Typically, the fund commits at least 80% of its overall assets, not including any collateral from securities lending, to investments in the component stocks of its benchmark index. Its underlying index employs an objective, rules-based methodology to construct an equally-weighted portfolio. This portfolio comprises approximately 100 U.S.-listed companies, specifically large and mid-capitalization stocks. The primary selection criterion for these constituents is their projected systematic risk, often called 'beta,' which must be among the highest relative to the overall market. Furthermore, this fund holds a non-diversified status.