What is the ISIN of Meritz 3X Leveraged US 10 Year ETN?

The ISIN of Meritz 3X Leveraged US 10 Year ETN is KRG610000751.

What does leveraged daily exposure mean for Meritz 3X Leveraged US 10 Year ETN?

Meritz 3X Leveraged US 10 Year ETN aims to deliver 3 times the daily return of US (long). The leverage resets each trading day, so multi-day returns can differ materially from 3X the underlying's cumulative return.

What is volatility decay and how does it affect Meritz 3X Leveraged US 10 Year ETN?

Volatility decay (also called compounding drag) occurs because Meritz 3X Leveraged US 10 Year ETN rebalances daily. In choppy, sideways markets the cumulative return can significantly trail 3X the underlying's period return — even if the underlying ends flat. The effect intensifies with higher leverage factors and longer holding periods.

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Meritz 3X Leveraged US 10 Year ETN (610075.KQ) Price

Meritz 3X Leveraged US 10 Year ETN Price

— EUR

PRO

TER0 %

IndexKIS 3X Leveraged US Bond 10Y Index - KRW - Benchmark TR Gross

Funds Launch4/25/2024

Meritz 3X Leveraged US 10 Year ETN Price

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Underlying

US3X Long Daily

Meritz 3X Leveraged US 10 Year ETN provides 3X daily exposure to US.

Leverage & Compounding Risk

This ETF rebalances daily to achieve its 3X target. Over periods longer than one day, compounding can cause returns to deviate significantly from 3X the underlying's return — especially in volatile, sideways markets (volatility decay). This product is designed for short-term trading, not buy-and-hold investing.