🇨🇦 Canada ETF Radar · TOR

SPAY

Global X Short-Term U.S. Treasury Premium Yield ETF USD

Inverse · Unclassified · Unclassified

Stable uptrend
Country Radar Open Chart
Recent price path SPAY recent weekly close path 26 CAD 24 Jul 2026
Weekly Return 0.3% latest completed week
4-Week Return -1.0% short momentum
Trend Gap 2.0% Trend positive
Fair Gap 6.4% vs fair value
Volume 1.4x 22.3K latest
Market Dynamics 1.17 positive
Relative Strength -7.46 vs country ETF tape
Opportunity 21.0 composite radar score
Risk 10.9 -1.1% drawdown · 0.6% volatility
Price Action

Price, Trend Line, Fair Value

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

Pressure, strength, volume

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

What it shows

Above Trend Line Tactical exposure

Leveraged or inverse exposure; useful for tactical pressure, but risk can move quickly.

Trend, drawdown, and follow-through are constructive.

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

The latest week moved 0.3%; the four-week move is -1.0%, which helps separate one-week noise from actual follow-through.

Trend is positive, volume is running at 1.4x, and Market Dynamics is not showing a buy signal.

Opportunity Signals

What could be improving

  • Price is above fair value with a positive trend setup
Risk Signals

What needs caution

  • Leveraged or inverse ETF exposure needs tighter risk control
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 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% 9 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% 10 GDXD · TOR BetaPro Canadian Gold Miners -2x Daily Bear ETF 🇨🇦 Canada · Inverse Risk is elevated; weak trend or recent selling pressure is dominating the ETF tape. Week -13.8% 4W 3.1% Vol 1.1x -13.8%
Latest Event

Historical signal events

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

15 Aug 2025 Crossed above Trend Line 25 CAD · 0.4%
29 Aug 2025 Broke below Trend Line 25 CAD · -0.6%
5 Sep 2025 Crossed above Trend Line 25 CAD · 1.1%
26 Dec 2025 Broke below Trend Line 25 CAD · -0.7%
2 Jan 2026 Crossed above Trend Line 25 CAD · 0.4%
23 Jan 2026 Broke below Trend Line 25 CAD · -1.6%
13 Mar 2026 Crossed above Trend Line 25 CAD · 0.9%
20 Mar 2026 Broke below Trend Line 25 CAD · -0.2%
27 Mar 2026 Crossed above Trend Line 26 CAD · 1.3%
17 Apr 2026 Broke below Trend Line 25 CAD · -0.9%
22 May 2026 Crossed above Trend Line 25 CAD · 0.5%
SPAY

Recent weekly tape

Week Close Trend Line Fair Value Weekly Return Market Dynamics RS Volume
1 Aug 2025 25 CAD 25 CAD 24 CAD % -0.05 -6.61 23.9K
8 Aug 2025 25 CAD 25 CAD 24 CAD -0.4% 0.24 -9.11 43.5K
15 Aug 2025 25 CAD 25 CAD 24 CAD 0.4% 0.30 -8.93 12.9K
22 Aug 2025 25 CAD 25 CAD 24 CAD 0.3% 0.43 -9.80 44.2K
29 Aug 2025 25 CAD 25 CAD 24 CAD -0.6% 0.46 -10.84 32.0K
5 Sep 2025 25 CAD 25 CAD 24 CAD 1.1% 0.52 -11.04 14.7K
12 Sep 2025 25 CAD 25 CAD 24 CAD 0.2% 0.63 -11.34 15.4K
19 Sep 2025 25 CAD 25 CAD 24 CAD -0.5% 0.63 -12.96 10.2K
26 Sep 2025 25 CAD 25 CAD 24 CAD 1.3% 0.87 -11.57 41.2K
3 Oct 2025 25 CAD 25 CAD 24 CAD 0.3% 1.02 -13.14 23.9K
10 Oct 2025 26 CAD 25 CAD 24 CAD 0.6% 1.28 -10.60 48.6K
17 Oct 2025 26 CAD 25 CAD 24 CAD 0.2% 1.51 -10.98 13.6K
24 Oct 2025 26 CAD 25 CAD 24 CAD 0.0% 1.52 -11.40 8.8K
31 Oct 2025 26 CAD 25 CAD 24 CAD 0.0% 1.68 -10.80 41.6K
7 Nov 2025 26 CAD 25 CAD 24 CAD 0.1% 1.69 -9.45 74.8K
14 Nov 2025 26 CAD 25 CAD 24 CAD -0.2% 1.68 -10.56 12.6K
21 Nov 2025 26 CAD 25 CAD 24 CAD 0.7% 1.70 -9.24 26.1K
28 Nov 2025 26 CAD 25 CAD 24 CAD -0.7% 1.44 -13.17 32.3K
5 Dec 2025 25 CAD 25 CAD 24 CAD -1.2% 1.00 -13.74 73.7K
12 Dec 2025 25 CAD 25 CAD 24 CAD -0.6% 0.44 -14.52 27.3K
19 Dec 2025 25 CAD 25 CAD 24 CAD 0.5% -0.16 -14.34 18.9K
26 Dec 2025 25 CAD 25 CAD 24 CAD -0.7% -0.62 -15.20 19.6K
2 Jan 2026 25 CAD 25 CAD 24 CAD 0.4% -0.91 -14.18 15.8K
9 Jan 2026 26 CAD 25 CAD 24 CAD 1.4% -0.80 -14.48 36.1K
16 Jan 2026 26 CAD 25 CAD 24 CAD 0.2% -0.72 -14.96 15.7K
23 Jan 2026 25 CAD 25 CAD 24 CAD -1.6% -0.61 -16.18 84.6K
30 Jan 2026 25 CAD 25 CAD 24 CAD -0.5% -0.54 -13.05 53.1K
6 Feb 2026 25 CAD 25 CAD 24 CAD 0.5% -0.59 -13.65 87.6K
13 Feb 2026 25 CAD 25 CAD 24 CAD -0.2% -0.73 -14.98 16.5K
20 Feb 2026 25 CAD 25 CAD 24 CAD 0.6% -0.80 -15.90 13.2K
27 Feb 2026 25 CAD 25 CAD 24 CAD -0.2% -0.83 -16.88 30.9K
6 Mar 2026 25 CAD 25 CAD 24 CAD -0.5% -0.97 -13.66 33.8K
13 Mar 2026 25 CAD 25 CAD 24 CAD 0.9% -0.73 -10.88 40.5K
20 Mar 2026 25 CAD 25 CAD 24 CAD -0.2% -0.52 -7.14 78.8K
27 Mar 2026 26 CAD 25 CAD 24 CAD 1.3% -0.18 -7.34 29.5K
3 Apr 2026 26 CAD 25 CAD 24 CAD 0.5% 0.26 -9.43 5.8K
10 Apr 2026 26 CAD 25 CAD 24 CAD -0.5% 0.43 -10.85 9.8K
17 Apr 2026 25 CAD 25 CAD 24 CAD -0.9% 0.41 -12.81 10.7K
24 Apr 2026 25 CAD 25 CAD 24 CAD -0.1% 0.28 -11.24 10.4K
1 May 2026 25 CAD 25 CAD 24 CAD -1.1% 0.02 -11.72 20.3K
8 May 2026 25 CAD 25 CAD 24 CAD 0.8% -0.11 -10.99 16.1K
15 May 2026 25 CAD 25 CAD 24 CAD 0.0% -0.14 -9.88 14.0K
22 May 2026 25 CAD 25 CAD 24 CAD 0.5% -0.06 -10.64 23.9K
29 May 2026 25 CAD 25 CAD 24 CAD 0.2% 0.05 -10.81 11.6K
5 Jun 2026 26 CAD 25 CAD 24 CAD 1.0% 0.25 -8.60 7.6K
12 Jun 2026 26 CAD 25 CAD 24 CAD 0.5% 0.62 -9.17 21.3K
19 Jun 2026 26 CAD 25 CAD 24 CAD 1.8% 0.95 -7.20 1.2K
26 Jun 2026 26 CAD 25 CAD 24 CAD 0.0% 1.32 -6.89 11.2K
3 Jul 2026 26 CAD 25 CAD 24 CAD -0.3% 1.49 -7.56 14.3K
10 Jul 2026 26 CAD 25 CAD 24 CAD 0.0% 1.45 -7.38 12.7K
17 Jul 2026 26 CAD 25 CAD 24 CAD -1.0% 1.29 -7.86 36.7K
24 Jul 2026 26 CAD 26 CAD 24 CAD 0.3% 1.17 -7.46 22.3K