Nikkei-JPX Commodity Index
Leveraged and Inverse Index
The Nikkei-JPX Leveraged Index represent the doubled performance of the Nikkei-JPX Commodity Index and the Nikkei-JPX Commodity Sub Index (hereinafter “base index”), the Nikkei-JPX Inverse Index represent the inverse performance of the base index and the Nikkei-JPX Double Inverse Index represent the doubled inverse performance of the base index.
For instance, if a base index rises by 5% from the base index calculated from the settlement price of each component (hereinafter “settlement base index”) of the previous day, the corresponding Nikkei-JPX Leveraged Index rises by 10% over the same period, the corresponding Nikkei-JPX Inverse Index falls by 5% and the corresponding Nikkei-JPX Double Inverse Index falls by 10%. Similarly, if a base index falls by 5% from the settlement base index of the previous day, the corresponding Leveraged Index falls by 10% over the same period, the corresponding Inverse Index rises by 5% and the corresponding Double Inverse Index rises by 10%.
| Index Name | Nikkei-JPX Leveraged Index Nikkei-JPX Inverse Index Nikkei-JPX Double Inverse Index |
| Component Issues | Nikkei-JPX Commodity Index and Nikkei-JPX Sub Commodity Index |
| Calculation Method | The Nikkei-JPX Leveraged Index, Nikkei-JPX Inverse Index and Nikkei-JPX Double Inverse Index are calculated and published once a day, using the change rate of the base index. |
| Start of Calculation | December 3,2012（Leveraged and Inverse Index） April 13, 2026（Double Inverse Index） |
| Base Date / Base Point | December 30, 2009 / 10,000.00 points（Leveraged and Inverse Index） December 30, 2022 / 10,000.00 points（Double Inverse Index） |
Calculation Method
| "Nikkei-JPX Leveraged Index", "Nikkei-JPX Inverse Index" Index Guidebook |  |
|---|---|
| “Nikkei-JPX Leveraged Index”,” Nikkei-JPX Inverse Index”, “Nikkei-JPX Double Inverse Index” Index Guidebook (Effective April 13, 2026) | |