TSE:HOD

HBP Nymex Oil Bear+ ETF (HOD.TO)

23.47
-2.82 (10.73%)
as of Jul 23, 2026, 7:59:54 pm Market Open.
11 watching
0
Investor Insights
star iconJul 23, 2026, 12:00 am

This summary was created by AI, based on 2 opinions in the last 12 months.

The HBP Nymex Oil Bear+ ETF (HOD-T) operates with 2x leverage on the downside, making it a more suitable choice for traders looking for short-term opportunities rather than long-term investments. Reviews indicate that it can be an effective tool for those who believe that oil prices will decline, as it seeks to amplify gains during bearish market conditions. However, the inherent risk lies in its structure; a 10% loss necessitates an 11% gain to return to the original investment level. Experts highlight the importance of monitoring geopolitical events, particularly the situation in the Strait of Hormuz, which influences oil prices and overall market dynamics. In essence, this ETF serves as a speculative instrument where investors should actively manage their positions instead of holding it for prolonged periods.

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Consensus
Negative
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Valuation
Overvalued
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SCO,US
WAIT
Nymex Oil Bear+ ETF. Probably not a bad vehicle to hedge some of your larger positions. Wait until the oil trend starts to turn down before putting in this position.
DON'T BUY
Oil shortages are going to start to kick in pretty soon because of major cutbacks in drilling and production. Supply crunch is coming next. He would not be short oil or any commodity right now.
DON'T BUY
This moves in the inverse direction to crude oil prices times two. Feels crude will remain relatively strong at these levels so he would be negative on this.
SELL
Leveraged bear ETF on oil. Goes in the opposite direction of the commodity. There are some mechanical problems with these ETF’s, which can exaggerate their movements and make them very unpredictable. Would not encourage anyone to hold these. Speculative.
PAST TOP PICK
(A Top Pick Apr 21/08. Up 85%.) At the time, he thought oil prices were too high. You mustn't hold these as long-term holds. Really designed as a trading instrument.
DON'T BUY
Becoming more positive on oil market. Starting to see China and the rest of the world expand. With the financial crisis, oil producing companies have dramatically cut CapX budgets so there will be much less supply coming on in the next year or two.
DON'T BUY
Expect oil will trade in a sideways range at $45-$50 for the next 6 months, so this would not be a good vehicle. HBP Energy Bull (HEU-T) might be a better way to go.
DON'T BUY
This one profits when the price of oil goes down. If oil goes down 1%, this one goes up 2%. Doesn't have a clue where oil is going.
TOP PICK
Pair trade going long on both HBP Nymex Oil Bear (HOD-T) and HBP NYMEX Nat'l Gas Bull (HNU-T). Allows you to bet that the price of oil and the price of natural gas are going to narrow. A Short on crude and a Long on gas. (SEE Top Pick HNU-T)
DON'T BUY
A leveraged inverse ETF. 2 times the negative of what oil is doing. If oil goes up, this will go down 2X’s. Chart shows a big decline because oil has been going up. His long-term view is that oil will be at or higher than current prices.
TOP PICK
Thinks the price of oil is going to come down so is effectively a short on oil. It will go up twice what oil will go down.
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