What is the ISIN of Fubon TAIEX Daily 2X Leveraged ETF?

The ISIN of Fubon TAIEX Daily 2X Leveraged ETF is TW00000675L7.

What does leveraged daily exposure mean for Fubon TAIEX Daily 2X Leveraged ETF?

Fubon TAIEX Daily 2X Leveraged ETF aims to deliver 2 times the daily return of TAIEX (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 TAIEX Daily 2X Leveraged ETF?

Volatility decay (also called compounding drag) occurs because Fubon TAIEX Daily 2X Leveraged 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 TAIEX Daily 2X Leveraged ETF (00675L.TW) Price

Fubon TAIEX Daily 2X Leveraged ETF Price

— EUR

TER0.69 %

AUM22.42 B TWD

IndexTAIEX Leveraged 2X Index - TWD - Benchmark TR Gross

CurrencyTWD

Funds Launch9/23/2016

Fubon TAIEX Daily 2X Leveraged ETF Price

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Underlying

TAIEX

TAIEX2X Long Daily

TAIEX

Fubon TAIEX Daily 2X Leveraged ETF provides 2X daily exposure to TAIEX.

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.