BetaPro Canadian Gold Miners -2x Daily Bear ETF (HZRZF)

이 페이지는 영어 원문에서 AI로 기계 번역되었습니다. 영어 버전이 기준입니다. 영어 버전 읽기

정보 제공만을 목적으로 합니다. 재정적 조언이 아닙니다.

빠른 답변

BetaPro Canadian Gold Miners -2x Daily Bear ETF (HZRZF) has a 2.22% expense ratio and $15M in assets under management.

BetaPro Canadian Gold Miners -2x Daily Bear ETF (HZRZF) ETF — Price, Holdings & Analysis

ETF 개요

HZRZF provides a leveraged inverse exposure to Canadian gold mining companies. The ETF aims to deliver twice the inverse of the daily performance of its underlying index, which tracks Canadian firms involved in gold production. The fund uses a market-cap-weighted approach, capping individual holdings at 25% to limit concentration. Due to its leveraged nature, HZRZF is designed for short-term tactical trading rather than long-term investment. It resets daily, meaning that its performance over periods longer than one day can deviate significantly from the stated 2x inverse objective. This ETF is best suited for sophisticated investors with a high-risk tolerance who actively monitor their positions and understand the complexities of leveraged ETFs. The fund's country exposure is heavily concentrated in 'Other' at 98.3%.

위험 지표

HZRZF carries significant risks due to its leveraged nature and sector concentration. As a 2x inverse ETF, it is designed for daily performance and is subject to the effects of compounding, which can lead to unexpected results over longer periods. The high expense ratio of 2.22% further erodes returns, especially if held for extended periods. The fund's focus on Canadian gold mining companies exposes it to sector-specific risks, such as fluctuations in gold prices, regulatory changes, and geopolitical events affecting the mining industry. The fund's small AUM of $0.01 billion may pose liquidity risks. Past performance does not guarantee future results.

운용보수율

2.22%

펀드는 어떻게 배분되어 있나요?

국가	비중
기타	98.3%

iShares Morningstar Small-Cap Growth ETF (JKK) — 0.06% expense ratio
ARK Innovation ETF (ARKK) — 0.75% expense ratio
Invesco QQQ Trust, Series 1 (QQQ) — 0.18% expense ratio
State Street Energy Select Sector SPDR ETF (XLE) — 0.08% expense ratio
WisdomTree Emerging Markets ESG Fund (DVEM) — 0.32% expense ratio
Goldman Sachs ActiveBeta Emerging Markets Equity ETF (GEM) — 0.59% expense ratio
State Street SPDR Dow Jones Industrial Average ETF Trust (DIA) — 0.16% expense ratio
State Street Technology Select Sector SPDR ETF (XLK) — 0.08% expense ratio

질문 및 답변

What is HZRZF and what does it track?

The BetaPro Canadian Gold Miners -2x Daily Bear ETF (HZRZF) is an exchange-traded fund that seeks to provide twice the inverse of the daily performance of an index composed of Canadian gold mining companies.

What is the expense ratio for HZRZF?

The expense ratio for HZRZF is 2.22%. This means that for every $10,000 invested in the fund, $222 is deducted annually to cover operating expenses.

This is considerably higher than the average expense ratio for equity ETFs, which is around 0.44%.

What are the top holdings in HZRZF?

As an inverse ETF, HZRZF does not directly hold positions in the underlying companies. Instead, it uses financial instruments to achieve its inverse exposure.

The underlying index that HZRZF tracks is designed to measure the performance of Canadian companies active in the gold mining industry. The fund is market-cap-weighted, with individual constituents capped at 25% of the index weight. The fund's country exposure is heavily concentrated in 'Other' at 98.3%.

Is HZRZF a good long-term investment?

HZRZF is generally not considered suitable for long-term investment due to its leveraged and inverse nature. The fund is designed to deliver twice the inverse of the daily performance of Canadian gold mining companies.

Due to the daily reset mechanism, its performance over periods longer than one day can deviate significantly from the stated objective.

How does HZRZF compare to similar ETFs?

HZRZF stands out from traditional gold mining ETFs due to its inverse and leveraged structure. Most gold mining ETFs provide direct exposure to gold mining companies, while HZRZF aims to deliver twice the inverse of their daily performance.

Its expense ratio of 2.22% is significantly higher than most unleveraged gold mining ETFs.

Does HZRZF pay dividends?

As a leveraged inverse ETF focused on gold miners, HZRZF is not structured to pay dividends. The fund's objective is to provide leveraged inverse exposure to the daily performance of its underlying index, rather than generating income.

Therefore, investors should not expect to receive dividend payments from HZRZF. Any potential returns would come from correctly anticipating and profiting from short-term declines in the Canadian gold mining sector.

면책 조항: 이 콘텐츠는 정보 제공만을 목적으로 하며 투자 조언을 구성하지 않습니다. 항상 자체 조사를 수행하고 재정 고문과 상담하십시오.

데이터는 정보 제공만을 목적으로 제공됩니다.

이 페이지는 기계가 작성했으며, 페이지별 사람 검수는 거치지 않았습니다. 편집 관리는 체계 차원에서 이루어집니다: 규칙과 출처를 점검하며, 개별 페이지는 점검하지 않습니다.