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CASH

Horizons High Interest Savings ETF

Price
$50.01
$0.01
0.01%
NAV
$49.9998
$-0.1671
-0.33%

Benchmark

Fixed Income

Fact Sheet
Learn more about CASH

QQCC

Horizons NASDAQ-100 Covered Call ETF

Price
$9.56
$-0.04
-0.42%
NAV
$9.8753
$0.2847
2.97%

Active

Covered Call

Fact Sheet
Learn more about QQCC

HRAA

Horizons ReSolve Adaptive Asset Allocation ETF

Price
$11.15
$-0.12
-1.06%
NAV
$11.2092
$-0.0103
-0.09%

Active

Corporate Class – Alternative

Fact Sheet
Learn more about HRAA
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HIU

BetaPro S&P 500® Daily Inverse ETF

Daily Inverse Exposure to the S&P 500® Index

For investors who are willing to take on additional risk to seek out potentially greater short-term returns than traditional investment strategies, Horizons ETFs offers its family of BetaPro ETFs, which includes daily inverse (-1x) exposure to different equity and commodity indices.

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 ?
$64,058,158
As at  November 30, 2022
Consolidated Prior Day Volume ?
206,294
For  November 30, 2022
Average Daily Trading Volume Over a 12 Month Period ?
160,234
As at  November 30, 2022
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 ?
1.41%
As at June 30, 2022
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
$14.3789
Price
$14.39
Premium Discount
$0.01
Premium Discount Percentage
0.08%
Outstanding Shares
4,455,000

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 -7.59 6.11 4.40 17.81 12.92 -14.30 -12.58 -13.80 -13.76

**Fund performance since inception on February 03, 2010, as at October 31, 2022

Calendar Year Performance (%) *

2014 2015 2016 2017 2018 2019 2020 2021

BetaPro S&P 500® Daily Inverse ETF

-14.00 -4.59 -12.60 -18.49 3.44 -23.31 -24.65 -24.45

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 October 31, 2022
Information Technology 26.28%
Health Care 15.32%
Financials 11.39%
Consumer Goods 10.86%
Industrial Services 8.26%
Communication Services 7.46%
Consumer Service 6.93%
Energy 5.36%
Utilities 2.96%
Real Estate 2.64%
Materials 2.53%

Top 10 Index Holdings

As at October 31, 2022
Security Name Weight
Apple Inc 7.12%
Microsoft Corp 5.32%
Amazon.com Inc 2.79%
Tesla Inc 1.86%
Alphabet Inc Cl A 1.74%
Berkshire Hathaway Inc Cl B 1.64%
UnitedHealth Group Inc 1.60%
Alphabet Inc Cl C 1.56%
Exxon Mobil Corp 1.42%
Johnson & Johnson 1.41%
At a Glance

Daily Inverse Exposure to the S&P 500® Index

For investors who are willing to take on additional risk to seek out potentially greater short-term returns than traditional investment strategies, Horizons ETFs offers its family of BetaPro ETFs, which includes daily inverse (-1x) exposure to different equity and commodity indices.

Product Facts

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 ?
$64,058,158
As at November 30, 2022
Consolidated Prior Day Volume ?
206,294
For November 30, 2022
Average Daily Trading Volume Over a 12 Month Period ?
160,234
As at November 30, 2022
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 ?
1.41%
 As at June 30, 2022
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
$14.3789
Price
$14.39
Premium Discount
$0.01
Premium Discount Percentage
0.08%
Outstanding Shares
4,455,000

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 -7.59 6.11 4.40 17.81 12.92 -14.30 -12.58 -13.80 -13.76

**Fund performance since inception on February 03, 2010, as at October 31, 2022

Calendar Year Performance (%)

2014 2015 2016 2017 2018 2019 2020 2021
BetaPro S&P 500® Daily Inverse ETF -14.00 -4.59 -12.60 -18.49 3.44 -23.31 -24.65 -24.45

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 October 31, 2022
Information Technology 26.28%
Health Care 15.32%
Financials 11.39%
Consumer Goods 10.86%
Industrial Services 8.26%
Communication Services 7.46%
Consumer Service 6.93%
Energy 5.36%
Utilities 2.96%
Real Estate 2.64%
Materials 2.53%

Top 10 Index Holdings

As at October 31, 2022
Security Name Weight
Apple Inc 7.12%
Microsoft Corp 5.32%
Amazon.com Inc 2.79%
Tesla Inc 1.86%
Alphabet Inc Cl A 1.74%
Berkshire Hathaway Inc Cl B 1.64%
UnitedHealth Group Inc 1.60%
Alphabet Inc Cl C 1.56%
Exxon Mobil Corp 1.42%
Johnson & Johnson 1.41%

Related Posts

At Horizons ETFs, we believe in education as empowerment. We endeavor to equip Canadian investors with the knowledge and tools they need to navigate the investing world. From the ETF basics to more complex topics like how our suite of inverse and leveraged funds work, our comprehensive learning library aims to be accessible for all investors, from beginners to experienced traders!