This index provides the inverse of the price returns (positive or negative) of the S&P 500 by taking a short position in the index. The S&P Carry-Free Inverse Indices are designed to generate an inverse of the underlying index return, without taking into account the proceedings from lending capital to generate the short index exposure.
Top 10 Constituents by Index WeightExport
*Based on GICS sectors
The weightings for each sector of the index are rounded to the nearest tenth of a percent, therefore, the aggregate weights for the index may not equal to 100%.
*Based on GICS Sectors