The fund provides a way for traders to speculate aggressively on negative sentiment towards Canadas six largest banks: National Bank of Canada, Royal Bank of Canada, Bank of Montreal, Toronto Dominion Bank, Bank of Nova Scotia, and Canadian Imperial Bank of Commerce. The underlying index provides concentrated, equally-weighted leveraged inverse exposure that resets daily. Traders holding shares of the ETF for longer than a day should not anticipate the same performance return as the index. The product is designed for short-term traders.