The investment seeks daily investment results, before fees and expenses, of 200% of the inverse (or opposite) of the daily performance of the Indxx USA Cloud Computing Index.
The fund, under normal circumstances, invests in swap agreements, futures contracts, short positions or other financial instruments that, in combination, provide inverse (opposite) or short leveraged exposure to the index equal to at least 80% of the fund's net assets (plus borrowing for investment purposes). The index is provided by Indxx, LLC and includes domestic companies that deliver cloud computing infrastructure, platforms, or services. The fund is non-diversified.
No quarterly fundamentals indexed for this ticker.