Overview
Description
The BetaPro Crude Oil 2x Daily Bull ETF is an exchange-traded fund that aims to provide investors with twice the daily performance of the crude oil futures market. Its primary purpose is to allow investors to capitalize on short-term bullish trends in crude oil prices through leveraged exposure. This ETF specifically targets the energy sector, offering a unique investment vehicle for those looking to benefit from price movements in crude oil without direct involvement in futures contracts. The fund is structured to double the daily return of its underlying index, making it a tool for investors to use in strategic, short-term trading strategies focused on crude oil. It plays a significant role in providing liquidity and price discovery in the ETF space, serving as an indicator for investor sentiment and volatility expectations in the energy commodity markets.
About
Address
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Phone
416 933 5745
Website
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Instrument type
ETF
Country
Canada
MIC code
XTSE