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Cboe Canada Lists New BetaPro ETFs from Global X, Offering 3x Leveraged and Inverse Market Exposure

Cboe Canada Inc. (“Cboe Canada”) is pleased to announce the launch of four new BetaPro ETFs from Global X Investments Canada Inc. (“Global X”). Now trading on Cboe Canada under the symbols SOXL, SOXS, TTLT and STLT, the new funds are designed to provide magnified (leveraged) or inverse exposure to the daily performance of a specific index, commodity, or sector.

“Today marks another exciting first on Cboe Canada with these launches from BetaPro by Global X,” said Victor Werny, Head of North American ETP Listings at Cboe Global Markets. “We’re proud to expand our partnership with BetaPro by Global X, a recognized leader in delivering cutting-edge, accessible investment solutions that meet the evolving needs of today’s investors.”

The four ETFs launched by Global X and their daily investment objectives are as follows:

The BetaPro 3x Semiconductor Daily Leveraged Bull Alternative ETF (SOXL) is designed to provide 300% of the daily performance of the underlying NYSE Semiconductor Index, while the BetaPro -3x Semiconductor Daily Leveraged Bear Alternative ETF (SOXS) is designed to provide 300% of the inverse of the daily performance of the NYSE Semiconductor Index.

Similarly, the BetaPro 3x US Treasury 20+ Year Daily Leveraged Bull Alternative ETF (TTLT) is designed to provide 300% of the daily performance of the ICE US Treasury 20+ Year Bond Index, while the BetaPro -3x US Treasury 20+ Year Daily Leveraged Bear Alternative ETF (STLT) is designed to provide 300% of the inverse of the daily performance of the ICE US Treasure 20+ Year Bond Index.

Currency movements can introduce unwanted noise and reduce the precision of tactical trades. The new ETFs employ currency hedging to seek to neutralize U.S. dollar exposure, providing performance that may more accurately reflect the underlying U.S. indices.

“When taking a high-conviction position within a volatile sector or asset class, the last thing sophisticated Canadian traders want to see is their expectations and returns distorted by currency fluctuations,” said Chris McHaney, Executive Vice President, Investment Management & Strategy at Global X. “The BetaPro 3X and -3X ETFs stand apart from the competition on this key differentiator with a built-in currency hedge structure, which helps to neutralize U.S. dollar movements. That means the potential for a better trading experience for Canadians.”

Investors can trade units of all BetaPro by Global X ETFs through their usual investment channels, including discount brokerage platforms and full-service dealers. Click here for a complete view of all Cboe-listed securities in Canada.

Cboe Canada is home to ETFs from Canada’s largest ETF issuers, over 120 Canadian Depositary Receipts (CDRs), and some of the most innovative Canadian and international growth companies. Cboe consistently facilitates 20% of all volume traded in Canadian ETFs.

About Cboe Canada

Cboe Canada is a senior stock exchange providing a best-in-class listing experience for issuers that are shaping the economies of tomorrow. Fully operational since 2015, Cboe Canada lists investment products and companies seeking an internationally recognized stock exchange that enables investor trust, quality liquidity, and broad awareness including unfettered access to market data.

Cboe Canada is part of Cboe Global Markets, the leading securities and derivatives exchange network. With exchanges in North America, Europe, and Asia Pacific, Cboe is harnessing its footprint around the world to equip Issuers with essential capital market solutions.

Cboe powers ETF Market Canada, a user-friendly platform providing investors and advisors with one-stop access to ETF research and analysis. Real-time, institutional-grade data allows users to compare, contrast, and explore the entire universe of 1,300+ Canadian ETFs, free of charge.

Connect with Cboe Canada: Website | LinkedIn | X | Instagram | Facebook

About Global X Investments Canada

Global X Investments Canada Inc. (“Global X”) is an innovative financial services company and offers one of the largest suites of exchange traded funds in Canada. The Global X product family includes a broadly diversified range of solutions for investors of all experience levels to meet their investment objectives in a variety of market conditions. Global X has over $40 billion of assets under management and 152 ETFs listed on major Canadian stock exchanges. Global X is a wholly owned subsidiary of the Mirae Asset Financial Group, which manages approximately $800 billion of assets across 19 countries and global markets around the world.

Connect with Global X Canada: Website | LinkedIn | X | Instagram | Facebook

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