Key stats
About GLOBAL X INVESTMENTS CANADA INC BETAPRO -3X S&P 500 DAILY LEVERAGED BEAR
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Inception date
Jun 16, 2025
Structure
Canadian Mutual Fund Corporation (ON)
Primary advisor
Global X Investments Canada, Inc.
The fund offers a bearish bet on the large-cap segment of the US equity market. The fund aims to provide 3x inverse exposure to the S&P 500, an index of committee-selected US large-cap companies, which covers approximately 80% of the US investable universe. The index constituents are market cap-weighted and are rebalanced on a quarterly basis. As a leveraged inverse product with -3x factor that resets daily, the fund is not a buy-and-hold investment and should not be expected to provide index leverage return greater than a one-day period.
Related funds
Classification
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
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.
SSPX trades at 18.26 CAD today, its price has risen 4.49% in the past 24 hours. Track more dynamics on SSPX price chart.
SSPX net asset value is 17.83 today — it's fallen 1.08% 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.
SSPX assets under management is 4.45 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.
SSPX fund flows account for 0.00 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.
SSPX is an inverse fund, meaning it's structured to generate returns opposite to the trends of the underlying index or assets.
No, SSPX doesn't pay dividends to its holders.
SSPX trades at a premium (0.07%).
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.
SSPX shares are issued by Mirae Asset Global Investments Co., Ltd.
SSPX follows the S&P 500. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jun 16, 2025.
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.