What does leveraged daily exposure mean for Shinhan Securities Shinhan Inverse Russell 2000 ETN 55?

Shinhan Securities Shinhan Inverse Russell 2000 ETN 55 aims to deliver 1 times the daily return of IWM (short/inverse). The leverage resets each trading day, so multi-day returns can differ materially from 1X the underlying's cumulative return.

What is volatility decay and how does it affect Shinhan Securities Shinhan Inverse Russell 2000 ETN 55?

Volatility decay (also called compounding drag) occurs because Shinhan Securities Shinhan Inverse Russell 2000 ETN 55 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.

Shinhan Securities Shinhan Inverse Russell 2000 ETN 55

Q: Vad är ISIN för Shinhan Securities Shinhan Inverse Russell 2000 ETN 55?

ISIN för Shinhan Securities Shinhan Inverse Russell 2000 ETN 55 är KRG500000556.

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IndexRussell 2000 Daily Short Index - KRW - Benchmark TR Gross

Fondens startdatum2020-11-25