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17.83000 CAD
1.04
5.51%
Last update Sep 11, 3:59 PM EDT
Main market
Day range
17.79000
18.97000
Previous close
18.87000
Open
18.70000
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Betapro Natural Gas Leveraged ETF
17.83
1.04
5.51%

Overview

Description

The Betapro Natural Gas Leveraged ETF is a financial instrument designed to provide investors with leveraged exposure to the performance of natural gas. This exchange-traded fund seeks to replicate, before fees and expenses, a multiple of the daily performance of the Solactive Natural Gas Commodity Index ER. It allows investors to gain amplified returns based on natural gas price movements, making it a highly sensitive asset that can be influenced by various market factors such as supply and demand dynamics, geopolitical events, and seasonal weather patterns. Primarily used by traders and speculators, this ETF is a powerful tool for those looking to capitalize on short-term market trends. It impacts industries heavily reliant on natural gas, such as utilities and manufacturing sectors, which often take cues from price fluctuations driven by ETFs like this. The Betapro Natural Gas Leveraged ETF plays a significant role in providing liquidity and price discovery in the energy sector's derivative markets, acting as a dynamic vehicle for managing investment strategies or hedging portfolios against natural gas volatility. Given its leverage, this ETF requires sophisticated understanding of its mechanisms and inherent risks.

About

Address
Phone
416 933 5745
Website
Instrument type
ETF
Country
Canada
MIC code
XTSE
Main market

Exchange is currently active.
Closing in 47 minutes

15:12
00:00
09:30
16:00
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).