ducovest

HAL:CA:TSX-Horizons Active Cdn Dividend ETF (CAD)

ETF | Canadian Dividend and Income Equity | Toronto Stock Exchange

Last Closing

CAD 19.73

Change

-0.07 (-0.35)%

Market Cap

CAD 0.02B

Volume

8.96K

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The investment seeks long-term total returns consisting of regular dividend income and modest long-term capital growth. The fund invests primarily in equity securities of major North American companies with above average dividend yields. It will seek to hedge its U.S. currency exposure at all times.

Company Website : www.horizonsetfs.com

Currency: CAD

Country : Canada

Inception Date: 09/02/2010

Primary Benchmark: S&P/TSX Dividend Aristocrats

Primary Index: S&P/TSX Composite TR

Gross Expense Ratio: NA%

Management Expense Ratio: 0.78 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Symbol Company Name Allocation
RY Royal Bank of Canada 6.31 %
TD Toronto Dominion Bank 5.65 %
FPNUF FP Newspapers Inc 3.98 %
T AT&T Inc 3.86 %
CNQ Canadian Natural Resources Ltd 3.85 %
BCE BCE Inc 3.70 %
GEF Greif Bros Corporation 3.53 %
WCN Waste Connections Inc 3.32 %
TBLT Toughbuilt Industries Inc 3.30 %
AQN Algonquin Power & Utilities Corp 3.21 %
Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-03-27 )

Largest Industry Peers for Canadian Dividend and Income Equity

Symbol Name Mer Price(Change) Market Cap
VDY:CA Vanguard FTSE Canadian High Di.. 0.22 %

+0.07 (+0.16%)

 CAD 2.48B
ZWC:CA BMO Canadian High Dividend Cov.. 0.72 %

-0.06 (-0.35%)

 CAD 1.62B
XEI:CA iShares S&P/TSX Composite High.. 0.22 %

+0.04 (+0.16%)

 CAD 1.57B
XDV:CA iShares Canadian Select Divide.. 0.55 %

+0.05 (+0.19%)

 CAD 1.51B
XDIV:CA iShares Core MSCI Canadian Qua.. 0.11 %

+0.13 (+0.49%)

 CAD 1.04B
ZDV:CA BMO Canadian Dividend 0.38 %

-0.01 (-0.03%)

 CAD 0.97B
CDZ:CA iShares S&P/TSX Canadian Divid.. 0.66 %

+0.09 (+0.29%)

 CAD 0.86B
PDC:CA Invesco Canadian Dividend Inde.. 0.55 %

-0.07 (-0.23%)

 CAD 0.76B
DGRC:CA CI WisdomTree Canada Quality D.. 0.24 %

+0.18 (+0.47%)

 CAD 0.72B
DXC:CA Dynamic Active Canadian Divide.. 0.86 %

+0.07 (+0.20%)

 CAD 0.24B

ETFs Containing HAL:CA

N/A

Market Performance

  Market Performance vs. Industry/Classification (Canadian Dividend and Income Equity) Market Performance vs. Exchange (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 5.51% 94% A 54% F
Dividend Return 0.86% 23% F 39% F
Total Return 6.36% 94% A 56% F
Trailing 12 Months  
Capital Gain 2.71% 25% F 44% F
Dividend Return 4.34% 54% F 68% D+
Total Return 7.05% 19% F 48% F
Trailing 5 Years  
Capital Gain 18.93% 38% F 53% F
Dividend Return 18.69% 64% D 82% B
Total Return 37.62% 44% F 59% D-
Average Annual (5 Year Horizon)  
Capital Gain 2.83% 19% F 55% F
Dividend Return 6.30% 19% F 62% D
Total Return 3.47% 71% C- 79% B-
Risk Return Profile  
Volatility (Standard Deviation) 13.16% 94% A 60% D-
Risk Adjusted Return 47.87% 56% F 76% C+
Market Capitalization 0.02B 25% F 40% 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.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

What to not like:
Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

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.