Compare with Savvylong 2X GOOGL ETF
Key stats
Fund info
Home page
Inception date
Jun 3, 2025
Structure
Canadian Mutual Fund Trust (ON)
Replication method
Synthetic
Dividend treatment
Distributes
Primary advisor
LongPoint Asset Management, Inc.
ISIN
CA54315B7557
CUSIP
54315B755
FIGI
BBG01VCH1S15
Identifiers
ISIN CA54315B7557
The fund is designed to make bullish bets on the stock price of Alphabet Inc. Class A (GOOGL). The fund is expected to enter into cash borrowing, invest in equity securities, interest-bearing accounts, and T-Bills, and enter into derivative agreements. The objective is to obtain daily leveraged exposure equivalent to 200% of the fund's net assets. To maintain this exposure, daily rebalancing is conducted to adjust for GOOGL's daily price movements. As a result, returns may deviate from the expected 2x if held for longer than a single day due to compounding. As a geared product, the fund is intended as a short-term tactical tool, rather than as a long-term investment vehicle.
Classification
What's in the fund
Exposure type
Technology Services
Breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
Oscillators
Neutral
Summary
Neutral
Summary
Neutral
Summary
Neutral
Moving Averages
Neutral
Moving Averages
Neutral
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently asked questions
An exchange-traded fund (ETF) is an investment product that holds a basket of assets such as stocks, bonds, futures, or other instruments, and trades on an exchange like a regular stock.
Why investors use ETFs:
– Easy way to gain exposure to sectors like stocks, bonds, real estate, or crypto
– Lower barrier to entry compared to buying individual assets
– Can help reduce volatility through diversification
Explore the largest ETFs: they are considered the most trusted and secure and will help you start your journey on the ETF markets.
Why investors use ETFs:
– Easy way to gain exposure to sectors like stocks, bonds, real estate, or crypto
– Lower barrier to entry compared to buying individual assets
– Can help reduce volatility through diversification
Explore the largest ETFs: they are considered the most trusted and secure and will help you start your journey on the ETF markets.
ALPU net asset value (NAV) is 11.14 CAD. It represents the total value of the fund's assets less liabilities.
Other key metrics:
– ALPU AUM — 16.01 M CAD
– ALPU discount/premium to NAV — 0.04%
– ALPU expense ratio — 10.86%
Explore more funds in our list of largest ETFs.
Other key metrics:
– ALPU AUM — 16.01 M CAD
– ALPU discount/premium to NAV — 0.04%
– ALPU expense ratio — 10.86%
Explore more funds in our list of largest ETFs.
To put today's price into context, compare ALPU's performance across different time periods:
– 1 day — +6.01%
– 1 week — −22.91%
– 1 month — −33.35%
ALPU's all-time low was 4.93 CAD on Jun 23, 2025, while its all-time high was 25.42 CAD on May 13, 2026.
For a deeper look at market activity, explore the ETF Heatmap and the ALPU price chart.
– 1 day — +6.01%
– 1 week — −22.91%
– 1 month — −33.35%
ALPU's all-time low was 4.93 CAD on Jun 23, 2025, while its all-time high was 25.42 CAD on May 13, 2026.
For a deeper look at market activity, explore the ETF Heatmap and the ALPU price chart.
The safest way to buy ALPU is through a reliable broker. Create an account, fund it, and place a buy order.
You can trade ALPU directly from TradingView:
– Choose a broker: Explore our supported trading partners and pick one that fits your needs
– Compare options: View available brokers side by side to evaluate fees and features
– Connect your account: Open Supercharts, click “Trade”, select your exchange, and log in
– Start trading: Place orders directly from the chart
Tip: If you’re new to trading, try paper trading first — it lets you practice strategies in real market conditions without risking funds.
You can trade ALPU directly from TradingView:
– Choose a broker: Explore our supported trading partners and pick one that fits your needs
– Compare options: View available brokers side by side to evaluate fees and features
– Connect your account: Open Supercharts, click “Trade”, select your exchange, and log in
– Start trading: Place orders directly from the chart
Tip: If you’re new to trading, try paper trading first — it lets you practice strategies in real market conditions without risking funds.
Savvylong 2X GOOGL ETF expense ratio is 10.86%. It represents the annual cost of managing the fund, expressed as a percentage of its assets.
Other key metrics:
– ALPU AUM — 16.01 M CAD
– ALPU NAV — 11.14 CAD
– ALPU discount/premium to NAV — 0.04%
Explore more ETFs with highest expense ratio and find even more stats in the ETF Screener.
Other key metrics:
– ALPU AUM — 16.01 M CAD
– ALPU NAV — 11.14 CAD
– ALPU discount/premium to NAV — 0.04%
Explore more ETFs with highest expense ratio and find even more stats in the ETF Screener.
Before making an investment decision, it's important to understand how the ETF works and whether it aligns with your goals and risk tolerance. Consider factors such as:
– The ETF's holdings
– Whether it is passively or actively managed
– Whether it uses leverage
– Its costs, performance, and other characteristics relevant to your strategy
You can also use technical analysis to assess current market conditions. Our summary Technical Ratings for ALPU are:
– Today — sell
– 1 week — sell
– 1 month — strong sell
For a deeper analysis, explore other ALPU technicals and follow the latest ETF news.
– The ETF's holdings
– Whether it is passively or actively managed
– Whether it uses leverage
– Its costs, performance, and other characteristics relevant to your strategy
You can also use technical analysis to assess current market conditions. Our summary Technical Ratings for ALPU are:
– Today — sell
– 1 week — sell
– 1 month — strong sell
For a deeper analysis, explore other ALPU technicals and follow the latest ETF news.
ALPU trades at a premium (0.04%).
Premium/discount to net asset value (NAV) expresses the difference between the ETF's price and its NAV value.
– A positive percentage indicates a premium, meaning the fund trades at a higher price than the calculated NAV.
– A negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
You can find more funds in the list of highest premium to NAV.
Premium/discount to net asset value (NAV) expresses the difference between the ETF's price and its NAV value.
– A positive percentage indicates a premium, meaning the fund trades at a higher price than the calculated NAV.
– A negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
You can find more funds in the list of highest premium to NAV.
ALPU follows the Alphabet Inc. - Benchmark Price Return.
ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
Indices usually act as such benchmarks by tracking a group of companies or specific sectors, giving a broad view of market performance.
ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
Indices usually act as such benchmarks by tracking a group of companies or specific sectors, giving a broad view of market performance.
The fund's management style is passive, aiming to replicate the performance of the Alphabet Inc. - Benchmark Price Return by holding the same assets in similar proportions.
What it means:
– Index tracking: Mirrors the composition and weight of the underlying index
– Low turnover: Fewer trades compared to active funds
– May be more cost-efficient: Passive approach typically results in lower fees (expense ratio)
Combine this knowledge with other metrics:
– ALPU AUM — 16.01 M CAD
– ALPU NAV — 11.14 CAD
– ALPU expense ratio — 10.86%
Explore more details in the Profile section.
What it means:
– Index tracking: Mirrors the composition and weight of the underlying index
– Low turnover: Fewer trades compared to active funds
– May be more cost-efficient: Passive approach typically results in lower fees (expense ratio)
Combine this knowledge with other metrics:
– ALPU AUM — 16.01 M CAD
– ALPU NAV — 11.14 CAD
– ALPU expense ratio — 10.86%
Explore more details in the Profile section.
Today, ALPU trades at 11.81 CAD.
For broader market analysis, dive into the technicals on the ALPU price chart.
For broader market analysis, dive into the technicals on the ALPU price chart.
ALPU assets under management (AUM) is 16.01 M CAD. It represents the total market value of all assets held by the fund.
Other key metrics:
– ALPU NAV — 11.14 CAD
– ALPU expense ratio — 10.86%
– ALPU premium/discount to NAV — 0.04%
Explore more funds in our list of largest ETFs. For deeper analysis, check the ETF Screener.
Other key metrics:
– ALPU NAV — 11.14 CAD
– ALPU expense ratio — 10.86%
– ALPU premium/discount to NAV — 0.04%
Explore more funds in our list of largest ETFs. For deeper analysis, check the ETF Screener.
ALPU fund flows account for 13.31 M CAD, showing the net amount of money entering or leaving the fund over 1 year. Many traders use it to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Other key metrics:
– ALPU AUM — 16.01 M CAD
– ALPU discount/premium to NAV — 0.04%
– ALPU expense ratio — 10.86%
For broader market analysis, read the latest market news and read the ETF trading ideas.
Other key metrics:
– ALPU AUM — 16.01 M CAD
– ALPU discount/premium to NAV — 0.04%
– ALPU expense ratio — 10.86%
For broader market analysis, read the latest market news and read the ETF trading ideas.
ALPU invests in stocks. See more details in our Profile section.
Yes, ALPU is a leveraged ETF, meaning it uses borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
See the list of leveraged ETFs and find the one that correlates with your trading strategy.
See the list of leveraged ETFs and find the one that correlates with your trading strategy.
No, ALPU doesn't pay dividends to its holders.
ALPU shares are issued by LongPoint Asset Management, Inc.
ALPU started trading on Jun 3, 2025. The launch date marks the fund's first day on the exchange and the start of its publicly available price history.
The age of a fund can be useful when evaluating its track record, as older funds typically provide more historical data for analyzing performance across different market conditions.
The age of a fund can be useful when evaluating its track record, as older funds typically provide more historical data for analyzing performance across different market conditions.