ducovest

HGY:CA:TSX-Horizons Gold Yield ETF (CAD)

ETF | Commodity | Toronto Stock Exchange

Last Closing

CAD 10.745

Change

-0.16 (-1.42)%

Market Cap

CAD 0.02B

Volume

0.02M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The fund are to provide Unitholders with: (i) exposure to the price of gold bullion hedged to the Canadian dollar, less the ETF?s fees and expenses; (ii) tax-efficient monthly distributions; and (iii) in order to mitigate downside risk and generate income, exposure to a covered call option writing strategy. It seeks to achieve its investment objectives by entering into a forward purchase and sale agreement with a Canadian chartered bank pursuant to which it will gain exposure to the Gold Portfolio.The Gold Portfolio is comprised primarily of exchange-traded funds, which are directly, or indirectly, and only, exposed to gold bullion but may include gold futures contracts from time to time.

Company Website : www.horizonsetfs.com

Currency: CAD

Country : Canada

Inception Date: 17/12/2010

Primary Benchmark: Gold Bullion Spot Price

Primary Index: CIBC WM 91 Day Treasury Bill CAD

Gross Expense Ratio: NA%

Management Expense Ratio: 0.80 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-05-22 )

Largest Industry Peers for Commodity

Symbol Name Mer Price(Change) Market Cap
CGL:CA iShares Gold Bullion (CAD Hedg.. 0.55 %

N/A

 CAD 0.78B
SVR:CA iShares Silver Bullion CAD Hed.. 0.66 %

N/A

 CAD 0.09B
HUZ:CA Global X Silver ETF 0.75 %

N/A

 CAD 0.02B
HUC:CA Global X Crude Oil ETF 0.87 %

N/A

 CAD 0.02B
HUG:CA Global X Gold ETF 0.75 %

N/A

 CAD 0.02B
HUN:CA Global X Natural Gas ETF 0.87 %

N/A

 CAD 0.02B
SBT:CA Silver Bullion Trust ETF Curre.. 0.61 %

N/A

 CAD 6.74M

ETFs Containing HGY:CA

N/A

Market Performance

  Market Performance vs. Industry/Classification (Commodity) Market Performance vs. Exchange (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 9.31% 38% F 62% D
Dividend Return 2.03% 100% F 74% C
Total Return 11.34% 38% F 67% D+
Trailing 12 Months  
Capital Gain 9.75% 25% F 54% F
Dividend Return 4.60% 100% F 69% C-
Total Return 14.35% 38% F 59% D-
Trailing 5 Years  
Capital Gain 133.59% 100% F 87% B+
Dividend Return 27.88% 100% F 94% A
Total Return 161.47% 100% F 89% A-
Average Annual (5 Year Horizon)  
Capital Gain 23.69% 100% F 89% A-
Dividend Return 27.85% 100% F 90% A-
Total Return 4.16% 100% F 86% B+
Risk Return Profile  
Volatility (Standard Deviation) 41.00% 25% F 21% F
Risk Adjusted Return 67.93% 100% F 88% B+
Market Capitalization 0.02B 75% C 30% F

Annual Financials (CAD)

Quarterly Financials (CAD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

High dividend returns

The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.

Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

What to not like:
High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.