BetaPro Equal Weight Canadian Bank 2x Daily Bull ETF
HBKU offers investors the opportunity to amplify their exposure to Canada's prominent banking sector, providing approximately 2x daily performance of the Solactive Equal Weight Canada Banks Index.
HBKU allows investors to gain leveraged exposure to Canadian banks without the need for a margin account, mitigating the risks associated with margin trading while still accessing amplified performance, offering a more controlled approach to leveraged investing.
HBKU caters to high conviction investors seeking to capitalize on the performance of Canada's "Big Six" banks, offering a targeted strategy to potentially generate excess returns relative to the broader Canadian financial sector, aligning with a short-term bullish outlook on the banking industry.
NAV
$20.55
$-0.0788
-0.38%
Volume Real-time volume on the Toronto Stock Exchange only
60
Price
$20.45
$0.36
1.79%
Last Close
$20.09
Prices delayed by 15 minutes.
Last Trade: May 8, 2024Risk Rating: Risk Rating is based on how much the ETF's returns have changed from year to year. It doesn't tell you how volatile the ETF will be in the future. The rating can change overtime. An ETF with a low risk rating can still lose money.
High
Ticker
HBKU
CUSIP
08664A107
Inception Date
September 12, 2022
Net Assets The value of all assets, less the value of all liabilities, at a particular point in time. (Includes all classes of this ETF)
$5,042,436
Consolidated Prior Day Volume The ETF’s aggregate volume traded on all Canadian exchanges
10
Average Daily Trading Volume Over a 12 Month Period The ETF’s aggregate average daily trading volume over a 12 month period traded on all Canadian exchanges
940
Exchange
Toronto Stock Exchange
Investment Manager
Global X Investments Canada Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Bloomberg Index Ticker
SOLCBEW
Management Fee
1.15% (Plus applicable sales tax)
Management Expense Ratio Management expense ratio (“MER”) is based on total expenses, including sales tax, (excluding commissions and other portfolio transaction costs) for the stated period for each ETF and is expressed as an annualized percentage of each ETF’s daily average net asset value during the period. Out of its management fees, the Manager pays for such services to the ETF as investment manager compensation, service fees and marketing.
1.84% As at December 31, 2023
Trading Expense Ratio The trading expense ratio (“TER”) represents total commissions and other portfolio transaction costs incurred by each ETF expressed as an annualized percentage of each ETF’s daily average net asset value during the period.
1.07% As at December 31, 2023
Currency
CAD
Currency Hedging
N/A
LEI The LEI is the Legal Entity Identifier, which is an identification code under international standards for the accurate identification of legal entities like the ETF.
549300IRC2G84YF3NZ39
As at May 7, 2024
NAV / Unit
$20.55
Price
$20.45
Premium Discount
$-0.18
Premium Discount Percentage
-0.88%
Outstanding Shares
251,000
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.
|
dates |
1 mo | 3 mo | 6 mo | YTD | 1 yr | 3 yr | 5 yr | 10 yr | SIR* |
|---|---|---|---|---|---|---|---|---|---|
| BetaPro Equal Weight Canadian Bank 2x Daily Bull ETF | -8.63 | 4.57 | 42.32 | 0.07 | 5.97 | - | - | - | 2.48 |
*Fund performance since inception on September 12, 2022, as at April 30, 2024
|
dates |
2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|
| BetaPro Equal Weight Canadian Bank 2x Daily Bull ETF | - | - | - | - | - | - | - | 12.31 |
As at March 31, 2024
Security Name
Weight
National Bank of Canada
16.97%
Bank of Montreal
16.87%
Bank of Nova Scotia
16.77%
Canadian Imperial Bank of Commerce
16.61%
Royal Bank of Canada
16.51%
Toronto-Dominion Bank
16.26%
Holdings are subject to change.