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DXSN

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Analysis and statistics

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About

DXSN.F refers to the Horizons BetaPro S&P/TSX 60 Equal Weight Inverse ETF, which trades on the Toronto Stock Exchange (TSX). This ETF aims to provide daily investment results, before fees, expenses, commissions, and withholding taxes, which correspond to one times (100%) the inverse (opposite) of the daily performance of the S&P/TSX 60 Equal Weight Index. It is designed for sophisticated investors who understand the risks associated with leveraged and inverse ETFs.

Factors

Underlying Asset Performance: DXSN.F tracks the Solactive Developed Markets ex US ex Korea Net Total Return Index. The prices of securities within this index directly impact the ETF's Net Asset Value (NAV).

Supply and Demand: ETF prices fluctuate based on buyer and seller activity. Increased demand tends to drive prices up, while increased selling pressure pushes them down.

Currency Fluctuations: As DXSN.F invests in international markets, currency exchange rates between the Euro (where it's traded) and the currencies of the underlying assets influence its price.

Market Sentiment: Overall investor confidence or fear regarding global markets, particularly developed economies outside the US and Korea, can affect the ETF's price.

Expense Ratio and Trading Costs: Although relatively stable, the ETF's expense ratio (fees) and brokerage commissions impact the total return for investors, indirectly affecting its appeal.

Tracking Error: The ETF aims to replicate its benchmark index. Deviations from the index's performance (tracking error) can influence its price relative to the underlying assets.

Geopolitical and Economic Events: Major global events like economic recessions, political instability, or changes in interest rates in relevant countries can significantly affect the value of the ETF's holdings.

Competitor Performance: The performance and appeal of similar ETFs offering exposure to the same or similar markets can influence investor choices and thus, the demand for DXSN.F.

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