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Global X Canadian Select Universe Bond Corporate Class ETF (HBB : TSX)

Cdn Corp Fixed Income

FundGrade D Click for more information on Fundata’s FundGrade

FundGrade D

Click for more information on Fundata’s FundGrade.

Close
(12-05-2024)
$49.38
Change
-$0.03 (-0.06%)
Open $49.31
Day Range $49.31 - $49.46
Volume 7,505

As at October 31, 2024

Period
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Legend

Global X Canadian Select Universe Bond Corporate Class ETF

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Fund Returns

Inception Return (May 07, 2014): 1.87%

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 -1.16% 1.05% 6.51% 2.61% 10.98% 5.01% -0.50% -1.37% 0.13% 1.61% 1.25% 0.99% 1.44% 1.68%
Benchmark -0.41% 2.08% 6.64% 5.45% 12.99% 7.77% 1.49% 0.88% 1.92% 3.14% 2.68% 2.56% 2.96% 2.96%
Category Average -0.56% 6.37% 6.37% 5.24% 12.76% 7.49% 0.99% 0.59% 1.45% 2.51% - - - -
Category Rank 106 / 106 106 / 106 45 / 102 95 / 95 91 / 95 90 / 90 84 / 84 78 / 78 73 / 73 72 / 72 65 / 66 64 / 64 57 / 58 42 / 53
Quartile Ranking 4 4 2 4 4 4 4 4 4 4 4 4 4 4

Monthly Return

Monthly Return
Return % Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct
Fund 4.47% 3.53% -1.61% -0.40% 0.50% -2.18% 1.81% 1.15% 2.35% 0.29% 1.93% -1.16%
Benchmark 3.64% 3.39% -0.70% 0.25% 0.60% -1.26% 1.47% 0.98% 1.96% 0.45% 2.04% -0.41%

Best Monthly Return Since Inception

4.47% (November 2023)

Worst Monthly Return Since Inception

-3.52% (April 2022)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - 3.19% 1.39% 1.89% 1.14% 5.98% 8.23% -2.39% -11.98% 6.29%
Benchmark 7.44% 2.74% 3.59% 3.48% 0.96% 8.01% 8.57% -1.32% -10.12% 8.32%
Category Average - - - - - 7.34% 7.62% -1.82% -10.25% 7.57%
Quartile Ranking - 1 4 3 1 4 2 4 4 4
Category Rank - 4/ 53 55/ 58 47/ 64 8/ 66 64/ 72 32/ 73 70/ 79 81/ 84 87/ 91

Best Calendar Return (Last 10 years)

8.23% (2020)

Worst Calendar Return (Last 10 years)

-11.98% (2022)

Asset Allocation

Sector Allocation

Geographic Allocation

Top Holdings

Equity Style

Equity style data not available

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Global X Canadian Select Universe Bond Corporate Class ETF

Median

Other - Cdn Corp Fixed Income

3 Yr Annualized

Standard Deviation 7.57% 6.59% 5.36%
Beta 1.24% 0.93% 0.97%
Alpha -0.02% -0.02% -0.01%
Rsquared 0.95% 0.82% 0.84%
Sharpe -0.49% -0.29% 0.04%
Sortino -0.57% -0.54% -0.31%
Treynor -0.03% -0.02% 0.00%
Tax Efficiency - 100.00% -
Volatility Volatility rating is 3 on a scale of 1 to 10 Volatility rating is 2 on a scale of 1 to 10 Volatility rating is 1 on a scale of 1 to 10

Risk Rating

Rating 3 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 7.08% 7.57% 6.59% 5.36%
Beta 1.32% 1.24% 0.93% 0.97%
Alpha -0.06% -0.02% -0.02% -0.01%
Rsquared 0.98% 0.95% 0.82% 0.84%
Sharpe 0.86% -0.49% -0.29% 0.04%
Sortino 2.24% -0.57% -0.54% -0.31%
Treynor 0.05% -0.03% -0.02% 0.00%
Tax Efficiency 100.00% - 100.00% -

Fund Details

Start Date May 07, 2014
Instrument Type Exchange Traded Fund
Share Class Do-It-Yourself
Legal Status Corporation
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) -
52 Week High $49.50
52 Week Low $45.35
Annual Dividend -
Annual Yield -
Index Solactive Canadian Select Universe Bond Index
Shares Outstanding -
Registered Plan Eligible Yes

ETF Characteristics

Exposure 1x performance
Asset Class High -
Asset Class Medium -
Asset Class Low -
Leveraged -
Inverse -
Advisor Series -
Covered Call Strategy No

Investment Objectives

The investment objective of the ETF is to seek to replicate, to the extent possible, the performance of the Solactive Canadian Select Universe Bond Index (Total Return), net of expenses. The Solactive Canadian Select Universe Bond Index (Total Return) is designed to measure the performance of the Canadian investment-grade fixed income market.

Investment Strategy

In order to achieve their investment objectives and obtain direct or indirect exposure to securities of their Underlying Index’s Constituent Issuers, the Index ETFs may invest in and hold the securities of Constituent Issuers in substantially the same proportion as they are reflected in the applicable Underlying Index, or may invest in and hold index participation units of exchange traded funds or use derivatives

Portfolio Manager(s)

Name Start Date
Global X Investments Canada Inc. 05-08-2014

Management and Organization

Fund Manager Global X Investments Canada Inc.
Advisor Global X Investments Canada Inc.
Custodian CIBC Mellon Trust Company
Registrar TSX Trust Company
Distributor -
Auditor KPMG LLP

Fees

MER 0.10%
Management Fee 0.09%

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