NGDN ETF Analysis: Dividends, Returns TSX:NGDN

Analysis

Key stats

The fund is an inverse ETF, and like all geared products, is intended to be held only for short periods. It is not appropriate for buy-and-hold investors. The fund provides up to -2x the return of a natural gas futures index on a daily basis. The index consists of two rolling natural gas future components weighted based on settlement and expiry signals. Daily compounding of returns can lead to the fund's returns varying significantly from the -2x exposure over a longer holding period. The fund is a tactical tool, so trading costs and volume matter.

Classification

Returns

	1 month	3 months	Year to date	1 year	3 years	5 years
Price performance	—	—	—	—	—	—
NAV total return	—	—	—	—	—	—

Dividends

Dividend payout history

Assets under management (AUM)

Fund Flows

NGDN assets under management is ‪2.64 M‬ CAD. It's risen 14.42% over the last month.

NGDN fund flows account for ‪153.07 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, NGDN doesn't pay dividends to its holders.

NGDN shares are issued by LongPoint Asset Management, Inc. under the brand LongPoint. The ETF was launched on Nov 29, 2024, and its management style is Passive.

NGDN follows the Solactive Natural Gas Rolling Futures Index - Benchmark TR Net. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.

NGDN price has risen by 10.46% over the last month, and its yearly performance shows a −68.09% decrease. See more dynamics on NGDN price chart.
NAV returns, another gauge of an ETF dynamics, showed a 26.57% increase in three-month performance and has decreased by −45.34% in a year.

NGDN trades at a premium (5.08%) meaning the ETF is trading at a higher price than the calculated NAV.

LONGPOINT ETF CORP SAVVYSHORT GEARED NATURAL GAS ETF