MiraeAsset Securities Miraeasset Inverse 0.5X SP500 VIX S/T Futures Exchange Traded Note(H)B 101 (520086.KQ) Price

MiraeAsset Securities Miraeasset Inverse 0.5X SP500 VIX S/T Futures Exchange Traded Note(H)B 101 Price

EUR
TER0.00 %
IndexS&P 500 VIX Short-Term Futures 0.5x Inverse Daily Index - Benchmark TR Net
Funds Launch2/3/2025
Access this data via the Eulerpool API

Underlying

VIX
VIX5X Short Daily
VIX

MiraeAsset Securities Miraeasset Inverse 0.5X SP500 VIX S/T Futures Exchange Traded Note(H)B 101 provides 5X inversedaily exposure to VIX.

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.

MiraeAsset Securities Miraeasset Inverse 0.5X SP500 VIX S/T Futures Exchange Traded Note(H)B 101 List of Holdings

Frequently asked questions about MiraeAsset Securities Miraeasset Inverse 0.5X SP500 VIX S/T Futures Exchange Traded Note(H)B 101

MiraeAsset Securities Miraeasset Inverse 0.5X SP500 VIX S/T Futures Exchange Traded Note(H)B 101 is offered by Mirae Asset, a leading player in the field of passive investments.

The ISIN of MiraeAsset Securities Miraeasset Inverse 0.5X SP500 VIX S/T Futures Exchange Traded Note(H)B 101 is KRG520000867.

MiraeAsset Securities Miraeasset Inverse 0.5X SP500 VIX S/T Futures Exchange Traded Note(H)B 101 aims to deliver 5 times the daily return of VIX (short/inverse). The leverage resets each trading day, so multi-day returns can differ materially from 5X the underlying's cumulative return.

Volatility decay (also called compounding drag) occurs because MiraeAsset Securities Miraeasset Inverse 0.5X SP500 VIX S/T Futures Exchange Traded Note(H)B 101 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.

Leveraged ETFs like MiraeAsset Securities Miraeasset Inverse 0.5X SP500 VIX S/T Futures Exchange Traded Note(H)B 101 are designed for short-term, tactical trading — typically intraday or a few days. Holding them for weeks or months exposes investors to compounding risk and potential tracking deviation. Most issuers explicitly recommend against long-term holding.

MiraeAsset Securities Miraeasset Inverse 0.5X SP500 VIX S/T Futures Exchange Traded Note(H)B 101 provides 5X daily short/inverse exposure to VIX. When VIX moves +1% in a day, MiraeAsset Securities Miraeasset Inverse 0.5X SP500 VIX S/T Futures Exchange Traded Note(H)B 101 targets approximately 5% (before fees).

European investors may incur additional costs for currency exchange and transaction fees.

No, MiraeAsset Securities Miraeasset Inverse 0.5X SP500 VIX S/T Futures Exchange Traded Note(H)B 101 does not comply with the EU UCITS investor protection directives.

MiraeAsset Securities Miraeasset Inverse 0.5X SP500 VIX S/T Futures Exchange Traded Note(H)B 101 tracks the performance of the S&P 500 VIX Short-Term Futures 0.5x Inverse Daily Index - Benchmark TR Net.

MiraeAsset Securities Miraeasset Inverse 0.5X SP500 VIX S/T Futures Exchange Traded Note(H)B 101 is domiciled in KR.

The fund was launched on 2/3/2025.

The MiraeAsset Securities Miraeasset Inverse 0.5X SP500 VIX S/T Futures Exchange Traded Note(H)B 101 mainly invests in Large Cap companies.

Investments can be made through brokers or financial institutions that provide access to trading ETFs.

The ETF is traded on the stock exchange, similar to stocks.

Yes, the ETF can be held in a regular securities account.

The ETF is suitable for both short-term and long-term investment strategies, depending on the investor's goals.

The ETF is valued on a daily stock exchange basis.

Information on dividends should be requested from the provider's website or your broker.

The risks include market fluctuations, currency risks, and the risk associated with smaller companies.

The ETF is obligated to report regularly and transparently on its investments.

The performance can be viewed on Eulerpool or directly on the provider's website.

Further information can be found on the official website of the provider.

ETF Directory

ETF Directory