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CASH

Horizons High Interest Savings ETF

Price
$50.02
$0.01
0.01%
NAV
$50.0149
$0.0067
0.01%

Benchmark

Fixed Income

Fact Sheet
Learn more about CASH

QQCC

Horizons NASDAQ-100 Covered Call ETF

Price
$9.92
$0.16
1.64%
NAV
$9.9784
$0.2207
2.26%

Active

Covered Call

Fact Sheet
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HRAA

Horizons ReSolve Adaptive Asset Allocation ETF

Price
$10.99
$0.13
1.20%
NAV
$11.0271
$0.0820
0.75%

Active

Corporate Class – Alternative

Fact Sheet
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HXX

Horizons Europe 50 Index ETF

Get the Total Return on Eurozone Equities

Horizons Europe 50 Index ETF (HXX) provides exposure to the performance of the Solactive Europe 50 Rolling Futures Index (Total Return). The Index is designed to measure the performance of the largest 50 stocks listed in the Eurozone.

Key Features

• The Total Return Index Advantage: HXX is part of the Horizons Total Return Index family of ETFs. HXX uses a total return swap contract to replicate the performance of the Index. This structure typically reduces the tracking error (net of currency forward costs) associated with replicating an index and increases tax efficiency
• Tax Efficiency: HXX is not expected to make taxable distributions
• Automatic Reinvestment: The reinvestment of index constituent distributions are reflected in HXX’s net asset value (NAV) on their ex-date, which can result in more efficient compounding than ETFs that compound only quarterly or monthly
• Exposure to Solactive Europe 50 Index: Gain exposure to the 50 largest companies

Investment Objective

HXX seeks to replicate, to the extent possible, the performance of the Solactive Europe 50 Rolling Futures Index (Total Return), net of expenses. The Solactive Europe 50 Rolling Futures Index (Total Return) is designed to measure the performance of 50 of the largest companies that are sector leaders in the Eurozone.

Effective December 2, 2020, the name and the Index of the ETF were changed.

Fund Details

Ticker
HXX
Inception Date
December 06, 2016
Net Assets ?
$90,537,273
As at  February 01, 2023
Consolidated Prior Day Volume ?
317,648
For  February 02, 2023
Average Daily Trading Volume Over a 12 Month Period ?
6,545
As at  February 02, 2023
Exchange
Toronto Stock Exchange
Investment Manager
Horizons ETFs Management (Canada) Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Bloomberg Index Ticker
SOEU50RF
Management Fee
0.17%
(Plus applicable sales tax)
Management Expense Ratio ?
0.19%
As at June 30, 2022
Swap Fee
No more than 0.30%
Currency
CAD
Currency Hedging
N/A
Counterparty Exposure ?
15.22%
As at January 31, 2023
LEI ?
54930046FH8EE1LKXF84
NAV / Unit
$41.3004
Price
$41.26
Premium Discount
$-0.04
Premium Discount Percentage
-0.11%
Outstanding Shares
2,228,440
Index 12-Month Trailing Yield ?
3.53
Current Index Yield ?
3.61

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 Europe 50 Index ETF 10.39 24.01 25.34 10.39 5.10 7.10 4.76 -- 8.10

**Fund performance since inception on December 06, 2016, as at January 31, 2023

Calendar Year Performance (%) *

2015 2016 2017 2018 2019 2020 2021 2022

Horizons Europe 50 Index ETF

-- -- 16.04 -9.04 21.05 5.39 13.84 -9.51

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 December 30, 2022
Consumer Goods 18.29%
Financials 16.30%
Information Technology 14.08%
Industrial Services 12.94%
Materials 10.27%
Consumer Service 7.97%
Health Care 7.13%
Energy 6.58%
Utilities 3.62%
Communication Services 2.28%
Real Estate 0.55%

Geographic Exposure

As at December 30, 2022
France 40.18%
Germany 25.07%
Netherlands 13.90%
Spain 6.07%
Britain 5.31%
Italy 3.77%
Finland 2.12%
Ireland 1.80%
Belgium 1.77%

Top 10 Holdings

As at December 31, 2022
Security Name Weight
ASML Holding NV 7.16%
LVMH Moet Hennessy Louis Vuitton SE 6.26%
TotalEnergies SE 5.42%
Linde PLC 5.31%
Sanofi SA 3.64%
Sap SE 3.48%
Siemens AG Cl N 3.38%
Allianz SE 2.86%
L'Oreal SA 2.86%
Schneider Electric SE 2.63%
At a Glance

Get the Total Return on Eurozone Equities

Horizons Europe 50 Index ETF (HXX) provides exposure to the performance of the Solactive Europe 50 Rolling Futures Index (Total Return). The Index is designed to measure the performance of the largest 50 stocks listed in the Eurozone.

Key Features

• The Total Return Index Advantage: HXX is part of the Horizons Total Return Index family of ETFs. HXX uses a total return swap contract to replicate the performance of the Index. This structure typically reduces the tracking error (net of currency forward costs) associated with replicating an index and increases tax efficiency
• Tax Efficiency: HXX is not expected to make taxable distributions
• Automatic Reinvestment: The reinvestment of index constituent distributions are reflected in HXX’s net asset value (NAV) on their ex-date, which can result in more efficient compounding than ETFs that compound only quarterly or monthly
• Exposure to Solactive Europe 50 Index: Gain exposure to the 50 largest companies

Product Facts

Investment Objective

HXX seeks to replicate, to the extent possible, the performance of the Solactive Europe 50 Rolling Futures Index (Total Return), net of expenses. The Solactive Europe 50 Rolling Futures Index (Total Return) is designed to measure the performance of 50 of the largest companies that are sector leaders in the Eurozone.

Effective December 2, 2020, the name and the Index of the ETF were changed.

Fund Details

Ticker
HXX
Inception Date
December 06, 2016
Net Assets ?
$90,537,273
As at February 01, 2023
Consolidated Prior Day Volume ?
317,648
For February 02, 2023
Average Daily Trading Volume Over a 12 Month Period ?
6,545
As at February 02, 2023
Exchange
Toronto Stock Exchange
Investment Manager
Horizons ETFs Management (Canada) Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Bloomberg Index Ticker
SOEU50RF
Management Fee
0.17%
(Plus applicable sales tax)
Management Expense Ratio ?
0.19%
 As at June 30, 2022
Swap Fee
No more than 0.30%
Currency
CAD
Currency Hedging
N/A
Counterparty Exposure ?
15.22%
As at January 31, 2023
LEI ?
54930046FH8EE1LKXF84
NAV / Unit
$41.3004
Price
$41.26
Premium Discount
$-0.04
Premium Discount Percentage
-0.11%
Outstanding Shares
2,228,440
Index 12-Month Trailing Yield ?
3.53
Current Index Yield ?
3.61

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 Europe 50 Index ETF 10.39 24.01 25.34 10.39 5.10 7.10 4.76 -- 8.10

**Fund performance since inception on December 06, 2016, as at January 31, 2023

Calendar Year Performance (%)

2015 2016 2017 2018 2019 2020 2021 2022
Horizons Europe 50 Index ETF -- -- 16.04 -9.04 21.05 5.39 13.84 -9.51

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 December 30, 2022
Consumer Goods 18.29%
Financials 16.30%
Information Technology 14.08%
Industrial Services 12.94%
Materials 10.27%
Consumer Service 7.97%
Health Care 7.13%
Energy 6.58%
Utilities 3.62%
Communication Services 2.28%
Real Estate 0.55%

Geographic Exposure

As at  December 30, 2022
France 40.18%
Germany 25.07%
Netherlands 13.90%
Spain 6.07%
Britain 5.31%
Italy 3.77%
Finland 2.12%
Ireland 1.80%
Belgium 1.77%

Top 10 Holdings

As at December 31, 2022
Security Name Weight
ASML Holding NV 7.16%
LVMH Moet Hennessy Louis Vuitton SE 6.26%
TotalEnergies SE 5.42%
Linde PLC 5.31%
Sanofi SA 3.64%
Sap SE 3.48%
Siemens AG Cl N 3.38%
Allianz SE 2.86%
L'Oreal SA 2.86%
Schneider Electric SE 2.63%

Related Posts

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