What does leveraged daily exposure mean for Meritz Securities Meritz Inverse 2X Copper Futures ETN(H) 29?

Meritz Securities Meritz Inverse 2X Copper Futures ETN(H) 29 aims to deliver 2 times the daily return of ETN (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 Copper Futures ETN(H) 29?

Volatility decay (also called compounding drag) occurs because Meritz Securities Meritz Inverse 2X Copper Futures ETN(H) 29 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 Copper Futures ETN(H) 29 (610029.KQ) Kurs

Q: Vad är ISIN för Meritz Securities Meritz Inverse 2X Copper Futures ETN(H) 29?

ISIN för Meritz Securities Meritz Inverse 2X Copper Futures ETN(H) 29 är KRG610000298.

Meritz Securities Meritz Inverse 2X Copper Futures ETN(H) 29 Kurs

—EUR

PRO

TER0,00 %

IndexBloomberg Copper Single 2X Inverse - Benchmark TR Gross

Fondens startdatum2021-11-09

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Underliggande

ETN

ETN2X Short Daily

ETN

Meritz Securities Meritz Inverse 2X Copper Futures ETN(H) 29 ger 2X omvänddaglig exponering för ETN.

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.