BetaPro Crude Oil Inverse Leveraged Daily Bear ETF (TSX: HOD)

Canada flag Canada · Delayed Price · Currency is CAD
6.75
-0.13 (-1.89%)
May 17, 2024, 3:59 PM EDT
-40.48%
Assets 61.74M
Expense Ratio 2.15%
PE Ratio n/a
Dividend (ttm) n/a
Dividend Yield n/a
Ex-Dividend Date n/a
Payout Frequency n/a
Payout Ratio n/a
1-Year Return -40.00%
Volume 335,816
Open 6.87
Previous Close 6.88
Day's Range 6.74 - 6.89
52-Week Low 5.81
52-Week High 12.98
Beta -3.28
Holdings 1
Inception Date Jan 15, 2008

About HOD

The fund inverse leveraged fund, like all geared products, is not a buy-and-hold investment, and should not be expected to provide index leverage return greater than a one-day period. The fund provides 2x inverse the return of a futures-based light sweet crude oil index on a daily basis. Daily compounding of returns can lead to the fund's returns varying significantly from the -2x exposure to the index over longer holding periods. Index returns reflect both the price changes on its front month futures contracts as well as any gain or loss from rolling those futures contracts. The fund manager could change the underlying futures contract exposure and rolling methodology in response to changing market conditions at its discretion.

Asset Class Commodities
Category Crude Oil
Stock Exchange TSX
Ticker Symbol HOD
Provider Global X
Index Tracked Solactive Light Sweet Crude Oil Front Month MD Rolling Futures Index - CAD

Performance

HOD had a total return of -40.00% in the past year. Since the fund's inception, the average annual return has been -17.74%, including dividends.