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HND

TSX
6.28000 CAD
0.81
11.42%
Last update Jun 27, 3:59 PM EDT
Market closed
Day range
6.24000
6.78000
Previous close
7.090000
Open
6.75
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Betapro Natural Gas Inverse ETF
6.28
0.81
11.42%

Overview

Description

The Betapro Natural Gas Inverse ETF is a financial instrument designed to deliver an inverse performance to the daily return of the Canadian dollar-denominated price of natural gas. Its primary function is to provide investors with an opportunity to profit from declines in natural gas prices, making it a strategic tool for those looking to hedge against or speculate on downward movements in the energy markets. As an inverse ETF, it is particularly popular among traders seeking to capitalize on short-term declines in natural gas prices without directly engaging in short selling. This ETF is particularly significant for its role in allowing investors to gain exposure to the natural gas market without engaging directly in the futures market, which can be complex and risky. It impacts industries sensitive to natural gas price fluctuations, including utilities, industrial sectors, and other energy-dependent industries. The Betapro Natural Gas Inverse ETF offers liquidity and accessibility, serving as a critical market tool for portfolio diversification and risk management. It stands out for its potential to amplify short-term returns in a declining market, underscoring its importance in the broader energy asset category.

About

Address
Phone
416 933 5745
Website
Instrument type
ETF
Country
Canada
MIC code
XTSE
Market closed

Exchange is currently closed (non-working day)
Pre-market opens in 2 days 4 hours 51 minutes

03:08
00:00
23:59

Trading Hours (Monday - Friday):

Pre-market
08:00 - 09:30
Main market
09:30 - 16:00
Post-market
16:00 - 17:00
All times are displayed in the America/Toronto timezone (EDT, UTC-04:00).