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

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Key stats


Assets under management (AUM)
‪4.48 M‬CAD
Fund flows (1Y)
‪−2.35 M‬CAD
Dividend yield (indicated)
Discount/Premium to NAV
−0.2%
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
Distributes
Capital Gains
Tax on distributions
Qualified dividends
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%
Cash68.67%
Miscellaneous31.33%
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.