ETF Quote Details
|NAV (month end)||84.97|
|Premium (+)/Discount (-) (month end)||-0.49|
Zacks proprietary quantitative models divide each set of ETFs following a similar investment strategy (style box/industry/asset class) into three risk categories- High, Medium, and Low. The aim of our models is to select the best ETFs within each risk category, so that investors can pick an ETF that matches their particular risk preference in order to better achieve their investment goals.
This is our ETF rating system that serves as a timeliness indicator for ETFs over the next 6 months:
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ETF Expense Ratio
|Dividend (Yield)||$0.00 (0.00%)|
The Index measures the performance of mid-cap segment of US equity universe. It is a capitalization-weighted index composed of 400 domestic common stocks selected on the basis of market values & industry diversification. It represents nearly 7% of the US equities market. Component securities have capitalizations ranging from $1 billion to $4.4 billion as of March 12, 2012.
The Daily Mid Cap Bull 3x ETF seeks daily investment results, before fees and expenses, of 300% of the price performance of the S&P Mid Cap 400 Index.