HGY:CA:TSX-Horizons Gold Yield ETF

ETF | Commodity | Toronto Stock Exchange

Last Closing Price

CAD 4.75

Change

0.00 (0.00)%

Market Cap

CAD 0.02B

Volume

530.00

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: 2019-03-22 )

Largest Industry Peers for Commodity

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

+0.03 (+0.27%)

CAD 0.35B
CGL.C:CA iShares Gold Bullion ETF (Non-.. 0.55 %

+0.16 (+1.05%)

CAD 0.13B
SBT.B:CA Purpose Silver Bullion Fund 0.66 %

-0.11 (-0.96%)

CAD 0.05B
SVR:CA iShares Silver Bullion ETF (CA.. 0.65 %

N/A

CAD 0.05B
HUC:CA Horizons Crude Oil ETF 0.87 %

-0.17 (-1.24%)

CAD 0.02B
HUZ:CA Horizons Silver ETF 0.76 %

-0.01 (-0.12%)

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

-0.01 (-0.12%)

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

-0.22 (-2.28%)

CAD 0.01B
HUG:CA Horizons Gold ETF 0.76 %

+0.10 (+0.87%)

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

N/A

CAD 7.37M

ETFs Containing HGY:CA

Symbol Name Weight Mer Price(Change) Market Cap

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 1.50% 58% F 29% F
Dividend Return 0.75% 50% F 34% F
Total Return 2.25% 67% D+ 30% F
Trailing 12 Months  
Capital Gain -6.86% 31% F 41% F
Dividend Return 3.83% 50% F 50% F
Total Return -3.04% 54% F 43% F
Trailing 5 Years  
Capital Gain -29.73% 36% F 28% F
Dividend Return 11.23% 50% F 28% F
Total Return -18.51% 55% F 27% F
Average Annual (5 Year Horizon)  
Capital Gain -6.43% 23% F 13% F
Dividend Return -3.35% 54% F 15% F
Total Return 3.12% 50% F 55% F
Risk Return Profile  
Volatility (Standard Deviation) 8.16% 85% B 68% D+
Risk Adjusted Return -41.09% 38% F 11% F
Market Capitalization 0.02B 62% D- 20% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

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.