HGY:CA:TSX-Horizons Gold Yield ETF

ETF | Commodity | Toronto Stock Exchange

Last Closing Price

CAD 4.92

Change

+0.04 (+0.82)%

Market Cap

CAD 0.03B

Volume

6.60K

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: 0.80 %

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: 2019-07-17 )

Largest Industry Peers for Commodity

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

+0.18 (+1.52%)

CAD 0.37B
CGL.C:CA iShares Gold Bullion ETF 0.56 %

+0.19 (+1.19%)

CAD 0.17B
SVR:CA iShares Silver Bullion ETF 0.66 %

+0.15 (+1.81%)

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

+0.37 (+3.36%)

CAD 0.04B
KILO.B:CA Purpose Gold Bullion Fund 0.00 %

+0.33 (+1.47%)

CAD 0.03B
HUG:CA Horizons Gold ETF 0.75 %

+0.17 (+1.37%)

CAD 0.02B
SVR.C:CA iShares Silver Bullion ETF 0.67 %

+0.20 (+2.49%)

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

-0.10 (-0.78%)

CAD 0.02B
KILO:CA Purpose Gold Bullion Fund 0.00 %

+0.29 (+1.30%)

CAD 0.01B
CCX:CA Canadian Crude Oil Index ETF 0.93 %

-0.19 (-1.93%)

CAD 9.17M

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 5.13% 50% F 51% F
Dividend Return 2.21% 50% F 49% F
Total Return 7.34% 63% D 52% F
Trailing 12 Months  
Capital Gain 5.92% 69% D+ 81% B-
Dividend Return 4.47% 50% F 60% D-
Total Return 10.39% 69% D+ 84% B
Trailing 5 Years  
Capital Gain -24.66% 55% F 38% F
Dividend Return 12.67% 50% F 33% F
Total Return -11.98% 55% F 33% F
Average Annual (5 Year Horizon)  
Capital Gain -5.88% 23% F 14% F
Dividend Return -2.47% 54% F 16% F
Total Return 3.44% 50% F 59% F
Risk Return Profile  
Volatility (Standard Deviation) 7.81% 85% B 67% D+
Risk Adjusted Return -31.56% 31% F 14% F
Market Capitalization 0.02B 69% D+ 24% 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.