BetaPro Natural Gas Leveraged Daily Bull ETF T.HNU

Alternate Symbol(s): HNUZF

HNUs investment objective, is to seek daily investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to up to two times 200 Percentage the daily performance of the Horizons Natural Gas Rolling Futures Index the Underlying Index, Bloomberg ticker CMDYNGER. HNU is denominated in Canadian dollars. Any US dollar gains or losses as a result of HNUs investment are hedged back to the Canadian dollar to the best of its ability. The Fund To be successful in meeting its investment objective during the period, HNUs net asset value should have gained up to two times as much on a given day, on a percentage basis, as its Underlying Index rose on that given day. Conversely, HNUs net asset value should have lost up to two times as much on a given day, on a percentage basis, as its Underlying Index declined on that given day.

TSX:HNU - Post by User

BetaPro Natural Gas Leveraged Daily Bull ETF > 6 month comparison HNU vs NatGas prices

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Post by CrazyTraderon Oct 04, 2023 9:17am

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Post# 35668666

6 month comparison HNU vs NatGas prices

NatGas goes from about $2.00 to $3.00, up 50%.

HNU goes from about $15.24 to $13.02, Down 14.56%

August has come and gone, September has come and gone..... Only way HNU reaches $50 is probably through consolidation.

This is not a long term hold.

Charts say so.... and I already demonstrated the "MATH problem", the loss that occurs. Then you have the fact that ETF never take possession of the gas so they MUST roll-over (Must sell, Must buy).

All just my opinion/view/thinking

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