YUANTA SECURITIES INV TRUST CO LTD DAILY S&P 500 BULL 2X

An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.

00647L trades at 86.25 TWD today, its price has fallen −2.81% in the past 24 hours. Track more dynamics on 00647L price chart.

00647L net asset value is 86.68 today — it's risen 17.61% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.

00647L assets under management is ‪1.29 B‬ TWD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.

00647L price has risen by 22.18% over the last month, and its yearly performance shows a 1.11% increase. See more dynamics on 00647L price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 17.61% over the last month, showed a −13.60% decrease in three-month performance and has increased by 2.02% in a year.

00647L fund flows account for ‪697.68 M‬ TWD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.

Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.

Yes, 00647L is a leveraged ETF, meaning it uses borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.

In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, 00647L technical analysis shows the neutral rating and its 1-week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating 00647L shows the buy signal. See more of 00647L technicals for a more comprehensive analysis.

No, 00647L doesn't pay dividends to its holders.

00647L trades at a premium (2.68%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.

00647L shares are issued by Yuanta Financial Holding Co. Ltd.

00647L follows the S&P 500 PR 2x Leverage Carry-Free Daily Index - TWD - Benchmark TR Net. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.

The fund started trading on Dec 2, 2015.