Description

This ETF seeks to mirror the daily performance of the S&P 500 Inverse Daily Index Gross Total Return. This benchmark provides inverse exposure to the 500 most substantial corporations listed in the United States, covering roughly 80% of the free-float market capitalization. Its components are weighted by their free-float adjusted market capitalization and re-evaluated every quarter. Comprehensive information on the index's selection and weighting methodology can be found on the S&P Dow Jones Indices website.