BETAPRO EQL WGT CDN REIT 2X DLY BUL ETF SHSBETAPRO EQL WGT CDN REIT 2X DLY BUL ETF SHSBETAPRO EQL WGT CDN REIT 2X DLY BUL ETF SHS

BETAPRO EQL WGT CDN REIT 2X DLY BUL ETF SHS

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Key stats


Assets under management (AUM)
‪1.14 M‬CAD
Fund flows (1Y)
‪−1.75 M‬CAD
Dividend yield (indicated)
Discount/Premium to NAV
0.07%
Shares outstanding
‪70.00 K‬
Expense ratio
3.00%

About BETAPRO EQL WGT CDN REIT 2X DLY BUL ETF SHS


Issuer
Mirae Asset Global Investments Co., Ltd.
Brand
BetaPro
Home page
Inception date
Sep 1, 2021
Structure
Canadian Mutual Fund Corporation (ON)
Index tracked
Solactive Equal Weight Canada REIT Index - CAD
Management style
Passive
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Primary advisor
Global X Investments Canada, Inc.
The fund provides daily 2x exposure to an index of major real estate investment trusts (REITs) that are traded on the Toronto Stock Exchange. A committee composed of Solactive AG staff decides on the selection of the funds constituents, considering the companies meet certain market-cap and liquidity requirements. The index is equal-weighted and is rebalanced semi-annually in March and September. As a leveraged product with a 2x factor that resets daily, HRUE is not a buy-and-hold investment and should not be expected to provide index leverage return greater than a one-day period.

Classification


Asset Class
Equity
Category
Sector
Focus
Real estate
Niche
REITs
Strategy
Equal
Geography
Canada
Weighting scheme
Equal
Selection criteria
Market cap
What's in the fund
Exposure type
Bonds, Cash & Other
Cash
Bonds, Cash & Other100.00%
Cash108.69%
Miscellaneous−8.69%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Broaden your horizons with more funds linked to RITU via country, focus, and more.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
RITU trades at 15.60 CAD today, its price has fallen −0.98% in the past 24 hours. Track more dynamics on RITU price chart.
RITU net asset value is 15.61 today — it's risen 8.32% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
RITU assets under management is ‪1.14 M‬ CAD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
RITU price has risen by 20.57% over the last month, and its yearly performance shows a 10.01% increase. See more dynamics on RITU price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 8.32% over the last month, showed a 2.42% increase in three-month performance and has increased by 11.92% in a year.
RITU fund flows account for ‪−1.75 M‬ CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
RITU invests in cash. See more details in our Analysis section.
RITU expense ratio is 3.00%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
Yes, RITU is a leveraged ETF, meaning it uses borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, RITU technical analysis shows the buy rating and its 1-week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating RITU shows the buy signal. See more of RITU technicals for a more comprehensive analysis.
No, RITU doesn't pay dividends to its holders.
RITU trades at a premium (0.07%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
RITU shares are issued by Mirae Asset Global Investments Co., Ltd.
RITU follows the Solactive Equal Weight Canada REIT Index - CAD. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Sep 1, 2021.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.
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