Description

Under typical circumstances, this ETF dedicates at least 80% of its total capital (excluding assets held as collateral from securities lending) to investments in the individual holdings that make up its benchmark index. The purpose of this underlying index is to analyze U.S. stock market conditions, determining if they signify an "advancing market" (a "Bull" signal) or if there is an "elevated risk of market decline" (a "Bear" signal). It operates as a non-diversified investment vehicle.