What is the ISIN of Yuanta S&P US Dollar 2x Leverage ER Futures ETF?

The ISIN of Yuanta S&P US Dollar 2x Leverage ER Futures ETF is TW00000683L1.

What does leveraged daily exposure mean for Yuanta S&P US Dollar 2x Leverage ER Futures ETF?

Yuanta S&P US Dollar 2x Leverage ER Futures ETF aims to deliver 2 times the daily return of US (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 S&P US Dollar 2x Leverage ER Futures ETF?

Volatility decay (also called compounding drag) occurs because Yuanta S&P US Dollar 2x Leverage ER Futures 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 S&P US Dollar 2x Leverage ER Futures ETF (00683L.TW) Price

Yuanta S&P US Dollar 2x Leverage ER Futures ETF Price

— EUR

TER0.95 %

AUM257.53 M TWD

IndexS&P US Dollar Futures 2x Leverage Daily Index - Benchmark TR Net

CurrencyTWD

Funds Launch3/14/2017

Yuanta S&P US Dollar 2x Leverage ER Futures ETF Price

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Underlying

US2X Long Daily

Yuanta S&P US Dollar 2x Leverage ER Futures ETF provides 2X daily exposure to US.

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.