TSE:HOD

HBP Nymex Oil Bear+ ETF (HOD.TO)

39.64
+0.98 (2.53%)
as of Jun 23, 2026, 7:59:47 pm Market Open.
11 watching
0
Investor Insights
star iconJun 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) is a leveraged ETF designed for investors with a bearish outlook on oil prices. The two expert reviews emphasize the ETF's 2x leverage on the downside, indicating that it is primarily suited for short-term trading rather than long-term investment. Given the complexities of leveraged instruments, a small loss necessitates a proportionately larger gain to break even, making it crucial for investors to actively manage their positions. Current geopolitical dynamics, particularly relating to the Strait of Hormuz, paint a nuanced picture of the oil market, where oversupply could keep prices lower than anticipated despite various tensions. Investors should consider their risk tolerance and the potential volatility associated with such leveraged positions.

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Consensus
Negative
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Valuation
Overvalued
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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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