What is the ISIN of Fubon NIFTY 2X Leveraged Index ETF?

The ISIN of Fubon NIFTY 2X Leveraged Index ETF is TW00000653L4.

What does leveraged daily exposure mean for Fubon NIFTY 2X Leveraged Index ETF?

Fubon NIFTY 2X Leveraged Index ETF aims to deliver 2 times the daily return of NIFTY (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 Fubon NIFTY 2X Leveraged Index ETF?

Volatility decay (also called compounding drag) occurs because Fubon NIFTY 2X Leveraged Index 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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Fubon NIFTY 2X Leveraged Index ETF (00653L.TW) Price

Fubon NIFTY 2X Leveraged Index ETF Price

— EUR

TER1.22 %

AUM861.3 M TWD

IndexNifty 50

CurrencyTWD

Funds Launch3/16/2016

Fubon NIFTY 2X Leveraged Index ETF Price

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Underlying

NIFTY

NIFTY2X Long Daily

NIFTY

Fubon NIFTY 2X Leveraged Index ETF provides 2X daily exposure to NIFTY.

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.