XACT Bear 2 ETF

XACT Bear 2 is a leveraged exchange-traded fund that aims to achieve twice the opposite daily performance of the OMXS30 Index, which includes the 30 most-traded stocks on the Nasdaq OMX Stockholm Exchange. To do this, the fund’s portfolio is mainly composed of liquid assets and futures contracts on the OMXS30, maintaining a -200% exposure through daily adjustments. This structure allows XACT Bear 2 to amplify the inverse daily changes of the underlying index, providing significant movement in the opposite direction of the market each day.