What is the ISIN of Kiwoom 2X Bio TOP10 ETN?

The ISIN of Kiwoom 2X Bio TOP10 ETN is KRG760000155.

What does leveraged daily exposure mean for Kiwoom 2X Bio TOP10 ETN?

Kiwoom 2X Bio TOP10 ETN aims to deliver 2 times the daily return of ETN (long). The leverage resets each trading day, so multi-day returns can differ materially from 2X the underlying's cumulative return.

What is volatility decay and how does it affect Kiwoom 2X Bio TOP10 ETN?

Volatility decay (also called compounding drag) occurs because Kiwoom 2X Bio TOP10 ETN 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.

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Kiwoom 2X Bio TOP10 ETN (760015.KQ) Price

Kiwoom 2X Bio TOP10 ETN Price

— EUR

TER0 %

IndexKEDI Bio TOP10 Leverage (x2) Index - KRW - Benchmark TR Gross

Funds Launch11/8/2024

Kiwoom 2X Bio TOP10 ETN Price

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Underlying

ETN

ETN2X Long Daily

ETN

Kiwoom 2X Bio TOP10 ETN provides 2X daily exposure to ETN.

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.