BETAPRO CRUDE OIL LEV DLY BULL ETF ETFBETAPRO CRUDE OIL LEV DLY BULL ETF ETFBETAPRO CRUDE OIL LEV DLY BULL ETF ETF

BETAPRO CRUDE OIL LEV DLY BULL ETF ETF

No trades
See on Supercharts

Key stats


Assets under management (AUM)
‪96.96 M‬CAD
Fund flows (1Y)
‪374.71 K‬CAD
Dividend yield (indicated)
Discount/Premium to NAV
1.05%
Shares outstanding
‪10.14 M‬
Expense ratio
2.05%

About BETAPRO CRUDE OIL LEV DLY BULL ETF ETF


Issuer
Mirae Asset Global Investments Co., Ltd.
Brand
BetaPro
Home page
Inception date
Jan 15, 2008
Structure
Canadian Mutual Fund Trust (ON)
Index tracked
Horizons Crude Oil Rolling Futures Index - CAD - Benchmark TR Gross
Management style
Passive
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Primary advisor
Global X Investments Canada, Inc.
The fund leveraged fund, like all geared products, is not a buy-and-hold investment, and should not be expected to provide index leverage return greater than a one-day period. The fund provides 2x the return of a futures-based light sweet crude oil index on a daily basis. Daily compounding of returns can lead to the fund's returns varying significantly from the 2x exposure to the index over longer holding periods. Index returns reflect both the price changes on its front month futures contracts as well as any gain or loss from rolling those futures contracts. The fund manager could change the underlying futures contract exposure and rolling methodology in response to changing market conditions at its discretion.

Classification


Asset Class
Commodities
Category
Energy
Focus
Crude oil
Niche
Front month
Strategy
Vanilla
Geography
Global
Weighting scheme
Single asset
Selection criteria
Single asset
What's in the fund
Exposure type
Bonds, Cash & Other
Cash
Miscellaneous
Bonds, Cash & Other100.00%
Cash81.77%
Miscellaneous18.23%
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 HOU 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.
HOU trades at 9.21 CAD today, its price has fallen −1.93% in the past 24 hours. Track more dynamics on HOU price chart.
HOU net asset value is 9.42 today — it's fallen 5.18% 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.
HOU assets under management is ‪96.96 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.
HOU price has fallen by −6.44% over the last month, and its yearly performance shows a −33.50% decrease. See more dynamics on HOU price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −5.18% over the last month, showed a −25.97% decrease in three-month performance and has decreased by −34.15% in a year.
HOU fund flows account for ‪374.71 K‬ 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.
HOU invests in cash. See more details in our Analysis section.
HOU expense ratio is 2.05%. 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, HOU 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, HOU technical analysis shows the sell rating and its 1-week rating is strong sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating HOU shows the sell signal. See more of HOU technicals for a more comprehensive analysis.
No, HOU doesn't pay dividends to its holders.
HOU trades at a premium (1.05%).
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.
HOU shares are issued by Mirae Asset Global Investments Co., Ltd.
HOU follows the Horizons Crude Oil 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.