🇨🇦 Canada ETF Radar · TOR

SHPD

Savvyshort (-2X) Shopify Etf

Inverse · Unclassified · Unclassified

Risk watch
Recent price path SHPD recent weekly close path 13 CAD 24 Jul 2026
Weekly Return 14.3% latest completed week
4-Week Return 3.9% short momentum
Trend Gap -19.0% Trend negative
Fair Gap -16.0% vs fair value
Volume 1.0x 23.6K latest
Market Dynamics -1.01 negative and improving
Relative Strength - vs country ETF tape
Opportunity 2.8 composite radar score
Risk 35.7 -47.1% drawdown · 10.7% volatility
Price Action

Price, Trend Line, Fair Value

12 months
SHPD weekly price action
Price Trend Line Fair Value
Market Dynamics

Pressure, strength, volume

12 months
SHPD Market Dynamics and relative strength
Market Dynamics Relative Strength Volume
Signal View

What it shows

Market Dynamics improving High risk score Tactical exposure

Risk is elevated; weak trend or recent selling pressure is dominating the ETF tape.

Weak trend, selling pressure, or tactical exposure is elevated.

SHPD sits in Inverse, so read it as a Canada exposure first and a single ETF second.

The latest week moved 14.3%; the four-week move is 3.9%, which helps separate one-week noise from actual follow-through.

Trend is negative, volume is running at 1.0x, and Market Dynamics is not showing a buy signal.

Opportunity Signals

What could be improving

  • Recovering from a weaker base with improving pressure
Risk Signals

What needs caution

  • Leveraged or inverse ETF exposure needs tighter risk control
  • High weekly volatility raises position risk
  • Market Dynamics is still negative
Peers

Same category

Closest category peers ranked by the current radar score.

10 peers
1 TSLD · TOR SavvyShort (-2X) TSLA ETF 🇨🇦 Canada · Inverse Risk is elevated; weak trend or recent selling pressure is dominating the ETF tape. Week 40.6% 4W 28.2% Vol 1.0x 40.6% 2 ZLSU · TOR BMO Long Short US Equity ETF 🇨🇦 Canada · Inverse Trend and recent returns are aligned, so demand is still moving in the same direction. Week 0.5% 4W 0.8% Vol 1.4x 0.5% 3 TGAF · TOR Tralucent Global Alt(long/Short) Equity Fund E ETF 🇨🇦 Canada · Inverse Volume is expanding versus normal activity, which can mark institutional attention or stress. Week -1.5% 4W 1.3% Vol 1.9x -1.5% 4 PFAE · TOR PICTON Long Short Equity (130/30) Alternative Fund ETF 🇨🇦 Canada · Inverse Trend and recent returns are aligned, so demand is still moving in the same direction. Week 1.0% 4W 0.4% Vol 0.9x 1.0% 5 ATSX · TOR Accelerate Canadian Long Short Equity Fund 🇨🇦 Canada · Inverse Trend and recent returns are aligned, so demand is still moving in the same direction. Week 1.7% 4W 5.3% Vol 1.0x 1.7% 6 ZTIP · TOR BMO Short-Term US TIPS Index ETF 🇨🇦 Canada · Inverse Volume is expanding versus normal activity, which can mark institutional attention or stress. Week 0.4% 4W -0.6% Vol 2.3x 0.4% 7 PFLS · TOR PICTON Long Short Equity Alternative Fund Class ETF 🇨🇦 Canada · Inverse Trend and recent returns are aligned, so demand is still moving in the same direction. Week 0.1% 4W 0.1% Vol 0.7x 0.1% 8 SPAY · TOR Global X Short-Term U.S. Treasury Premium Yield ETF USD 🇨🇦 Canada · Inverse Leveraged or inverse exposure; useful for tactical pressure, but risk can move quickly. Week 0.3% 4W -1.0% Vol 1.4x 0.3% 9 GLDD · TOR BetaPro Gold Bullion -2x Daily Bear ETF 🇨🇦 Canada · Inverse Leveraged or inverse exposure; useful for tactical pressure, but risk can move quickly. Week -2.8% 4W -0.3% Vol 0.8x -2.8% 10 BITI · TOR BetaPro Inverse Bitcoin ETF 🇨🇦 Canada · Inverse Leveraged or inverse exposure; useful for tactical pressure, but risk can move quickly. Week 0.6% 4W -8.0% Vol 0.8x 0.6%
Latest Event

Historical signal events

Recent Trend Line crossings and Market Dynamics buy signals from the weekly history.

No recent signal events in the available weekly history.

SHPD

Recent weekly tape

Week Close Trend Line Fair Value Weekly Return Market Dynamics RS Volume
21 Nov 2025 16 CAD - 16 CAD % - - 3.6K
28 Nov 2025 13 CAD - 14 CAD -16.8% - - 1.2K
5 Dec 2025 13 CAD - 14 CAD -3.9% - - 900
12 Dec 2025 12 CAD - 13 CAD -1.2% 0.00 - 200
19 Dec 2025 12 CAD - 13 CAD -3.2% 0.00 - 16.9K
26 Dec 2025 12 CAD - 13 CAD -1.8% 0.00 - 0
2 Jan 2026 13 CAD - 13 CAD 14.6% 0.00 - 5.4K
9 Jan 2026 11 CAD - 13 CAD -15.2% 0.00 - 5.8K
16 Jan 2026 13 CAD - 13 CAD 13.5% 0.00 - 1.2K
23 Jan 2026 17 CAD - 13 CAD 28.6% 0.00 - 15.6K
30 Jan 2026 18 CAD - 14 CAD 8.0% 0.00 - 9.7K
6 Feb 2026 25 CAD - 15 CAD 39.5% 0.00 - 8.6K
13 Feb 2026 23 CAD - 15 CAD -8.2% 0.00 - 56.9K
20 Feb 2026 18 CAD - 15 CAD -23.9% 0.00 - 5.0K
27 Feb 2026 19 CAD - 16 CAD 8.4% 0.00 - 21.0K
6 Mar 2026 16 CAD - 16 CAD -16.4% 0.00 - 44.7K
13 Mar 2026 17 CAD - 16 CAD 9.8% 0.00 - 48.6K
20 Mar 2026 19 CAD - 16 CAD 8.5% 0.00 - 25.4K
27 Mar 2026 20 CAD - 16 CAD 5.0% 0.00 - 61.1K
3 Apr 2026 17 CAD - 16 CAD -12.2% - - 16.7K
10 Apr 2026 20 CAD - 16 CAD 13.0% - - 35.3K
17 Apr 2026 14 CAD - 16 CAD -29.0% - - 18.6K
24 Apr 2026 15 CAD - 16 CAD 10.2% - - 14.1K
1 May 2026 15 CAD - 16 CAD -5.4% - - 12.5K
8 May 2026 18 CAD - 16 CAD 21.6% - - 35.2K
15 May 2026 21 CAD - 16 CAD 17.7% - - 15.0K
22 May 2026 19 CAD - 16 CAD -10.3% - - 10.5K
29 May 2026 15 CAD - 16 CAD -21.9% - - 8.4K
5 Jun 2026 16 CAD - 16 CAD 8.7% -0.45 - 23.5K
12 Jun 2026 16 CAD 16 CAD 16 CAD 0.8% -0.56 - 24.5K
19 Jun 2026 16 CAD 16 CAD 16 CAD -1.4% -0.60 - 200
26 Jun 2026 13 CAD 16 CAD 16 CAD -19.4% -0.67 - 52.7K
3 Jul 2026 12 CAD 16 CAD 16 CAD -4.2% -0.80 - 29.4K
10 Jul 2026 11 CAD 16 CAD 16 CAD -6.4% -0.97 - 22.1K
17 Jul 2026 12 CAD 16 CAD 16 CAD 1.4% -1.10 - 25.9K
24 Jul 2026 13 CAD 16 CAD 16 CAD 14.3% -1.01 - 23.6K