Key stats
About BETAPRO S&P 500 2X DLY BL ETF NEW SHS ETF
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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 bullish bet on the large-cap segment of the US equity market. The fund aims to provide 2x levered 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. As a leveraged 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
Miscellaneous
Bonds, Cash & Other100.00%
Cash50.97%
Miscellaneous49.03%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
SPXU assets under management is 163.70 M CAD. It's risen 3.62% over the last month.
SPXU fund flows account for 8.51 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, SPXU doesn't pay dividends to its holders.
SPXU 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.
SPXU expense ratio is 2.80% meaning you'd have to pay 2.80% of your investment to help manage the fund.
SPXU follows the S&P 500. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
SPXU invests in cash.
SPXU price has risen by 13.46% over the last month, and its yearly performance shows a 13.41% increase. See more dynamics on SPXU price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 12.06% over the last month, showed a 3.95% increase in three-month performance and has increased by 13.55% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 12.06% over the last month, showed a 3.95% increase in three-month performance and has increased by 13.55% in a year.
SPXU trades at a premium (0.04%) meaning the ETF is trading at a higher price than the calculated NAV.