The S&P 500 150/50 Inverse-Quality 0.30% Decrement Index is designed to measure the performance of a hypothetical portfolio that takes a leveraged long position in the S&P 500 Quality – Lowest Quintile Index and a short position in the S&P 500 Quality Index, less a fixed decrement rate of 0.30%, which is applied to the leveraged portion of the long component as well as the entire short component.
