The Fund is an actively managed exchange traded fund that attempts to replicate 2times (200%) the daily percentage change of the Underlying Stock by entering into a swap agreement on the Underlying Stock. The Fund aims to generate 2 times the daily performance of the Underlying Stock for a single day. A “single day” is defined as being calculated “from the close of regular trading on one trading day to the close on the next trading day.”
This ETF provides synthetic exposure. It does not hold the securities of the index directly so we cannot display its exposure breakdown.