BetaPro S&P/TSX 60 2x Daily Bull ETF
CNDU.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 2x Daily Bull ETF (CNDU.TO) is an exchange-traded fund that seeks daily investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, corresponding to two times (200%) the daily performance of the S&P/TSX 60 Index; it does not aim to achieve its investment objective over periods greater than one day. The ETF provides leveraged exposure to large-cap Canadian equities represented by the benchmark index, utilizing financial instruments such as forward agreements, cash held for collateral, and other derivatives; its portfolio typically includes top holdings like Royal Bank of Canada, Shopify Inc., and Toronto-Dominion Bank, with sector allocations emphasizing financials (37.46%), energy (16.10%), and materials (14.07%) as of November 2025. Domiciled in Canada and listed on the Toronto Stock Exchange, the ETF targets sophisticated investors pursuing short-term tactical strategies with high risk tolerance, offering eligibility in registered and non-registered accounts without requiring a margin account. Managed by Global X Investments Canada Inc. (formerly Horizons ETFs Management (Canada) Inc. and BetaPro Management Inc.), headquartered at 55 University Avenue, Toronto, Ontario, the ETF was incepted on January 8, 2007 (with trading starting January 9, 2007), and forms part of BetaPro's suite of leveraged, inverse, and inverse leveraged ETFs focused on equity indices, commodities, and sectors. The manager, a subsidiary ultimately owned by Mirae Asset Global Investments, oversees operations across Canada with net assets of approximately CAD$67.56 million as of December 16, 2025, a management fee of 1.15%, and a management expense ratio of 1.61% as of June 30, 2025. In a significant recent development, effective January 20, 2025, the ETF's ticker symbol changed from HXU to CNDU, while retaining its investment objective, strategy, and name; this update was announced by Global X Investments Canada Inc. to align with branding initiatives. The rebranding reflects broader corporate evolution, including the manager's name change from Horizons ETFs to Global X Investments Canada Inc. on May 1, 2024, positioning it as Canada's leading provider of leveraged and inverse ETFs with over CAD$30 billion in assets under management as of April 2023. No major acquisitions, funding rounds, or new product launches specific to CNDU were reported in the last 1-2 years, though the firm continues expanding its 3x daily leveraged ETF offerings across indices like S&P/TSX 60, S&P 500, Nasdaq-100, and semiconductors.