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HBNK

Horizons Equal Weight Banks Index ETF

Price
$21.10
$0.04
0.19%
NAV
$21.0209
$0.0051
0.02%

Benchmark

Sector Equity

Fact Sheet
Learn more about HBNK

SPAY

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

Price
$27.26
$-0.05
-0.18%
NAV
$27.2563
$-0.0439
-0.16%

Active

Fixed Income

Fact Sheet
Learn more about SPAY

CASH

Horizons High Interest Savings ETF

Price
$50.12
$0.01
0.02%
NAV
$50.1069
$0.0066
0.01%

Benchmark

Fixed Income

Fact Sheet
Learn more about CASH
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HZD

BetaPro Silver -2x Daily Bear ETF

Investment Objective

HZD seeks daily investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to two times (200%) the inverse (opposite) of the daily performance of its Referenced Futures Index. HZD is denominated in Canadian dollars. 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 ETF uses leverage and is riskier than funds that do not. The ETF seeks a return, before fees and expenses, of +200% or – 200% of its Referenced Index for a SINGLE DAY. The returns of the ETF over periods longer than ONE DAY will likely differ in amount, and possibly direction (of the performance, or inverse performance, as applicable) of the Referenced Index. Longer periods AND/OR greater volatility will make the possible divergence more pronounced. Investors should monitor their investment in this ETF daily. Please read the prospectus and ensure you understand this ETF before investing in it.

Fund Details

Ticker
HZD
Inception Date
June 29, 2009
Net Assets ?
$6,811,707
As at  April 17, 2024
Consolidated Prior Day Volume ?
1 549 374
For  April 17, 2024
Average Daily Trading Volume Over a 12 Month Period ?
71,649
As at  April 17, 2024
Exchange
Toronto Stock Exchange
Investment Manager
Horizons ETFs Management (Canada) Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Bloomberg Index Ticker
SOLCSIER
Management Fee
1.15%
(Plus applicable sales tax)
Management Expense Ratio ?
1.79%
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 ?
549300PDEFNPG0RUEM22
NAV / Unit
$9.9466
Price
$10.14
Premium Discount
$0.19
Premium Discount Percentage
1.91%
Outstanding Shares
684,830

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 Silver -2x Daily Bear ETF -16.34 -7.29 -21.25 -7.29 -9.86 -15.44 -35.78 -20.19 -26.71

**Fund performance since inception on June 29, 2009, as at March 31, 2024

Calendar Year Performance (%) *

2016 2017 2018 2019 2020 2021 2022 2023

BetaPro Silver -2x Daily Bear ETF

-37.95 -17.90 18.41 -27.83 -73.76 -3.22 -26.81 -7.16

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 18, 2024
Name Weighting
Silver May 2024 100.00%
At a Glance

Investment Objective

HZD seeks daily investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to two times (200%) the inverse (opposite) of the daily performance of its Referenced Futures Index. HZD is denominated in Canadian dollars. 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 ETF uses leverage and is riskier than funds that do not. The ETF seeks a return, before fees and expenses, of +200% or – 200% of its Referenced Index for a SINGLE DAY. The returns of the ETF over periods longer than ONE DAY will likely differ in amount, and possibly direction (of the performance, or inverse performance, as applicable) of the Referenced Index. Longer periods AND/OR greater volatility will make the possible divergence more pronounced. Investors should monitor their investment in this ETF daily. Please read the prospectus and ensure you understand this ETF before investing in it.

Product Facts

Fund Details

Ticker
HZD
Inception Date
June 29, 2009
Net Assets ?
$6,811,707
As at  April 17, 2024
Consolidated Prior Day Volume ?
1 549 374
ForApril 17, 2024
Average Daily Trading Volume Over a 12 Month Period ?
71,649
As at  April 17, 2024
Exchange
Toronto Stock Exchange
Investment Manager
Horizons ETFs Management (Canada) Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Bloomberg Index Ticker
SOLCSIER
Management Fee
1.15%
(Plus applicable sales tax)
Management Expense Ratio ?
1.79%
 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 ?
549300PDEFNPG0RUEM22
NAV / Unit
$9.9466
Price
$10.14
Premium Discount
$0.19
Premium Discount Percentage
1.91%
Outstanding Shares
684,830

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 Silver -2x Daily Bear ETF -16.34 -7.29 -21.25 -7.29 -9.86 -15.44 -35.78 -20.19 -26.71

**Fund performance since inception on June 29, 2009, as at March 31, 2024

Calendar Year Performance (%)

2016 2017 2018 2019 2020 2021 2022 2023
BetaPro Silver -2x Daily Bear ETF -37.95 -17.90 18.41 -27.83 -73.76 -3.22 -26.81 -7.16

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 18, 2024
Name Weighting
Silver May 2024 100.00%