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HBNK

Horizons Equal Weight Banks Index ETF

Price
$21.38
$0.09
0.42%
NAV
$21.3073
$0.1153
0.54%

Benchmark

Sector Equity

Fact Sheet
Learn more about HBNK

SPAY

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

Price
$27.06
$-0.06
-0.22%
NAV
$27.1252
$-0.1010
-0.37%

Active

Fixed Income

Fact Sheet
Learn more about SPAY

CASH

Horizons High Interest Savings ETF

Price
$50.15
$0.01
0.02%
NAV
$50.1398
$0.0198
0.04%

Benchmark

Fixed Income

Fact Sheet
Learn more about CASH
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HUV

BetaPro S&P 500 VIX Short-Term Futures™ ETF

Investment Objective

HUV seeks to provide investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to the performance of the S&P 500 VIX Short-Term Futures Index™. Any U.S. dollar gains or losses as a result of HUV’s investment will be hedged back to the Canadian dollar to the best of its ability.

The ETF is a speculative investment tool, is very different from other Canadian exchange traded funds, and can be used for diversification or as a partial hedge against certain market conditions. The ETF seeks a return, before fees and expenses, equal to its Underlying Index (S&P 500 VIX Short-Term Futures Index™) for a SINGLE DAY. The Underlying Index tracks market volatility, not market returns and has tended to have a low to negative correlation to equity market returns and is highly volatile. Historically, the Underlying Index has tended to revert to a historical mean. As a result, the performance of the Underlying Index is expected to be negative over the longer term. As a result, it is not generally viewed as a stand-alone long-term investment. Historically, the Underlying Index has experienced significant one day increases when equity markets have had large negative returns. 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
HUV
Inception Date
December 15, 2010
Net Assets ?
$21,315,127
As at  April 22, 2024
Consolidated Prior Day Volume ?
177 496
For  April 22, 2024
Average Daily Trading Volume Over a 12 Month Period ?
187,249
As at  April 22, 2024
Exchange
Toronto Stock Exchange
Investment Manager
Horizons ETFs Management (Canada) Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Bloomberg Index Ticker
SPVXSP
Management Fee
0.85%
(Plus applicable sales tax)
Management Expense Ratio ?
1.15%
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 ?
549300XFP60QW4J27K92
NAV / Unit
$10.1451
Price
$10.96
Premium Discount
$0.81
Premium Discount Percentage
7.44%
Outstanding Shares
2,101,031

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 VIX Short-Term Futures™ ETF -4.11 -16.49 -44.34 -16.49 -71.11 -58.01 -50.49 -48.44 -50.14

**Fund performance since inception on December 15, 2010, as at March 31, 2024

Calendar Year Performance (%) *

2016 2017 2018 2019 2020 2021 2022 2023

BetaPro S&P 500 VIX Short-Term Futures™ ETF

-67.55 -72.56 67.86 -68.07 15.40 -71.89 -21.99 -72.46

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.

Commodity Rolls

As at April 23, 2024
Name Weighting
S&P 500 VIX Short-term Futures May 2024 79.17%
S&P 500 VIX Short-term Futures June 2024 20.83%
At a Glance

Investment Objective

HUV seeks to provide investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to the performance of the S&P 500 VIX Short-Term Futures Index™. Any U.S. dollar gains or losses as a result of HUV’s investment will be hedged back to the Canadian dollar to the best of its ability.

The ETF is a speculative investment tool, is very different from other Canadian exchange traded funds, and can be used for diversification or as a partial hedge against certain market conditions. The ETF seeks a return, before fees and expenses, equal to its Underlying Index (S&P 500 VIX Short-Term Futures Index™) for a SINGLE DAY. The Underlying Index tracks market volatility, not market returns and has tended to have a low to negative correlation to equity market returns and is highly volatile. Historically, the Underlying Index has tended to revert to a historical mean. As a result, the performance of the Underlying Index is expected to be negative over the longer term. As a result, it is not generally viewed as a stand-alone long-term investment. Historically, the Underlying Index has experienced significant one day increases when equity markets have had large negative returns. 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
HUV
Inception Date
December 15, 2010
Net Assets ?
$21,315,127
As at  April 22, 2024
Consolidated Prior Day Volume ?
177 496
ForApril 22, 2024
Average Daily Trading Volume Over a 12 Month Period ?
187,249
As at  April 22, 2024
Exchange
Toronto Stock Exchange
Investment Manager
Horizons ETFs Management (Canada) Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Bloomberg Index Ticker
SPVXSP
Management Fee
0.85%
(Plus applicable sales tax)
Management Expense Ratio ?
1.15%
 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 ?
549300XFP60QW4J27K92
NAV / Unit
$10.1451
Price
$10.96
Premium Discount
$0.81
Premium Discount Percentage
7.44%
Outstanding Shares
2,101,031

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 VIX Short-Term Futures™ ETF -4.11 -16.49 -44.34 -16.49 -71.11 -58.01 -50.49 -48.44 -50.14

**Fund performance since inception on December 15, 2010, as at March 31, 2024

Calendar Year Performance (%)

2016 2017 2018 2019 2020 2021 2022 2023
BetaPro S&P 500 VIX Short-Term Futures™ ETF -67.55 -72.56 67.86 -68.07 15.40 -71.89 -21.99 -72.46

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

Commodity Rolls

As at April 23, 2024
Name Weighting
S&P 500 VIX Short-term Futures May 2024 79.17%
S&P 500 VIX Short-term Futures June 2024 20.83%

Related Posts

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