iFreeETF TOPIX Double Inverse (-2x) Index (1368.T) Price
iFreeETF TOPIX Double Inverse (-2x) Index Price
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Performance
Underlying
iFreeETF TOPIX Double Inverse (-2x) Index provides 2X inversedaily exposure to TOPIX.
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.
iFreeETF TOPIX Double Inverse (-2x) Index List of Holdings
| Company | Share |
|---|---|
Cash And Cash Equivalent | 50.98 % |
Daiwa Money Stock Mother | 49.02 % |
Frequently asked questions about iFreeETF TOPIX Double Inverse (-2x) Index
iFreeETF TOPIX Double Inverse (-2x) Index is offered by iFreeETF , a leading player in the field of passive investments.
The ISIN of iFreeETF TOPIX Double Inverse (-2x) Index is JP3047880004.
iFreeETF TOPIX Double Inverse (-2x) Index aims to deliver 2 times the daily return of TOPIX (inverse). 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 iFreeETF TOPIX Double Inverse (-2x) Index 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 iFreeETF TOPIX Double Inverse (-2x) Index 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.
iFreeETF TOPIX Double Inverse (-2x) Index provides 2X daily inverse exposure to TOPIX. When TOPIX moves +1% in a day, iFreeETF TOPIX Double Inverse (-2x) Index targets approximately 2% (before fees).
The ETF is listed in JPY.
European investors may incur additional costs for currency exchange and transaction fees.
No, iFreeETF TOPIX Double Inverse (-2x) Index does not comply with the EU UCITS investor protection directives.
iFreeETF TOPIX Double Inverse (-2x) Index tracks the performance of the TOPIX Double Inverse -2x Index - JPY - Benchmark TR Gross.
iFreeETF TOPIX Double Inverse (-2x) Index is domiciled in JP.
The fund was launched on 1/4/2015.
The iFreeETF TOPIX Double Inverse (-2x) Index mainly invests in Large Cap companies.
The NAV of iFreeETF TOPIX Double Inverse (-2x) Index amounts to 201.70 JPY.
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.