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BetaPro S&P 500 -2x Daily Bear ETF (HSD : TSX)

Passive Inverse/Leveraged

Close
(12-06-2024)
$14.64
Change
-$0.06 (-0.41%)
Open $14.65
Day Range $14.58 - $14.67
Volume 54,654

As at October 31, 2024

Period
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Legend

BetaPro S&P 500 -2x Daily Bear ETF

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Fund Returns

Inception Return (June 17, 2008): -26.49%

Fund Returns
Row Heading Return Annualized Return
1 Mth 3 Mth 6 Mth YTD 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 6 Yr 7 Yr 8 Yr 9 Yr 10 Yr
Fund 2.57% -5.41% -19.85% -26.30% -42.36% -29.00% -15.23% -27.21% -30.00% -29.29% -27.48% -28.53% -27.02% -26.01%
Benchmark 0.85% 5.30% 12.95% 18.24% 32.06% 15.16% 8.05% 15.02% 11.33% 11.65% 9.36% 9.62% 9.96% 8.41%
Category Average 0.05% -2.14% -2.14% -2.30% -2.53% -3.20% -3.73% -3.23% -6.20% -5.75% -5.97% -6.56% -6.96% -6.58%
Category Rank 7 / 26 15 / 26 17 / 26 19 / 26 19 / 26 21 / 26 16 / 24 14 / 22 14 / 22 14 / 22 14 / 22 15 / 22 15 / 22 16 / 22
Quartile Ranking 2 3 3 3 3 4 3 3 3 3 3 3 3 3

Monthly Return

Monthly Return
Return % Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct
Fund -15.34% -7.62% -2.39% -9.17% -5.30% 9.52% -8.32% -5.92% -1.76% -4.29% -3.64% 2.57%
Benchmark 7.48% 3.91% 0.55% 1.82% 4.14% -1.82% 2.77% -1.42% 5.87% 1.22% 3.15% 0.85%

Best Monthly Return Since Inception

23.90% (October 2008)

Worst Monthly Return Since Inception

-24.66% (April 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund -26.53% -10.23% -24.24% -33.21% 3.92% -42.27% -49.26% -43.33% 32.43% -31.90%
Benchmark 10.55% -8.32% 21.08% 9.10% -8.89% 22.88% 5.60% 25.09% -5.84% 11.75%
Category Average -5.15% -6.71% -10.52% -10.14% -2.68% -7.78% -10.37% -10.54% -2.30% -3.46%
Quartile Ranking 4 3 3 4 2 4 3 4 1 4
Category Rank 17/ 22 12/ 22 15/ 22 20/ 22 8/ 22 18/ 22 16/ 22 17/ 22 4/ 24 24/ 26

Best Calendar Return (Last 10 years)

32.43% (2022)

Worst Calendar Return (Last 10 years)

-49.26% (2020)

Asset Allocation

Sector Allocation

Geographic Allocation

Top Holdings

Equity Style

Equity style data not available

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

BetaPro S&P 500 -2x Daily Bear ETF

Median

Other - Passive Inverse/Leveraged

3 Yr Annualized

Standard Deviation 33.85% 33.20% 28.39%
Beta -2.13% -1.68% -1.75%
Alpha 0.08% -0.09% -0.10%
Rsquared 0.71% 0.63% 0.61%
Sharpe -0.42% -0.96% -0.96%
Sortino -0.57% -1.18% -1.22%
Treynor 0.07% 0.19% 0.16%
Tax Efficiency 100.00% 100.00% 100.00%
Volatility Volatility rating is 10 on a scale of 1 to 10 Volatility rating is 10 on a scale of 1 to 10 Volatility rating is 10 on a scale of 1 to 10

Risk Rating

Rating 10 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 21.53% 33.85% 33.20% 28.39%
Beta -1.41% -2.13% -1.68% -1.75%
Alpha -0.11% 0.08% -0.09% -0.10%
Rsquared 0.39% 0.71% 0.63% 0.61%
Sharpe -2.61% -0.42% -0.96% -0.96%
Sortino -2.26% -0.57% -1.18% -1.22%
Treynor 0.40% 0.07% 0.19% 0.16%
Tax Efficiency - 100.00% 100.00% 100.00%

Fund Details

Start Date June 17, 2008
Instrument Type Exchange Traded Fund (Alternative)
Share Class Do-It-Yourself
Legal Status Corporation
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) -
52 Week High $24.65
52 Week Low $14.58
Annual Dividend -
Annual Yield -
Index S&P 500 Index
Shares Outstanding -
Registered Plan Eligible Yes

ETF Characteristics

Exposure 2x inverse of daily performance
Asset Class High -
Asset Class Medium -
Asset Class Low -
Leveraged -
Inverse -
Advisor Series -
Covered Call Strategy No

Investment Objectives

The HBP S&P 500 Bear+ ETF 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 the S&P 500. The HBP S&P 500 Bear+ ETF 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 the ETF's ability.

Investment Strategy

HBP S&P 500 Bear+ ETF invests in financial instruments that have similar daily return characteristics as two times (200%) the inverse (opposite) of the daily performance of the S&P 500. In order to achieve this objective, the total underlying notional value of these instruments will typically not exceed two times the total assets of the ETF. As such, the HBP S&P 500 Bear + ETF will employ leverage.

Portfolio Manager(s)

Name Start Date
JovInvestment Management Inc 06-17-2008

Management and Organization

Fund Manager Global X Investments Canada Inc.
Advisor JovInvestment Management Inc
Custodian CIBC Mellon Trust Company
Registrar TSX Trust Company
Distributor -
Auditor KPMG LLP

Fees

MER 1.50%
Management Fee 1.15%

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