Key stats
About BETAPRO GOLD BLTN 2X DAILY BULL ETF SHS
Home page
Inception date
Jan 22, 2008
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Primary advisor
Global X Investments Canada, Inc.
The fund offers bullish bets on the price of gold. Its leveraged exposure is benchmarked to the price performance of the Solactive Gold Front Month MD Rolling Futures Indexan index tracking a rolling futures position on gold. The fund is designed for tactical use as opposed to long-term investment, therefore, compounding can cause the fund's return to vary significantly from the headline 2x exposure if held for longer than one day. To obtain exposure over longer periods, investors must monitor and rebalance their position. Investors should also note that holding costs are less important, considering the fund is designed to be held for short periods of time.
Classification
What's in the fund
Exposure type
Cash
Miscellaneous
Bonds, Cash & Other100.00%
Cash70.41%
Miscellaneous29.59%
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.
Related funds
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.
GLDU trades at 26.31 CAD today, its price has risen 2.43% in the past 24 hours. Track more dynamics on GLDU price chart.
GLDU net asset value is 25.67 today — it's risen 1.03% 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.
GLDU assets under management is 28.40 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.
GLDU price has risen by 7.69% over the last month, and its yearly performance shows a 87.26% increase. See more dynamics on GLDU price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.03% over the last month, showed a 21.24% increase in three-month performance and has increased by 83.65% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 1.03% over the last month, showed a 21.24% increase in three-month performance and has increased by 83.65% in a year.
GLDU fund flows account for 2.38 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.
GLDU invests in cash. See more details in our Analysis section.
GLDU expense ratio is 2.55%. 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, GLDU 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, GLDU technical analysis shows the strong 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 GLDU shows the buy signal. See more of GLDU technicals for a more comprehensive analysis.
Today, GLDU technical analysis shows the strong 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 GLDU shows the buy signal. See more of GLDU technicals for a more comprehensive analysis.
No, GLDU doesn't pay dividends to its holders.
GLDU trades at a premium (0.35%).
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.
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.
GLDU shares are issued by Mirae Asset Global Investments Co., Ltd.
GLDU follows the Solactive Gold Front Month MD Rolling Futures Index - CAD. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jan 22, 2008.
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.