What does leveraged daily exposure mean for MERITZ SECURITIES MERITZ INVERSE 2X US TREASURY BOND 30Y ETN(H) 40?

MERITZ SECURITIES MERITZ INVERSE 2X US TREASURY BOND 30Y ETN(H) 40 aims to deliver 2 times the daily return of US (short/inverse). 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 MERITZ SECURITIES MERITZ INVERSE 2X US TREASURY BOND 30Y ETN(H) 40?

Volatility decay (also called compounding drag) occurs because MERITZ SECURITIES MERITZ INVERSE 2X US TREASURY BOND 30Y ETN(H) 40 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.

MERITZ SECURITIES MERITZ INVERSE 2X US TREASURY BOND 30Y ETN(H) 40 (610040.KQ) 가격

MERITZ SECURITIES MERITZ INVERSE 2X US TREASURY BOND 30Y ETN(H) 40 가격

—EUR

PRO

TER0.00 %

IndexKAP Inverse Leveraged US 30-Year Treasury Index - KRW - Benchmark TR Gross

펀드 시작2022. 6. 13.

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US2X Short Daily

MERITZ SECURITIES MERITZ INVERSE 2X US TREASURY BOND 30Y ETN(H) 40은 US에 대한 일일 노출을 2X 역 제공합니다.

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.