This actively managed exchange-traded fund (ETF) endeavors to achieve, on a daily basis and before accounting for fees and expenses, a performance that is two times the inverse of Nike's stock (NKE). Under typical market conditions, the fund's advisor will allocate at least 80% of its assets to financial instruments structured to provide this inverse, two-fold leveraged exposure to NKE's daily movements. This target applies solely to single-day returns and is not intended for any extended duration. The fund primarily attains its objective by engaging in one or more swap agreements tied to NKE. It is important to note that this fund maintains a non-diversified portfolio.

NKEQ Holdings & Sector Breakdown