SG ETN 1x Short CBOE VIX Future (VIX1S.MI) Price

SG ETN 1x Short CBOE VIX Future is offered by Societe Generale, a leading player in the field of passive investments.

The ISIN of SG ETN 1x Short CBOE VIX Future is XS2425315400.

SG ETN 1x Short CBOE VIX Future aims to deliver 1 times the daily return of SG (short/inverse). The leverage resets each trading day, so multi-day returns can differ materially from 1X the underlying's cumulative return.

Volatility decay (also called compounding drag) occurs because SG ETN 1x Short CBOE VIX Future rebalances daily. In choppy, sideways markets the cumulative return can significantly trail 1X 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 SG ETN 1x Short CBOE VIX Future 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.

SG ETN 1x Short CBOE VIX Future provides 1X daily short/inverse exposure to SG. When SG moves +1% in a day, SG ETN 1x Short CBOE VIX Future targets approximately 1% (before fees).

The total expense ratio of SG ETN 1x Short CBOE VIX Future is 0.01%, which means that investors pay 1.00 EUR per 10,000 EUR in investment capital annually.

The ETF is listed in EUR.

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

No, SG ETN 1x Short CBOE VIX Future does not comply with the EU UCITS investor protection directives.

SG ETN 1x Short CBOE VIX Future tracks the performance of the CBOE Volatility Index Futures - Benchmark TR Net.

SG ETN 1x Short CBOE VIX Future is domiciled in IT.

The fund was launched on 9/9/2022.

The SG ETN 1x Short CBOE VIX Future mainly invests in Volatility companies.

The NAV of SG ETN 1x Short CBOE VIX Future amounts to 26.69 M EUR.

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.