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
What's in the fund
Exposure type
Cash
Bonds, Cash & Other100.00%
Cash108.81%
Miscellaneous−8.81%
Top 10 holdings
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.
RITD trades at 11.97 CAD today, its price has fallen −0.75% in the past 24 hours. Track more dynamics on RITD price chart.
RITD net asset value is 11.98 today — it's fallen 11.84% 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.
RITD assets under management is 2.92 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.
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 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.
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.
RITD invests in cash. See more details in our Analysis section.
RITD expense ratio is 2.57%. 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.
RITD is an inverse fund, meaning it's structured to generate returns opposite to the trends of the underlying index or assets.
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, RITD 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 RITD shows the strong sell signal. See more of RITD technicals for a more comprehensive analysis.
Today, RITD 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 RITD shows the strong sell signal. See more of RITD technicals for a more comprehensive analysis.
No, RITD doesn't pay dividends to its holders.
RITD trades at a premium (0.10%).
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.
RITD shares are issued by Mirae Asset Global Investments Co., Ltd.
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.
The fund started trading on Sep 1, 2021.
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.