BetaPro Gold Bullion 2x Daily Bull ETF
GLDU.TO
Toronto Stock Exchange- -
CAD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Leveraged
- Address
- 55 University Avenue, Suite 800 Toronto ON Canada M5J 2H7
- IPO Date
- Jan 23, 2008
- Website
- betapro.ca
- Similar Companies
- Business
- BetaPro Gold Bullion 2x Daily Bull ETF (GLDU.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 Solactive Gold Front Month MD Rolling Futures Index ER, providing leveraged exposure to gold futures for short-term trading and speculation on gold price movements without requiring a margin account. The ETF invests primarily in gold bullion futures contracts, such as Gold Bullion February 2026 futures, along with cash equivalents, derivatives including forwards, futures contracts, options on futures, swap agreements and options on securities and indices; it is denominated in Canadian dollars, listed on the Toronto Stock Exchange, eligible for all registered and non-registered accounts, and carries a high risk rating due to leverage and daily compounding effects that magnify gains and losses, with performance diverging from the benchmark over periods longer than one day. BetaPro Gold Bullion 2x Daily Bull ETF operates within the leveraged commodity ETF segment, targeting sophisticated traders and investors seeking tactical short-term exposure to gold bullion price fluctuations. Managed by Global X Investments Canada Inc., the ETF forms part of the BetaPro suite, Canada's leading provider of leveraged (up to 2x or 3x), inverse (-1x) and inverse-leveraged (up to -2x or -3x) ETFs offering daily amplified exposure to indices such as Nasdaq-100, S&P/TSX 60 and S&P 500; commodities including crude oil, natural gas and silver; and sectors like semiconductors and U.S. Treasuries, backed by Mirae Asset Financial Group with over $800 billion in global assets under management. The broader BetaPro offerings emphasize short-term tactical strategies using financial derivatives like forwards rather than physical commodities, with no distributions paid to date and periodic share splits or consolidations to maintain liquidity. In January 2025, the ETF underwent a significant ticker symbol change from HBU to GLDU effective January 20, 2025, as part of broader BetaPro rebranding and updates announced by Global X Investments Canada Inc., reflecting its alignment under the BetaPro by Global X brand. BetaPro expanded its suite in 2025 with Canada's first 3x and -3x leveraged/inverse ETFs targeting U.S. Treasuries, semiconductors, the S&P/TSX 60 and Russell 2000, alongside fee rebates to enhance competitiveness as the lowest-cost offerings of their kind globally during promotional periods. These launches build on BetaPro's pioneering history since launching the world's first leveraged commodity ETFs in 2008, with the GLDU ETF itself incepted on January 22, 2008; headquartered in Toronto, Ontario, Canada, via Global X Investments Canada Inc., a wholly-owned subsidiary of Mirae Asset, the ETFs primarily serve Canadian markets with global benchmark exposure.