Leveraged & Inverse ETFs

Leveraged ETF

2X01BSET50

BCAP SET50 Daily Leveraged ETF (2X)

2X01BSET50

BCAP SET50 Daily Leveraged ETF (2X)

5.53 baht

22/01/2026 16:45

Inverse ETF

2I01BSET50

BCAP SET50 Daily Inverse ETF (-2X)

2I01BSET50

BCAP SET50 Daily Inverse ETF (-2X)

4.21 baht

22/01/2026 16:45

1I01BSET50

BCAP SET50 Daily Inverse ETF (-1X)

1I01BSET50

BCAP SET50 Daily Inverse ETF (-1X)

4.60 baht

22/01/2026 16:45

Leveraged & Inverse ETFs (L&I ETFs) are ETFs that combine the investment strategy of traditional ETFs with leveraged or inverse returns. For example, a 1% Leveraged ETF will increase by 2%, while an Inverse ETF will decrease by 1%. A 2x Leveraged ETF means that if the underlying asset rises by 2%, the ETF will rise by 4%. Similarly, an Inverse ETF -1X means if the underlying asset decreases by 1%, the ETF will increase by 1%. These are designed for investors seeking higher returns or to hedge market risks with leveraged and inverse strategies.

Examples of Leveraged & Inverse ETFs linked to the SET50 TRI:

2X01BSET50 – BCAP SET50 Daily Leveraged ETF (2X): A fund that follows the SET50 TRI and aims to increase returns by 2 times the daily movement of the SET50 TRI
2I01BSET50 – BCAP SET50 Daily Inverse ETF (-2X): A fund that follows the SET50 TRI and aims to provide returns by -2 times the daily movement of the SET50 TRI
1I01BSET50 – BCAP SET50 Daily Inverse ETF (-1X): A fund that follows the SET50 TRI and aims to provide returns by -1 time the daily movement of the SET50 TRI

How L&I works? What are the risks?

Leveraged and Inverse (L&I) refers to instruments used for trading that aim to multiply returns or provide the inverse performance of an underlying index. These can include: 

Futures: A contract used to gain leveraged exposure to the index. 

Swaps: A contract used to gain inverse exposure or leveraged returns.

Key features to consider when trading L&I include:

Daily Reset Mechanism: L&I ETFs are designed to reset their leveraged or inverse positions at the end of each trading day. They use a reset mechanism to maintain the targeted exposure, which can result in significant differences in returns for long-term holding versus short-term trading.

Compounding Effects: L&I ETFs are affected by compounding, which can lead to greater volatility and risks when holding the instrument for extended periods. The longer the holding period, the greater the risk of returns deviating from the target performance, especially in volatile markets.

Invest in all markets anytime

Add the ability to trade globally across regions via L&I ETFs that are the largest. You can also invest in assets available through a wide range of tools. Read more

Track iNAV and buy through multiple channels

Check real-time prices for ETFs available through Streaming, Aspen, Trade Master, Aomwise, or on the website. Read more

Update the portfolio and consolidate

Track the full portfolio and the value of the ETF assets available through users who trade through Wealth Connex. Read more

Invest in all markets anytime

Add the ability to trade globally across regions via L&I ETFs that are the largest. You can also invest in assets available through a wide range of tools. Read more

Track iNAV and buy through multiple channels

Check real-time prices for ETFs available through Streaming, Aspen, Trade Master, Aomwise, or on the website. Read more

Update the portfolio and consolidate

Track the full portfolio and the value of the ETF assets available through users who trade through Wealth Connex. Read more

For New Customer

For BLS Customer

Start opening a securities account easily with quick approval and begin investing.

1. Prepare your ID card to fill in the information.

2. Apply for a securities account to invest in L&I ETFs without the need to open a new account. See how to Click

• Wealth Connex app / AomWise app / www.bualuang.co.th

• Bangkok Bank Mobile Banking app

• Bualuang Securities branch or Bangkok Bank branch

3. Choose the type of securities account. Learn more Click

• Cash Balance – Pay the full amount before buying, ideal for beginners.

• Cash Collateral – Pay the full amount within 2 business days.

• Credit Balance – Borrow money to increase purchasing power.

4. Wait for account approval via email. Then, you can start investing in L&I ETFs through the E-Services menu on the Wealth Connex app or the website. Install now Click

5. Deposit funds into your account and start investing right away. Check the fees Click

How to Open an Account

What should you consider when investing in L&I ETFs?

L&I ETFs offer the potential for higher returns by leveraging market movements. They allow investors to profit from market fluctuations more efficiently than standard ETFs. However, the key difference is that they harness the compounding effect, which can lead to greater returns but also comes with increased risk. Click for more details

What is the effect of Daily Reset and Compounding on L&I ETFs?

Leveraged & Inverse ETFs will adjust their daily returns based on the closing value of the underlying index. If the closing price is higher than the previous day, the return will be positive; if lower, the return will be negative. This means that the compounding effect may cause the performance of the ETF to differ from the underlying index, especially if held for longer than one day. This may lead to returns that are higher or lower than expected, depending on the volatility and market movements. Click for more details

How is the Thai SEC changing the rules for investing in L&I ETFs?

Investors who are categorized as high-net-worth individuals (UHNW), such as those with high net worth or High Net Worth (HNW), are able to buy Leveraged & Inverse ETFs (L&I ETFs), which may be more than double the original amount. However, they must be aware of the risks involved, as these products are highly risky and require sufficient understanding due to the nature of the assets.

Note: UHNW or Ultra-High Net Worth refers to clients whose net worth is over 30 million baht. Click for more details