HBP Financials Bull+ E.T.F. (HFU.TO) Buy,…

HBP Financials Bull+ E.T.F. (HFU.TO)

32.20

+0.50 (1.58%)

as of Jan 17, 2025, 8:28:50 pm Market Open.

4 watching

DON'T BUY

HFU or XLF? A double-leveraged ETF (HFU) carries more risk that isn't present in a single-leveraged one. Be careful with these. Not for long-term investors. Generally. If long-term, stick with a plain vanilla ETF instead of the double-leverage one.

TOP PICK

Financial double bull ETF. Not a long-term hold, but thinks it will be an interesting play for the 1^st 6 months next year.

PAST TOP PICK

(A Top Pick March 27/09. Up 143.75%.)

PAST TOP PICK

(Top Pick Sep 19/08 Down 35.20%) This is the risk with leveraged ETFs

TOP PICK

Financial double bull ETF. Thinks financials have bottomed and that they are going to see a decent rally.

TOP PICK

Canadian banks and insurance companies. Thinks this is near the end game for the financials and had their bottom in July. Expect they will lead the market out of this. This is a “double up” instrument.

BUY

This is the bullish strategy ETF on the banking sector. He likes the banks and thinks most of the bad news is out of them.

WEAK BUY

Horizon BetaPro Financial Bull EFT- Has come out with a number of products, some are 2-times levered to the upside of the market, some are 2-times levered to the downside of the market. It’s a great way to play the financial market. Know that it is levered.

COMMENT

MER is 1.15% plus there’s a forward transaction underlying it for a total of about 1.5%. You will get the dividends, but there will also be a cost on the leverage. They don't actually buy the stocks, but buy the futures market for exposure. Great product for trading but is not a product he would invest in for a long term. From a long-term perspective you are going to have difficulties seeing returns give you 2X but you are always going to have 2X market risk. You are probably better off margining a bank ETF or at a bank type of index to get the same kind of leverage.

TOP PICK

Basically, you are buying financial service stocks, which will give you twice the exposure to the upside of those particular stocks. If he is right about the market retesting its lows, he would want to be exposed to the financials. The financials will lead us out of this.

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HBP Financials Bull+ E.T.F. (HFU.TO) Frequently Asked Questions

What is HBP Financials Bull+ E.T.F. stock symbol?

HBP Financials Bull+ E.T.F. is a Canadian stock, trading under the symbol HFU.TO (previously HFU-T on Stockchase) on the Toronto Stock Exchange (HFU-CT). It is usually referred to as TSX:HFU or HFU.TO

Is HBP Financials Bull+ E.T.F. a buy or a sell?

In the last year, no analyst issued a Buy, Sell, or Hold rating on HFU.TO (previously HFU-T on Stockchase) on Stockchase. Read the latest expert commentary for HBP Financials Bull+ E.T.F..

Is HBP Financials Bull+ E.T.F. a good investment or a top pick?

HBP Financials Bull+ E.T.F. was recommended as a Top Pick by Richard Croft on 2007-08-24. Read the latest stock experts ratings for HBP Financials Bull+ E.T.F..

Why is HBP Financials Bull+ E.T.F. stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for HBP Financials Bull+ E.T.F..

Is HBP Financials Bull+ E.T.F. worth watching?

HBP Financials Bull+ E.T.F. is covered by Stockchase experts and is worth watching.

What is HBP Financials Bull+ E.T.F. stock price?

On 2025-01-17, HBP Financials Bull+ E.T.F. (HFU.TO) stock closed at a price of $32.20.

Most Recent Experts

Jim Cramer - Mad Money

CNBC

Richard Orrell

RN Croft Financial Group

Stockchase Insights

5i Research

The Panic-Proof Portfolio (Stockchase Research)

Stockchase Premium

Stan Wong

Private Wealth Management, ScotiaMcleod

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