Key stats
About BETAPRO NAT GAS INVRSE LEV DILY BR ETF SHS NEW (POST REV SPLIT)
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Inception date
Jan 15, 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 aims to provide 2x inverse the daily returns of an index that holds futures contracts on natural gas. The fund`s underlying index, the Horizons Natural Gas Rolling Futures Index, provides exposure to the performance of front month natural gas futures contracts. HND is a leveraged product that resets daily. As such, this is not a buy-and-hold ETF, it is best designed for short-term tactical trading purposes. Returns can vary significantly from 2x exposure to its underlying index if holding shares of HND longer than a day.
Classification
What's in the fund
Exposure type
Cash
Bonds, Cash & Other100.00%
Cash135.86%
Miscellaneous−35.86%
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.
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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.
HND trades at 7.48 CAD today, its price has risen 1.83% in the past 24 hours. Track more dynamics on HND price chart.
HND net asset value is 7.24 today — it's risen 4.44% 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.
HND assets under management is 186.60 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.
HND price has risen by 3.43% over the last month, and its yearly performance shows a −58.22% decrease. See more dynamics on HND price chart.
NAV returns, another gauge of an ETF dynamics, showed a 16.90% increase in three-month performance and has decreased by −52.79% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 16.90% increase in three-month performance and has decreased by −52.79% in a year.
HND fund flows account for 142.19 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.
HND invests in cash. See more details in our Analysis section.
HND expense ratio is 2.10%. 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.
HND is an inverse fund, meaning it's structured to generate returns opposite to the trends of the underlying index or assets.
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, HND technical analysis shows the buy rating and its 1-week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating HND shows the sell signal. See more of HND technicals for a more comprehensive analysis.
Today, HND technical analysis shows the buy rating and its 1-week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating HND shows the sell signal. See more of HND technicals for a more comprehensive analysis.
No, HND doesn't pay dividends to its holders.
HND trades at a premium (0.01%).
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.
HND shares are issued by Mirae Asset Global Investments Co., Ltd.
HND follows the Horizons Natural Gas Rolling Futures Index - CAD - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jan 15, 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.