What is the ISIN of Mirae Asset 1.5X Natural Gas Futures ETN?

The ISIN of Mirae Asset 1.5X Natural Gas Futures ETN is KRG520000768.

What does leveraged daily exposure mean for Mirae Asset 1.5X Natural Gas Futures ETN?

Mirae Asset 1.5X Natural Gas Futures ETN aims to deliver 5 times the daily return of ETN (long). The leverage resets each trading day, so multi-day returns can differ materially from 5X the underlying's cumulative return.

What is volatility decay and how does it affect Mirae Asset 1.5X Natural Gas Futures ETN?

Volatility decay (also called compounding drag) occurs because Mirae Asset 1.5X Natural Gas Futures ETN rebalances daily. In choppy, sideways markets the cumulative return can significantly trail 5X the underlying's period return — even if the underlying ends flat. The effect intensifies with higher leverage factors and longer holding periods.

Know before the market does.One step ahead of Buffett.Try the Terminal for free

Mirae Asset 1.5X Natural Gas Futures ETN (520076.KQ) Price

Mirae Asset 1.5X Natural Gas Futures ETN Price

— EUR

PRO

TER0 %

IndexBloomberg Natural Gas Single 1.5X Leveraged Index - KRW - Benchmark TR Gross

Funds Launch5/23/2024

Mirae Asset 1.5X Natural Gas Futures ETN Price

Access this data via the Eulerpool API

Docs Get Free API Key

Underlying

ETN

ETN5X Long Daily

ETN

Mirae Asset 1.5X Natural Gas Futures ETN provides 5X daily exposure to ETN.

Leverage & Compounding Risk

This ETF rebalances daily to achieve its 5X target. Over periods longer than one day, compounding can cause returns to deviate significantly from 5X the underlying's return — especially in volatile, sideways markets (volatility decay). This product is designed for short-term trading, not buy-and-hold investing.