This exchange-traded fund (ETF) seeks to mirror the investment outcomes of the Russell 1000 Hyper Growth Index, before considering any fees or operational costs. Typically, it commits at least 80% of its total assets (including funds acquired through borrowing for investment purposes) to the securities that constitute this benchmark. The index is specifically constructed to pinpoint fast-growing U.S. companies by evaluating individual stocks using metrics such as quality, market momentum, intrinsic value, and price volatility, categorizing them as either value or growth investments. This particular fund is considered non-diversified.