Question 1

What is HQD?

Accepted Answer

HQD (BetaPro NASDAQ-100® -2x Daily Bear ETF) is a Canadian-listed ETF trading on the TSX in the Passive Inverse/Leveraged category. It tracks the Morningstar CAD O/N Cash GR CAD.

Question 2

What is the HQD ETF price today?

Accepted Answer

HQD last traded at $7.28 CAD on the TSX. See the price chart above for recent performance.

Question 3

What is the HQD MER (management expense ratio)?

Accepted Answer

HQD has a management expense ratio (MER) of 0% per year. This fee is automatically deducted from the fund's assets, so you never pay it directly — but it does reduce your net returns over time. At 0%, HQD is considered a low-cost ETF.

Question 4

What are HQD annualised returns?

Accepted Answer

HQD historical returns: YTD: +4.90%, 1-year: -40.11%, 3-year annualised: -39.04%, 5-year annualised: -30.02%, 10-year annualised: -38.38%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is -1.20, which measures risk-adjusted return.

Question 5

Does HQD pay dividends or distributions?

Accepted Answer

HQD distribution information is shown in the ETF details panel on this page. Check the ETF details section for the most current yield data.

Question 6

What does HQD invest in?

Accepted Answer

HQD's top holdings include null (null, 100.0%). See the full Top 10 Holdings table above for a complete breakdown. The fund tracks the Morningstar CAD O/N Cash GR CAD.

Question 7

What sectors does HQD invest in?

Accepted Answer

HQD's largest sector exposures are Technology (60.8%), Communication Services (13.0%), Consumer Cyclicals (10.7%). The full sector breakdown is shown in the Sector Weights table on this page.

Question 8

How large is HQD? (Assets under management)

Accepted Answer

HQD has approximately $38M in assets under management (AUM). Larger AUM generally means better liquidity, tighter bid-ask spreads, and a lower risk of the fund being wound down.

Question 9

When was HQD launched?

Accepted Answer

HQD was launched on June 17, 2008, giving it a 18-year track record. A longer history makes it easier to evaluate how the ETF performs across different market cycles.

Question 10

How do I buy HQD in Canada?

Accepted Answer

HQD trades on the TSX under the ticker HQD. You can buy it through any Canadian brokerage, including Wealthsimple Trade (commission-free), Questrade, TD Direct Investing, RBC Direct, and CIBC Investor's Edge. It can be held in a TFSA, RRSP, FHSA, or taxable account.

Question 11

How risky is HQD?

Accepted Answer

HQD has a 1-year volatility of 38.64% and a beta of 0.00 (less volatile than the broad market). Its 3-year Sharpe ratio of -1.20 indicates below-average risk-adjusted returns. As with all market-linked investments, past volatility does not predict future risk.

Date	Open	High	Low	Close	Adj Close	Volume
2026-04-02	$7.58	$7.61	$7.26	$7.28	$7.28	1,578,397
2026-02-13	$6.96	$7.05	$6.83	$6.94	$6.94	1,181,356
2025-12-31	$6.54	$6.65	$6.54	$6.65	$6.65	235,992
2025-12-24	$6.48	$6.49	$6.44	$6.45	$6.45	88,551
2025-08-01	$8.05	$8.23	$8.03	$8.17	$8.17	1,876,276
2025-06-30	$8.20	$8.27	$8.16	$8.18	$8.18	867,286
2025-05-16	$9.21	$9.31	$9.15	$9.16	$9.16	681,327
2025-04-17	$12.60	$12.89	$12.55	$12.71	$12.71	1,215,674
2025-02-14	$9.51	$9.52	$9.43	$9.45	$9.45	394,428
2025-01-17	$10.00	$10.13	$9.97	$10.05	$10.05	762,791

Sector	Weight
Technology	60.80%
Communication Services	13.04%
Consumer Cyclicals	10.66%
Consumer Defensive	6.23%
Healthcare	3.56%
Industrials	2.91%
Utilities	1.14%
Basic Materials	1.04%
Energy	0.45%
Financial Services	0.17%
Real Estate	0.00%

Ticker	Name	Price	1D
RDDY	Harvest Reddit Enhanced High Income Shares ETF	$5.73	+14.14%
AMDU		$19.00	+12.69%
XDGH	iShares Core MSCI Global Quality Dividend Index ETF (CAD-Hedged)	$35.92	+9.11%
MSTZ		$8.56	+7.40%
AMDY	Harvest AMD Enhanced High Income Shares ETF - Class A Units	$40.02	+6.63%
BLKY	Harvest Block Enhanced High Income Shares ETF	$13.31	+5.72%
CGMU		$9.72	+4.85%
SHPD		$6.12	+4.79%

CIBC Investor's Edge

BetaPro NASDAQ-100® -2x Daily Bear ETF (HQD : TSX)

Price Chart (30 Days)

Key Statistics

Recent Price History

Annualised Returns

Top 10 Holdings

Sector Weights

ETF Details

7 stocks to buy and hold forever

Compare HQD

Explore More

Compare HQD vs Similar ETFs

Frequently Asked Questions — HQD