Fund Library Home Page
Sign In Français

  • My Watchlist is is a members only feature. Sign in or Sign up for free access to the watchlist feature.

Try Fund Library Premium

For Free with a 30 day trial!

Gain access to

  • Unlimited Watchlists
  • Advanced Search Filtering
  • Fund Comparisons
  • Portfolio Scenarios
  • Customizable PDF Reports
Sign up Now More Info

Global X S&P Green Bond Index ETF (HGGB : TSX)

Add to My Watchlist

Global Fixed Income

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

Click for more information on Fundata’s FundGrade.

Close
(03-12-2025) 		$21.65
Change
-$0.05 (-0.23%)
Open -
Day Range - - -
Volume 0

As at February 28, 2025

As at January 31, 2025

  • Closing Price / Volume
Period
Created with Highcharts 10.3.3Closing PriceVolumeSep 2021Jan 2022May 2022Sep 2022Jan 2023May 2023Sep 2023Jan 2024May 2024Sep 2024Jan 2025Apr 2024Apr 2024May 2024Jun 2024Jul 2024Aug 2024Sep 2024Oct 2024Nov 2024Dec 2024Jan 2025Feb 2025Mar 20252021-07-012022-01-012022-07-012023-01-012023-07-012024-01-012024-07-012025-01-01$20.00$22.00$24.00$26.00$21.00$21.50$22.50050,00025,000Period
Created with Highcharts 10.3.3Jul 2021Oct 2021Jan 2022Apr 2022Jul 2022Oct 2022Jan 2023Apr 2023Jul 2023Oct 2023Jan 2024Apr 2024Jul 2024Oct 2024Jan 2025Apr 2024May 2024Jun 2024Jul 2024Aug 2024Sep 2024Oct 2024Nov 2024Dec 2024Jan 2025Feb 2025Mar 20252021-07-012022-01-012022-07-012023-01-012023-07-012024-01-012024-07-012025-01-012025-01-…-20%-15%-10%-5%0%5%-4%-2%2%4%Period

Legend

Global X S&P Green Bond Index ETF

Compare Options

Fund Returns

Inception Return (June 01, 2021): -0.57%

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 1.46% 0.32% 0.18% 1.71% 4.10% 4.33% 0.54% - - - - - - -
Benchmark 1.20% 2.67% 5.21% 2.46% 9.40% 5.88% 1.14% -0.59% -0.98% 0.83% 1.06% 1.19% 0.85% 1.72%
Category Average 1.31% 1.59% 1.59% 2.04% 5.40% 4.42% 0.38% -0.43% 0.03% 1.13% 1.04% 1.14% 1.37% 1.20%
Category Rank 115 / 560 434 / 557 500 / 552 347 / 557 446 / 525 278 / 462 195 / 399 - - - - - - -
Quartile Ranking 1 4 4 3 4 3 2 - - - - - - -

Monthly Return

Created with Highcharts 10.3.3Mar 24Apr 24May 24Jun 24Jul 24Aug 24Sep 24Oct 24Nov 24Dec 24Jan 25Feb 25-4%-2%0%2%4%6%
Monthly Return
Return % Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb
Fund 0.67% -1.79% 1.51% 0.77% 1.33% 1.40% 1.01% -1.85% 0.72% -1.37% 0.25% 1.46%
Benchmark 0.40% -1.24% 0.00% 1.16% 3.88% -0.22% 1.89% -0.37% 0.95% 0.21% 1.24% 1.20%

Best Monthly Return Since Inception

3.75% (November 2023)

Worst Monthly Return Since Inception

-4.19% (September 2022)

Calendar Return (%)

Created with Highcharts 10.3.3-20%-10%0%10%20%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund - - - - - - - -9.73% 5.09% 1.75%
Benchmark 16.63% -1.36% -0.08% 7.82% 1.45% 7.03% -6.05% -10.83% 2.72% 6.80%
Category Average 2.92% 2.08% 2.75% -0.04% 5.49% 5.94% -1.81% -10.70% 5.33% 2.37%
Quartile Ranking - - - - - - - 2 3 3
Category Rank - - - - - - - 128/ 381 259/ 456 388/ 518

Best Calendar Return (Last 10 years)

5.09% (2023)

Worst Calendar Return (Last 10 years)

-9.73% (2022)

Asset Allocation

Asset Allocation
Name Percent
Foreign Corporate Bonds 70.17
Foreign Government Bonds 15.12
Cash and Equivalents 8.13
Mortgages 6.58

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 91.87
Cash and Cash Equivalent 8.13

Geographic Allocation

Geographic Allocation
Name Percent
North America 79.43
Asia 10.02
Africa and Middle East 5.46
Latin America 5.09

Top Holdings

Top Holdings
Name Percent
Coop Rabobank UA 1.11% 24-Feb-2026 6.54
Public Service Electric Gas Co 3.10% 15-Dec-2031 6.07
Klabin Austria GmbH 7.00% 03-Apr-2049 5.57
Duke Energy Progress LLC 5.10% 15-Dec-2033 5.47
Export-Import Bank of Korea 5.13% 11-Jan-2033 5.46
Egypt Government 5.25% 06-Oct-2025 5.46
ING Groep NV 4.63% 06-Jan-2026 5.44
Inversiones CMPC SA 4.38% 04-Apr-2027 5.43
Pattern Energy Operations LP 4.50% 15-Aug-2028 5.24
Consorcio Transmantaro SA 4.70% 16-Jan-2034 5.09

Equity Style

Equity style data not available

Fixed Income Style

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

Risk vs Return (3 Yr)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return1234567891011121314151617-15%-10%-5%0%5%10%

Global X S&P Green Bond Index ETF

Median

Other - Global Fixed Income

3 Yr Annualized

Standard Deviation 6.15% - -
Beta 0.63% - -
Alpha 0.00% - -
Rsquared 0.46% - -
Sharpe -0.50% - -
Sortino -0.48% - -
Treynor -0.05% - -
Tax Efficiency - - -
Volatility Volatility rating is 2 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 4.41% 6.15% - -
Beta 0.54% 0.63% - -
Alpha -0.01% 0.00% - -
Rsquared 0.31% 0.46% - -
Sharpe 0.01% -0.50% - -
Sortino 0.33% -0.48% - -
Treynor 0.00% -0.05% - -
Tax Efficiency 69.92% - - -

Fund Details

Start Date June 01, 2021
Instrument Type Exchange Traded Fund (Responsible Investment)
Share Class Do-It-Yourself
Legal Status -
Sales Status Open
Currency CAD
Distribution Frequency Quarterly
Assets ($mil) -
52 Week High $22.15
52 Week Low $20.67
Annual Dividend $0.67
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 a market index that is designed to provide exposure to the performance of global green-labeled bonds issued in U.S. dollars that are subject to stringent eligibility criteria to fund projects that have positive environmental or climate benefits. Currently, the ETF seeks to replicate the performance of the S&P Green Bond US Dollar Select Index, net of expenses.

Investment Strategy

To achieve HGGB’s investment objective, because of the practical difficulties and expense of purchasing securities of all of the Constituent Issuers, HGGB will employ a “stratified sampling” strategy.

Portfolio Management

Portfolio Manager

Global X Investments Canada Inc.
Sub-Advisor

Mirae Asset Global Investments (USA) LLC

Management and Organization

Fund Manager

Global X Investments Canada Inc.
Custodian

CIBC Mellon Trust Company
Registrar

TSX Trust Company
Distributor

-

Fees

MER 0.59%
Management Fee 0.45%

Try Fund Library Premium

For Free with a 30 day trial!

Gain access to

  • Unlimited Watchlists
  • Advanced Search Filtering
  • Fund Comparisons
  • Portfolio Scenarios
  • Customizable PDF Reports
Sign up Now More Info