SG ETN Daily Short -5x Oat Future (OATS5.MI) Price
SG ETN Daily Short -5x Oat Future Price
Underlying
SG ETN Daily Short -5x Oat Future provides 5X inversedaily exposure to SG.
Leverage & Compounding Risk
This ETF rebalances daily to achieve its 5X target. Over periods longer than one day, compounding can cause returns to deviate significantly from 5X the underlying's return — especially in volatile, sideways markets (volatility decay). This product is designed for short-term trading, not buy-and-hold investing.
SG ETN Daily Short -5x Oat Future List of Holdings
Frequently asked questions about SG ETN Daily Short -5x Oat Future
SG ETN Daily Short -5x Oat Future is offered by Societe Generale, a leading player in the field of passive investments.
The ISIN of SG ETN Daily Short -5x Oat Future is XS2425316044.
SG ETN Daily Short -5x Oat Future aims to deliver 5 times the daily return of SG (short/inverse). The leverage resets each trading day, so multi-day returns can differ materially from 5X the underlying's cumulative return.
Volatility decay (also called compounding drag) occurs because SG ETN Daily Short -5x Oat Future rebalances daily. In choppy, sideways markets the cumulative return can significantly trail 5X 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 Daily Short -5x Oat 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 Daily Short -5x Oat Future provides 5X daily short/inverse exposure to SG. When SG moves +1% in a day, SG ETN Daily Short -5x Oat Future targets approximately 5% (before fees).
The total expense ratio of SG ETN Daily Short -5x Oat 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 Daily Short -5x Oat Future does not comply with the EU UCITS investor protection directives.
SG ETN Daily Short -5x Oat Future tracks the performance of the Euro Short-Term Rate Index - EUR.
SG ETN Daily Short -5x Oat Future is domiciled in LU.
The fund was launched on 9/9/2022.
The SG ETN Daily Short -5x Oat Future mainly invests in Wide credit companies.
The NAV of SG ETN Daily Short -5x Oat Future amounts to 31.14 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.
ETF profile
SG ETN Daily Short -5x Oat Future