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Global X Active Corporate Bond ETF (HAB : TSX)

Cdn Corp Fixed Income

FundGrade B Click for more information on Fundata’s FundGrade

FundGrade B

Click for more information on Fundata’s FundGrade.

FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2017, 2016, 2015, 2014, 2013

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Close
(12-20-2024)
$10.23
Change
$0.00 (0.00%)
Open $10.20
Day Range $10.20 - $10.27
Volume 2,447

As at November 30, 2024

As at November 30, 2024

Period
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Legend

Global X Active Corporate Bond ETF

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Fund Returns

Inception Return (July 14, 2010): 3.73%

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 1.63% 3.39% 7.06% 7.42% 11.03% 7.39% 2.03% 1.02% 2.15% 3.32% 2.76% 2.89% 3.06% 2.91%
Benchmark 1.57% 3.21% 6.75% 7.10% 10.73% 7.43% 1.74% 0.90% 2.12% 3.33% 2.81% 2.92% 3.08% 3.01%
Category Average 1.53% 6.56% 6.56% 6.85% 10.38% 6.77% 1.45% 0.53% 1.66% 2.75% - - - -
Category Rank 43 / 106 14 / 106 21 / 103 37 / 95 33 / 95 31 / 91 28 / 84 35 / 79 33 / 73 31 / 72 28 / 66 27 / 64 25 / 58 20 / 53
Quartile Ranking 2 1 1 2 2 2 2 2 2 2 2 2 2 2

Monthly Return

Monthly Return
Return % Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov
Fund 3.36% -0.59% 0.21% 0.55% -1.28% 1.47% 1.04% 2.22% 0.26% 2.23% -0.48% 1.63%
Benchmark 3.39% -0.70% 0.25% 0.60% -1.26% 1.47% 0.98% 1.96% 0.45% 2.04% -0.41% 1.57%

Best Monthly Return Since Inception

4.64% (April 2020)

Worst Monthly Return Since Inception

-5.90% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 7.12% 2.05% 3.84% 3.54% 0.67% 7.83% 8.21% -1.33% -9.97% 8.30%
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 2 2 2 1 2 3 2 2 2 2
Category Rank 15/ 52 17/ 53 27/ 58 14/ 64 24/ 66 37/ 72 33/ 73 32/ 79 34/ 84 31/ 91

Best Calendar Return (Last 10 years)

8.30% (2023)

Worst Calendar Return (Last 10 years)

-9.97% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Corporate Bonds 92.26
Canadian Government Bonds 3.67
Cash and Equivalents 2.19
Canadian Bonds - Other 1.42
Mortgages 0.46

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 97.81
Cash and Cash Equivalent 2.19

Geographic Allocation

Geographic Allocation
Name Percent
North America 100.00

Top Holdings

Top Holdings
Name Percent
Bank of Montreal 4.71% 07-Nov-2027 1.91
Toronto-Dominion Bank 2.26% 07-Jan-2027 1.35
Canada Government 1.50% 01-Jun-2031 1.31
Royal Bank of Canada 4.64% 17-Jan-2028 1.25
Toronto-Dominion Bank 4.21% 01-Jun-2027 1.25
Toronto-Dominion Bank 4.68% 08-Jan-2029 1.22
Bank of Montreal 4.31% 01-May-2027 1.17
National Bank of Canada 5.22% 14-Jun-2028 1.16
CU Inc 4.54% 24-Oct-2041 1.13
Bank of Montreal 4.42% 17-Jul-2029 1.05

Equity Style

Equity style data not available

Fixed Income Style

Average Duration: M. Average Credit Quality: M.
Period: 

Risk vs Return (3 Yr)

Global X Active Corporate Bond ETF

Median

Other - Cdn Corp Fixed Income

3 Yr Annualized

Standard Deviation 6.36% 6.45% 5.00%
Beta 1.05% 1.00% 0.98%
Alpha 0.00% 0.00% 0.00%
Rsquared 0.98% 0.98% 0.98%
Sharpe -0.21% 0.01% 0.28%
Sortino -0.18% -0.14% 0.00%
Treynor -0.01% 0.00% 0.01%
Tax Efficiency 17.84% 33.33% 53.86%
Volatility Volatility rating is 2 on a scale of 1 to 10 Volatility rating is 1 on a scale of 1 to 10 Volatility rating is 1 on a scale of 1 to 10

Risk Rating

Rating 2 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 4.71% 6.36% 6.45% 5.00%
Beta 1.03% 1.05% 1.00% 0.98%
Alpha 0.00% 0.00% 0.00% 0.00%
Rsquared 0.99% 0.98% 0.98% 0.98%
Sharpe 1.30% -0.21% 0.01% 0.28%
Sortino 4.02% -0.18% -0.14% 0.00%
Treynor 0.06% -0.01% 0.00% 0.01%
Tax Efficiency 85.65% 17.84% 33.33% 53.86%

Fund Details

Start Date July 14, 2010
Instrument Type Exchange Traded Fund
Share Class Do-It-Yourself
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) -
52 Week High $10.37
52 Week Low $9.55
Annual Dividend $0.38
Annual Yield -
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 long-term capital growth and generate high income. The ETF invests primarily in a portfolio of debt (including debt-like securities) of Canadian and U.S. companies, directly, or indirectly through investments in securities of other investment funds, including Listed Funds.

Investment Strategy

The Sub-Advisor uses fundamental credit research to select the securities of companies that, based on the SubAdvisor’s view on the company’s industry and growth prospects, are believed to offer superior risk adjusted returns relative to passively managed corporate bond indexes. When the Sub-Advisor believes that interest rates will increase, the Sub-Advisor may choose securities with shorter terms and when Sub-Advisor believes that interest rates will decrease, the Sub-Advisor choose long term.

Portfolio Manager(s)

Name Start Date
Fiera Capital Corporation 07-14-2010
Global X Investments Canada Inc. 01-24-2012

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 0.59%
Management Fee 0.50%

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