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HSU.TO - BetaPro S&P 500 2x Daily Bull ETF

HSU is Global X Canada’s daily-reset leveraged S&P 500 sleeve, targeting about 2x the index’s one-day move before fees and hedging costs.

Equity Efficiency:ACapital Efficiency grades how well this ETF delivers equity-side returns relative to the capital and beta it uses, with SPY as the B baseline. Leveraged ETFs score higher when they free up capital for an alpha sleeve. Long/short and factor ETFs are graded on excess return versus SPY, net of costs. HSU is a 2x daily S&P 500 leverage sleeve in CAD. Capital efficiency reflects realized excess return versus a broad U.S. equity benchmark after compounding drag and financing costs.

HSU price history

Range
+39.60%
Total return (1Y)
HSU.TO

Total return (Yahoo adjusted close—dividends and splits per Yahoo), normalized to $10,000 at first available trade date. Educational only.

Strategy

HSU uses derivatives and financing tools to target roughly 200% of the S&P 500 on a daily basis. The daily reset matters: multi-day outcomes can diverge materially from 2x simple index return, especially in volatile, mean-reverting tape.

The fund is CAD listed and historically includes currency-hedging mechanics in its structure; compounding drag, financing spread, and path dependence are the core drivers to monitor versus a plain broad-market ETF.

Manager and Issuer Pedigree

Global X Investments Canada (formerly Horizons ETFs Management) is one of Canada’s larger ETF issuers. BetaPro daily leverage, enhanced-beta (~1.25×), and related fund-of-funds sleeves share the same listed-derivatives and operational infrastructure.

The sponsor operates under Mirae Asset’s global platform, which supports futures-based implementation at scale. Path risk, financing drag, and index concentration still come from the strategy, not from issuer size.

Outperformance

Outperforms in persistent uptrends with contained volatility, when daily compounding can reinforce directional gains and 2x exposure captures strong beta environments.

Underperforms in choppy, high-volatility ranges because path dependence and volatility drag accumulate quickly.

Similar ETFs

TickerNameScoreMERAUM
HSUBetaPro S&P 500 2x Daily Bull ETFA1.50%~$170M CAD
HEQLGlobal X Enhanced All-Equity Asset Allocation ETFB+0.45%~$19M CAD
HQUBetaPro NASDAQ-100 2x Daily Bull ETFA+1.44%~$400M CAD
QQQLGlobal X Enhanced NASDAQ-100 Index ETFA+0.50%~$180M CAD
USSLGlobal X Enhanced S&P 500 Index ETFA0.50%~$250M CAD

Official ETF page

Read the official ETF page for current NAV, holdings, and documents: Global X Canada (HSU).

Beta and MER may not be accurate.
Educational content only; not investment advice. Past performance does not guarantee future results.