Key stats
About BETAPRO NAT GAS LEV DAILY BULL ETF SHS (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 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. HNU 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 HNU longer than a day.
Classification
What's in the fund
Exposure type
Cash
Miscellaneous
Bonds, Cash & Other100.00%
Cash62.57%
Miscellaneous37.43%
Top 10 holdings
Bull Play on Natural GasNatural Gas entered oversold area on the weekly chart yesterday. Historically, it doesn't happen often but, when it does, an eventual bounce always follows. HNU, which tracks, currency.com Natural Gas futures, has completed a bullish MACD cross despite recent drop. Nat Gas MACD, likewise, is showing
Horizons' BetaPro Goes Full Alpha in NovemberThe Horizons BetaPro Natural Gas 2x Daily Bear ETF (TSX:HNU) has gone CRAZY this month! I guess we're in for a cold winter??
Here are two pickups made by the AllTradeSignals Volume Pressure Gauge:
Trade #1 - 82% gain in 7 days
Trade #2 - 24% gain in 3 day
Doubling your investment in two tra
See all ideas
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.
Related funds
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.
HNU trades at 30.90 CAD today, its price has fallen −1.90% in the past 24 hours. Track more dynamics on HNU price chart.
HNU net asset value is 30.92 today — it's fallen 11.05% 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.
HNU assets under management is 60.80 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.
HNU price has fallen by −10.41% over the last month, and its yearly performance shows a −50.58% decrease. See more dynamics on HNU price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −11.05% over the last month, showed a −40.58% decrease in three-month performance and has decreased by −52.73% in a year.
NAV returns, another gauge of an ETF dynamics, have fallen by −11.05% over the last month, showed a −40.58% decrease in three-month performance and has decreased by −52.73% in a year.
HNU fund flows account for −79.08 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.
HNU invests in cash. See more details in our Analysis section.
HNU expense ratio is 2.06%. 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, HNU 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, HNU technical analysis shows the sell rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating HNU shows the sell signal. See more of HNU technicals for a more comprehensive analysis.
Today, HNU technical analysis shows the sell rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating HNU shows the sell signal. See more of HNU technicals for a more comprehensive analysis.
No, HNU doesn't pay dividends to its holders.
HNU 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.
HNU shares are issued by Mirae Asset Global Investments Co., Ltd.
HNU follows the Solactive Natural Gas Front Month MD Rolling Futures Index - USD. 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.