Description: The investment seeks daily investment results, before fees and expenses, of 300% of the daily performance of the Industrials Select Sector Index. The fund, under normal circumstances, invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments that provide daily leveraged exposure to the index and/or exchange-traded funds ("ETFs") that track the index. The index is provided by S&P Dow Jones Indices and includes domestic companies from the industrials sector which includes the following industries: aerospace and defense: industry conglomerates; and machinery. The fund is non-diversified.
Exchange: NYSE ARCA
Country: US
Currency: US Dollar ($)
Category: Trading--Leveraged Equity
Asset Allocation | |||
---|---|---|---|
Asset Class | Long % | Short % | Net Assets |
Stock US | 68.88 | 0.00 | 68.88 |
Cash | 22.01 | 0.00 | 22.01 |
Other | 12.99 | 0.00 | 12.99 |
Stock non-US | 0.00 | 3.89 | -3.89 |
Sector Weights | ||
---|---|---|
Sector | Equity % | Relative to Category |
Industrials | 96.32 | 5.60 |
Technology | 1.33 | 37.26 |
Consumer Cyclicals | 1.25 | 8.49 |
Real Estate | 1.10 | 2.24 |
World Regions | ||
---|---|---|
Region | Equity % | Relative to Category |
North America | 100.00 | 94.18 |
Japan | 0.00 | 0.01 |
Australasia | 0.00 | 0.19 |
Asia Emerging | 0.00 | 2.04 |
Latin America | 0.00 | 0.34 |
Asia Developed | 0.00 | 1.00 |
United Kingdom | 0.00 | 0.35 |
Europe Emerging | 0.00 | 0.03 |
Europe Developed | 0.00 | 1.76 |
Africa/Middle East | 0.00 | 0.11 |