New

Trackinsight is part of ETF One, the fully integrated ETF platform of Kepler Cheuvreux. Learn more →

Help us improve your experience. Please confirm your investor type:

Compare ETFs Easily

The Ultimate ETF Comparison Tool - Try Now!

Analyze up to 5 ETFs side-by-side and gain instant insights on performance, fees, holdings, and more to make data-driven investment decisions.

Start Comparing ETFs Now!

›ETF Providers›SG Issuer›BTPS1

BTPS1

XS2425320582

Passive ETN Fixed Income

BTPS1 ETN · SG ETN Daily Short -1x Btp Future

The BTPS1 Exchange Traded Note (ETN) is provided by SG Issuer. It is built to track an index: Euro BTP Future. The dividend policy is capitalization.

Last update Yesterday at 8:00 AM UTC

LIVE

CLOSED

This fund is part ofInverse Fixed Income1M perf.+1.70%

Last price

€27.41

1M perf.

+2.59%

1M flows

N/A

AuM

€14M

E/R

0.95%

Rating

Not rated

ESG Consensus®

BTPS1

€27.41

Performance & flows

December 12, 2025 → March 12, 2026

Create a free account to view the flows graph

BTPS1

€27.51

+0.72%

Historic performance and flows

	1M	3M	1Y	3Y	5Y	MTD	QTD	YTD
Perf.	+2.59%	+0.72%	-3.60%	-5.53%	N/A	+3.45%	+1.19%	+1.19%
Flows

Key fund info

Main characteristics

Issuer

SG Issuer

ISIN

XS2425320582

AuM

€14M

E/R

0.95%

Replication rating

Not rated

ESG Consensus®

More details

NAV

3/12/2026

€27.51

1D NAV change

+0.51%

Dividend policy

No income

Replication method

Other

Replication model

Other

No. of holdings

N/A

Inception date

9/14/2022

Jurisdiction

Luxembourg

Distribution

Italy

Legal structure

Debt instrument

Base currency

EUR

Classification

Product type

Passive ETN

Benchmark

Euro BTP Future

Asset class

Fixed Income

Factors

N/A

Investment strategy

The ETN provides the daily performance, net of fees and costs, of a short position in BTP Future contracts. SG ETCs and ETNs are 105% collateralized on a daily basis with UCITS compliant collateral (liquid and listed equity shares and eventually UCITS funds).

Tax optimisation

PEA

France

UK Reporting Status

United Kingdom

Create a free Trackinsight Essentials account to unlock insights

Access exclusive metrics and features to support your investment decisions.

Built for professionals: access exclusive fund metrics and selection tools in Trackinsight Enterprise.

Enterprise Fund page features include:

Legal documents

Powerful buy-list integration

Fund data exports

Advanced risk metrics

Advanced replication analysis

Advanced exposure look-through

Upload your own internal metrics

Custom data feature

See all Trackinsight Enterprise features

Enterprise

Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.

Learn more about Trackinsight Enterprise

Risk profile

Historical risk/return profile

	3M	1Y	3Y	5Y
Returns	+0.72%	-3.60%	-5.53%	N/A
Volatility
Perf./Volatility
Max drawdown

Create a free account to view risk/return table

Synthetic Risk and Reward Indicator (SRRI)

UCITS

N/A

PRIIPS

N/A

Built for professionals: access exclusive risk metrics in Trackinsight Enterprise.

Enterprise

Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.

Learn more about Trackinsight Enterprise

Exposure

Built for professionals: access exclusive exposure metrics in Trackinsight Enterprise.

Enterprise

Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.

Learn more about Trackinsight Enterprise

Sustainability

Integrates ESG criteria

SDG

Built for professionals: access exclusive sustainability metrics in Trackinsight Enterprise.

Enterprise

Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.

Learn more about Trackinsight Enterprise

Issuer

SG Issuer

SG Issuer ID Card

Number of funds

Total AuM

€660M

Expense ratio range

0.25% - 1.2%

Average expense ratio

0.8224%

View all SG Issuer funds

Top 5 funds by SG Issuer

		AuM
MIB3L	SG ETN FTSE MIB +3x Daily Leveraged Collateralized	€163M
GOL3L	Sg Etc Daily Long +3x Gold Future	€104M
DAX3L	SG ETN DAX +3X Daily Leveraged Collateralized	€31M
SX5E3L	SG ETN Eustoxx 50 +3x Daily Leveraged Collateralized	€29M
BRE2L	Sg Etc Daily Short +2x Brent Oil Future	€26M

Frequently asked questions about BTPS1

What does SG ETN Daily Short -1x Btp Future, BTPS1, invest in?

BTPS1 is a Passive ETF. This ETN provides inverse exposure (-1x) to Italian Investment Grade Government Bonds.

Which benchmark or index does BTPS1 replicate?

BTPS1 tracks the Euro BTP Future, through a replication method.

What is the Total Expense ratio (TER) of BTPS1?

BTPS1 carries a total expense ratio (TER) of 0.95%, indicating the annual cost for holding the fund.

When was BTPS1 launched?

BTPS1 was introduced to the market on September 14, 2022. It trades on Italy

Who is the ETF issuer of BTPS1?

SG ETN Daily Short -1x Btp Future, BTPS1, is provided by SG Issuer. Learn more about SG Issuer here.

What is the current assets under management (AUM) of BTPS1?

BTPS1 oversees €14M in assets as of March 12, 2026.

How has BTPS1 performed lately?

Based on data from March 12, 2026, BTPS1 returned 2.59% over the past month, 0.72% over the last three months and 1.19% year-to-date.

What is the base currency of BTPS1?

The base currency of BTPS1 is EUR.

About Trackinsight

Since our founding in 2016, we have been at the forefront of the industry, delivering accessible, comprehensive, and reliable tools to support the evolving needs of investors.

Over the past decade, Trackinsight has expanded its operations across six countries, serving thousands of professional investors. We’ve consistently innovated to provide cutting-edge solutions that meet the changing demands of the ETF market.

In 2024, Kepler Cheuvreux, a leading independent European financial services firm, acquired a majority stake in Trackinsight, becoming the company's principal shareholder.

This strategic partnership solidifies Trackinsight's position as a premier provider of ETF selection and analysis tools, while strengthening Kepler Cheuvreux’s commitment to becoming a leading player in the ETF sector.

Together, we are committed to offering advanced services that empower professional investors, advisors, institutions, and issuers. This new step enables us to deliver even more comprehensive and innovative technological solutions, driving ETF investing to new heights.

More about Trackinsight

The Ultimate ETF Comparison Tool - Try Now!

BTPS1 ETN · SG ETN Daily Short -1x Btp Future

Performance & flows

Historic performance and flows

Monthly performance and flows

Trading and listing info

Key fund info

Enterprise

Risk profile

Historical risk/return profile

Enterprise

Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.

Exposure

Enterprise

Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.

Sustainability

Enterprise

Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.

Issuer

Frequently asked questions about BTPS1

What does SG ETN Daily Short -1x Btp Future, BTPS1, invest in?

BTPS1 is a Passive ETF. This ETN provides inverse exposure (-1x) to Italian Investment Grade Government Bonds.

Which benchmark or index does BTPS1 replicate?

BTPS1 tracks the Euro BTP Future, through a replication method.

What is the Total Expense ratio (TER) of BTPS1?

BTPS1 carries a total expense ratio (TER) of 0.95%, indicating the annual cost for holding the fund.

When was BTPS1 launched?

BTPS1 was introduced to the market on September 14, 2022. It trades on Italy

Who is the ETF issuer of BTPS1?

SG ETN Daily Short -1x Btp Future, BTPS1, is provided by SG Issuer. Learn more about SG Issuer here.

What is the current assets under management (AUM) of BTPS1?

BTPS1 oversees €14M in assets as of March 12, 2026.

How has BTPS1 performed lately?

Based on data from March 12, 2026, BTPS1 returned 2.59% over the past month, 0.72% over the last three months and 1.19% year-to-date.

What is the base currency of BTPS1?

The base currency of BTPS1 is EUR.

About Trackinsight

ETF TOOLS

PLATFORM

ETF NEWS & RESEARCH

PROFESSIONAL SOLUTIONS

SOLUTIONS FOR

CONTACT US