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Global X Silver ETF (HUZ : TSX)

Commodity

Close
(06-14-2024)
$13.31
Change
$0.28 (2.15%)
Open $13.13
Day Range $13.13 - $13.31
Volume 344

As at May 31, 2024

Period
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Legend

Global X Silver ETF

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Fund Returns

Inception Return (June 24, 2009): 2.12%

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 14.51% 32.70% 18.03% 25.52% 25.44% 15.53% 0.13% 9.85% 12.11% 7.18% 4.83% 4.81% 3.40% 1.60%
Benchmark 2.77% 5.07% 11.79% 7.58% 17.55% 7.08% 7.35% 13.44% 10.14% 8.92% 8.75% 9.19% 7.72% 7.53%
Category Average 5.29% 15.80% 15.80% 17.49% 19.88% 13.39% 6.29% 8.02% 12.44% 9.75% 7.72% 7.17% 6.69% 5.65%
Category Rank 8 / 64 11 / 62 15 / 62 11 / 62 15 / 62 30 / 62 60 / 60 12 / 55 23 / 54 48 / 51 46 / 48 42 / 44 40 / 41 38 / 40
Quartile Ranking 1 1 1 1 1 2 4 1 2 4 4 4 4 4

Monthly Return

Monthly Return
Return % Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May
Fund -3.03% 8.75% -1.81% -9.30% 2.47% 10.43% -5.97% -3.53% -1.95% 9.12% 6.20% 14.51%
Benchmark 3.36% 2.58% -1.37% -3.33% -3.21% 7.48% 3.91% 0.55% 1.82% 4.14% -1.82% 2.77%

Best Monthly Return Since Inception

29.61% (July 2020)

Worst Monthly Return Since Inception

-28.40% (September 2011)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund -21.33% -14.19% 11.31% 3.80% -12.26% 11.86% 39.35% -14.16% 0.22% -2.46%
Benchmark 10.55% -8.32% 21.08% 9.10% -8.89% 22.88% 5.60% 25.09% -5.84% 11.75%
Category Average -3.70% -6.31% 11.08% 2.59% -2.08% 16.32% 28.34% -6.50% 3.28% 5.58%
Quartile Ranking 4 4 2 2 4 2 2 4 4 4
Category Rank 35/ 36 37/ 40 14/ 43 16/ 46 47/ 48 24/ 54 18/ 54 54/ 58 49/ 60 53/ 62

Best Calendar Return (Last 10 years)

39.35% (2020)

Worst Calendar Return (Last 10 years)

-21.33% (2014)

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 Silver ETF

Median

Other - Commodity

3 Yr Annualized

Standard Deviation 27.26% 32.55% 27.44%
Beta 0.77% 0.78% 0.72%
Alpha -0.02% 0.08% -0.01%
Rsquared 0.14% 0.14% 0.11%
Sharpe 0.03% 0.44% 0.14%
Sortino 0.04% 0.72% 0.13%
Treynor 0.01% 0.19% 0.05%
Tax Efficiency 100.00% 100.00% 100.00%
Volatility Volatility rating is 10 on a scale of 1 to 10 Volatility rating is 10 on a scale of 1 to 10 Volatility rating is 10 on a scale of 1 to 10

Risk Rating

Rating 10 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 25.97% 27.26% 32.55% 27.44%
Beta 0.97% 0.77% 0.78% 0.72%
Alpha 0.09% -0.02% 0.08% -0.01%
Rsquared 0.18% 0.14% 0.14% 0.11%
Sharpe 0.81% 0.03% 0.44% 0.14%
Sortino 1.79% 0.04% 0.72% 0.13%
Treynor 0.22% 0.01% 0.19% 0.05%
Tax Efficiency 100.00% 100.00% 100.00% 100.00%

Fund Details

Start Date June 24, 2009
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 $14.60
52 Week Low $9.53
Annual Dividend -
Annual Yield -
Index Solactive Silver Front Month MD Rolling Futures Index ER
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 ETF seeks investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to the performance of the Solactive Silver Front Month MD Rolling Futures Index ER. The ETF is denominated in Canadian dollars. Any U.S. dollar gains or losses as a result of the ETF’s investment will be hedged back to the Canadian dollar to the best of the ETF’s ability.

Investment Strategy

The Commodity ETFs invest in financial instruments that have similar return characteristics as the performance of its Underlying Index. In order to achieve this objective, the total underlying notional value of these instruments will typically not exceed one times the total assets of the ETF. Assets not invested in financial instruments may be invested in debt instruments or money market instruments with a term not to exceed 365 days, or repurchase agreements with a term not to exceed 30 days.

Portfolio Manager(s)

Name Start Date
Horizons ETFs Management (Canada) Inc. 06-18-2012

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 0.89%
Management Fee 0.65%

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