Key stats
About BETAPRO S&P 500 2X DLY BL ETF NEW SHS ETF
Expense ratio
2.80%
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Inception date
Jun 17, 2008
The fund offers a bullish bet on the large-cap segment of the US equity market. The fund aims to provide 2x levered exposure to the S&P 500, an index of committee-selected US large-cap companies which covers approximately 80% of the US investable universe. The index constituents are market-cap-weighted and rebalanced on a quarterly basis. As a leveraged product with 2x factor that resets daily, the fund is not a buy-and-hold investment, and should not be expected to provide index leverage return greater than a one day period.
Classification
What's in the fund
Exposure type
Cash
Miscellaneous
Bonds, Cash & Other100.00%
Cash59.50%
Miscellaneous40.50%