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BetaPro ETFs
A 3x daily inverse Canadian fund: resets daily, built for short holding periods. Fee 0.65% a year.
Funds of this type differ on a small set of facts. Where this fund sits on each:
Leveraged inverse exposure to S&P/TSX 60 Index. This fund is built for amplified inverse daily moves. Daily reset and compounding can produce longer-period results that differ materially from a simple opposite multiple of the reference market.
Top holding: Royal Bank of Canada 10.4% (tilted) · Top sector: Financials 42.4% (sector-tilted) · Top region: Canada 99.1% (single-country)
Financials 42.4%·Energy 16.9%·Materials 12.8%·Technology 8.2%·Industrials 7.5%·Other 4.8%·Other (locked) 7.1%
Canada 99.1%·United States 0.6%
Look-through via underlying funds.
The management fee was 0.65% a year, or about $65 for every $10,000 held. Daily-reset leverage adds borrowing and derivative costs that are reflected in the fund's returns rather than in this fee. Trading spreads are separate from this fee. This is the management fee as published by the provider; the total expense ratio can be slightly higher once fund operating costs are added.
How durable the fund is, and what moved its price.
| Assets | $2M· net assets |
| Listed | 2025· 0 years of history |
| Leverage / overlay | 3x inverse (daily reset) |
What moved the price
| Ticker | SCND.TO |
| Exchange | TSX |
| Currency | CAD |
| FX strategy | CAD-hedged |
| Asset class | Equity |
| Structure | Inverse |
| Theme | Broad Market |
| Geography | Canada |
| Index tracked | S&P/TSX 60 Index |
| Provider | BetaPro ETFs |
| Mgmt fee | 0.65% |
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Prices as of last close.
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