HAC:CA:TSX-Horizons Seasonal Rotation ETF (CAD)

ETF | Alternative Equity Focused | Toronto Stock Exchange

Last Closing

CAD 31.73

Change

0.00 (0.00)%

Market Cap

CAD 0.18B

Volume

1.20K

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The investment objective of Horizons HAC is to seek to provide long term capital appreciation in all market cycles by tactically allocating its exposure amongst equities, fixed income, commodities and currencies during periods that have historically demonstrated seasonal trends. Horizons HAC invests primarily in Exchange Traded Products and futures contracts to gain exposure to the performance of Broad Markets or Sector Markets that at various times of the year have historically performed favourably.

Inception Date: 19/11/2009

Primary Benchmark: ---

Primary Index: CIBC WM 91 Day Treasury Bill CAD

Gross Expense Ratio: NA%

Management Expense Ratio: 1.27 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-11-09 )

Largest Industry Peers for Alternative Equity Focused

Symbol Name Mer Price(Change) Market Cap
HURA:CA Global X Uranium Index ETF 0.00 %

+0.24 (+0.64%)

CAD 0.10B
HDGE:CA Accelerate Absolute Return Hed.. 0.00 %

-0.18 (-0.63%)

CAD 0.04B
PHE:CA Purpose Tactical Hedged Equity 0.95 %

+0.12 (+0.33%)

CAD 4.11M

ETFs Containing HAC:CA

N/A

Market Performance

  Market Performance vs. Industry/Classification (Alternative Equity Focused) Market Performance vs. Exchange (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 12.12% 50% F 52% F
Dividend Return N/A N/A N/A N/A N/A
Total Return 12.12% 50% F 41% F
Trailing 12 Months  
Capital Gain 19.83% 75% C 55% F
Dividend Return 1.20% 67% D+ 10% F
Total Return 21.03% 100% F 47% F
Trailing 5 Years  
Capital Gain 43.06% 50% F 68% D+
Dividend Return 1.94% 100% F 3% F
Total Return 45.00% 75% C 57% F
Average Annual (5 Year Horizon)  
Capital Gain 10.89% 75% C 71% C-
Dividend Return 10.89% 50% F 66% D+
Total Return N/A N/A N/A N/A N/A
Risk Return Profile  
Volatility (Standard Deviation) 12.44% 75% C 64% D
Risk Adjusted Return 87.55% 75% C 92% A
Market Capitalization 0.18B 100% F 47% 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.

Underpriced compared to earnings

The stock is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

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.

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:
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.