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  5. HFD: is there some sort of bear levered etf for Canadian banks that could be used if there is major loan defaults in our country eventually ? [BetaPro S&P/TSX Capped Financials -2x Daily Bear ETF]
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Q: is there some sort of bear levered etf for Canadian banks that could be used if there is major loan defaults in our country eventually ?
Asked by jim on August 15, 2024
5i Research Answer:

We do not recommend leveraged ETFs, and it is small, but HFD does exist, as a 2X 'bear' reverse index ETF on Canadian financials. Its five-year annualized return is negative 26%. 

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