This fund primarily allocates its capital, which may include borrowed funds, to Exchange-Traded Funds (ETFs) that track or invest in small-capitalization U.S. companies. It may also utilize derivatives such as equity swaps, futures contracts, or options based on these small-cap U.S. firms or their respective indices. Furthermore, to support its derivative strategies aimed at capturing the "night effect" in small-cap U.S. equities, the fund will purchase U.S. Treasury securities and hold necessary collateral.

Healthcare

Industrials

Technology

Financial Services

Consumer Cyclical

Real Estate

Energy

Consumer Defensive

Basic Materials

Utilities

NightShares 2000 ETF

NIWM Holdings & Sector Breakdown

NIWM Holdings & Sector Breakdown