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HBNK

Horizons Equal Weight Banks Index ETF

Price
$20.96
$0.10
0.48%
NAV
$20.9449
$0.0880
0.42%

Benchmark

Sector Equity

Fact Sheet
Learn more about HBNK

SPAY

Horizons Short-Term U.S. Treasury Premium Yield ETF

Price
$27.04
$0.10
0.37%
NAV
$27.0305
$0.0888
0.33%

Active

Fixed Income

Fact Sheet
Learn more about SPAY

CASH

Horizons High Interest Savings ETF

Price
$50.16
$0.02
0.04%
NAV
$50.1421
$0.0066
0.01%

Benchmark

Fixed Income

Fact Sheet
Learn more about CASH
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HIX

BetaPro S&P/TSX 60™ Daily Inverse ETF

Investment Objective

HIX seeks daily investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to one times (100%) the inverse (opposite) of the daily performance of the S&P/TSX 60™ Index.

The returns of this ETF over periods longer than one day will, under most market conditions, be in the opposite direction from the performance of its Underlying Index for the same period, and the returns of an Inverse ETF can, based on historical returns, generally be expected to be substantially similar to the inverse performance of their Underlying Index for the same period. However, any deviation of returns of an Inverse ETF from the inverse performance of its Underlying Index can be expected to become more pronounced as the volatility of the Underlying Index, and/or the period of time, increases. Investors should monitor their investment in the ETF daily. Please read the prospectus and ensure you understand this ETF before investing in it.

Fund Details

Ticker
HIX
Inception Date
March 04, 2009
Net Assets ?
$11,634,983
As at  February 23, 2024
Consolidated Prior Day Volume ?
2 053
For  February 23, 2024
Average Daily Trading Volume Over a 12 Month Period ?
14,596
As at  February 23, 2024
Exchange
Toronto Stock Exchange
Investment Manager
Horizons ETFs Management (Canada) Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Bloomberg Index Ticker
TX60AR
Management Fee
1.15%
(Plus applicable sales tax)
Management Expense Ratio ?
1.65%
As at June 30, 2023
Currency
CAD
Currency Hedging
Seeks to hedge the U.S. dollar value of its portfolio to the Canadian dollar at all times
LEI ?
54930049QFL8Y6LFR940
NAV / Unit
$28.1208
Price
$28.12
Premium Discount
$0.00
Premium Discount Percentage
0.00%
Outstanding Shares
413,750

The NAV chart above only shows the historical daily net asset value per unit (NAV) of the ETF, and identifies the various distributions made by the ETF, if any. The distributions are not treated as reinvested, and it does not take into account sales, redemption, distribution or optional charges or income taxes payable by any security holder. The NAV values do contemplate management fees and other fund expenses. The chart is not a performance chart and is not indicative of future NAV values which will vary.

The Growth of 10K chart above is based on the historical daily net asset value per unit (NAV) of the ETF, and represents the value of an initial investment into the ETF of $10,000 since its inception, on a total return basis. Distributions, if any, are treated as reinvested, and it does not take into account sales, redemption, distribution or optional charges or income taxes payable by any security holder. The NAV values do contemplate management fees and other fund expenses where paid by the fund. The chart is not a performance chart and is not indicative of future value which will vary.

Annualized Performance (%) *

1mo 3mo 6mo YTD 1 yr 3 yr 5 yr 10 yr SIR**
BetaPro S&P/TSX 60™ Daily Inverse ETF 0.10 -9.91 -0.95 0.10 1.46 -8.50 -10.29 -8.87 -10.90

**Fund performance since inception on March 04, 2009, as at January 31, 2024

Calendar Year Performance (%) *

2016 2017 2018 2019 2020 2021 2022 2023

BetaPro S&P/TSX 60™ Daily Inverse ETF

-19.49 -9.69 8.29 -17.01 -15.83 -23.79 6.20 -5.18

The Inception Date shown is the inception date of the predecessor ETF of the same name which was structured as a trust. On November 27, 2019, after receiving unitholder approval, the predecessor ETF merged into a class of shares of a corporate fund structure. In accordance with exemptive relief, the data of the ETF presented here includes the historical data of the predecessor ETF in order to provide full disclosure of the ETF’s data.

Distributions

Distribution data is not currently available.

Sector Allocation

As at September 29, 2023
Financials 33.84%
Energy 18.61%
Industrial Services 12.68%
Materials 10.05%
Information Technology 8.17%
Consumer Service 4.45%
Communication Services 4.37%
Consumer Goods 3.91%
Utilities 3.22%
Real Estate 0.69%

Top 10 Index Holdings

As at September 30, 2023
Security Name Weight
Royal Bank of Canada 7.33%
Toronto-Dominion Bank 6.64%
Canadian Natural Resources Ltd 4.24%
Enbridge Inc 4.21%
Canadian Pacific Kansas City Ltd 4.16%
Shopify Inc Cl A 3.92%
Canadian National Railway Co 3.84%
Bank of Montreal 3.61%
Bank of Nova Scotia 3.23%
Brookfield Corp Cl A 2.73%
At a Glance

Investment Objective

HIX seeks daily investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to one times (100%) the inverse (opposite) of the daily performance of the S&P/TSX 60™ Index.

The returns of this ETF over periods longer than one day will, under most market conditions, be in the opposite direction from the performance of its Underlying Index for the same period, and the returns of an Inverse ETF can, based on historical returns, generally be expected to be substantially similar to the inverse performance of their Underlying Index for the same period. However, any deviation of returns of an Inverse ETF from the inverse performance of its Underlying Index can be expected to become more pronounced as the volatility of the Underlying Index, and/or the period of time, increases. Investors should monitor their investment in the ETF daily. Please read the prospectus and ensure you understand this ETF before investing in it.

Product Facts

Fund Details

Ticker
HIX
Inception Date
March 04, 2009
Net Assets ?
$11,634,983
As at  February 23, 2024
Consolidated Prior Day Volume ?
2 053
ForFebruary 23, 2024
Average Daily Trading Volume Over a 12 Month Period ?
14,596
As at  February 23, 2024
Exchange
Toronto Stock Exchange
Investment Manager
Horizons ETFs Management (Canada) Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Bloomberg Index Ticker
TX60AR
Management Fee
1.15%
(Plus applicable sales tax)
Management Expense Ratio ?
1.65%
 As at June 30, 2023
Currency
CAD
Currency Hedging
Seeks to hedge the U.S. dollar value of its portfolio to the Canadian dollar at all times
LEI ?
54930049QFL8Y6LFR940
NAV / Unit
$28.1208
Price
$28.12
Premium Discount
$0.00
Premium Discount Percentage
0.00%
Outstanding Shares
413,750

The NAV chart above only shows the historical daily net asset value per unit (NAV) of the ETF, and identifies the various distributions made by the ETF, if any. The distributions are not treated as reinvested, and it does not take into account sales, redemption, distribution or optional charges or income taxes payable by any security holder. The NAV values do contemplate management fees and other fund expenses. The chart is not a performance chart and is not indicative of future NAV values which will vary.

The Growth of 10K chart above is based on the historical daily net asset value per unit (NAV) of the ETF, and represents the value of an initial investment into the ETF of $10,000 since its inception, on a total return basis. Distributions, if any, are treated as reinvested, and it does not take into account sales, redemption, distribution or optional charges or income taxes payable by any security holder. The NAV values do contemplate management fees and other fund expenses where paid by the fund. The chart is not a performance chart and is not indicative of future value which will vary.

Performance & Distributions

Annualized Performance (%) *

1mo 3mo 6mo YTD 1 yr 3 yr 5 yr 10 yr SIR**
BetaPro S&P/TSX 60™ Daily Inverse ETF 0.10 -9.91 -0.95 0.10 1.46 -8.50 -10.29 -8.87 -10.90

**Fund performance since inception on March 04, 2009, as at January 31, 2024

Calendar Year Performance (%)

2016 2017 2018 2019 2020 2021 2022 2023
BetaPro S&P/TSX 60™ Daily Inverse ETF -19.49 -9.69 8.29 -17.01 -15.83 -23.79 6.20 -5.18

The Inception Date shown is the inception date of the predecessor ETF of the same name which was structured as a trust. On November 27, 2019, after receiving unitholder approval, the predecessor ETF merged into a class of shares of a corporate fund structure. In accordance with exemptive relief, the data of the ETF presented here includes the historical data of the predecessor ETF in order to provide full disclosure of the ETF’s data.

Distributions

Distribution data is not currently available.

Holdings

Sector Allocation

As at September 29, 2023
Financials 33.84%
Energy 18.61%
Industrial Services 12.68%
Materials 10.05%
Information Technology 8.17%
Consumer Service 4.45%
Communication Services 4.37%
Consumer Goods 3.91%
Utilities 3.22%
Real Estate 0.69%

Top 10 Index Holdings

As at September 30, 2023
Security Name Weight
Royal Bank of Canada 7.33%
Toronto-Dominion Bank 6.64%
Canadian Natural Resources Ltd 4.24%
Enbridge Inc 4.21%
Canadian Pacific Kansas City Ltd 4.16%
Shopify Inc Cl A 3.92%
Canadian National Railway Co 3.84%
Bank of Montreal 3.61%
Bank of Nova Scotia 3.23%
Brookfield Corp Cl A 2.73%

Related Posts

At Horizons ETFs, we believe in education as empowerment. We endeavor to equip Canadian investors with the knowledge and tools they need to navigate the investing world. From the ETF basics to more complex topics like how our suite of inverse and leveraged funds work, our comprehensive learning library aims to be accessible for all investors, from beginners to experienced traders!