Key stats
About BETAPRO EQL WGT CDN REIT 2X DLY BER ETF SHS
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Inception date
Sep 1, 2021
Structure
Canadian Mutual Fund Corporation (ON)
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Primary advisor
Global X Investments Canada, Inc.
The fund provides daily 2x inverse exposure to an index of major real estate investment trusts (REITs) that are traded on the Toronto Stock Exchange. A committee composed of Solactive AG staff decides on the selection of the funds constituents, considering the companies meet certain market-cap and liquidity requirements. The index is equal-weighted and is rebalanced semi-annually in March and September. As a leveraged inverse product with a -2x factor that resets daily, HRUD is not a buy-and-hold investment and should not be expected to provide index leverage return greater than a one day period.
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
Bonds, Cash & Other100.00%
Cash108.81%
Miscellaneous−8.81%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
RITD assets under management is 2.92 M CAD. It's fallen 10.00% over the last month.
RITD fund flows account for −1.29 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.
No, RITD doesn't pay dividends to its holders.
RITD shares are issued by Mirae Asset Global Investments Co., Ltd. under the brand BetaPro. The ETF was launched on Sep 1, 2021, and its management style is Passive.
RITD expense ratio is 2.57% meaning you'd have to pay 2.57% of your investment to help manage the fund.
RITD follows the Solactive Equal Weight Canada REIT Index - CAD. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
RITD invests in cash.
RITD price has fallen by −11.53% over the last month, and its yearly performance shows a −25.84% decrease. See more dynamics on RITD price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −11.84% over the last month, showed a −11.84% decrease in three-month performance and has decreased by −24.53% in a year.
NAV returns, another gauge of an ETF dynamics, have fallen by −11.84% over the last month, showed a −11.84% decrease in three-month performance and has decreased by −24.53% in a year.
RITD trades at a premium (0.10%) meaning the ETF is trading at a higher price than the calculated NAV.