Saturday, July 12, 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

Mergers Set the Stage for Uranium’s Growth Cycle | Forum-Baselode Merger

The Goal is Gold Production as Soon as Possible! | Gordon Robb – ESGOLD Corp.

Snowline Gold: The Multi Billion Dollar Valley PEA

Recommended

First Majestic Produces 7.9 Silver Equivalent Ounces In Q2, Lifts Production Guidance

Antimony Resources Drills 4.17% Antimony Over 7.4 Metres At Bald Hill

Related News

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

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

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 ETFs HOU, HOD To Rollover To September Crude Oil Contracts

It appears that futures market exchange operators are getting frustrated with that of current crude...

Tuesday, April 28, 2020, 09:19:55 AM

Horizons ETFs HOU, HOD To Resume Subscriptions May 5, Manager Discourages Against Purchasing Shares

Horizons ETFs this morning announced that its BetaPro Crude Oil Daily Bull ETF (TSX: HOU)...

Monday, May 4, 2020, 10:06:51 AM