LongPoint Adds Double Leveraged Inverse ETF on Shopify

Executive Summary

• LongPoint Asset Management launched the SavvyShort (-2X) Shopify ETF (TSX: SHPD), providing double‑leveraged inverse exposure to Shopify shares.
• The ETF begins trading on the Toronto Stock Exchange today, following closure of its initial offering.
• This launch expands LongPoint’s “Savvy” suite of leveraged Canadian equity ETFs, now including 12 products covering major Canadian stocks.

Key Details

• ETF Name & Ticker: SavvyShort (-2X) Shopify ETF – SHPD (reference stock: Shopify Inc. Class A).
• Leverage Profile: Seeks daily results of ‑2× the daily return of the reference stock, before fees and expenses.
• Trading Commencement: Began trading on the TSX at market open on 10 Nov 2025 after closing its initial share offering.
• Product Suite Expansion: Adds to LongPoint’s leveraged ETF lineup launched Oct 22 2025; suite now includes:
• SavvyLong (2X) Barrick – ABXU
• SavvyLong (2X) Cameco – CCOU
• SavvyLong (2X) Canadian Natural Resources – CNQU
• SavvyLong (2X) Constellation Software – CSUU
• SavvyLong (2X) Shopify – SHPU
• SavvyLong 2X CIBC – COMU
• SavvyLong 2X NBC – NBCU
• SavvyLong 2X RBC – RBCU
• SavvyLong 2X TD – TDU
• Company Background: LongPoint entered the leveraged ETF market in Dec 2024, introduced triple‑levered index ETFs May 2025, and launched Canada’s first double‑levered single‑stock ETFs linked to U.S. equities (May 2025) and Canadian equities (Oct 2025).
• Assets Under Management: Approximately $250 million across 38 Canadian‑listed ETFs.

Notable Quotes

“For the first time in Canadian ETF history, active investors can now utilize a double‑leveraged inverse single‑stock ETF linked to an actively traded Canadian equity; in this case, Shopify,” – Steve Hawkins, CEO, LongPoint.

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