Overview
Description
BetaPro Crude Oil Leveraged Daily Bull ETF is an exchange-traded fund that provides investors with a leveraged approach to gaining exposure to crude oil price movements. Its primary function is to deliver up to twice (200%) the daily performance of a rolling crude oil futures index, allowing participants to amplify returns linked to short-term price increases in the crude oil market. This is accomplished through the use of derivatives, primarily futures contracts based on light sweet crude oil, without requiring investors to engage in margin trading directly.
The ETF is designed for tactical, short-term trading rather than long-term investment, making it a tool favored by active traders seeking to capitalize on daily fluctuations in crude oil prices. It holds a highly concentrated portfolio, typically focused on the nearest month’s crude oil futures contract, and actively manages leverage to maintain its targeted exposure. The fund’s structure, risk profile, and daily reset make it unsuitable as a buy-and-hold vehicle, but it plays a significant role in enabling liquidity and price discovery in energy-related sectors and derivative markets. Managed by a specialized ETF provider, it integrates robust risk management and aims to provide transparency regarding expenses and daily net asset value movements.
About
Address
1111 Louisiana Street
Houston, 77002, TX
United States
Houston, 77002, TX
United States
Phone
713 207 1111
Website
Instrument type
ETF
Country
Canada
MIC code
XTSE