This fund aims to provide daily returns, before any charges or costs, that are three times the inverse of the daily performance exhibited by the S&P Communication Services Select Sector Index. To achieve this, it primarily invests in financial tools like derivatives and money market instruments. The fund will concentrate its holdings within specific industries or groups of industries to roughly the same degree that the underlying index is concentrated. This index specifically tracks the communication services industry group that forms part of the broader S&P 500 Index. It is also classified as a non-diversified fund.

SCOM Holdings & Sector Breakdown