Key stats
About BETAPRO S&P500 2X DAILY BEAR ETFNEW SHS ETF (POST REV SPLT)
Expense ratio
2.37%
Home page
Inception date
Jun 17, 2008
ISIN
CA08664D3094
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
What's in the fund
Exposure type
Cash
Bonds, Cash & Other100.00%
Cash102.80%
Miscellaneous−2.80%
