ABOUT THIS FUND
UPW provides 2x leveraged exposure to the S&P Utilities Select Sector Index, a market cap-weighted index of US utilities companies drawn exclusively from the S&P 500. The index includes the following GICS industries: electric, gas, water, and multi-utilities, independent power, and renewable electricity producers. UPW is designed as a short-term trading vehicle, not a long-term investment. It holds swap agreements and resets on a daily basis. As a result, compounding and path dependency make long-term returns difficult to predict when compared with the performance of its underlying index. Prior to March 20, 2023, the fund tracked the Dow Jones US Utilities Index.
PRICE
$19.61 ▲ UP 1.63% (+$0.32)HOLDINGS
TOP 20 OF 31 · 54.98% OF THE FUNDRANK STOCK WEIGHT SHARES VALUE
