Key stats
About BETAPRO S&P500 2X DAILY BEARNEW SHS ETF (POST REV SPLT)
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Inception date
Jun 17, 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 offers a bearish bet on the large-cap segment of the US equity market. The fund aims to provide 2x 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 rebalanced on a quarterly basis. The same index is tracked as a levered fund by Horizons HSU. As a leveraged inverse product with -2x 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.
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%
Cash95.78%
Miscellaneous4.22%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
SPXD assets under management is 50.72 M CAD. It's fallen 3.83% over the last month.
SPXD fund flows account for 7.97 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, SPXD doesn't pay dividends to its holders.
SPXD shares are issued by Mirae Asset Global Investments Co., Ltd. under the brand BetaPro. The ETF was launched on Jun 17, 2008, and its management style is Passive.
SPXD expense ratio is 2.37% meaning you'd have to pay 2.37% of your investment to help manage the fund.
SPXD follows the S&P 500. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
SPXD invests in cash.
SPXD price has fallen by −11.31% over the last month, and its yearly performance shows a −22.27% decrease. See more dynamics on SPXD price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −8.55% over the last month, showed a −10.87% decrease in three-month performance and has decreased by −22.85% in a year.
NAV returns, another gauge of an ETF dynamics, have fallen by −8.55% over the last month, showed a −10.87% decrease in three-month performance and has decreased by −22.85% in a year.
SPXD trades at a premium (0.02%) meaning the ETF is trading at a higher price than the calculated NAV.