NYSE ARCA | ETF
The fund invests at least 80% of its net assets in financial instruments, such as swap agreements, securities of the index, and ETFs that track the index, that, in combination, provide 3X daily leveraged exposure to the index, consistent with the fund's investment objective.
The index is a modified equal-weighted index that is designed to measure performance of the stocks comprising the S&P Total Market Index that are classified in the GICS regional banks sub-industry.
The fund is non-diversified.
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| WAL | Western Alliance Bancorporation | Financial Services | Banks - Regional | 1.92% |
| COLB | Columbia Banking System Inc | Financial Services | Banks - Regional | 1.88% |
| VLY | Valley National Bancorp | Financial Services | Banks - Regional | 1.81% |
| CFG | Citizens Financial Group, Inc. | Financial Services | Banks - Regional | 1.75% |
| TFC | Truist Financial Corp | Financial Services | Banks - Regional | 1.75% |
| RF | Regions Financial Corporation | Financial Services | Banks - Regional | 1.73% |
| SNV | Synovus Financial Corp | Financial Services | Banks - Regional | 1.72% |
| MTB | M&T Bank Corporation | Financial Services | Banks - Regional | 1.69% |
| HBAN | Huntington Bancshares Incorporated | Financial Services | Banks - Regional | 1.67% |
| ZION | Zions Bancorporation | Financial Services | Banks - Regional | 1.67% |
| EWBC | East West Bancorp Inc | Financial Services | Banks - Regional | 1.67% |
| WBS | Webster Financial Corporation | Financial Services | Banks - Regional | 1.65% |
| SSB | SouthState Corporation | Financial Services | Banks - Regional | 1.63% |
| NYCB | New York Community Bancorp Inc | Financial Services | Banks - Regional | 1.61% |
| FHN | First Horizon National Corporation | Financial Services | Banks - Regional | 1.60% |
| OZK | Bank Ozk | Financial Services | Banks - Regional | 1.58% |
| CFR | Cullen/Frost Bankers Inc | Financial Services | Banks - Regional | 1.57% |
| PNFP | Pinnacle Financial Partners Inc | Financial Services | Banks - Regional | 1.41% |
| PB | Prosperity Bancshares Inc | Financial Services | Banks - Regional | 1.35% |
| WTFC | Wintrust Financial Corporation | Financial Services | Banks - Regional | 1.31% |