BetaPro -3x S&P/TSX 60 Daily Leveraged Bear Alternative ETF Trust Units (SCND.TO) Price
BetaPro -3x S&P/TSX 60 Daily Leveraged Bear Alternative ETF Trust Units Price
Underlying
BetaPro -3x S&P/TSX 60 Daily Leveraged Bear Alternative ETF Trust Units provides 3X inversedaily exposure to TSX.
Leverage & Compounding Risk
This ETF rebalances daily to achieve its 3X target. Over periods longer than one day, compounding can cause returns to deviate significantly from 3X the underlying's return — especially in volatile, sideways markets (volatility decay). This product is designed for short-term trading, not buy-and-hold investing.
BetaPro -3x S&P/TSX 60 Daily Leveraged Bear Alternative ETF Trust Units List of Holdings
Frequently asked questions about BetaPro -3x S&P/TSX 60 Daily Leveraged Bear Alternative ETF Trust Units
BetaPro -3x S&P/TSX 60 Daily Leveraged Bear Alternative ETF Trust Units is offered by BetaPro, a leading player in the field of passive investments.
The ISIN of BetaPro -3x S&P/TSX 60 Daily Leveraged Bear Alternative ETF Trust Units is CA0866031077.
BetaPro -3x S&P/TSX 60 Daily Leveraged Bear Alternative ETF Trust Units aims to deliver 3 times the daily return of TSX (short/inverse). The leverage resets each trading day, so multi-day returns can differ materially from 3X the underlying's cumulative return.
Volatility decay (also called compounding drag) occurs because BetaPro -3x S&P/TSX 60 Daily Leveraged Bear Alternative ETF Trust Units rebalances daily. In choppy, sideways markets the cumulative return can significantly trail 3X the underlying's period return — even if the underlying ends flat. The effect intensifies with higher leverage factors and longer holding periods.
Leveraged ETFs like BetaPro -3x S&P/TSX 60 Daily Leveraged Bear Alternative ETF Trust Units are designed for short-term, tactical trading — typically intraday or a few days. Holding them for weeks or months exposes investors to compounding risk and potential tracking deviation. Most issuers explicitly recommend against long-term holding.
BetaPro -3x S&P/TSX 60 Daily Leveraged Bear Alternative ETF Trust Units provides 3X daily short/inverse exposure to TSX. When TSX moves +1% in a day, BetaPro -3x S&P/TSX 60 Daily Leveraged Bear Alternative ETF Trust Units targets approximately 3% (before fees).
The ETF is listed in CAD.
European investors may incur additional costs for currency exchange and transaction fees.
No, BetaPro -3x S&P/TSX 60 Daily Leveraged Bear Alternative ETF Trust Units does not comply with the EU UCITS investor protection directives.
BetaPro -3x S&P/TSX 60 Daily Leveraged Bear Alternative ETF Trust Units tracks the performance of the S&P/TSX 60.
BetaPro -3x S&P/TSX 60 Daily Leveraged Bear Alternative ETF Trust Units is domiciled in CA.
The fund was launched on 8/11/2025.
The BetaPro -3x S&P/TSX 60 Daily Leveraged Bear Alternative ETF Trust Units mainly invests in Large Cap companies.
The NAV of BetaPro -3x S&P/TSX 60 Daily Leveraged Bear Alternative ETF Trust Units amounts to 13.35 M CAD.
Investments can be made through brokers or financial institutions that provide access to trading ETFs.
The ETF is traded on the stock exchange, similar to stocks.
Yes, the ETF can be held in a regular securities account.
The ETF is suitable for both short-term and long-term investment strategies, depending on the investor's goals.
The ETF is valued on a daily stock exchange basis.
Information on dividends should be requested from the provider's website or your broker.
The risks include market fluctuations, currency risks, and the risk associated with smaller companies.
The ETF is obligated to report regularly and transparently on its investments.
The performance can be viewed on Eulerpool or directly on the provider's website.
Further information can be found on the official website of the provider.
ETF profile
BetaPro -3x S&P/TSX 60 Daily Leveraged Bear Alternative ETF Trust Units