Longpoint Adds Double Leveraged Inverse ETF On Shopify
| Name | Ticker | Reference Stock |
| SavvyShort (-2X) Shopify ETF | SHPD | Shopify Inc. Class A |
SHPD adds to LongPoint's Savvy suite of leveraged Canadian stock ETFs launched on October 22, 2025. These ETFs for savvy investors provide two times (2X) leveraged long exposure to some of the largest and most actively traded Canadian companies.
| Name | Ticker | Reference Stock |
| SavvyLong (2X) Barrick ETF | ABXU | Barrick Mining Corp. |
| SavvyLong (2X) Cameco ETF | CCOU | Cameco Corp. |
| SavvyLong (2X) Cdn Natural Resources ETF | CNQU | Canadian Natural Resources Ltd. |
| SavvyLong (2X) Constellation Software ETF | CSUU | Constellation Software Inc. |
| SavvyLong (2X) Shopify ETF | SHPU | Shopify Inc. Class A |
| SavvyLong 2X CIBC (CM) Equity-Linked ETF | COMU | Canadian Imperial Bank of Commerce |
| SavvyLong 2X NBC (NA) Equity-Linked ETF | NBCU | National Bank of Canada |
| SavvyLong 2X RBC (RY) Equity-Linked ETF | RBCU | Royal Bank of Canada |
| SavvyLong 2X TDB (TD) Equity-Linked ETF | TDU | Toronto-Dominion Bank |
"Our team at LongPoint brings over 70 years of combined ETF experience, including nearly 50 years specifically focused on managing leveraged and inverse products," Hawkins added. "We've designed these easy to understand Savvy ETFs as specific tools for knowledgeable, sophisticated Canadian investors who want to employ high-conviction, short-term trading strategies on well-known Canadian stocks."
With the launch of SHPD, LongPoint continues to establish itself as a leader in innovative ETF solutions. The company entered the levered ETF market in December 2024 with the launch of leveraged crude oil and natural gas ETFs. In May 2025, LongPoint introduced Canada's first triple-levered index ETFs and Canada's first double-levered single stock ETFs linked to U.S. equities. Most recently, in October 2025, the company expanded its lineup again with Canada's first double-levered single stock ETFs linked to Canadian equities.
SHPD has closed its offering of initial shares and will begin trading on the TSX when the markets open this morning.
About LongPoint Asset Management Inc.
LongPoint Asset Management Inc. is a Canadian owned and operated company which delivers innovative ETF solutions designed to enhance your Canadian investing journey. With over 70 years of combined expertise in the ETF market, our dedicated team leverages deep industry connections and local insights to design, build and launch exceptional ETFs tailored for Canadian investors. LongPoint also offers its unique Partnership ETF platform, which simplifies the launch, operation, and growth of ETFs for its partner asset managers. LongPoint is Canada's fastest growing ETF provider in 2025, on a percentage basis, and offers 38 Canadian-listed ETFs with approximately $250 million in assets under management. Discover the advantage of investing with LongPoint.
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.

Comments
No comment