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BetaPro Gold Bullion -2x Daily Bear ETF (GLDD : TSX)

Passive Inverse/Leveraged

Close
(02-07-2025)
$22.50
Change
-$0.10 (-0.44%)
Open $22.24
Day Range $22.22 - $22.65
Volume 915

As at December 31, 2024

Period
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Legend

BetaPro Gold Bullion -2x Daily Bear ETF

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Fund Returns

Inception Return (January 22, 2008): -17.13%

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 2.52% 1.31% -19.52% -34.50% -34.50% -25.75% -18.48% -14.21% -20.40% -21.87% -18.47% -19.20% -19.45% -16.47%
Benchmark -3.27% 3.76% 14.71% 21.65% 21.65% 16.60% 8.58% 12.49% 11.08% 12.96% 9.55% 9.49% 10.72% 8.65%
Category Average -0.45% -2.01% -2.01% -3.73% -3.73% -3.60% -3.17% -5.07% -6.15% -6.43% -5.90% -6.44% -6.90% -6.88%
Category Rank - - - - - - - - - - - - - -
Quartile Ranking - - - - - - - - - - - - - -

Monthly Return

Monthly Return
Return % Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Fund 2.21% 1.21% -14.33% -6.07% -2.20% -0.03% -7.56% -4.68% -9.84% -6.79% 6.01% 2.52%
Benchmark 0.55% 1.82% 4.14% -1.82% 2.77% -1.42% 5.87% 1.22% 3.15% 0.85% 6.37% -3.27%

Best Monthly Return Since Inception

44.55% (October 2008)

Worst Monthly Return Since Inception

-25.03% (November 2008)

Calendar Return (%)

Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund 15.87% -21.37% -24.16% 5.24% -28.82% -40.98% -0.02% -1.75% -15.82% -34.50%
Benchmark -8.32% 21.08% 9.10% -8.89% 22.88% 5.60% 25.09% -5.84% 11.75% 21.65%
Category Average -6.71% -10.52% -10.14% -2.68% -7.78% -10.37% -10.54% -2.30% -3.46% -3.73%
Quartile Ranking - - - - - - - - - -
Category Rank - - - - - - - - - -

Best Calendar Return (Last 10 years)

15.87% (2015)

Worst Calendar Return (Last 10 years)

-40.98% (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 Gold Bullion -2x Daily Bear ETF

Median

Other - Passive Inverse/Leveraged

3 Yr Annualized

Standard Deviation 25.11% 26.97% 26.47%
Beta -0.59% -0.32% -0.19%
Alpha -0.12% -0.15% -0.13%
Rsquared 0.11% 0.04% 0.01%
Sharpe -0.83% -0.79% -0.60%
Sortino -0.93% -0.97% -0.80%
Treynor 0.35% 0.67% 0.85%
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 20.57% 25.11% 26.97% 26.47%
Beta -0.42% -0.59% -0.32% -0.19%
Alpha -0.31% -0.12% -0.15% -0.13%
Rsquared 0.04% 0.11% 0.04% 0.01%
Sharpe -2.14% -0.83% -0.79% -0.60%
Sortino -1.91% -0.93% -0.97% -0.80%
Treynor 1.04% 0.35% 0.67% 0.85%
Tax Efficiency 100.00% 100.00% 100.00% 100.00%

Fund Details

Start Date January 22, 2008
Instrument Type Exchange Traded Fund (Alternative)
Share Class Do-It-Yourself
Legal Status Corporation
Sales Status Open
Currency CAD
Distribution Frequency No Distribution
Assets ($mil) -
52 Week High $44.00
52 Week Low $22.22
Annual Dividend -
Annual Yield -
Index Solactive Gold Front Month MD Rolling Futures Index ER
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 COMEX Gold 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 COMEX gold futures contract for the next delivery month. The HBP COMEX Gold Bear+ ETF is denominated in Canadian dollars.

Investment Strategy

The HBP COMEX Gold Bear + ETF takes positions in equity securities and/or other financial instruments that, in combination, should have similar daily return characteristics as two times (200%) the inverse (opposite) of the daily performance of the rolling COMEX gold futures contract for the next delivery month, including futures or swaps that refer to a different contract other than the benchmark.

Portfolio Manager(s)

Name Start Date
Global X Investments Canada Inc. 07-31-2020

Management and Organization

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

Fees

MER 1.99%
Management Fee 1.15%

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