NYSE ARCA | ETF
The investment seeks daily investment results, before fees and expenses, of 300% of the daily performance of the ISE-Revere Natural Gas IndexTM.
The fund, under normal circumstances, invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments, such as swap agreements, and securities of the index, exchange-traded funds (ETFs) that track the index and other financial instruments that provide daily leveraged exposure to the index or ETFs that track the index.
The index is designed to take advantage of both event-driven news and long term trends in the natural gas industry.
The fund is non-diversified.
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| CXO | Concho Resources Inc | Energy | Oil & Gas E&P | 1.61% |
| NBL | Noble Energy Inc | Energy | Oil & Gas E&P | 1.60% |
| DVN | Devon Energy Corporation | Energy | Oil & Gas E&P | 1.59% |
| EQT | EQT Corporation | Energy | Oil & Gas E&P | 1.57% |
| MUR | Murphy Oil Corporation | Energy | Oil & Gas E&P | 1.55% |
| XEC | Cimarex Energy Co | Energy | Oil & Gas E&P | 1.53% |
| CLR | Continental Resources Inc | Energy | Oil & Gas E&P | 1.49% |
| CTRA | Coterra Energy Inc | Energy | Oil & Gas E&P | 1.46% |
| COP | ConocoPhillips | Energy | Oil & Gas E&P | 1.45% |
| MTDR | Matador Resources Company | Energy | Oil & Gas E&P | 1.40% |
| RRC | Range Resources Corp | Energy | Oil & Gas E&P | 1.26% |
| SWN | Southwestern Energy Company | Energy | Oil & Gas E&P | 1.26% |
| VET | Vermilion Energy Inc. | Energy | Oil & Gas E&P | 1.12% |
| CNX | CNX Resources Corp | Energy | Oil & Gas E&P | 1.11% |
| WES | Western Midstream Partners LP | Energy | Oil & Gas Midstream | 1.11% |
| PDCE | PDC Energy Inc | Energy | Oil & Gas E&P | 1.09% |
| SM | SM Energy Co | Energy | Oil & Gas E&P | 1.07% |
| EQM | EQM Midstream Partners LP | Energy | Oil & Gas Midstream | 1.05% |
| AR | Antero Resources Corp | Energy | Oil & Gas E&P | 0.89% |
| QEP | QEP Resources Inc | Energy | Oil & Gas E&P | 0.82% |