ATLANTA & NEW YORK & TORONTO--(BUSINESS WIRE)--Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of technology and data, today announced that ICE indices have been licensed by Global X Investments Canada Inc. (“Global X”) for four BetaPro ETFs. The ETFs provide three times (300%) and inverse three times (-300%) daily exposure to the performance of key U.S. market segments ranging from semiconductors to U.S. treasuries.
“We are excited to work with ICE indices for the benchmarks underlying Canada’s latest 3X leveraged and inverse ETFs,” said Chris McHaney, Executive Vice President, Investment Management & Strategy at Global X. “With a built-in currency hedge to help neutralize U.S. dollar movements, our BetaPro 3X and -3X ETFs can offer Canadian investors a more refined tool for dynamic trading and portfolio diversification.”
The BetaPro 3X US Treasury 20+ Year Daily Leveraged Bull Alternative ETF (TTLT) and the BetaPro -3X US Treasury 20+ Year Daily Leveraged Bear Alternative ETF (STLT) are designed to provide 300% and -300% of the daily performance, respectively, of the ICE U.S. Treasury 20+ Year Bond Index, which measures U.S. dollar-denominated sovereign debt issued by the U.S. government.
Similarly, the BetaPro 3X Semiconductor Daily Leveraged Bull Alternative ETF (SOXL) and the BetaPro -3X Semiconductor Daily Leveraged Bear Alternative ETF (SOXS) aim to deliver 300% and -300% of the daily performance of the NYSE Semiconductor Index, a market capitalization-weighted index of the 30 largest U.S.-listed semiconductor companies.
"We're pleased to work with Global X on these new ETFs, which span multiple asset classes and provide Canadian investors with tools to gain or manage exposure to U.S. market dynamics," said Preston Peacock, Head of ICE Data Indices. "Built on ICE's transparent, rules-based methodology, these indices track key market segments like Treasuries and semiconductors with precision and flexibility."
With over $2 trillion in assets under management benchmarked to ICE Indices, ICE has deep expertise administering and publishing indices that are used throughout global markets. Its broad offering includes over 7,000 fixed income, equity, currency, commodity and mortgage indices that are trusted by market participants around the world and backed by a 50-year track record.
For more information about ICE’s indices, visit http://www.ice.com/market-data/indices.
About Intercontinental Exchange
Intercontinental Exchange, Inc. (NYSE: ICE) is a Fortune 500 company that designs, builds, and operates digital networks that connect people to opportunity. We provide financial technology and data services across major asset classes helping our customers access mission-critical workflow tools that increase transparency and efficiency. ICE’s futures, equity, and options exchanges -- including the New York Stock Exchange -- and clearing houses help people invest, raise capital and manage risk. We offer some of the world’s largest markets to trade and clear energy and environmental products. Our fixed income, data services and execution capabilities provide information, analytics and platforms that help our customers streamline processes and capitalize on opportunities. At ICE Mortgage Technology, we are transforming U.S. housing finance, from initial consumer engagement through loan production, closing, registration and the long-term servicing relationship. Together, ICE transforms, streamlines, and automates industries to connect our customers to opportunity.
Trademarks of ICE and/or its affiliates include Intercontinental Exchange, ICE, ICE block design, NYSE and New York Stock Exchange. Information regarding additional trademarks and intellectual property rights of Intercontinental Exchange, Inc. and/or its affiliates is located here. Key Information Documents for certain products covered by the EU Packaged Retail and Insurance-based Investment Products Regulation can be accessed on the relevant exchange website under the heading “Key Information Documents (KIDS).”
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 -- Statements in this press release regarding ICE's business that are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see ICE's Securities and Exchange Commission (SEC) filings, including, but not limited to, the risk factors in ICE's Annual Report on Form 10-K for the year ended December 31, 2024, as filed with the SEC on February 6, 2025.
ICE Data Indices, LLC is the administrator of the indices referenced herein. Additional important information regarding these indices, including methodologies, limitations, and disclaimers, can be found at indices.ice.com. Neither any investment product mentioned herein (the “Product”), nor the issuer of such Product, as applicable, are sponsored, endorsed, sold or promoted by ICE, its affiliates or their third-party suppliers (“ICE and its Suppliers”). ICE and its Suppliers make no representations or warranties regarding the advisability of investing in securities generally or in any investment product based on an index. Past performance of an index is not an indicator of or a guarantee of future results.
About BetaPro by Global X (www.betapro.ca/)
The BetaPro ETFs by Global X are managed by Global X Investments Canada Inc. (“Global X”), a leading provider of leveraged, inverse, and inverse-leveraged exchange-traded funds listed on Canada’s major stock exchanges. For over a decade, BetaPro has equipped Canadian traders with advanced tools to help navigate and capitalize on rapidly changing markets. Its innovative lineup of ETFs offers daily exposure to a wide range of indices and commodities, including the Nasdaq-100, S&P/TSX 60, gold, oil, and Bitcoin. Global X is a wholly owned subsidiary of Mirae Asset Financial Group, which manages over CAD800 billion in assets across 19 countries and global markets worldwide.
Category: Fixed Income and Data Services
SOURCE: Intercontinental Exchange
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