BIS

📎 Investment Objective

The BIS ETF seeks to provide daily investment results that correspond to twice the inverse (-2x) of the daily performance of the NASDAQ Biotechnology Index.

✨ Key Features

• Provides -2x daily leveraged exposure to the NASDAQ Biotechnology Index
• Utilizes swaps and other derivatives to achieve its investment objective
• Designed for short-term, speculative trading rather than long-term investment
• Has low assets under management and an expense ratio of 0.00%

⚠️ Primary Risks

• Significant daily rebalancing risk due to the leveraged nature of the fund
• Potential for large and unexpected losses if the underlying index moves against the fund's position
• Lack of long-term performance history makes it difficult to evaluate
• Low trading volume and assets under management could impact liquidity

👤 Best For

This ETF is intended for experienced, risk-tolerant investors who seek short-term, speculative exposure to the inverse performance of the biotechnology sector. It is not suitable for long-term buy-and-hold investors or those with a low risk tolerance.