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
1266.69
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.
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9601 Blackwell Road Suite 500 
