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HBNK

Horizons Equal Weight Banks Index ETF

Price
$20.82
$0.12
0.58%
NAV
$20.8369
$0.1255
0.61%

Benchmark

Sector Equity

Fact Sheet
Learn more about HBNK

SPAY

Horizons Short-Term U.S. Treasury Premium Yield ETF

Price
$27.02
$0.08
0.30%
NAV
$27.0189
$0.0754
0.28%

Active

Fixed Income

Fact Sheet
Learn more about SPAY

CASH

Horizons High Interest Savings ETF

Price
$50.12
$0.00
0.00%
NAV
$50.1224
$0.0262
0.05%

Benchmark

Fixed Income

Fact Sheet
Learn more about CASH
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HIU

BetaPro S&P 500® Daily Inverse ETF

Investment Objective

HIU seeks daily investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to one times (100%) the inverse (opposite) of the daily performance of the S&P 500®. Any U.S. dollar gains or losses as a result of the ETF’s investment will be hedged back to the Canadian dollar to the best of its ability.

The returns of this ETF over periods longer than one day will, under most market conditions, be in the opposite direction from the performance of its Underlying Index for the same period, and the returns of an Inverse ETF can, based on historical returns, generally be expected to be substantially similar to the inverse performance of their Underlying Index for the same period. However, any deviation of returns of an Inverse ETF from the inverse performance of its Underlying Index can be expected to become more pronounced as the volatility of the Underlying Index, and/or the period of time, increases. Investors should monitor their investment in the ETF daily. Please read the prospectus and ensure you understand this ETF before investing in it.

Fund Details

Ticker
HIU
Inception Date
February 03, 2010
Net Assets ?
$24,273,025
As at  February 20, 2024
Consolidated Prior Day Volume ?
63 006
For  February 20, 2024
Average Daily Trading Volume Over a 12 Month Period ?
70,592
As at  February 20, 2024
Exchange
Toronto Stock Exchange
Investment Manager
Horizons ETFs Management (Canada) Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Bloomberg Index Ticker
SPXT
Management Fee
1.15%
(Plus applicable sales tax)
Management Expense Ratio ?
1.57%
As at June 30, 2023
Currency
CAD
Currency Hedging
Seeks to hedge the U.S. dollar value of its portfolio to the Canadian dollar at all times
LEI ?
549300QN45KTTDFEV668
NAV / Unit
$12.5119
Price
$12.51
Premium Discount
$0.00
Premium Discount Percentage
-0.02%
Outstanding Shares
1,940,000

The NAV chart above only shows the historical daily net asset value per unit (NAV) of the ETF, and identifies the various distributions made by the ETF, if any. The distributions are not treated as reinvested, and it does not take into account sales, redemption, distribution or optional charges or income taxes payable by any security holder. The NAV values do contemplate management fees and other fund expenses. The chart is not a performance chart and is not indicative of future NAV values which will vary.

The Growth of 10K chart above is based on the historical daily net asset value per unit (NAV) of the ETF, and represents the value of an initial investment into the ETF of $10,000 since its inception, on a total return basis. Distributions, if any, are treated as reinvested, and it does not take into account sales, redemption, distribution or optional charges or income taxes payable by any security holder. The NAV values do contemplate management fees and other fund expenses where paid by the fund. The chart is not a performance chart and is not indicative of future value which will vary.

Annualized Performance (%) *

1mo 3mo 6mo YTD 1 yr 3 yr 5 yr 10 yr SIR**
BetaPro S&P 500® Daily Inverse ETF -1.01 -12.13 -2.50 -1.01 -11.46 -9.32 -14.05 -12.81 -13.66

**Fund performance since inception on February 03, 2010, as at January 31, 2024

Calendar Year Performance (%) *

2016 2017 2018 2019 2020 2021 2022 2023

BetaPro S&P 500® Daily Inverse ETF

-12.60 -18.49 3.44 -23.31 -24.65 -24.45 18.88 -15.50

The Inception Date shown is the inception date of the predecessor ETF of the same name which was structured as a trust. On November 27, 2019, after receiving unitholder approval, the predecessor ETF merged into a class of shares of a corporate fund structure. In accordance with exemptive relief, the data of the ETF presented here includes the historical data of the predecessor ETF in order to provide full disclosure of the ETF’s data.

Distributions

Distribution data is not currently available.

Sector Allocation

As at September 29, 2023
Information Technology 27.46%
Health Care 13.36%
Financials 12.81%
Consumer Goods 10.67%
Communication Services 8.87%
Industrial Services 8.30%
Consumer Service 6.57%
Energy 4.72%
Materials 2.45%
Utilities 2.41%
Real Estate 2.37%

Top 10 Index Holdings

As at September 30, 2023
Security Name Weight
Apple Inc 7.00%
Microsoft Corp 6.53%
Alphabet Inc Cl A 4.01%
Amazon.com Inc 3.21%
NVIDIA Corp 2.99%
Tesla Inc 1.92%
Meta Platforms Inc Cl A 1.86%
Berkshire Hathaway Inc Cl A 1.78%
Exxon Mobil Corp 1.31%
UnitedHealth Group Inc 1.30%
At a Glance

Investment Objective

HIU seeks daily investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to one times (100%) the inverse (opposite) of the daily performance of the S&P 500®. Any U.S. dollar gains or losses as a result of the ETF’s investment will be hedged back to the Canadian dollar to the best of its ability.

The returns of this ETF over periods longer than one day will, under most market conditions, be in the opposite direction from the performance of its Underlying Index for the same period, and the returns of an Inverse ETF can, based on historical returns, generally be expected to be substantially similar to the inverse performance of their Underlying Index for the same period. However, any deviation of returns of an Inverse ETF from the inverse performance of its Underlying Index can be expected to become more pronounced as the volatility of the Underlying Index, and/or the period of time, increases. Investors should monitor their investment in the ETF daily. Please read the prospectus and ensure you understand this ETF before investing in it.

Product Facts

Fund Details

Ticker
HIU
Inception Date
February 03, 2010
Net Assets ?
$24,273,025
As at  February 20, 2024
Consolidated Prior Day Volume ?
63 006
ForFebruary 20, 2024
Average Daily Trading Volume Over a 12 Month Period ?
70,592
As at  February 20, 2024
Exchange
Toronto Stock Exchange
Investment Manager
Horizons ETFs Management (Canada) Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Bloomberg Index Ticker
SPXT
Management Fee
1.15%
(Plus applicable sales tax)
Management Expense Ratio ?
1.57%
 As at June 30, 2023
Currency
CAD
Currency Hedging
Seeks to hedge the U.S. dollar value of its portfolio to the Canadian dollar at all times
LEI ?
549300QN45KTTDFEV668
NAV / Unit
$12.5119
Price
$12.51
Premium Discount
$0.00
Premium Discount Percentage
-0.02%
Outstanding Shares
1,940,000

The NAV chart above only shows the historical daily net asset value per unit (NAV) of the ETF, and identifies the various distributions made by the ETF, if any. The distributions are not treated as reinvested, and it does not take into account sales, redemption, distribution or optional charges or income taxes payable by any security holder. The NAV values do contemplate management fees and other fund expenses. The chart is not a performance chart and is not indicative of future NAV values which will vary.

The Growth of 10K chart above is based on the historical daily net asset value per unit (NAV) of the ETF, and represents the value of an initial investment into the ETF of $10,000 since its inception, on a total return basis. Distributions, if any, are treated as reinvested, and it does not take into account sales, redemption, distribution or optional charges or income taxes payable by any security holder. The NAV values do contemplate management fees and other fund expenses where paid by the fund. The chart is not a performance chart and is not indicative of future value which will vary.

Performance & Distributions

Annualized Performance (%) *

1mo 3mo 6mo YTD 1 yr 3 yr 5 yr 10 yr SIR**
BetaPro S&P 500® Daily Inverse ETF -1.01 -12.13 -2.50 -1.01 -11.46 -9.32 -14.05 -12.81 -13.66

**Fund performance since inception on February 03, 2010, as at January 31, 2024

Calendar Year Performance (%)

2016 2017 2018 2019 2020 2021 2022 2023
BetaPro S&P 500® Daily Inverse ETF -12.60 -18.49 3.44 -23.31 -24.65 -24.45 18.88 -15.50

The Inception Date shown is the inception date of the predecessor ETF of the same name which was structured as a trust. On November 27, 2019, after receiving unitholder approval, the predecessor ETF merged into a class of shares of a corporate fund structure. In accordance with exemptive relief, the data of the ETF presented here includes the historical data of the predecessor ETF in order to provide full disclosure of the ETF’s data.

Distributions

Distribution data is not currently available.

Holdings

Sector Allocation

As at September 29, 2023
Information Technology 27.46%
Health Care 13.36%
Financials 12.81%
Consumer Goods 10.67%
Communication Services 8.87%
Industrial Services 8.30%
Consumer Service 6.57%
Energy 4.72%
Materials 2.45%
Utilities 2.41%
Real Estate 2.37%

Top 10 Index Holdings

As at September 30, 2023
Security Name Weight
Apple Inc 7.00%
Microsoft Corp 6.53%
Alphabet Inc Cl A 4.01%
Amazon.com Inc 3.21%
NVIDIA Corp 2.99%
Tesla Inc 1.92%
Meta Platforms Inc Cl A 1.86%
Berkshire Hathaway Inc Cl A 1.78%
Exxon Mobil Corp 1.31%
UnitedHealth Group Inc 1.30%