MicroSectors Solactive FANG & Innovation 3X Leveraged ETN (BULZ) es una empresa que cotiza en bolsa en el Servicios Financieros sector, operando dentro de la Asset Management - Leveraged industria.
BULZ tiene fecha de IPO 2021-08-18, cotiza en el NYSE, una capitalización de mercado de $2.46B.
BULZ aims to provide 3x the daily 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 and selecting the 30 largest companies which will then be 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 product with 3x factor that resets daily, BULZ is not a buy-and-hold investment and should not be expected to provide index leverage return greater than a one day period.
