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BetaPro Equal Weight Canadian REIT -2x Daily Bear ETF (HRED : TSX)

Passive Inverse/Leveraged

Close
(04-18-2024)
$17.30
Change
$0.35 (2.06%)
Open $17.36
Day Range $17.30 - $17.36
Volume 18,600

As at March 31, 2024

Period
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Legend

BetaPro Equal Weight Canadian REIT -2x Daily Bear ETF

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Fund Returns

Inception Return (September 01, 2021): 8.24%

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 -5.10% 1.68% -16.35% 1.68% 4.28% 18.95% - - - - - - - -
Benchmark 4.14% 6.62% 15.26% 6.62% 13.96% 3.95% 9.11% 16.99% 9.96% 9.65% 8.48% 9.70% 7.76% 7.67%
Category Average 0.49% -1.07% -1.07% -0.44% -3.57% -2.53% -5.20% -5.21% -6.72% -5.94% -6.55% -7.09% -6.99% -6.88%
Category Rank 16 / 26 12 / 26 17 / 26 12 / 26 10 / 26 2 / 24 - - - - - - - -
Quartile Ranking 3 2 3 2 2 1 - - - - - - - -

Monthly Return

Monthly Return
Return % Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Fund 2.12% 6.23% 0.14% -4.22% 6.28% 12.73% 15.12% -13.94% -16.96% 0.60% 6.51% -5.10%
Benchmark 2.90% -4.95% 3.36% 2.58% -1.37% -3.33% -3.21% 7.48% 3.91% 0.55% 1.82% 4.14%

Best Monthly Return Since Inception

23.19% (June 2022)

Worst Monthly Return Since Inception

-17.10% (January 2023)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - - - - - - 34.55% -0.42%
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 - - - - - - - - 1 2
Category Rank - - - - - - - - 3/ 24 9/ 26

Best Calendar Return (Last 10 years)

34.55% (2022)

Worst Calendar Return (Last 10 years)

-0.42% (2023)

Asset Allocation

Sector Allocation

Geographic Allocation

Top Holdings

Equity Style

Equity style data not available

Fixed Income Style

Fixed income style data not available

Risk vs Return (3 Yr)

3 Yr Annualized

Standard Deviation - - -
Beta - - -
Alpha - - -
Rsquared - - -
Sharpe - - -
Sortino - - -
Treynor - - -
Tax Efficiency - - -
Volatility - - -

Risk Rating

Rating Not Available

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation - - - -
Beta - - - -
Alpha - - - -
Rsquared - - - -
Sharpe - - - -
Sortino - - - -
Treynor - - - -
Tax Efficiency - - - -

Fund Details

Start Date September 01, 2021
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 $21.67
52 Week Low $14.68
Annual Dividend -
Annual Yield -
Index -
Shares Outstanding -
Registered Plan Eligible Yes

ETF Characteristics

Exposure -
Asset Class High -
Asset Class Medium -
Asset Class Low -
Leveraged -
Inverse -
Advisor Series -
Covered Call Strategy No

Investment Objectives

HRED 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 Solactive Equal Weight Canada REIT Index.

Investment Strategy

In order to achieve its investment objective, each Double ETF may invest all or a portion of its portfolio in equity securities, interest bearing accounts and T-Bills and/or other financial instruments, including derivatives such as futures contracts, options on futures contracts, forward contracts, swap agreements, options on securities and indices, or any combination of the foregoing. None of the Double Commodity ETFs invests in the physical spot commodity market.

Portfolio Manager(s)

Name Start Date
Horizons ETFs Management (Canada) Inc. 08-26-2021

Management and Organization

Fund Manager Horizons ETFs Management (Canada) Inc.
Advisor Horizons ETFs Management (Canada) Inc.
Custodian CIBC Mellon Trust Company
Registrar TSX Trust Company
Distributor -
Auditor KPMG LLP

Fees

MER 1.64%
Management Fee 1.15%

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