This calculator seeks to assist investors with understanding the amount of exposure that a leveraged or inversely leveraged ETF has between the open and close of a trading day.
Note: This tool is to be used only for evaluating leveraged and inverse ETFs.
ETF Intraday Exposure Calculator
1. Select an index
S&P 500® Index
S&P Midcap 400™ Index
Russell 2000® Index
S&P 500® Index
Previous Day's Index Close
899.22
2. Enter the estimated intraday index value
The % Index Change reflects the percent change from the current index value against the previous day's index close.
% Index Change
3. Interpreting the results
This table shows the effects of the index movement on a leveraged or inversely leveraged ETF.
Leverage:
Long (2x)
Inverse (-2x)
Index
Up
Exposure
Decreases
Exposure
Increases
Index
down
Exposure
Increases
Exposure
Decreases
Objective
Intraday Exposure
2x Index
-2x Index
When the estimated intraday index value is lower than the previous index close, then a leveraged ETF (2x) exposure will increase while an inversely leveraged ETF (-2x) will decrease. Conversely, when the estimated intraday index value is higher than the previous index close, then a leveraged ETF (2x) exposure will decrease while an inversely leveraged ETF (-2x) will increase.
Rydex Investments 9601 Blackwell Road Suite 500 Rockville, MD 20850
800.820.0888 Send us your comments
For more complete information regarding Rydex funds, call 800.820.0888 or click here for a prospectus. Investors should consider the investment objectives, risks, charges and expenses of a fund carefully before investing. The fund's prospectus contains this and other information about the fund. Read the prospectus carefully before you invest or send money.
Print this page
Email this page
9601 Blackwell Road Suite 500 
