RISE 미국장기국채선물레버리지(합성 H) (267490) holdings & weights
Per-holding contribution · concentration · sector skew — a deep read
Fund overview
This is a Korea-listed ETF from KB자산운용. It tracks the S&P U.S. Treasury Bond Futures 2X Leverage Index ER. Key facts — expense ratio 0.5%; net assets about KRW 3.3B; inception 2017-04-20. Its 1-year return is -20.3%.
Fund details
Fund overview
This is a Korea-listed ETF from KB자산운용. It tracks the S&P U.S. Treasury Bond Futures 2X Leverage Index ER. Key facts — expense ratio 0.5%; net assets about KRW 3.3B; inception 2017-04-20. Its 1-year return is -20.3%.
5 identified stocks · net exposure / NAV 53.51%. Display weights are normalized to 100%; calculations retain original exposures without an additional leverage multiplier. Cash and unallocated contracts are excluded from stock attribution.
Weight and calculation basis
5 identified stocks · net exposure / NAV 53.51%. Display weights are normalized to 100%; calculations retain original exposures without an additional leverage multiplier. Cash and unallocated contracts are excluded from stock attribution.
Investor net buying
Latest-session net buying by foreigners, institutions and retail (positive = net buy, negative = net sell).
| Date | Change | Foreign | Inst. | Retail |
|---|---|---|---|---|
| 10/20 | -1.57% | 0 sh | −11 sh | +11 sh |
| 10/19 | +0.21% | 0 sh | −11 sh | +11 sh |
| 10/16 | +0.85% | 0 sh | −1 sh | +1 sh |
| 10/15 | +3.97% | 0 sh | +483 sh | −483 sh |
| 10/14 | -0.87% | 0 sh | +560 sh | −560 sh |
Investor flows
Investor net buying
Latest-session net buying by foreigners, institutions and retail (positive = net buy, negative = net sell).
| Date | Change | Foreign | Inst. | Retail |
|---|---|---|---|---|
| 10/20 | -1.57% | 0 sh | −11 sh | +11 sh |
| 10/19 | +0.21% | 0 sh | −11 sh | +11 sh |
| 10/16 | +0.85% | 0 sh | −1 sh | +1 sh |
| 10/15 | +3.97% | 0 sh | +483 sh | −483 sh |
| 10/14 | -0.87% | 0 sh | +560 sh | −560 sh |
We have this ETF's holdings, but the prices for those particular listings are outside our quote coverage (currently Korea- and US-listed securities). So today's contribution and return are not computed — showing 0% would claim it did not move, which is a different statement. The holdings and weights below follow the calculation basis above.
Today's summary
Its top 10 holdings make up about 100.0% of the fund. The concentration index (HHI) is 2434 — Moderate, and the largest sector is 기타 (67%). The higher the concentration, the more one stock or sector drives the whole ETF's return.
Structural health
A five-axis read on how this fund is built. It is not a return forecast or a recommendation, and a low score does not mean a bad fund — leveraged products score low by design. Each axis shows the figure behind it.
Concentration sits in the 1,500–2,500 band (2,434) — moderate.
기타 alone is 67%. This is effectively a bet on that one industry — if the sector falls, diversification will not help.
0.5% a year is typical. Held ten years, roughly 5.0% goes to fees.
Net assets of KRW 3.3B are small. Thin funds trade at wider spreads, and very small ones get closed or merged.
A 2x leveraged fund. It resets exposure daily, so over more than a few days the result drifts from "index move × 2". Built for short holds.
Concentration and diversification
Structural health
A five-axis read on how this fund is built. It is not a return forecast or a recommendation, and a low score does not mean a bad fund — leveraged products score low by design. Each axis shows the figure behind it.
Concentration sits in the 1,500–2,500 band (2,434) — moderate.
기타 alone is 67%. This is effectively a bet on that one industry — if the sector falls, diversification will not help.
0.5% a year is typical. Held ten years, roughly 5.0% goes to fees.
Net assets of KRW 3.3B are small. Thin funds trade at wider spreads, and very small ones get closed or merged.
A 2x leveraged fund. It resets exposure daily, so over more than a few days the result drifts from "index move × 2". Built for short holds.
Top 5 holdings
2 derivative positions are excluded. Stock contributions do not explain the entire ETF return.
Weights are normalized to 100% of absolute exposures across analysed positions, including positions outside this top list. Cash, collateral and unverified assets are excluded. Contributions retain original signed NAV exposures; leverage is not applied twice.
Normalized to 100% of analysed positions
Weights are normalized to 100% of absolute exposures across analysed positions, including positions outside this top list. Cash, collateral and unverified assets are excluded. Contributions retain original signed NAV exposures; leverage is not applied twice.
| # | Holding | Weight |
|---|---|---|
| 1 | US LONG BOND(CBOT) DEC 2026USZ6 | 33.02% |
| 2 | RISE 머니마켓액티브455890 | 26.35% |
| 3 | RISE 단기국공채액티브272560 | 20.43% |
| 4 | RISE 단기통안채196230 | 13.87% |
| 5 | RISE 미국장기국채선물(H)267440 | 6.33% |
Holdings below 0.5% or outside the top list are folded into “Others” and omitted above.
Where the weight sits — sector mix
Listed equity weights summed by sector and normalized to 100%. Each band is one sector's share.
Industry breakdown
HHI sums the squared weights. The more it leans on a few names, the higher it goes — and the more the whole ETF moves with them.
Leverage / inverse caveat
This fund tracks its index at 2x.
That 2x applies to a **single day**. Held longer, the daily reset makes the period return drift from 2x the index: if the index chops up and down and returns to where it started, this fund is still down. That is volatility decay.
It bites hardest in sideways markets and compounds with holding time. These are built for short directional trades.
How concentrated is it
RISE 미국장기국채선물레버리지(합성 H) leans heavily on a handful of names. Its concentration index (HHI) is 2434, and the top 10 holdings make up 100.0% of equity weight — closer to owning a few stocks than a diversified basket.
If you bought it for diversification, note that when one or two of those names move sharply, most of the fund's day comes from them.
HHI squares each weight and sums them: 10,000 means one stock is everything, and the more evenly spread the holdings, the closer it falls to zero.
Where the sector weight sits
By sector, 기타 alone is 67% — whatever the fund is called, this is a bet on that industry.
Bad news for the sector moves the whole fund. Worth checking against anything else you hold in the same space.
Weights above sum the individually listed equities and normalize that equity total to 100%.
How much it overlaps others
It shares 75% of its holdings with 491630 (1 names in common) — close to half the same companies.
Own both and the diversification is thinner than it looks.
What it is made of
The fund holds 9 positions in total; this page lists the largest 5 and folds the rest into "Others".
Equities are 53.5% of the fund, the rest swaps and cash — index exposure built synthetically rather than by owning the shares, which adds counterparty risk.
The expense ratio is 0.5% a year, which is not cheap. Fees come out of returns every year you hold, so it is worth checking whether the same index is available for less.
This page is not investment advice. Investment decisions and responsibility are your own.
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