- What are the top holdings of BERZ?
- MicroSectors Solactive FANG & Innovation -3X Inverse Leveraged ETN holds 15 securities in total. The largest positions and their portfolio weights are listed on the Holdings tab.
- How many holdings does BERZ have?
- BERZ holds 15 positions as reported by the fund's most recent disclosure.
- What sectors does BERZ invest in?
- MicroSectors Solactive FANG & Innovation -3X Inverse Leveraged ETN (BERZ) allocates across the sectors shown above. The largest exposure tops the list; the rest follow in descending weight order.
- What sector is BERZ most exposed to?
- BERZ's full sector breakdown is on the Sectors tab. The largest sector weight is shown there along with the rest of the allocation.
- Is BERZ a US-only fund?
- The country allocation card on this page shows BERZ's geographic exposure. Funds with > 95% US weight are effectively US-only; international or global funds will show meaningful weights across multiple countries.
- What does BERZ invest in?
- BERZ provides 300% daily inverse exposure to an index of FANG and technology companies that meet certain requirements. The fund will consistently comprise eight core components (Alphabet, Amazon, Apple, Facebook, Microsoft, Netflix, NVIDIA, and Tesla) and include seven companies determined through a selection methodology. Eligible securities must be listed on a US exchange, classified in the technology sector, and have a market cap of at least 10 billion USD. Selection will begin with ranking the securities by market cap. The 30 largest companies are selected and then sorted by 12-month average daily value traded. The top seven stocks will complete the index along with the eight core components and are then equally weighted. The index is rebalanced monthly and reconstituted quarterly. As a leveraged inverse product with -3x factor that resets daily, BERZ is not a buy-and-hold investment and should not be expected to provide index leverage return greater than a one day period.
