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| YTD Return: |
-13.06% |
| 3y Avg Return: |
N/A |
| 5y Avg Return: |
N/A |
| Beta (3y): |
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| The investment seeks to replicate, net of expenses, 200% of the daily performance of the Financial Select Sector Index.
The fund employs as its investment strategy a program of investing in equity securities contained in the underlying index, and leveraged derivative instruments, such as equity index swaps, futures contracts, and options on securities, futures contracts, and stock indices. It holds U.S. Government securities or cash equivalents to collateralize its derivative positions. The fund is nondiversified. |
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| Fund Profile |
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