The Mid-Cap Bear 3X Shares seeks daily investment results of 300% of the inverse (opposite) of the price performance of the Russell Mid-cap Index. This index measures the performance of the mid-cap segment of the U.S. equity universe and is a subset of the Russell 1000 Index. It includes approximately 800 of the smallest securities based on a combination of market capitalization and current index membership. The Russell Mid-cap Index represents approximately 31% of the total market capitalization of the Russell 1000 companies and has an average market capitalization of $5.5 billion dollars and a median market capitalization of $3.8 billion dollars as of April 30, 2008.
Investment type: ETF (Exchange-Traded Fund); listed on the U.S. NYSE exchange
Ticker symbol: MWN
Information on this website should not be considered to be investment advice. Any ETF can go DOWN as well as up.
Information on this website should not be assumed to be complete or correct. Funds can also change their investment goals. That's why, wherever possible, we provide links to the actual fund sponsor and the exchange on which the fund trades.
Created by Specifica, Inc.: Original content and unique compilation of information are copyright 2007-2011.