Horizons switches 12 commodity ETFs to Solactive indices

May 4th, 2017 | By | Category: Commodities

ETF Strategy events are back! Please join us for breakfast briefings on Digital Assets & the Blockchain Economy on Thursday 2nd September 2021 (08:15-11:00) and Thematic Investing on Friday 3rd September 2021 (08:15-11:15) both at Yauatcha City, Broadgate Circle, London. Sponsors include First Trust, GHCO, MSCI, Rize ETF, VanEck and WisdomTree.


Canada-based Horizons ETFs has introduced new indices for twelve of its commodity-tracking exchange-traded funds. Each fund will henceforth track an index designed and calculated by German index provider Solactive.

Horizons switches 12 commodity ETFs to Solactive indices

Horizons ETFs has decided to switch 12 of its commodity funds to Solactive indices.

According to Horizons, despite the change in indices, each ETFs will still track a specified futures contract and will provide investors with an identical exposure to the applicable asset class to which the ETF is currently exposed. The firm asserts, however, that this will be achieved in a more cost efficient and transparent manner. There will be no change to the futures contract roll methodologies currently employed by the ETFs.

Additionally, there will be no change to the ETFs’ names, objectives, or fee structures.

The ETFs, along with the new index names, are outlined below.

BetaPro Gold Bullion 2x Daily Bull ETF (HBU) – Solactive Gold Front Month MD Rolling Futures Index.
BetaPro Gold Bullion -2x Daily Bear ETF (HBD) –
 Solactive Gold Front Month MD Rolling Futures Index.
BetaPro Crude Oil 2x Daily Bull ETF (HOU) – Solactive Light Sweet Crude Oil Front Month MD Rolling Futures Index.
BetaPro Crude Oil -2x Daily Bear ETF (HOD) – Solactive Light Sweet Crude Oil Front Month MD Rolling Futures Index.
BetaPro Natural Gas 2x Daily Bull ETF (HNU) – Solactive Natural Gas Front Month MD Rolling Futures Index.
BetaPro Natural Gas -2x Daily Bear ETF (HND) – Solactive Natural Gas Front Month MD Rolling Futures Index.
BetaPro Silver 2x Daily Bull ETF (HZU) – Solactive Silver Front Month MD Rolling Futures Index.
BetaPro Silver -2x Daily Bear ETF (HZD) – Solactive Silver Front Month MD Rolling Futures Index.
Horizons Gold ETF (HUG) – Solactive Gold Front Month MD Rolling Futures Index.
Horizons Silver ETF (HUZ) – Solactive Silver Front Month MD Rolling Futures Index.
Horizons Crude Oil ETF (HUC) – Solactive Light Sweet Crude Oil Winter MD Rolling Futures Index.
Horizons Natural Gas ETF (HUN) – Solactive Natural Gas Winter MD Rolling Futures Index.

Tags: , , , , , , ,

Leave a Comment