Description: The investment seeks daily investment results, before fees and expenses, of 300% of the daily performance of the S&P 500® High Beta Index. The fund, under normal circumstances, invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments that track the index and other financial instruments that provide daily leveraged exposure to the index or to ETFs that track the index. The index provider selects 100 securities to include in the index from the S&P 500® Index that have the highest sensitivity to market movements, or beta over the past 12 months as determined by the index provider. It 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 | 69.37 | 0.00 | 69.37 |
| Cash | 38.36 | 0.00 | 38.36 |
| Stock non-US | 0.68 | 8.41 | -7.73 |
| Sector Weights | ||
|---|---|---|
| Sector | Equity % | Relative to Category |
| Technology | 39.96 | 37.26 |
| Consumer Cyclicals | 25.25 | 8.49 |
| Financial Services | 11.68 | 14.22 |
| Communication Services | 7.33 | 6.11 |
| Industrials | 6.18 | 5.60 |
| Healthcare | 6.06 | 12.09 |
| Basic Materials | 1.69 | 2.73 |
| Consumer Defensive | 1.07 | 3.78 |
| Real Estate | 0.76 | 2.24 |
| World Regions | ||
|---|---|---|
| Region | Equity % | Relative to Category |
| North America | 99.04 | 94.18 |
| Europe Developed | 0.97 | 1.76 |
| 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 |
| Africa/Middle East | 0.00 | 0.11 |