What does leveraged daily exposure mean for Hanwha PLUS Japan Ultra Short-term Treasury Bill ETF(SYNYH)?

Hanwha PLUS Japan Ultra Short-term Treasury Bill ETF(SYNYH) aims to deliver 2 times the daily return of PLUS (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 Hanwha PLUS Japan Ultra Short-term Treasury Bill ETF(SYNYH)?

Volatility decay (also called compounding drag) occurs because Hanwha PLUS Japan Ultra Short-term Treasury Bill ETF(SYNYH) 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.

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Hanwha PLUS Japan Ultra Short-term Treasury Bill ETF(SYNYH) (489000.KQ) Kurs

Q: Aká je ISIN spoločnosti Hanwha PLUS Japan Ultra Short-term Treasury Bill ETF(SYNYH)?

ISIN spoločnosti Hanwha PLUS Japan Ultra Short-term Treasury Bill ETF(SYNYH) je KR7489000000

Hanwha PLUS Japan Ultra Short-term Treasury Bill ETF(SYNYH) Kurs

— EUR

PRO

TER0,19 %

AUM22,11 Miliarda KRW

IndexKAP Japanese Short-Term Government Bond Index - KRW - Benchmark TR Gross

MenaKRW

Začiatok fondu13. 8. 2024

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Podkladové

PLUS

PLUS2X Short Daily

PLUS

Hanwha PLUS Japan Ultra Short-term Treasury Bill ETF(SYNYH) poskytuje 2X inverznýdenné vystavenie PLUS.

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.