Cathay Dow Jones Industrial Average 2X ETF Fund Units (00852L.TW) Price

Cathay Dow Jones Industrial Average 2X ETF Fund Units is offered by Cathay, a leading player in the field of passive investments.

The ISIN of Cathay Dow Jones Industrial Average 2X ETF Fund Units is TW00000852L2.

Cathay Dow Jones Industrial Average 2X ETF Fund Units aims to deliver 2 times the daily return of DIA (long). The leverage resets each trading day, so multi-day returns can differ materially from 2X the underlying's cumulative return.

Volatility decay (also called compounding drag) occurs because Cathay Dow Jones Industrial Average 2X ETF Fund Units 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.

Leveraged ETFs like Cathay Dow Jones Industrial Average 2X ETF Fund Units are designed for short-term, tactical trading — typically intraday or a few days. Holding them for weeks or months exposes investors to compounding risk and potential tracking deviation. Most issuers explicitly recommend against long-term holding.

Cathay Dow Jones Industrial Average 2X ETF Fund Units provides 2X daily long exposure to DIA. When DIA moves +1% in a day, Cathay Dow Jones Industrial Average 2X ETF Fund Units targets approximately 2% (before fees).

The total expense ratio of Cathay Dow Jones Industrial Average 2X ETF Fund Units is 1.03%, which means that investors pay 103.00 TWD per 10,000 TWD in investment capital annually.

The ETF is listed in TWD.

European investors may incur additional costs for currency exchange and transaction fees.

No, Cathay Dow Jones Industrial Average 2X ETF Fund Units does not comply with the EU UCITS investor protection directives.

Cathay Dow Jones Industrial Average 2X ETF Fund Units tracks the performance of the Dow Jones Industrial Average PR 2X Leverage Carry-free Daily Index - Benchmark TR Net.

Cathay Dow Jones Industrial Average 2X ETF Fund Units is domiciled in TW.

The fund was launched on 8/15/2019.

The Cathay Dow Jones Industrial Average 2X ETF Fund Units mainly invests in Industrial Titles companies.

The NAV of Cathay Dow Jones Industrial Average 2X ETF Fund Units amounts to 28.07 M TWD.

Investments can be made through brokers or financial institutions that provide access to trading ETFs.

The ETF is traded on the stock exchange, similar to stocks.

Yes, the ETF can be held in a regular securities account.

The ETF is suitable for both short-term and long-term investment strategies, depending on the investor's goals.

The ETF is valued on a daily stock exchange basis.

Information on dividends should be requested from the provider's website or your broker.

The risks include market fluctuations, currency risks, and the risk associated with smaller companies.

The ETF is obligated to report regularly and transparently on its investments.

The performance can be viewed on Eulerpool or directly on the provider's website.

Further information can be found on the official website of the provider.