HAF:CA:TSX-Global X Active Global Fixed Income ETF (CAD)

ETF | Global Fixed Income |

Last Closing

CAD 7.17

Change

+0.01 (+0.14)%

Market Cap

CAD 0.04B

Volume

100.00

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The investment objective of Horizons HAF is to seek to provide Unitholders with: (i) a stable stream of monthly distributions; and (ii) the opportunity for capital appreciation through a tactical asset allocation strategy that includes managing the duration and yield of its exposure to debt (including debt-like securities) according to the prevailing interest rate environment.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

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Relative Returns (From:    To: 2024-11-04 )

Largest Industry Peers for Global Fixed Income

Symbol Name Price(Change) Market Cap
PMIF:CA PIMCO Monthly Income ETF

+0.02 (+0.11%)

CAD 2.69B
FGO:CA CI Enhanced Government Bond ET..

-0.01 (-0.10%)

CAD 0.73B
FLGA:CA Franklin Global Aggregate Bond..

-0.03 (-0.16%)

CAD 0.36B
FSB:CA CI Enhanced Short Duration Bon..

+0.02 (+0.16%)

CAD 0.19B
XSE:CA iShares Conservative Strategic..

+0.09 (+0.50%)

CAD 0.12B
XSC:CA iShares Conservative Short Ter..

N/A

CAD 0.06B
PMNT:CA PIMCO Global Short Maturity Fu..

-0.01 (-0.05%)

CAD 0.03B
ZMSB:CA BMO Sustainable Global Multi-S..

-0.05 (-0.17%)

CAD 0.01B
PLDI:CA PIMCO Low Duration Monthly Inc..

-0.02 (-0.11%)

CAD 2.03M
BND:CA Purpose Global Bond Fund Serie..

+0.05 (+0.28%)

N/A

ETFs Containing HAF:CA

N/A

Market Performance

  Market Performance vs. Industry/Classification (Global Fixed Income) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -0.97% 17% F 18% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -0.97% 17% F 19% F
Trailing 12 Months  
Capital Gain 3.91% 55% F 23% F
Dividend Return N/A N/A N/A N/A N/A
Total Return 3.91% 55% F 23% F
Trailing 5 Years  
Capital Gain -7.60% 58% F 29% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -7.60% 58% F 30% F
Average Annual (5 Year Horizon)  
Capital Gain -0.59% 100% F 30% F
Dividend Return 1.18% 92% A 31% F
Total Return 1.78% 45% F 52% F
Risk Return Profile  
Volatility (Standard Deviation) 5.80% 58% F 87% B+
Risk Adjusted Return 20.40% 92% A 40% F
Market Capitalization 0.04B 40% F 21% 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.

What to not like:
Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.