Global X S&P/TSX Capped Financials Index Corporate Class ETF
HXF provides investors with targeted exposure to the Canadian financials sector by tracking the performance of the S&P/TSX Capped Financials Index, where the relative weight of any constituent issuer is capped at 25%.
HXF allows investors to strategically allocate their portfolios to the financial sector, potentially capitalizing on opportunities for growth and income within this specific segment of the Canadian equity market.
Part of the Global X Total Return Index family of ETFs, HXF's usage of a total return swap contract to replicate index performance typically increases tax efficiency. Further, HXF is not expected to make taxable distributions, making it potentially advantageous for taxable accounts.
NAV
$69.08
$-0.0161
-0.02%
Volume Real-time volume on the Toronto Stock Exchange only
6
Price
$69.05
$0.88
1.29%
Last Close
$68.17
Prices delayed by 15 minutes.
Last Trade: May 10, 2024Risk Rating: Risk Rating is based on how much the ETF's returns have changed from year to year. It doesn't tell you how volatile the ETF will be in the future. The rating can change overtime. An ETF with a low risk rating can still lose money.
Medium
Ticker
HXF
CUSIP
37962R108
Inception Date
September 16, 2013
Net Assets The value of all assets, less the value of all liabilities, at a particular point in time. (Includes all classes of this ETF)
$79,066,451
Consolidated Prior Day Volume The ETF’s aggregate volume traded on all Canadian exchanges
3,503
Average Daily Trading Volume Over a 12 Month Period The ETF’s aggregate average daily trading volume over a 12 month period traded on all Canadian exchanges
3,762
Exchange
Toronto Stock Exchange
Investment Manager
Global X Investments Canada Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Bloomberg Index Ticker
TTFSAR
Management Fee
0.25% (Plus applicable sales tax)
Management Expense Ratio Management expense ratio (“MER”) is based on total expenses, including sales tax, (excluding commissions and other portfolio transaction costs) for the stated period for each ETF and is expressed as an annualized percentage of each ETF’s daily average net asset value during the period. Out of its management fees, the Manager pays for such services to the ETF as investment manager compensation, service fees and marketing.
0.28% As at December 31, 2023
Trading Expense Ratio The trading expense ratio (“TER”) represents total commissions and other portfolio transaction costs incurred by each ETF expressed as an annualized percentage of each ETF’s daily average net asset value during the period.
0.00% As at December 31, 2023
Currency
CAD
Currency Hedging
N/A
LEI The LEI is the Legal Entity Identifier, which is an identification code under international standards for the accurate identification of legal entities like the ETF.
549300YJBCQHH7AOTT09
As at May 10, 2024
NAV / Unit
$69.08
Closing Price
$67.42
Premium Discount
$-1.66
Premium Discount Percentage
-2.47%
Outstanding Shares
1,144,515
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.
|
dates |
1 mo | 3 mo | 6 mo | YTD | 1 yr | 3 yr | 5 yr | 10 yr | SIR* |
|---|---|---|---|---|---|---|---|---|---|
| Global X S&P/TSX Capped Financials Index Corporate Class ETF | -2.85 | 2.76 | 21.47 | 2.46 | 10.96 | 6.89 | 8.51 | 8.74 | 9.68 |
| S&P/TSX Capped Financials Index (Total Return) | -2.82 | 2.84 | 21.64 | 2.57 | 11.27 | 7.19 | 8.80 | 9.08 | 10.02 |
*Fund performance since inception on September 16, 2013, as at April 30, 2024
|
dates |
2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|
| Global X S&P/TSX Capped Financials Index Corporate Class ETF | 23.68 | 12.98 | -9.48 | 21.04 | 1.38 | 36.13 | -9.63 | 13.56 |
| S&P/TSX Capped Financials Index (Total Return) | 24.15 | 13.32 | -9.22 | 21.36 | 1.62 | 36.50 | -9.38 | 13.86 |
As at March 31, 2024
Security Name
Weight
Royal Bank of Canada
19.64%
Toronto-Dominion Bank
14.83%
Bank of Montreal
9.80%
Bank of Nova Scotia
8.69%
Brookfield Corp Cl A
8.28%
Canadian Imperial Bank of Commerce
6.54%
Manulife Financial Corp
6.24%
Sun Life Financial Inc
4.42%
Intact Financial Corp
4.01%
National Bank of Canada
3.95%
Holdings are subject to change.