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BetaPro S&P 500® Daily Inverse ETF

HIU

Reasons to Consider HIU

Leveraged Short Exposure to U.S. Large-Cap Equities

HIU offers investors the inverse (opposite) exposure to the daily performance of the S&P 500® Index, providing a strategic tool to potentially profit from declines in the large-cap segment of the U.S. stock market.

Target Level Exposure Without Margin

HIU allows investors to gain leveraged short exposure to large-cap U.S. equities without the need for a margin account, mitigating the risks associated with margin trading while still accessing amplified performance and offering a more controlled approach to leveraged investing.

Acting Hedge

HIU can serve as an effective hedging tool for investors with long positions in the S&P 500®, allowing them to hedge out daily or short-term market risk on their holdings. By providing inverse exposure to large-cap U.S. equities, HIU helps investors mitigate potential losses during market downturns, thereby protecting their investment portfolios and preserving capital.

Investment Objective

HIU seeks daily investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to one times (100%) the inverse (opposite) of the daily performance of the S&P 500®. Any U.S. dollar gains or losses as a result of the ETF’s investment will be hedged back to the Canadian dollar to the best of its ability.

NAV

$11.62

$0.0226

0.19%

Volume

36,835

Price

$11.61

$0.01

0.09%

Last Close

$11.60

Prices delayed by 15 minutes.

Last Trade: June 21, 2024
Alternatives
Equity
Leveraged & Inverse
U.S.
BetaPro

Risk Rating:

Medium

Product Details

Fund Details

Ticker

HIU

CUSIP

08660P108

Inception Date

February 3, 2010

Net Assets

$20,399,610 As at June 21, 2024

Consolidated Prior Day Volume

46,314

Average Daily Trading Volume Over a 12 Month Period

50,452

Exchange

Toronto Stock Exchange

Investment Manager

Global X Investments Canada Inc.

Eligibility

All Registered and Non-Registered Investment Accounts

Bloomberg Index Ticker

SPXT

Management Fee

1.15% (Plus applicable sales tax)

Management Expense Ratio

1.57% As at December 31, 2023

Trading Expense Ratio

0.40% As at December 31, 2023

Currency

CAD

Currency Hedging

Seeks to hedge the U.S. dollar value of its portfolio to the Canadian dollar at all times

LEI

549300QN45KTTDFEV668

Price and NAV

As at June 21, 2024

NAV / Unit

$11.62

Closing Price

$11.63

Premium Discount

$0.01

Premium Discount Percentage

0.05%

Outstanding Shares

1,755,000

The NAV chart above only shows the historical daily net asset value per unit (NAV) of the ETF, and identifies the various distributions made by the ETF, if any. The distributions are not treated as reinvested, and it does not take into account sales, redemption, distribution or optional charges or income taxes payable by any security holder. The NAV values do contemplate management fees and other fund expenses. The chart is not a performance chart and is not indicative of future NAV values which will vary.

The Growth of 10K chart above is based on the historical daily net asset value per unit (NAV) of the ETF, and represents the value of an initial investment into the ETF of $10,000 since its inception, on a total return basis. Distributions, if any, are treated as reinvested, and it does not take into account sales, redemption, distribution or optional charges or income taxes payable by any security holder. The NAV values do contemplate management fees and other fund expenses where paid by the fund. The chart is not a performance chart and is not indicative of future value which will vary.

Annualized Performance (%)

dates

1 mo 3 mo 6 mo YTD 1 yr 3 yr 5 yr 10 yr SIR*
BetaPro S&P 500® Daily Inverse ETF -4.08 -1.94 -10.76 -7.30 -16.02 -7.06 -14.83 -12.58 -13.76

*Fund performance since inception on February 3, 2010, as at May 31, 2024

Calendar Year Performance (%)

dates

2016 2017 2018 2019 2020 2021 2022 2023
BetaPro S&P 500® Daily Inverse ETF -12.60 -18.49 3.44 -23.31 -24.65 -24.45 18.88 -15.50

Top Sector Allocations

As at May 31, 2024

Category

Weight

Information Technology

30.58%

Financials

12.90%

Health Care

11.98%

Consumer Goods

9.85%

Communication Services

9.28%

Industrial Services

8.54%

Consumer Service

6.02%

Energy

3.86%

Utilities

2.48%

Materials

2.32%

Holdings are subject to change. The complete list will soon be available.

Top Holdings

As at May 31, 2024

Security Name

Weight

Microsoft Corp

6.96%

Apple Inc

6.30%

NVIDIA Corp

6.11%

Alphabet Inc Cl A

4.23%

Amazon.com Inc

3.64%

Meta Platforms Inc Cl A

2.32%

Berkshire Hathaway Inc Cl A

1.70%

Eli Lilly and Co

1.48%

Broadcom Inc

1.32%

JPMorgan Chase & Co

1.32%

Holdings are subject to change.

Commissions, management fees, and expenses all may be associated with an investment in products (the "Global X Funds") managed by Global X Investments Canada Inc. The Global X Funds are not guaranteed, their values change frequently and past performance may not be repeated. Certain Global X Funds may have exposure to leveraged investment techniques that magnify gains and losses which may result in greater volatility in value and could be subject to aggressive investment risk and price volatility risk. Such risks are described in the prospectus. The Global X Money Market Funds are not covered by the Canada Deposit Insurance Corporation, the Federal Deposit Insurance Corporation, or any other government deposit insurer. There can be no assurances that the money market fund will be able to maintain its net asset value per security at a constant amount or that the full amount of your investment in the Funds will be returned to you. Past performance may not be repeated. The prospectus contains important detailed information about the Global X Funds. Please read the relevant prospectus before investing.

Global X Investments Canada Inc. ("Global X") is a wholly owned subsidiary of Mirae Asset Global Investments Co., Ltd. ("Mirae Asset"), the Korea-based asset management entity of Mirae Asset Financial Group. Global X is a corporation existing under the laws of Canada and is the manager, investment manager and trustee of the Global X Funds.

© 2024 Global X Investments Canada Inc. All Rights Reserved.