Key stats
About BETAPRO CRUDE OIL LEV DLY BULL ETF ETF
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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 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
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Cash
Miscellaneous
Bonds, Cash & Other100.00%
Cash81.77%
Miscellaneous18.23%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
HOU assets under management is 96.96 M CAD. It's risen 7.34% over the last month.
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.
No, HOU doesn't pay dividends to its holders.
HOU shares are issued by Mirae Asset Global Investments Co., Ltd. under the brand BetaPro. The ETF was launched on Jan 15, 2008, and its management style is Passive.
HOU expense ratio is 2.05% meaning you'd have to pay 2.05% of your investment to help manage the fund.
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.
HOU invests in cash.
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.
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 trades at a premium (1.05%) meaning the ETF is trading at a higher price than the calculated NAV.