Thursday, September 18, 2025

Latest

Horizons ETFs Changes Contract Exposure Of HOD, HOU Crude Oil ETF’s

Horizons ETF’s has updated the rollover schedule for its BetaPro Crude Oil Leveraged Daily Bull ETF (TSX: HOU) and the BetaPro Crude Oil Inverse Leveraged Daily Bear ETF (TSX: HOD) ETF’s. The two oil ETF’s which track the price of oil will now be primarily exposed to the second-month contract rather than that of the third-month oil futures contract.

The adjustment to which contract the ETF tracks will occur on August 20, 2020, when the rollover of the front month oil futures contract is to take place, with the October oil contract becoming the front month. With both ETF’s currently basing exposure on the November contract, rather than rollover to the December contract the ETF’s will remain with exposure to the November contract, effectively changing its exposure to the second-month contract.

The change is being conducted as a result of recent stabilization within the crude oil market, following wild pricing swings that occurred earlier this year as a result of the coronavirus pandemic. With crude oil prices demonstrating recent stability, the ETF manager is confident that the exchange traded funds can now begin to follow an earlier dated contract. The ETF’s as a whole have a mandate to provide exposure to as close to the front-month contract as is deemed reasonable by the manager.

Both HOD and HOU are expected to remain exposed to the November contract until at least September 22, 2020, which is the expiry for the current October contract. At this time it has not been identified whether the manager will remain exposed to the November contract beyond this date.


The author has no securities or affiliations related to any organization mentioned. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Why $10K Gold No Longer Sounds Crazy | Dan Wilton – First Mining Gold

The Pure Silver Set Up! | Joaquin Marias – Argenta Silver Corp

Why $30,000 Gold Isn’t Crazy! | Simon Marcotte – Northern Superior

Recommended

Canadian Copper Secures $8 Million Lead Order From Ocean Partners As Part Of Larger Funding Round

Northern Superior Expands Philibert With 350 Metre Step Out Testing 1.10 g/t Gold Over 25.5 Metres

Related News

Horizon’s To Consolidate Shares Of HOU ETF Due To Volatility

Horizons ETF’s last night announced that it will be consolidating its BetaPro Crude Oil 2x...

Thursday, April 23, 2020, 09:37:54 AM

Horizons Schedules Next Contract Rollover Date For HOU, HOD ETFs

Crude oil futures might be returned to a bit of normalcy following the wild April...

Friday, May 22, 2020, 09:24:20 AM

Horizons ETFs Warns Investors Of Termination Rights On HOD, HOU

Horizons ETFs issued what essentially amounts to a warning this morning related to its BetaPro...

Monday, April 27, 2020, 08:26:22 AM

Horizons ETFs To Merge HMUS, HMJR Funds

The marijuana-focused ETF marketplace is about to get slightly smaller again. Today, unitholders of the...

Wednesday, February 19, 2020, 06:11:00 PM

Horizons HOU, HOD ETF’s Rollover To October Crude Oil Contract

Horizons ETF’s announced after the bell last night an update to the firms contract exposure...

Wednesday, May 20, 2020, 09:05:59 AM