BetaPro S&P/TSX 60 Daily Inverse ETF
CNDI.TO
Toronto Stock Exchange- -
CAD
- -
- -
- -
- -
(- -)
Recent
price
- -
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- BetaPro S&P/TSX 60 Daily Inverse ETF (CNDI.TO) is an exchange-traded fund that seeks daily investment results, before fees and expenses, corresponding to one times (100%) the inverse of the daily performance of the S&P/TSX 60 Index. The ETF provides investors with inverse exposure to the daily performance of Canada's largest 60 companies by market capitalization, enabling short strategies to profit from declines in large-cap Canadian equities across sectors including financials, energy, materials and information technology; it serves as a hedging tool for long positions in the index without requiring a margin account. Launched on March 4, 2009, and listed on the Toronto Stock Exchange, CNDI is managed by Global X Investments Canada Inc., a subsidiary of Mirae Asset Global Investments (formerly Horizons ETFs Management, founded in 2005 and headquartered in Toronto, Ontario), with net assets of approximately C$14.1 million as of December 2025. The fund employs derivatives such as swaps to achieve its objective, which is targeted for a single trading day and not over longer periods, and is eligible for registered and non-registered accounts with a management expense ratio of 1.97% and trading expense ratio of 0.20% as of June 30, 2025. In recent developments, the ETF transitioned from the ticker symbol HIX.TO to CNDI.TO, aligning with the migration of BetaPro ETFs to the dedicated platform betapro.ca to enhance information access and trading experience for investors; this rebranding supports the parent company's shift from Horizons ETFs to Global X Investments Canada Inc. Global X Investments Canada Inc. continues to expand its suite of over 100 ETFs, including thematic, enhanced growth, premium yield, asset allocation, covered call, equity essentials and precious metals products, with total assets under management exceeding C$40 billion. CNDI primarily targets sophisticated investors seeking tactical short-term positions or hedges in the Canadian equity market, with geographic exposure concentrated in Canada (98.51% of holdings as of October 31, 2025).