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A Smartkarma report by a derivatives and quantitative strategist says 2x single-stock ETFs tracking Samsung Electronics and SK Hynix must rally roughly 33% to recover June 22 levels, implying the underlying shares need about a 16.5% rise. Both chipma

2026-06-24

A Smartkarma report by a derivatives and quantitative strategist says 2x single-stock ETFs tracking Samsung Electronics and SK Hynix must rally roughly 33% to recover June 22 levels, implying the underlying shares need about a 16.5% rise. Both chipmakers fell double digits on Tuesday, knocking the linked ETFs down about 25%; the Samsung 2x ETF is down 5.4% since its May 27 launch. The report warns Korea’s single-stock 2x ETFs boost returns in trending markets but quickly erode value in high volatility, making them best suited to short-term tactical momentum trades.

Other News
2026-06-23

The German DAX 30 index closed down 237.30 points, or 0.94%, at 24,914.18 on Tuesday, June 23. The UK FTSE 100 index closed up 1.37 points, or 0.01%, at 10,439.22 on Tuesday, June 23. The French CAC 40 index closed down 59.40 points, or 0.71%, at 8,3

The German DAX 30 index closed down 237.30 points, or 0.94%, at 24,914.18 on Tuesday, June 23. The UK FTSE 100 index closed up 1.37 points, or 0.01%, at 10,439.22 on Tuesday, June 23. The French CAC 40 index closed down 59.40 points, or 0.71%, at 8,340.71 on Tuesday, June 23. The Stoxx 50 index closed down 75.96 points, or 1.20%, at 6235.36 on Tuesday, June 23; the Spanish IBEX 35 index closed down 93.84 points, or 0.48%, at 19481.46 on Tuesday, June 23; and the Italian FTSE MIB index closed down 755.28 points, or 1.43%, at 52041.50 on Tuesday, June 23.
2026-06-24

US 2-year Treasury auction on June 23: bid-cover ratio 2.64; prior 2.64.

US 2-year Treasury auction on June 23: bid-cover ratio 2.64; prior 2.64.
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