HGY:CA:TSX-Horizons Gold Yield ETF

ETF | Commodity | Toronto Stock Exchange

Last Closing Price

CAD 5.21

Change

+0.04 (+0.77)%

Market Cap

CAD 0.02B

Volume

4.40K

Yahoo Analyst Target

N/A

STA Analyst Target

N/A
Yahoo Analyst Rating

N/A

STA Analyst Rating

N/A

STA Verdict

Verdict

About

The fund are to provide Unitholders with: (i) exposure to the price of gold bullion hedged to the Canadian dollar, less the ETF?s fees and expenses; (ii) tax-efficient monthly distributions; and (iii) in order to mitigate downside risk and generate income, exposure to a covered call option writing strategy. It seeks to achieve its investment objectives by entering into a forward purchase and sale agreement with a Canadian chartered bank pursuant to which it will gain exposure to the Gold Portfolio.The Gold Portfolio is comprised primarily of exchange-traded funds, which are directly, or indirectly, and only, exposed to gold bullion but may include gold futures contracts from time to time.

Inception Date: 17/12/2010

Primary Benchmark: Not Benchmarked

Primary Index: CIBC WM 91 Day Treasury Bill CAD

Gross Expense Ratio: NA%

Management Expense Ratio: 1.18 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Symbol Company Name Allocation
GLD SPDR Gold Trust 100.56 %
Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2018-01-15 )

Largest Industry Peers for Commodity

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

+0.19 (+1.65%)

CAD 0.36B
CGL.C:CA iShares Gold Bullion ETF (Non-.. 0.56 %

+0.01 (+0.07%)

CAD 0.10B
SBT.B:CA Silver Bullion Trust 0.59 %

+0.08 (+0.67%)

CAD 0.05B
SVR:CA iShares Silver Bullion ETF (CA.. 0.67 %

+0.12 (+1.27%)

CAD 0.05B
HUC:CA Horizons Crude Oil ETF 0.86 %

+0.04 (+0.31%)

CAD 0.02B
CCX:CA Canadian Crude Oil Index ETF 0.93 %

+0.07 (+0.74%)

CAD 0.02B
SVR.C:CA iShares Silver Bullion ETF (No.. 0.67 %

-0.16 (-1.86%)

CAD 0.02B
HUZ:CA Horizons Silver ETF 0.75 %

+0.15 (+1.57%)

CAD 0.02B
HNY:CA Horizons Natural Gas Yield ETF 2.47 %

-0.25 (-2.20%)

CAD 0.01B
HUG:CA Horizons Gold ETF 0.75 %

+0.01 (+0.08%)

CAD 0.01B

ETFs Containing HGY:CA

N/A

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 2.56% 58% F 67% D+
Dividend Return N/A N/A N/A N/A N/A
Total Return 2.56% 58% F 67% D+
Trailing 12 Months  
Capital Gain 2.76% 67% D+ 48% F
Dividend Return 4.64% 50% F 60% D-
Total Return 7.40% 75% C 49% F
Trailing 5 Years  
Capital Gain -42.11% 45% F 19% F
Dividend Return 5.82% 50% F 13% F
Total Return -36.29% 55% F 19% F
Average Annual (5 Year Horizon)  
Capital Gain -8.11% 38% F 9% F
Dividend Return -6.22% 46% F 10% F
Total Return 1.91% 50% F 38% F
Risk Return Profile  
Volatility (Standard Deviation) 9.46% 92% A- 69% D+
Risk Adjusted Return -65.80% 23% F 4% F
Market Capitalization 0.02B 62% D- 19% 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.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

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.