ducovest

HEE:CA:TSX-Horizons Enhanced Income Energy ETF Common (CAD)

ETF | Energy Equity | Toronto Stock Exchange

Last Closing

CAD 4.32

Change

-0.06 (-1.37)%

Market Cap

CAD 0.03B

Volume

7.32K

Analyst Target

N/A
Analyst Rating

N/A

ducovest Verdict

Verdict

About

The investment objective of Horizons HEE is to provide Unitholders with: (a) exposure to the performance of an equal weighted portfolio of Canadian companies that are involved in the crude oil and natural gas industry; and (b) monthly distributions of dividend and call option income. Horizons HEE will invest primarily in a portfolio of equity and equity related securities of Canadian companies that are primarily involved in the crude oil and natural gas industry and that, as at the Constituent Reset Date, are amongst the largest and most liquid issuers on the TSX in their sector.

Company Website : www.horizonsetfs.com

Currency: CAD

Country : Canada

Inception Date: 11/04/2011

Primary Benchmark: S&P/TSX Capped Energy TR

Primary Index: S&P/TSX Capped Energy TR

Gross Expense Ratio: NA%

Management Expense Ratio: 0.84 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Symbol Company Name Allocation
FUV Arcimoto Inc 7.16 %
Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2020-05-29 )

Largest Industry Peers for Energy Equity

Symbol Name Mer Price(Change) Market Cap
XEG:CA iShares S&P/TSX Capped Energy .. 0.61 %

+0.11 (+0.58%)

 CAD 1.70B
ZEO:CA BMO Equal Weight Oil & Gas Ind.. 0.61 %

+0.62 (+0.88%)

 CAD 0.20B
NXF:CA First Asset Energy Giants Cove.. 0.72 %

+0.07 (+1.10%)

 CAD 0.15B
HOG:CA Horizons Pipelines & Energy Se.. 0.64 %

-0.01 (-0.09%)

 CAD 0.03B
FHE:CA First Trust Indxx NextG ETF 0.77 %

N/A

 CAD 2.32M

ETFs Containing HEE:CA

N/A

Market Performance

  Market Performance vs. Industry/Classification (Energy Equity) Market Performance vs. Exchange (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -45.04% 44% F 9% A-
Dividend Return 0.76% 40% F 57% F
Total Return -44.28% 44% F 9% A-
Trailing 12 Months  
Capital Gain -46.00% 22% F 14% F
Dividend Return 1.27% 33% F 57% F
Total Return -44.73% 22% F 14% F
Trailing 5 Years  
Capital Gain -79.81% 22% F 12% F
Dividend Return 17.34% 75% C 67% D+
Total Return -62.48% 44% F 16% F
Average Annual (5 Year Horizon)  
Capital Gain -17.44% 13% F 7% C-
Dividend Return -12.25% 25% F 10% F
Total Return 5.19% 88% B+ 90% A-
Risk Return Profile  
Volatility (Standard Deviation) 19.06% 75% C 46% F
Risk Adjusted Return -64.27% 13% F 6% D-
Market Capitalization 0.03B 44% F 10% 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:
Underpriced on cashflow basis

The stock is trading low compared to its peers on a price to cash flow 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.

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.

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:
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.

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.