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ISIN: XS2595671657

-5x Short TIPS Inflation Protected US Bond

NAV as of 30 Oct 2026, 12:00 AM UTC

$15.52 (-1.15%)

Year-To-Date Change

-0.67%

  • Exchange closed LSE
  • Exchange closed Xetra

Capital at risk. NAV calculated by Leverage Shares. For more information on the calculation please click here

More Leverage Factors:

5x

Overview

What is the -5x Short TIPS Inflation Protected US Bond ETP?

The Leverage Shares -5x Short TIPS Inflation Protected US Bond ETP (ISIN XS2595671657) is an exchange traded product (ETP) that seeks to deliver minus five times (-5x) the daily performance of iShares TIPS Bond ETF. It achieves leverage through margin borrowing, so it does not use swaps or other derivatives to achieve its exposure. Exposure is rebalanced daily, and an intraday rebalance mechanism ("airbag") is designed to cushion the largest intra-day moves, triggering at 10%. You cannot lose more than the amount you invest. The Leverage Shares -5x Short TIPS Inflation Protected US Bond ETP has an annual management fee of 0.75% and is listed on the following exchanges: London Stock Exchange, Deutsche Börse Xetra. It is designed for short term trading and should be monitored daily.

ETP objective

To seek daily investment results, before fees and expenses, that correspond to -500% (-5x) the daily performance of the underlying stock (TIP).

Who is this product for?

Sophisticated investors and active traders seeking to express short-term bearish views or tactically hedge positions, via inverse exposure and without a margin account.

*However, these are complex products.

Value of Underlying Assets

$-787,052

or -7,377 shares of TIP

AUM

$157,413

or 10,145 shares of TI5S

Liabilities

$944,465

Listings & Tickers

Exchange Base Currency Trading Currency Exchange Code ISIN SEDOL BBG Ticker WKN Listing Date
London Stock Exchange USD USD TI5S XS2595671657 BQ0L0J3 TI5S LN N/A 17 May 2023
London Stock Exchange USD GBP 5STI XS2595671657 BQ0L190 5STI LN N/A 17 May 2023
Deutsche Börse Xetra USD EUR 5STI XS2595671657 BPXZY71 5STI GY A3G4XL 30 Jun 2023

Key Facts

Net Asset Value

NAV (as of 30 Oct 2026)
$15.52
Daily Return (% NAV change)
-1.15%
Daily Change (of NAV)
$-0.18

Structure

Structure
ETP
Domicile
Ireland
Replication Method
Physical
Dividends
Reinvested
Underlying Asset
TIP
Target Weights
Rebalance Frequency

Fees

Annual Management Fee
0.75%
Interest Paid On Cash Balances
Fed Funds Effective
(Overnight Rate) - 1%
Performance Fee
Stock Borrow Rate
1.41%

Tax & Legal

ISA
Eligible
SIPP
Eligible
UK Fund Reporting Status
Yes (effective 15/05/2023)
US IRS Sec 871(m)
Not applicable

Passported Countries:

United Kingdom United Kingdom
Italy Italy
Germany Germany
France France
Spain Spain
Netherlands Netherlands
Ireland Ireland
Poland Poland
Belgium Belgium
Sweden Sweden
Norway Norway
Austria Austria

* The information on this website regarding UK Fund Reporting Status is accurate as of the stated effective date (the "Effective Date"). Leverage Shares makes no representation or warranty that such information will remain accurate, complete or current thereafter, assumes no obligation to update it, and, to the fullest extent permitted by applicable law, accepts no responsibility or liability for any inaccuracies or omissions arising after the Effective Date.

Key Services Providers

Issuer
Leverage Shares plc
Arranger
Leverage Shares Management Company Limited
Trustee
Apex Corporate Trustees (UK) Limited
Issuing and Paying Agent
U.S. Bank Europe DAC
Registrar
U.S. Bank Europe DAC
Portfolio Administrators
Flexinvest Limited
Stock Borrowing Provider and Custodian
Interactive Brokers LLC, Morgan Stanley & Co. LLC and/or Pershing LLC
Determination Agent
Calculation Agent Services LLC
Initial Authorised Participant
BNP Paribas Arbitrage S.N.C.,Virtu Financial Ireland Limited, Flow Traders and others
Sponsor
Final Terms CBI Final Terms FCA
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Reportable Income UK Fund Reporting EMT Supplemental Trust Deeds
Supplement (CBI) 07 July 2026 Supplement (FCA) 07 July 2026 Prospectus (CBI) 11 June 2026 Prospectus (FCA) 09 June 2026 Prospectus (CBI) 13 March 2026 Prospectus (FCA) 13 March 2026 Prospectus (CBI) 23 June 2025 Prospectus (FCA) 23 June 2025 Prospectus (CBI) 17 July 2024 Prospectus (FCA) 17 July 2024 Prospectus (CBI) 15 March 2024 Prospectus (FCA) 15 March 2024 Prospectus (CBI) 18 October 2023 Prospectus (FCA) 18 October 2023 Prospectus (CBI) 04 May 2023 Prospectus (FCA) 04 May 2023 Supplement 01 June 2022 Prospectus 16 May 2022 Prospectus 07 December 2021 Supplement 08 October 2021 Supplement 17 September 2021 Supplement 06 May 2021 Supplement 04 March 2021 Prospectus 18 December 2020 Prospectus 06 November 2020 Prospectus 05 February 2020
Financial Year Ended 30.06.2026 Half Financial Year Ended 31.12.2025 Financial Year Ended 30.06.2025 Half Financial Year Ended 31.12.2024 Financial Year Ended 30.06.2024 Half Financial Year Ended 31.12.2023 Financial Year Ended 30.06.2023 Half Financial Year Ended 31.12.2022 Financial Year Ended 30.06.2022 Half Financial Year Ended 31.12.2021 Financial Year Ended 30.06.2021 Half financial year ended 31.12.2020 Financial Year Ended 30.06.2020 Half Financial Year Ended 31.12.2019 For the Year Ended 30.06.2019 From 01.07.18 to 31.12.18 31.12.2018 From 27.01.17 to 30.06.18 30.06.2018
Notices
Latest Notice
30.10.2026 Replacement of Broker Dealer 30.10.2026 Termination of AP Agreement 29.10.2026 Notices of Investment Strategy Modifications 18.09.2026 Batch Notification 11.09.2026 Notice Appointment of Authorised Participants 26.08.2026 Notification of New Series 21.07.2026 Batch Notification 19.06.2026 Notice to ETP Securityholders 03.06.2026 Notices of Investment Strategy Modifications 21.05.2026 Batch Notification 30.04.2026 Notification of New Series 24.03.2026 Notification of New Series 23.03.2026 Batch Notification 11.03.2026 Notices of Investment Strategy Modifications 31.10.2025 Notice of Publication of Audited Financial Statements 06.08.2025 Updated to IB Margin Account Agreement 08.05.2025 Notice Appointment of Additional Authorised Participant 16.01.2025 Notice to ETP Securityholders 02.10.2024 Notice of Amended & Restated Margin Account Agreement 29.07.2024 Notice of Appointment of Pershing as Additional Margin Load Provider 17.07.2024 Notice of Deed of Amendment and Restatement 02.11.2023 Notice of Late Filing of Audited Financial Report 19.10.2023 Notice to ETP Securityholders 20.09.2023 Notice of Migration to IB LLC 04.05.2023 Notice of Amended and Restated Conditions

Frequently Asked Questions about the -5x Short TIPS Inflation Protected US Bond ETP

The Leverage Shares -5x Short TIPS Inflation Protected US Bond ETP (ISIN XS2595671657) is an exchange traded product (ETP) that seeks to deliver minus five times (-5x) the daily performance of iShares TIPS Bond ETF. It is listed on the following exchanges: London Stock Exchange, Deutsche Börse Xetra.
The Leverage Shares -5x Short TIPS Inflation Protected US Bond ETP has an annual management fee of 0.75%.
The Leverage Shares -5x Short TIPS Inflation Protected US Bond ETP achieves its short exposure to iShares TIPS Bond ETF through short selling. It borrows securities and sells them at the current market price, and the proceeds of the sale are held in its margin account. Over a single day, its value is expected to rise when the underlying falls and to fall when the underlying rises, excluding fees and costs.
The Leverage Shares -5x Short TIPS Inflation Protected US Bond is an exchange traded product, not an ETF. ETPs are structured as debt securities and lie outside the remit of UCITS. While not UCITS compliant, they may be UCITS eligible, meaning they are capable of being an eligible investment for another UCITS fund. It trades on exchange in the same way as a share.
The Leverage Shares -5x Short TIPS Inflation Protected US Bond ETP is designed for short term trading. It rebalances daily to maintain its -5x exposure to iShares TIPS Bond ETF. Held for longer than one day, returns may differ from -5x the return of the underlying over that period, because of daily rebalancing and compounding.
Volatility decay is the effect of daily rebalancing and compounding on a leveraged product. When iShares TIPS Bond ETF moves up and down repeatedly, compounding erodes value, and the effect is stronger the higher the leverage and the longer the holding period. This means the Leverage Shares -5x Short TIPS Inflation Protected US Bond ETP can lose value over time even if the underlying ends up flat.
An investor in the Leverage Shares -5x Short TIPS Inflation Protected US Bond ETP cannot lose more than the amount they invest. You could lose the full value of your investment if iShares TIPS Bond ETF moves against the ETP by more than one-fifth (roughly 20%) in a single day. An intraday rebalance mechanism ("airbag") is designed to cushion the largest intra-day moves, triggering at 10%.
Yes. Alongside the Leverage Shares -5x Short TIPS Inflation Protected US Bond ETP, the Leverage Shares 5x Long TIPS Inflation Protected US Bond ETP (ISIN XS2595670501) provides 5x exposure to iShares TIPS Bond ETF.
The Leverage Shares -5x Short TIPS Inflation Protected US Bond ETP does not pay dividends.
The Leverage Shares -5x Short TIPS Inflation Protected US Bond ETP is designed for short term trading, not long-term investing. Investing in Short and Leveraged ETPs is only suitable for sophisticated traders who understand leverage, daily rebalancing and compounded daily returns. Only use these ETPs if you can monitor your positions daily.
The Leverage Shares -5x Short TIPS Inflation Protected US Bond ETP is 100% backed with the underlying using a margin loan for long ETPs and with cash for short ETPs. Leverage Shares does not use derivatives, like swaps, to offer leveraged exposures.
Experienced investors may use the Leverage Shares -5x Short TIPS Inflation Protected US Bond ETP for a variety of strategies. Some examples include responding to technical indicators, acting on earnings or news announcements, and hedging existing exposures in a portfolio. The recommended holding period is one day.
The Leverage Shares -5x Short TIPS Inflation Protected US Bond ETP can be traded through brokerage accounts that have access to the exchanges where it is listed. It trades on the following exchanges, each with the ticker(s) to search on that exchange:
  • London Stock Exchange: TI5S (USD), 5STI (GBP)
  • Deutsche Börse Xetra: 5STI (EUR)
Investors do not need a margin account in order to trade Leverage Shares ETPs.

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