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Global X Carbon Credits ETF (CARB : TSX)

Alternative Other

Close
(07-11-2024)
$7.08
Change
$0.04 (0.57%)
Open -
Day Range - - -
Volume 0

As at June 30, 2024

Period
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Legend

Global X Carbon Credits ETF

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Fund Returns

Inception Return (February 09, 2022): -14.02%

Fund Returns
Row Heading Return Annualized Return
1 Mth 3 Mth 6 Mth YTD 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 6 Yr 7 Yr 8 Yr 9 Yr 10 Yr
Fund -8.80% 9.76% -17.19% -17.19% -27.76% -16.33% - - - - - - - -
Benchmark -1.42% -0.53% 6.05% 6.05% 12.13% 11.27% 5.98% 12.35% 9.28% 8.36% 8.65% 8.95% 7.89% 6.95%
Category Average -6.99% 30.48% 30.48% 30.48% 51.72% 49.33% 8.57% 8.53% 7.63% 6.39% 6.33% 6.43% 5.36% 5.00%
Category Rank 31 / 90 9 / 90 88 / 90 88 / 90 81 / 83 71 / 73 - - - - - - - -
Quartile Ranking 2 1 4 4 4 4 - - - - - - - -

Monthly Return

Monthly Return
Return % Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Fund -2.39% -0.71% -4.66% -2.92% -10.69% 8.88% -22.09% -12.40% 10.53% 11.06% 8.37% -8.80%
Benchmark 2.58% -1.37% -3.33% -3.21% 7.48% 3.91% 0.55% 1.82% 4.14% -1.82% 2.77% -1.42%

Best Monthly Return Since Inception

19.96% (October 2022)

Worst Monthly Return Since Inception

-22.09% (January 2024)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - - - - - - - -6.45%
Benchmark 10.55% -8.32% 21.08% 9.10% -8.89% 22.88% 5.60% 25.09% -5.84% 11.75%
Category Average 4.57% -0.60% 6.48% 4.63% -4.48% 6.64% 14.43% 7.75% -45.86% 66.56%
Quartile Ranking - - - - - - - - - 4
Category Rank - - - - - - - - - 72/ 79

Best Calendar Return (Last 10 years)

-6.45% (2023)

Worst Calendar Return (Last 10 years)

-6.45% (2023)

Asset Allocation

Sector Allocation

Geographic Allocation

Top Holdings

Equity Style

Equity style data not available

Fixed Income Style

Fixed income style data not available

Risk vs Return (3 Yr)

3 Yr Annualized

Standard Deviation - - -
Beta - - -
Alpha - - -
Rsquared - - -
Sharpe - - -
Sortino - - -
Treynor - - -
Tax Efficiency - - -
Volatility - - -

Risk Rating

Rating Not Available

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation - - - -
Beta - - - -
Alpha - - - -
Rsquared - - - -
Sharpe - - - -
Sortino - - - -
Treynor - - - -
Tax Efficiency - - - -

Fund Details

Start Date February 09, 2022
Instrument Type Exchange Traded Fund (Alternative)
Share Class Do-It-Yourself
Legal Status Corporation
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) -
52 Week High $9.98
52 Week Low $5.41
Annual Dividend -
Annual Yield -
Index -
Shares Outstanding -
Registered Plan Eligible Yes

ETF Characteristics

Exposure -
Asset Class High -
Asset Class Medium -
Asset Class Low -
Leveraged -
Inverse -
Advisor Series -
Covered Call Strategy No

Investment Objectives

The ETF seeks to replicate, to the extent possible and net of expenses, the performance of an index that seeks to provide exposure to investments in cap-and-trade carbon allowances. Currently, the ETF seeks to replicate the performance of the Global X Carbon Credits Rolling Futures Index (Excess Return), net of expenses. The ETF seeks to hedge any non-Canadian dollar portfolio exposure back to the Canadian dollar at all times.

Investment Strategy

In order to achieve its investment objective, Global X CARB may invest all or a portion of its portfolio in interest bearing accounts, T-Bills and/or other financial instruments, including without limitation, futures contracts, options on futures contracts, forward contracts, Swaps, options on indices, money market instruments or any combination of the foregoing (referred to as “Carbon CreditExposed Instruments”)

Portfolio Manager(s)

Name Start Date
Horizons ETFs Management (Canada) Inc. 01-18-2022

Management and Organization

Fund Manager Horizons ETFs Management (Canada) Inc.
Advisor Horizons ETFs Management (Canada) Inc.
Custodian CIBC Mellon Trust Company
Registrar TSX Trust Company
Distributor -
Auditor KPMG LLP

Fees

MER 0.91%
Management Fee 0.75%

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