What is the ISIN of Yuanta Daily S&P 500 Bull 2X ETF?

The ISIN of Yuanta Daily S&P 500 Bull 2X ETF is TW00000647L6.

What does leveraged daily exposure mean for Yuanta Daily S&P 500 Bull 2X ETF?

Yuanta Daily S&P 500 Bull 2X ETF aims to deliver 2 times the daily return of SPY (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 Yuanta Daily S&P 500 Bull 2X ETF?

Volatility decay (also called compounding drag) occurs because Yuanta Daily S&P 500 Bull 2X ETF 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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Yuanta Daily S&P 500 Bull 2X ETF (00647L.TW) Price

Yuanta Daily S&P 500 Bull 2X ETF Price

— EUR

TER0.99 %

AUM773.25 M TWD

IndexS&P 500 PR 2x Leverage Carry-Free Daily Index - TWD - Benchmark TR Net

CurrencyTWD

Funds Launch12/2/2015

Yuanta Daily S&P 500 Bull 2X ETF Price

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Underlying

SPY

SPY2X Long Daily

SPY

Yuanta Daily S&P 500 Bull 2X ETF provides 2X daily 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.