BetaPro S&P/TSX Capped Energy 2x Daily Bull ETF (NRGU)

Profile

BetaPro S&P/TSX Capped Energy 2x Daily Bull ETF is a leveraged exchange-traded fund that provides investors with amplified exposure to Canadian energy companies. Launched in June 2007 and managed by Horizons ETFs Management (Canada) Inc., the fund seeks to deliver twice the daily performance of the S&P/TSX Capped Energy Index through the use of financial derivatives such as forwards. The fund focuses exclusively on energy sector stocks, with major holdings including Suncor Energy, Canadian Natural Resources, Cenovus Energy, and Tourmaline Oil. With an expense ratio of 2.61%, NRGU is designed for short-term trading rather than long-term buy-and-hold investing, as it only seeks to match its investment objective on a daily basis. The fund appeals to active traders and experienced investors seeking to capitalize on daily price movements within the Canadian energy sector. Investors gain leveraged exposure without requiring a margin account, offering a more controlled approach to amplified investing while maintaining exposure to Canada's energy market.