ducovest

HGGG:CA:TSX-Harvest Global Gold Giants Index ETF (CAD)

ETF | Precious Metals Equity |

Last Closing

CAD 35.5

Change

-0.63 (-1.74)%

Market Cap

CAD 0.02B

Volume

N/A

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Gold is a longstanding source of defensiveness and ballast in any investor’s portfolio. The Harvest Global Gold Giants Index ETF is designed to give investors gold exposure through profitable large-scale gold miners. This is meant to minimize the impact of fluctuating gold prices for a portfolio, especially on the downside.

Company Website : http://www.harvestportfolios.com

Currency: CAD

Country : Canada

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-11-07 )

Largest Industry Peers for Precious Metals Equity

Symbol Name Price(Change) Market Cap
XGD:CA iShares S&P/TSX Global Gold In..

+0.30 (+1.30%)

 CAD 1.52B
ZGD:CA BMO Equal Weight Global Gold I..

+0.39 (+0.36%)

 CAD 0.13B
ZJG:CA BMO Junior Gold Index ETF

+0.51 (+0.53%)

 CAD 0.08B

ETFs Containing HGGG:CA

N/A

Market Performance

  Market Performance vs. Industry/Classification (Precious Metals Equity) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 33.96% 50% F 83% B
Dividend Return N/A N/A N/A N/A N/A
Total Return 33.96% 50% F 83% B
Trailing 12 Months  
Capital Gain 42.34% 50% F 82% B
Dividend Return N/A N/A N/A N/A N/A
Total Return 42.34% 50% F 82% B
Trailing 5 Years  
Capital Gain 54.15% 50% F 70% C-
Dividend Return N/A N/A N/A N/A N/A
Total Return 54.15% 50% F 70% C-
Average Annual (5 Year Horizon)  
Capital Gain 1.04% 50% F 38% F
Dividend Return 1.04% 50% F 30% F
Total Return N/A N/A N/A N/A N/A
Risk Return Profile  
Volatility (Standard Deviation) 20.23% 100% F 44% F
Risk Adjusted Return 5.16% 50% F 27% F
Market Capitalization 0.02B 25% F 12% 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:
Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

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 dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

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.