Samsung Securities Samsung Inverse 2X S&P500 Futures ETN 114 (530114.KQ) Price
Samsung Securities Samsung Inverse 2X S&P500 Futures ETN 114 Price
Underlying
Samsung Securities Samsung Inverse 2X S&P500 Futures ETN 114 provides 2X inversedaily exposure to SPY.
Leverage & Compounding Risk
This ETF rebalances daily to achieve its 2X target. Over periods longer than one day, compounding can cause returns to deviate significantly from 2X the underlying's return — especially in volatile, sideways markets (volatility decay). This product is designed for short-term trading, not buy-and-hold investing.
Samsung Securities Samsung Inverse 2X S&P500 Futures ETN 114 List of Holdings
Frequently asked questions about Samsung Securities Samsung Inverse 2X S&P500 Futures ETN 114
Samsung Securities Samsung Inverse 2X S&P500 Futures ETN 114 is offered by Samsung, a leading player in the field of passive investments.
The ISIN of Samsung Securities Samsung Inverse 2X S&P500 Futures ETN 114 is KRG530001145.
Samsung Securities Samsung Inverse 2X S&P500 Futures ETN 114 aims to deliver 2 times the daily return of SPY (short/inverse). The leverage resets each trading day, so multi-day returns can differ materially from 2X the underlying's cumulative return.
Volatility decay (also called compounding drag) occurs because Samsung Securities Samsung Inverse 2X S&P500 Futures ETN 114 rebalances daily. In choppy, sideways markets the cumulative return can significantly trail 2X 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 Samsung Securities Samsung Inverse 2X S&P500 Futures ETN 114 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.
Samsung Securities Samsung Inverse 2X S&P500 Futures ETN 114 provides 2X daily short/inverse exposure to SPY. When SPY moves +1% in a day, Samsung Securities Samsung Inverse 2X S&P500 Futures ETN 114 targets approximately 2% (before fees).
European investors may incur additional costs for currency exchange and transaction fees.
No, Samsung Securities Samsung Inverse 2X S&P500 Futures ETN 114 does not comply with the EU UCITS investor protection directives.
Samsung Securities Samsung Inverse 2X S&P500 Futures ETN 114 tracks the performance of the S&P 500 Futures 2x Inverse Daily Index - KRW - South Korean Won - Benchmark TR Gross.
Samsung Securities Samsung Inverse 2X S&P500 Futures ETN 114 is domiciled in KR.
The fund was launched on 6/28/2023.
The Samsung Securities Samsung Inverse 2X S&P500 Futures ETN 114 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.