Educational tool only – Figures are based on historical data, holdings and expense metrics for informational purposes. This is not financial advice or a recommendation to buy or sell any security. Always conduct your own research or consult a qualified financial adviser.
The fund invests at least 80% of its net assets in financial instruments that, in combination, provide 3X daily inverse or short exposure to the index or to ETFs that track the index, consistent with the fund"s investment objective. High Beta securities are defined by the index provider as the 100 securities from the S&P 500 ® Index that have exhibited the highest sensitivity to market movements, or "beta," over the past 12 months based on the securities" daily price changes.
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