Key stats
About BETAPRO S&P TSX 60 2X DLY BR ETF NE SHS ETF(POST REV SPLT)
Expense ratio
2.21%
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Inception date
Jan 8, 2007
The fund seeks investment results that correspond to 2x inverse of the daily performance of its underlying index, which represents 60 of the largest companies (in market capitalization) listed on the Toronto Stock Exchange. Constituents are selected at the discretion of the index committee and weighted by float-adjusted market capitalization. As a levered fund, it is not a buy-and-hold investment and should not be expected to provide index leverage returns greater than a one-day period.
Classification
What's in the fund
Exposure type
Cash
Bonds, Cash & Other100.00%
Cash104.91%
Miscellaneous−4.91%
Time to buy inverse etfs? With stocks markets falling like crazy it may be time to hold more cash than equity.
Inverse etfs might be a good hedging idea or a replacement to shorts.
There have been big expansion the last two days. Volatility increase, range increase and strong green candles indicate a bearish tsx.
See all ideas