BETAPRO EQL WGT CDN BKS 2X DAI BULL ETF SHSBETAPRO EQL WGT CDN BKS 2X DAI BULL ETF SHSBETAPRO EQL WGT CDN BKS 2X DAI BULL ETF SHS

BETAPRO EQL WGT CDN BKS 2X DAI BULL ETF SHS

No trades
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Key stats


Assets under management (AUM)
‪4.58 M‬CAD
Fund flows (1Y)
‪−2.35 M‬CAD
Dividend yield (indicated)
Discount/Premium to NAV
−0.3%
Shares outstanding
‪151.00 K‬
Expense ratio
2.91%

About BETAPRO EQL WGT CDN BKS 2X DAI BULL ETF SHS


Issuer
Mirae Asset Global Investments Co., Ltd.
Brand
BetaPro
Home page
Inception date
Sep 13, 2022
Structure
Canadian Mutual Fund Corporation (ON)
Index tracked
Solactive Equal Weight Canada Banks Index - CAD
Management style
Passive
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Primary advisor
Global X Investments Canada, Inc.
The fund provides a way for traders to speculate aggressively on positive 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 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.

Classification


Asset Class
Equity
Category
Sector
Focus
Financials
Niche
Banks
Strategy
Equal
Geography
Canada
Weighting scheme
Equal
Selection criteria
Market cap
What's in the fund
Exposure type
Bonds, Cash & Other
Cash
Miscellaneous
Bonds, Cash & Other100.00%
Cash66.75%
Miscellaneous33.25%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Broaden your horizons with more funds linked to ATMU via country, focus, and more.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
ATMU trades at 30.52 CAD today, its price has fallen −0.33% in the past 24 hours. Track more dynamics on ATMU price chart.
ATMU net asset value is 30.15 today — it's risen 21.94% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
ATMU assets under management is ‪4.58 M‬ CAD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
ATMU price has risen by 22.60% over the last month, and its yearly performance shows a 42.35% increase. See more dynamics on ATMU price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 21.94% over the last month, showed a 5.64% increase in three-month performance and has increased by 40.57% in a year.
ATMU fund flows account for ‪−2.35 M‬ CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
ATMU invests in cash. See more details in our Analysis section.
ATMU expense ratio is 2.91%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
Yes, ATMU is a leveraged ETF, meaning it uses borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, ATMU technical analysis shows the buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating ATMU shows the strong buy signal. See more of ATMU technicals for a more comprehensive analysis.
No, ATMU doesn't pay dividends to its holders.
ATMU trades at a premium (0.27%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
ATMU shares are issued by Mirae Asset Global Investments Co., Ltd.
ATMU follows the Solactive Equal Weight Canada Banks Index - CAD. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Sep 13, 2022.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.