ducovest

HUG:CA:TSX-Horizons COMEX Gold ETF (CAD)

ETF | Commodity | Toronto Stock Exchange

Last Closing

CAD 18.47

Change

+0.05 (+0.27)%

Market Cap

CAD 7.11M

Volume

1.40K

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The Horizons COMEX? Gold ETF (COMEX? Gold ETF) seeks investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to the performance of the COMEX? gold futures contract for a subsequent delivery month. Any U.S. dollar gains or losses as a result of the ETF's investment will be hedged back to the Canadian dollar to the best of the ETF's ability. If the COMEX? Gold ETF is successful in meeting its investment objective, its net asset value should gain approximately as much, on a percentage basis, as any increase in the COMEX? gold futures contract for a subsequent delivery month when the COMEX? gold futures contract for that delivery month rises on a given day.

Company Website : www.horizonsetfs.com

Currency: CAD

Country : Canada

Inception Date: 24/06/2009

Primary Benchmark: Solactive Gold Front Month MD RF ER USD

Primary Index: CIBC WM 91 Day Treasury Bill CAD

Gross Expense Ratio: NA%

Management Expense Ratio: 0.75 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Symbol Company Name Allocation
CBOE 0.06 %
Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-04-26 )

Largest Industry Peers for Commodity

Symbol Name Mer Price(Change) Market Cap
CGL:CA iShares Gold Bullion (CAD Hedg.. 0.55 %

N/A

 CAD 0.81B
SVR:CA iShares Silver Bullion CAD Hed.. 0.66 %

N/A

 CAD 0.09B
HGY:CA Global X Gold Yield ETF 0.80 %

N/A

 CAD 0.07B
HUZ:CA Global X Silver ETF 0.75 %

N/A

 CAD 0.03B
HUC:CA Global X Crude Oil ETF 0.87 %

N/A

 CAD 0.03B
HUN:CA Global X Natural Gas ETF 0.87 %

N/A

 CAD 0.01B
SBT:CA Silver Bullion Trust ETF Curre.. 0.61 %

N/A

 CAD 6.44M

ETFs Containing HUG:CA

HAC:CA Global X Seasonal Rotatio.. 0.00 % 1.27 %

N/A

 CAD 0.21B

Market Performance

  Market Performance vs. Industry/Classification (Commodity) Market Performance vs. Exchange (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 12.59% 50% F 79% B-
Dividend Return N/A N/A N/A N/A N/A
Total Return 12.59% 50% F 78% C+
Trailing 12 Months  
Capital Gain 15.51% 88% B+ 75% C
Dividend Return N/A N/A N/A N/A N/A
Total Return 15.51% 88% B+ 71% C-
Trailing 5 Years  
Capital Gain 62.59% 38% F 77% C+
Dividend Return N/A N/A N/A N/A N/A
Total Return 62.59% 38% F 75% C
Average Annual (5 Year Horizon)  
Capital Gain 5.90% 13% F 63% D
Dividend Return 5.90% 13% F 58% F
Total Return N/A N/A N/A N/A N/A
Risk Return Profile  
Volatility (Standard Deviation) 11.13% 100% F 67% D+
Risk Adjusted Return 53.03% 63% D 78% C+
Market Capitalization 7.11M 38% F 14% 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:
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.