HGY:CA:TSX-Horizons Gold Yield ETF

ETF | Commodity | Toronto Stock Exchange

Last Closing Price

CAD 4.70

Change

0.00 (0.00)%

Market Cap

CAD 0.02B

Volume

100.00

Average Target Price

N/A
Average 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: N/A

Primary Index: CIBC WM 91 Day Treasury Bill CAD

Gross Expense Ratio: NA%

Management Expense Ratio: 1.19 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings
Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2019-01-17 )

Largest Industry Peers for Commodity

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

-0.05 (-0.45%)

CAD 0.31B
CGL.C:CA iShares Gold Bullion ETF (Non-.. 0.55 %

N/A

CAD 0.11B
SVR:CA iShares Silver Bullion ETF (CA.. 0.65 %

-0.06 (-0.72%)

CAD 0.05B
SBT.B:CA Purpose Silver Bullion Fund 0.66 %

N/A

CAD 0.05B
CCX:CA Canadian Crude Oil Index ETF 0.93 %

N/A

CAD 0.03B
HUZ:CA Horizons Silver ETF 0.76 %

-0.05 (-0.60%)

CAD 0.02B
SVR.C:CA iShares Silver Bullion ETF (No.. 0.65 %

-0.02 (-0.24%)

CAD 0.02B
HUC:CA Horizons Crude Oil ETF 0.87 %

-0.01 (-0.08%)

CAD 0.02B
HUG:CA Horizons Gold ETF 0.76 %

-0.01 (-0.09%)

CAD 0.01B
HNY:CA Horizons Natural Gas Yield ETF 2.11 %

+0.14 (+1.05%)

CAD 7.78M

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 0.43% 58% F 27% F
Dividend Return N/A N/A N/A N/A N/A
Total Return 0.43% 58% F 27% F
Trailing 12 Months  
Capital Gain -9.09% 38% F 51% F
Dividend Return 3.87% 50% F 52% F
Total Return -5.23% 46% F 53% F
Trailing 5 Years  
Capital Gain -26.56% 45% F 31% F
Dividend Return 11.31% 50% F 27% F
Total Return -15.25% 55% F 29% F
Average Annual (5 Year Horizon)  
Capital Gain -6.48% 38% F 13% F
Dividend Return -3.56% 54% F 14% F
Total Return 2.95% 50% F 53% F
Risk Return Profile  
Volatility (Standard Deviation) 8.30% 85% B 68% D+
Risk Adjusted Return -42.90% 38% F 9% F
Market Capitalization 0.02B 38% F 18% 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:
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.

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.