Overview
Description
BetaPro Silver 2x Daily Bull ETF is a leveraged exchange-traded fund designed to amplify the daily returns of its benchmark, specifically the silver futures market. Its primary aim is to provide investors with a tool for capitalizing on short-term price movements in silver. As a leveraged product, it offers twice the exposure to daily fluctuations, meaning if silver prices rise by 1% in a day, the ETF is structured to increase by approximately 2% before fees and expenses.
This ETF is particularly significant for traders and investors interested in tactical positioning in the precious metals sector, maximizing exposure without committing to direct futures contracts. It impacts industries reliant on silver, including electronics, jewelry, and as a hedge against inflation. Managed with derivatives and financial instruments, it caters to those with a high-risk tolerance looking to benefit from the potential upsides of silver price movements over short periods. With its daily rebalancing feature, it plays a crucial role for active traders aiming to capitalize on market momentum or execute hedging strategies in the volatile precious metals market.
About
Address
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Phone
416 933 5745
Website
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Instrument type
ETF
Country
Canada
MIC code
XTSE