Search
Generic filters
Search in excerpt

An ETF for every investor.

CASH

Horizons High Interest Savings ETF

Price
$50.17
$0.01
0.01%
NAV
$50.1669
$0.0057
0.01%

Benchmark

Fixed Income

Fact Sheet
Learn more about CASH

QQCC

Horizons NASDAQ-100 Covered Call ETF

Price
$9.60
$-0.25
-2.54%
NAV
$9.5906
$-0.1586
-1.63%

Active

Covered Call

Fact Sheet
Learn more about QQCC

HRAA

Horizons ReSolve Adaptive Asset Allocation ETF

Price
$11.17
$0.02
0.18%
NAV
$11.2092
$-0.0103
-0.09%

Active

Corporate Class – Alternative

Fact Sheet
Learn more about HRAA
Explore All Products
Search
Generic filters
Search in excerpt
Date Ticker Name S / C Ratio
12/18/2008 HMU BetaPro S&P/TSX Global Base Metals™ Bull+ ETF C 1 : 4
12/18/2008 HJU BetaPro MSCI Emerging Markets Bull+ ETF C 1 : 5
01/02/2009 HOD BetaPro NYMEX® Crude Oil Bear+ ETF S 2 : 1
01/02/2009 HOU BetaPro NYMEX® Crude Oil Bull+ ETF C 1 : 5
01/02/2009 HGD BetaPro S&P/TSX Global Gold™ Bear+ ETF C 1 : 5
04/15/2009 HND BetaPro NYMEX® Natural Gas Bear+ ETF S 5 : 1
04/15/2009 HNU BetaPro NYMEX® Natural Gas Bull+ ETF C 1 : 4
09/16/2009 HND BetaPro NYMEX® Natural Gas Bear+ ETF S 2 : 1
09/16/2009 HNU BetaPro NYMEX® Natural Gas Bull+ ETF C 1 : 5
10/27/2009 HMU BetaPro S&P/TSX Global Base Metals™ Bull+ ETF S 3 : 1
10/27/2009 HMD BetaPro S&P/TSX Global Base Metals™ Bear+ ETF C 1 : 4
10/27/2009 HJU BetaPro MSCI Emerging Markets Bull+ ETF S 3 : 1
10/27/2009 HJD BetaPro MSCI Emerging Markets Bear+ ETF C 1 : 4
06/03/2010 HGD BetaPro S&P/TSX Global Gold™ Bear+ ETF C 1 : 4
11/8/2010 HZU BetaPro COMEX® Silver Bull+ ETF S 3 : 1
11/8/2010 HNU BetaPro NYMEX® Natural Gas Bull+ ETF C 1 : 2
03/16/2011 HBU BetaPro COMEX® Gold Bullion Bull+ ETF S 2 : 1
03/16/2011 HKU BetaPro Comex® Copper Bull+ ETF S 2 : 1
03/16/2011 HZD BetaPro COMEX® Silver Bear+ ETF C 1 : 4
05/10/2011 HZU BetaPro COMEX® Silver Bull+ ETF S 3 : 1
09/19/2011 HBD BetaPro COMEX® Gold Bullion Bear+ ETF C 1 : 4
11/23/2011 HNU BetaPro NYMEX® Natural Gas Bull+ ETF C 1 : 4
04/13/2012 HNU BetaPro NYMEX® Natural Gas Bull+ ETF C 1 : 4
04/13/2012 HNO BetaPro NYMEX® Long Natural Gas/Short Crude Oil Spread ETF C 1 : 4
04/13/2012 HUN Horizons NYMEX® Natural Gas ETF C 1 : 4
05/09/2012 HND BetaPro NYMEX® Natural Gas Bear+ ETF S 4 : 1
05/09/2012 HIN BetaPro NYMEX® Natural Gas Inverse ETF S 4 : 1
07/19/2012 HVU BetaPro S&P 500 VIX Short/Term Futures™ ETF C 1 : 10
01/04/2013 DLR.U Horizons US Dollar Currency ETF C 1 : 1.009601
03/13/2013 HVU BetaPro S&P 500 VIX Short/Term Futures™ Bull+ ETF C 1 : 4
04/05/2013 HND BetaPro NYMEX® Natural Gas Bear+ ETF C 1 : 2
04/05/2013 HUV BetaPro S&P 500 VIX Short/Term Futures™ ETF C 1 : 4
05/06/2013 HZU BetaPro COMEX® Silver Bull+ ETF C 1 : 4
05/06/2013 HGU BetaPro S&P/TSX Global Gold™ Bull+ ETF C 1 : 4
05/15/2013 HEP Horizons Enhanced Income Gold Producers ETF C 1 : 2
09/09/2013 HXT Horizons S&P/TSX 60™ Index ETF C 1 : 2
11/18/2013 HXS Horizons S&P 500® Index ETF C 1 : 2
11/18/2013 HVU BetaPro S&P 500 VIX Short/Term Futures™ Bull+ ETF C 1 : 4
11/18/2013 HQD BetaPro NASDAQ/100® Bear+ ETF C 1 : 4
12/20/2013 DLR Horizons US Dollar Currency ETF C 1 : 1.005
02/13/2014 HND BetaPro NYMEX® Natural Gas Bear+ ETF C 1 : 2
06/18/2014 HED BetaPro S&P/TSX Capped Energy™ Bear+ ETF C 1 : 4
06/18/2014 HFD BetaPro S&P/TSX Capped Financials™ Bear+ ETF C 1 : 4
06/18/2014 HSD BetaPro S&P 500® Index Bear+ ETF C 1 : 4
06/18/2014 HQU BetaPro NASDAQ/100® Bull+ ETF S 2 : 1
07/30/2014 HVU BetaPro S&P 500 VIX Short/Term Futures™ Bull+ ETF C 1 : 5
11/24/2014 HOU BetaPro NYMEX® Crude Oil Bull+ ETF C 1 : 2
01/14/2015 DLR Horizons US Dollar Currency ETF C 1 : 1.005951
01/16/2015 HOU BetaPro NYMEX® Crude Oil Bull+ ETF C 1 : 4
08/24/2015 HEU BetaPro S&P/TSX Capped Energy™ Bull+ ETF C 1 : 4
08/24/2015 HUV BetaPro S&P 500 VIX Short/Term Futures™ ETF C 1 : 10
08/24/2015 HVU BetaPro S&P 500 VIX Short/Term Futures™ Bull+ ETF C 1 : 10
08/25/2015 HVI BetaPro S&P 500 VIX Short/Term Futures™ Inverse ETF S 2 : 1
11/26/2015 HGU BetaPro S&P/TSX Global Gold™ Bull+ ETF C 1: 5
11/26/2015 HIU BetaPro S&P 500® Inverse ETF C 1 : 10
11/26/2015 HNU BetaPro NYMEX® Natural Gas Bull+ ETF C 1 : 10
11/26/2015 HOU BetaPro NYMEX® Crude Oil Bull+ ETF C 1 : 2
11/26/2015 HQD BetaPro NASDAQ/100® Bear+ ETF C 1 : 5
11/26/2015 HXD BetaPro S&P/TSX 60™ Bear+ ETF C 1 : 2
11/26/2015 HZU BetaPro COMEX® Silver Bull+ ETF C 1 : 5
02/16/2016 HEE Horizons Enhanced Income Energy ETF C 1 : 5
02/16/2016 HEP Horizons Enhanced Income Gold Producers ETF C 1 : 5
02/16/2016 HNY Horizons Natural Gas Yield ETF C 1 : 5
05/30/2016 HGD BetaPro S&P/TSX Global Gold™ Bear+ ETF C 1 : 4
05/30/2016 HOU BetaPro NYMEX® Crude Oil Bull+ ETF C 1 : 2
05/30/2016 HTD BetaPro U.S. 30/Year Bond Bear+ ETF C 1 : 2
05/30/2016 HUC Horizons NYMEX® Crude Oil ETF C 1 : 2
05/30/2016 HGU BetaPro S&P/TSX Global Gold™ Bull+ ETF S 2 : 1
11/26/2016 HVU BetaPro S&P 500 VIX Short/Term Futures™ 2x Daily Bull ETF C 1 : 10
05/29/2017 HVU BetaPro S&P 500 VIX Short/Term Futures™ 2x Daily Bull ETF C 1 : 3
05/29/2017 HUV BetaPro S&P 500 VIX Short-Term Futures™ ETF C 1 : 2
05/29/2017 HVI BetaPro S&P 500 VIX Short-Term Futures™ Daily Inverse ETF S 2 : 1
01/15/2018 HVU BetaPro S&P 500 VIX Short/Term Futures™ 2x Daily Bull ETF C 1 : 5
03/04/2019 HNU BetaPro Natural Gas 2x Daily Bull ETF C 1 : 5
03/04/2019 HSD BetaPro S&P 500® -2x Daily Bear ETF C 1 : 4
03/23/2019 HEU BetaPro S&P/TSX Capped Energy™ 2x Daily Bull ETF C 1 : 4
03/23/2019 HFD BetaPro S&P/TSX Capped Financials™ -2x Daily Bear ETF C 1 : 4
03/23/2019 HGD BetaPro Canadian Gold Miners -2x Daily Bear ETF C 1 : 4
03/23/2019 HMJU BetaPro Marijuana Companies 2x Daily Bull ETF C 1 : 10
03/23/2019 HMUS/HMUS.U Horizons US Marijuana Index ETF C 1 : 4
03/23/2019 HQD/HQD.U BetaPro NASDAQ-100® -2x Daily Bear ETF C 1 : 4
03/23/2019 HXD BetaPro S&P/TSX 60™ -2x Daily Bear ETF C 1 : 4
02/14/2020 HUV BetaPro S&P 500 VIX Short-Term Futures™ ETF C 1 : 10
02/14/2020 HQU BetaPro NASDAQ-100® 2x Daily Bull ETF S 4 : 1
02/14/2020 HSU BetaPro S&P 500® 2x Daily Bull ETF S 2 : 1
03/20/2020 HEU BetaPro S&P/TSX Capped Energy™ 2x Daily Bull ETF C 1 : 20
03/20/2020 HFD BetaPro S&P/TSX Capped Financials™ -2x Daily Bear ETF C 1 : 4
03/20/2020 HGD BetaPro Canadian Gold Miners -2x Daily Bear ETF C 1 : 4
03/20/2020 HMJU BetaPro Marijuana Companies 2x Daily Bull ETF C 1 : 20
03/20/2020 HMUS/HMUS.U Horizons US Marijuana Index ETF C 1 : 4
03/20/2020 HOU BetaPro Crude Oil Leveraged Daily Bull ETF C 1 : 10
03/20/2020 HQD/HQD.U BetaPro NASDAQ-100® -2x Daily Bear ETF C 1 : 4
03/20/2020 HXD BetaPro S&P/TSX 60™ -2x Daily Bear ETF C 1 : 4
04/28/2020 HOU BetaPro Crude Oil Leveraged Daily Bull ETF C 1 : 20
05/22/2020 HGD BetaPro Canadian Gold Miners -2x Daily Bear ETF C 1 : 2
05/22/2020 HNU BetaPro Natural Gas Leveraged Daily Bull ETF C 1 : 5
05/22/2020 HZD BetaPro Silver -2x Daily Bear ETF C 1 : 2
11/25/2020 HBD BetaPro Gold Bullion -2x Daily Bear ETF C 1 : 2
11/25/2020 HIX BetaPro S&P/TSX 60™ Daily Inverse ETF C 1 : 2
11/25/2020 HQD BetaPro NASDAQ-100® -2x Daily Bear ETF C 1 : 2
11/25/2020 HSD BetaPro S&P 500® -2x Daily Bear ETF C 1 : 2
11/25/2020 HZD BetaPro Silver -2x Daily Bear ETF C 1 : 2
06/05/2021 HSH Horizons S&P 500 CAD Hedged Index ETF S 2 : 1
06/05/2021 HULC Horizons US Large Cap Index ETF S 2 : 1
06/05/2021 HULC.U Horizons US Large Cap Index ETF S 2 : 1
06/05/2021 HXS Horizons S&P 500® Index ETF S 2 : 1
06/05/2021 HXS.U Horizons S&P 500® Index ETF S 2 : 1
06/05/2021 HXQ Horizons NASDAQ-100® Index ETF  S 2 : 1
06/05/2021 HXQ.U Horizons NASDAQ-100® Index ETF  S 2 : 1
06/05/2021 HBGD Horizons Big Data & Hardware Index ETF S 3 : 1
06/05/2021 HBGD.U Horizons Big Data & Hardware Index ETF S 3 : 1
06/05/2021 HOU BetaPro Crude Oil Leveraged Daily Bull ETF S 3 : 1
06/05/2021 HXU BetaPro S&P/TSX 60™ 2x Daily Bull ETF  S 3 : 1
06/05/2021 HFU BetaPro S&P/TSX Capped Financials™ 2x Daily Bull ETF  S 3 : 1
06/05/2021 HEU BetaPro S&P/TSX Capped Energy™ 2x Daily Bull ETF  S 3 : 1
06/05/2021 HSU BetaPro S&P 500® 2x Daily Bull ETF S 3 : 1
06/05/2021 HQU BetaPro NASDAQ-100® 2x Daily Bull ETF  S 3 : 1
06/05/2021 HED BetaPro S&P/TSX Capped Energy™ -2x Daily Bear ETF C 1 : 5
06/05/2021 HOD BetaPro Crude Oil Inverse Leveraged Daily Bear ETF C 1 : 4
06/05/2021 HZD BetaPro Silver -2x Daily Bear ETF  C 1 : 4

Horizons ETFs Management (Canada) Inc. works very closely with reorganization departments at all the major brokerage firms to provide the complete and timely information required for these changes. However, in the normal course of business it may take 3-5 business days to update holdings for clients. Please call your brokerage firm with any questions and to confirm that your individual account has been updated.

As a general rule, a consolidation would occur with unit values at or lower than $4. Lower priced securities require a relatively higher number of shares to be traded to establish the same dollar value position. As a result, investors paying brokerage commissions on a per share basis would incur higher transaction costs. As well, brokerage firms typically will not allow securities trading at prices under $3 to be marginable.

A unit consolidation is the opposite of a unit split, where there is a reduction in the number of units and an accompanying increase in the unit price or net asset value (NAV), such that the value of holdings remains the same after the consolidation.

For example, if it was announced on July 6, 20XX, after the TSX closed for trading on Thursday, July 19, 20XX, the units of the following exchange traded fund would be consolidated on the basis of the ratio (the “Consolidation Ratio”) set out below, and begin trading on a consolidated basis on Friday, July 20, 20XX, the effective date of the consolidation:

ETF Ticker     Split Ratio
BetaPro Natural Gas Leveraged Daily Bull ETF HNU     1:10


Pre-consolidation:
Shares 1,000
NAV $2
Value $2,000

Post-consolidation:
Shares 100 (1000 ÷ 10)
NAV $20 ($2 x 10)
Value $2,000

In a 1:10 consolidation, every 10 units would be consolidated into a single unit. This means you will have one-tenth the number of HVU shares and the price of HVU will be multiplied by a factor of 10. Mathematically, this event will not impact the value of your investment in HVU. For example, if you had 100 shares prior to the consolidation, you now have 10 shares, both worth $2,000.

As a general rule of thumb, the decision to split units of an ETF would occur with unit values greater than or equal to $40. The split makes it easier for an investor to afford and trade 100 share “board lots.” Without the split, lower trading volumes may occur.

As its name implies, a unit split is when an ETF increases the number of outstanding units of the ETF at a particular ratio (such as 2 for 1), and decreases the net asset per unit of the ETF, by the inverse ratio. In a unit split, there is an increase in the number of units issued accompanied by a proportional decrease in the unit price (Net Asset Value), such that the value of holdings remains the same after the split.

Here’s an example:

If on Friday, May 4, 2015, at the end of the trading day for the TSX, it was announced that units of the following ETF would be split on the basis of the ratio (the “Split Ratio”) set out below, and began trading on a split adjusted basis on Monday, May 7, 2015. The split becomes effective on May 9, 2015, for unitholders of record on that date:

ETF Ticker Split Ratio
BetaPro Natural Gas Inverse Leveraged Daily Bear ETF HND 4:1

A 4:1 unit split means each unit will be split into four units. After the split, you will have four times the number of HND shares you had previously. Additionally, the price of HND will be divided by a factor of four. Mathematically, this will not impact the value of your investment in HND. For example, if you had 100 shares worth $2,000 prior to the split, you now have 400 shares that are still worth $2,000 post-split.

Pre-split:
Shares 100
NAV $20 (per share)
Value $2,000

Post-split on a 4:1 basis:
Shares 400 (100 x 4)
NAV $5 (per share) ($20 ÷ 4)
Value $2,000