BETAPRO CDN GLD MN2X DLY BL ETF NEW SHS ETFBETAPRO CDN GLD MN2X DLY BL ETF NEW SHS ETFBETAPRO CDN GLD MN2X DLY BL ETF NEW SHS ETF

BETAPRO CDN GLD MN2X DLY BL ETF NEW SHS ETF

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Key stats


Assets under management (AUM)
‪130.04 M‬CAD
Fund flows (1Y)
‪−72.56 M‬CAD
Dividend yield (indicated)
Discount/Premium to NAV
−0.1%
Shares outstanding
‪3.14 M‬
Expense ratio
2.43%

About BETAPRO CDN GLD MN2X DLY BL ETF NEW SHS ETF


Issuer
Mirae Asset Global Investments Co., Ltd.
Brand
BetaPro
Home page
Inception date
Jun 25, 2007
Structure
Canadian Mutual Fund Trust (ON)
Index tracked
Solactive Canadian Gold Miners Index - CAD
Management style
Passive
Dividend treatment
Distributes
Distribution tax treatment
Eligible dividends
Income tax type
Capital Gains
Primary advisor
Global X Investments Canada, Inc.
The fund seeks investment results that correspond to 2x inverse of the daily performance of its underlying index, which is designed to measure the performance of Canadian companies active in the gold mining industry and are classified as producers of gold and gold-related products. The fund is market-cap-weighted, with individual constituents capped at 25% of the index weight. As a levered fund, it is not a buy-and-hold investment and should not be expected to provide index leverage returns greater than a one-day period.

Classification


Asset Class
Equity
Category
Sector
Focus
Materials
Niche
Gold miners
Strategy
Vanilla
Geography
Canada
Weighting scheme
Market cap
Selection criteria
Market cap
What's in the fund
Exposure type
Bonds, Cash & Other
Cash
Miscellaneous
Bonds, Cash & Other100.00%
Cash60.80%
Miscellaneous39.20%
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 GDXU 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.
GDXU trades at 39.72 CAD today, its price has fallen −3.92% in the past 24 hours. Track more dynamics on GDXU price chart.
GDXU net asset value is 39.75 today — it's risen 13.99% 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.
GDXU assets under management is ‪130.04 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.
GDXU price has risen by 7.82% over the last month, and its yearly performance shows a 120.91% increase. See more dynamics on GDXU price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 13.99% over the last month, showed a 32.00% increase in three-month performance and has increased by 122.02% in a year.
GDXU fund flows account for ‪−72.56 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.
GDXU invests in cash. See more details in our Analysis section.
GDXU expense ratio is 2.43%. 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, GDXU 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, GDXU 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 GDXU shows the buy signal. See more of GDXU technicals for a more comprehensive analysis.
No, GDXU doesn't pay dividends to its holders.
GDXU trades at a premium (0.09%).
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.
GDXU shares are issued by Mirae Asset Global Investments Co., Ltd.
GDXU follows the Solactive Canadian Gold Miners Index - CAD. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jun 25, 2007.
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.