TSE:HOD
HBP Nymex Oil Bear+ ETF (HOD.TO)
Financials 
Technical Analysis 
Jun 3, 2026, 12:00 amThis summary was created by AI, based on 2 opinions in the last 12 months.
The HBP Nymex Oil Bear+ ETF (HOD-T) offers a unique trading opportunity for those expecting a decline in oil prices, leveraging a 2x short strategy on a daily basis. Experts emphasize that this leveraged ETF is more suitable for short-term trading rather than long-term investment due to its daily rebalancing mechanism, which can amplify losses and create a challenging scenario for recovery. Market dynamics are underscored by geopolitical tensions around the Strait of Hormuz, affecting oil prices, yet a surplus of oil in the system has prevented prices from reaching extreme highs despite disruptions. If investors believe oil prices will continue to fall, this ETF presents a viable option, but it is advised to monitor positions closely and rebalance profits regularly to navigate the inherent risks of leverage.
The danger is the promise of 2:1 daily exposure in terms of leverage. Because of that daily exposure to rebalancing (buying higher and selling lower), they're bad long-term hold.
This one is a double-leveraged down. For a very, very short-term view. There may be other ETFs, but this is the one he's aware of.
Will both spike when the pandemic is over? Will both spike when the pandemic is over? HOU-T is the upward moving ETF. It is also a two times ETF. The HOU-T is certainly the side to be on today. If the virus news is true then there will be a lot of pent up demand for oil. But he is not in favour of leveraging. These are intended for day traders.
Thinks keystone ultimately gets done. Thinks nothing will get done until after the 2014 mid-term US elections. 2017 is when we are talking about these things coming on stream. This is a double bear so for short term trades. There is a reasonable trade here. If we break about above $110 this is not something you want to hold.
Oil does well until end of September. Crude oil has gone parabolic, which is unusual. When it hits the peak, look out for the stock market. Everything is positive, don’t short yet, but watch for a move to the downside by the end of August. These vehicles work well when you are in a very strong trend.
Most ETFs you can hold forever unless they use leveraged. This is a double down for oil. You could get a drag of 15% just on the rebalancing. There are a lot of moving parts here. 2-3 weeks at a time, if you are taking a short term view, you can do fine. He is bearish on oil but don’t get into this one.
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HBP Nymex Oil Bear+ ETF (HOD.TO) Frequently Asked Questions
What is HBP Nymex Oil Bear+ ETF stock symbol?
HBP Nymex Oil Bear+ ETF is a Canadian stock, trading under the symbol HOD.TO (previously HOD-T on Stockchase) on the Toronto Stock Exchange (HOD-CT). It is usually referred to as TSX:HOD or HOD.TO
Is HBP Nymex Oil Bear+ ETF a buy or a sell?
In the last year, 1 stock analyst published opinions about HOD.TO (previously HOD-T on Stockchase). 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for HBP Nymex Oil Bear+ ETF.
Is HBP Nymex Oil Bear+ ETF a good investment or a top pick?
HBP Nymex Oil Bear+ ETF was recommended as a Top Pick by Richard Croft on 2009-07-09. Read the latest stock experts ratings for HBP Nymex Oil Bear+ ETF.
Why is HBP Nymex Oil Bear+ ETF stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for help on deciding if you should buy, sell or hold the stock.
Is HBP Nymex Oil Bear+ ETF worth watching?
1 stock analyst on Stockchase covered HBP Nymex Oil Bear+ ETF in the last year. It is a trending stock that is worth watching.
What is HBP Nymex Oil Bear+ ETF stock price?
On 2026-06-03, HBP Nymex Oil Bear+ ETF (HOD.TO) stock closed at a price of $25.99.
Don't forget that it has 2x leverage on the downside. With leveraged ETFs, they're more a trading vehicle than a long-term hold. A 10% loss requires an 11% gain just to get even.
News from Strait of Hormuz is that things are being worked out. Despite 20% of oil being blocked, we couldn't get oil to $150 -- seems there's a lot of oil sloshing around the system. A reopened Strait could see oil normalize substantially lower. A geopolitical bet on what might happen in political negotiations, and that's hard to take a position on.
If you think oil's going lower, this is a way to play it. Rebalance your profits as you go.