HXQ.U
Investment Objective
HXQ seeks to replicate, to the extent possible, the performance of the NASDAQ-100® Index (Total Return), net of expenses. The NASDAQ-100® Index (Total Return) includes 100 of the largest domestic and international nonfinancial companies listed on The NASDAQ Stock Market.
Fund Details
Ticker
HXQ.U
Inception Date
April 19, 2016
Net Assets ?
$542,208,618
As at May 30, 2023
Consolidated Prior Day Volume ?
22 495
For May 30, 2023
Average Daily Trading Volume Over a 12 Month Period ?
12,101
As at May 30, 2023
Exchange
Toronto Stock Exchange
Investment Manager
Horizons ETFs Management (Canada) Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Benchmark
Bloomberg Index Ticker
XNDX
Management Fee
0.25%
(Plus applicable sales tax)
Management Expense Ratio ?
0.28%
As at December 31, 2022
Currency
USD
Currency Hedging
N/A
LEI ?
549300ZB15IDXIFJO386
Index Investment Metrics
As at April 28, 2023
Index 12-Month Trailing Yield ?
0.84
Current Index Yield ?
0.87
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 $10,000 since its inception, on a total return basis. Distributions, if any, are treated as reinvested, and it does not take into account sales, redemption, distribution or optional charges or income taxes payable by any security holder. The NAV values do contemplate management fees and other fund expenses where paid by the fund. The chart is not a performance chart and is not indicative of future value which will vary.
Annualized Performance (%) *
| 1mo | 3mo | 6mo | YTD | 1 yr | 3 yr | 5 yr | 10 yr | SIR** | |
|---|---|---|---|---|---|---|---|---|---|
| Horizons NASDAQ-100® Index ETF | 0.50 | 9.58 | 16.41 | 21.21 | 3.57 | 14.20 | 15.43 | -- | 16.99 | Nasdaq 100 (Total Return) | 0.52 | 9.70 | 16.67 | 21.40 | 3.99 | 14.66 | 15.98 | -- | 17.63 |
**Fund performance since inception on April 19, 2016, as at April 30, 2023
Calendar Year Performance (%) *
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|---|---|
|
Horizons NASDAQ-100® Index ETF |
-- | -- | 32.11 | -0.61 | 38.55 | 48.28 | 26.98 | -32.61 | Nasdaq 100 (Total Return) | -- | -- | 32.99 | 0.04 | 39.46 | 48.88 | 27.51 | -32.38 |
Horizons HXQ is listed in both Cdn$ and US$. The performance of the US$ units of Horizons HXQ directly corresponds to the performance, in U.S. dollar terms, of the NASDAQ-100® Index (Total Return), net of expenses. The performance of the Cdn$ units of Horizons HXQ will generally, but not directly, correspond to the performance, in Canadian dollar terms, of the NASDAQ-100® Index (Total Return), net of expenses. The difference in the performance of the Cdn$ units of Horizons HXQ compared to the performance, in Canadian dollar terms, of the NASDAQ-100® Index (Total Return), net of expenses, is solely a result of the differences in daily FX rates used by the ETF and the Index provider to determine the NAV and Index level respectively, in Canadian Dollar terms. These differences are not an accurate representation of the index tracking for Horizons HXQ in meeting its investment objective. Please refer to the HXQ.U Annualized Performance for an accurate representation of the index tracking for Horizons HXQ.
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 April 28, 2023| Information Technology | 49.13% |
| Communication Services | 16.94% |
| Consumer Goods | 14.27% |
| Health Care | 6.31% |
| Consumer Service | 6.13% |
| Industrial Services | 4.39% |
| Financials | 1.24% |
| Utilities | 1.17% |
| Energy | 0.42% |
Top 10 Index Holdings
As at April 30, 2023| Security Name | Weight |
|---|---|
| Microsoft Corp | 13.33% |
| Apple Inc | 12.64% |
| Amazon.com Inc | 6.32% |
| NVIDIA Corp | 5.20% |
| Meta Platforms Inc Cl A | 4.06% |
| Alphabet Inc Cl A | 3.81% |
| Alphabet Inc Cl C | 3.78% |
| Tesla Inc | 3.04% |
| PepsiCo Inc | 2.00% |
| Broadcom Inc | 1.98% |
Education
Regulatory and Legal
Financial Reports
At a Glance
Investment Objective
HXQ seeks to replicate, to the extent possible, the performance of the NASDAQ-100® Index (Total Return), net of expenses. The NASDAQ-100® Index (Total Return) includes 100 of the largest domestic and international nonfinancial companies listed on The NASDAQ Stock Market.
Product Facts
Fund Details
Ticker
HXQ.U
Inception Date
April 19, 2016
Net Assets ?
$542,208,618
As at May 30, 2023
Consolidated Prior Day Volume ?
22 495
ForMay 30, 2023
Average Daily Trading Volume Over a 12 Month Period ?
12,101
As at May 30, 2023
Exchange
Toronto Stock Exchange
Investment Manager
Horizons ETFs Management (Canada) Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Benchmark
Bloomberg Index Ticker
XNDX
Management Fee
0.25%
(Plus applicable sales tax)
Management Expense Ratio ?
0.28%
As at December 31, 2022
Currency
USD
Currency Hedging
N/A
LEI ?
549300ZB15IDXIFJO386
Index Investment Metrics
As at April 28, 2023
Index 12-Month Trailing Yield ?
0.84
Current Index Yield ?
0.87
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 $10,000 since its inception, on a total return basis. Distributions, if any, are treated as reinvested, and it does not take into account sales, redemption, distribution or optional charges or income taxes payable by any security holder. The NAV values do contemplate management fees and other fund expenses where paid by the fund. The chart is not a performance chart and is not indicative of future value which will vary.
Performance & Distributions
Annualized Performance (%) *
| 1mo | 3mo | 6mo | YTD | 1 yr | 3 yr | 5 yr | 10 yr | SIR** | |
|---|---|---|---|---|---|---|---|---|---|
| Horizons NASDAQ-100® Index ETF | 0.50 | 9.58 | 16.41 | 21.21 | 3.57 | 14.20 | 15.43 | -- | 16.99 | Nasdaq 100 (Total Return) | 0.52 | 9.70 | 16.67 | 21.40 | 3.99 | 14.66 | 15.98 | -- | 17.63 |
**Fund performance since inception on April 19, 2016, as at April 30, 2023
Calendar Year Performance (%)
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|---|---|
| Horizons NASDAQ-100® Index ETF | -- | -- | 32.11 | -0.61 | 38.55 | 48.28 | 26.98 | -32.61 | Nasdaq 100 (Total Return) | -- | -- | 32.99 | 0.04 | 39.46 | 48.88 | 27.51 | -32.38 |
Horizons HXQ is listed in both Cdn$ and US$. The performance of the US$ units of Horizons HXQ directly corresponds to the performance, in U.S. dollar terms, of the NASDAQ-100® Index (Total Return), net of expenses. The performance of the Cdn$ units of Horizons HXQ will generally, but not directly, correspond to the performance, in Canadian dollar terms, of the NASDAQ-100® Index (Total Return), net of expenses. The difference in the performance of the Cdn$ units of Horizons HXQ compared to the performance, in Canadian dollar terms, of the NASDAQ-100® Index (Total Return), net of expenses, is solely a result of the differences in daily FX rates used by the ETF and the Index provider to determine the NAV and Index level respectively, in Canadian Dollar terms. These differences are not an accurate representation of the index tracking for Horizons HXQ in meeting its investment objective. Please refer to the HXQ.U Annualized Performance for an accurate representation of the index tracking for Horizons HXQ.
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 April 28, 2023| Information Technology | 49.13% |
| Communication Services | 16.94% |
| Consumer Goods | 14.27% |
| Health Care | 6.31% |
| Consumer Service | 6.13% |
| Industrial Services | 4.39% |
| Financials | 1.24% |
| Utilities | 1.17% |
| Energy | 0.42% |
Top 10 Index Holdings
As at April 30, 2023| Security Name | Weight |
|---|---|
| Microsoft Corp | 13.33% |
| Apple Inc | 12.64% |
| Amazon.com Inc | 6.32% |
| NVIDIA Corp | 5.20% |
| Meta Platforms Inc Cl A | 4.06% |
| Alphabet Inc Cl A | 3.81% |
| Alphabet Inc Cl C | 3.78% |
| Tesla Inc | 3.04% |
| PepsiCo Inc | 2.00% |
| Broadcom Inc | 1.98% |
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