Solactive is pleased to announce its inaugural collaboration with Meritz Securities by supporting the launch of 3 ETNs, each tracking to the Solactive WTI Leverage Index family. Considering persistent global market fluctuations and heightened uncertainty surrounding energy supply chains, crude oil has reasserted its role as a key instrument for tactical asset allocation. West Texas Intermediate (WTI) crude oil continues to draw investor attention due to its sensitivity to geopolitical and macroeconomic developments. Leveraged strategies offer investors the ability to capitalize on directional views—either bullish or bearish — on short-term WTI price movements. Moreover, given WTI’s differentiated correlation profile versus equities and fixed income, the indices may serve as effective diversifiers within broader multi-asset portfolios.
The product suite comprises three distinct leveraged index strategies: Solactive WTI Total Return 2x Long Leverage Index, Solactive WTI Total Return 2x Short Leverage Index, and Solactive WTI Total Return 1x Long Leverage Index. These indices are designed to meet growing investor interest in dynamic crude oil investment tools amid ongoing commodity price volatility. Each index reflects the performance of a leveraged investment in a rolling WTI crude oil futures strategy. The underlying reference is the Solactive Future Series 5-Day Roll WTI Crude Oil Excess Return USD Index, to which leverage factors of 2x, 1x, and -2x are applied.
The following ETNs were listed on 7th May 2025 on the Korean Stock Exchange:
Meritz Securities Solactive WTI Futures ETN(H) 87, with ticker code, 610087.KS
Meritz Securities Solactive 2X WTI Futures ETN(H) 88, with ticker code, 610088.KS
Meritz Securities Solactive -2X WTI Futures ETN(H) 89, with ticker code, 610089.KS
Timo Pfeiffer, Chief Markets Officer at Solactive, commented: “We are thrilled to welcome Meritz Securities as a new partner in launching this commodity index suite. With investor appetite for tactical commodity exposures on the rise, our Solactive WTI Leverage Index family offers a flexible and efficient solution. We are confident that this collaboration will provide a valuable toolkit to navigate the dynamic energy markets.”
Jiman Park, Head of Derivatives Division at Meritz Securities: “As inflationary pressures continue to mount, demand for commodity futures as inflation hedging instruments is increasing. In response to growing investor interest in crude oil futures, which offer the highest liquidity among commodities, we introduce WTI ETNs based on Solactive indices minimizing fee burden and currency exposure concerns. WTI 1x provides direct exposure to commodity futures for inflation hedging. WTI 2x offers leveraged returns for investors seeking to capitalize on upward commodity trends. WTI -2x presents inverse exposure for risk management and hedging against inflation concerns during periods of heightened global uncertainty and market volatility. The products utilize Solactive indices to deliver efficient and accessible commodity investment solutions.”