HSH
Investment Objective
HSH seeks to replicate, to the extent possible, the performance of the S&P 500® CAD Hedged Index (Total Return), net of expenses. The S&P 500® CAD Hedged Index (Total Return) is designed to measure the performance of the large-cap market segment of the U.S. equity market, hedged to the Canadian dollar.
Fund Details
Ticker
HSH
Inception Date
September 19, 2016
Net Assets ?
$267,054,278
As at April 24, 2024
Consolidated Prior Day Volume ?
19 049
For April 24, 2024
Average Daily Trading Volume Over a 12 Month Period ?
8,023
As at April 24, 2024
Exchange
Toronto Stock Exchange
Investment Manager
Horizons ETFs Management (Canada) Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Benchmark
Bloomberg Index Ticker
S5CADHTR
Management Fee
0.10%
(Does not include a swap fee of approximately 30 bps, plus applicable sales tax)
Management Expense Ratio ?
0.11%
As at June 30, 2023
Swap Fee
No more than 0.30%
Currency
CAD
Currency Hedging
Seeks to hedge the U.S. dollar value of its portfolio to the Canadian dollar at all times
Counterparty Exposure ?
43.78%
As atJanuary 31, 2024
LEI ?
549300TZIB8CU6MJK384
Index Investment Metrics
As at March 28, 2024
Index 12-Month Trailing Yield ?
1.36
Current Index Yield ?
1.42
The NAV chart above only shows the historical daily net asset value per unit (NAV) of the ETF, and identifies the various distributions made by the ETF, if any. The distributions are not treated as reinvested, and it does not take into account sales, redemption, distribution or optional charges or income taxes payable by any security holder. The NAV values do contemplate management fees and other fund expenses. The chart is not a performance chart and is not indicative of future NAV values which will vary.
The Growth of 10K chart above is based on the historical daily net asset value per unit (NAV) of the ETF, and represents the value of an initial investment into the ETF of $10,000 since its inception, on a total return basis. Distributions, if any, are treated as reinvested, and it does not take into account sales, redemption, distribution or optional charges or income taxes payable by any security holder. The NAV values do contemplate management fees and other fund expenses where paid by the fund. The chart is not a performance chart and is not indicative of future value which will vary.
Annualized Performance (%) *
| 1mo | 3mo | 6mo | YTD | 1 yr | 3 yr | 5 yr | 10 yr | SIR** | |
|---|---|---|---|---|---|---|---|---|---|
| Horizons S&P 500 CAD Hedged Index ETF | 3.13 | 10.25 | 22.76 | 10.25 | 28.38 | 10.23 | 13.71 | -- | 13.43 | S&P 500® CAD Hedged Index (Total Return) | 3.16 | 10.50 | 22.75 | 10.50 | 28.46 | 10.47 | 13.72 | -- | 13.46 |
**Fund performance since inception on September 19, 2016, as at March 31, 2024
Calendar Year Performance (%) *
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
|
Horizons S&P 500 CAD Hedged Index ETF |
-- | 20.86 | -5.59 | 30.07 | 16.64 | 27.82 | -19.30 | 24.79 | S&P 500® CAD Hedged Index (Total Return) | -- | 21.16 | -5.70 | 29.87 | 15.79 | 28.29 | -19.10 | 24.74 |
The Inception Date shown is the inception date of the predecessor ETF of the same name which was structured as a trust. On November 27, 2019, after receiving unitholder approval, the predecessor ETF merged into a class of shares of a corporate fund structure. In accordance with exemptive relief, the data of the ETF presented here includes the historical data of the predecessor ETF in order to provide full disclosure of the ETF’s data.
Distributions
Distribution data is not currently available.
Sector Allocation
As at March 28, 2024| Semiconductors | 9.28% |
| Systems Software | 8.23% |
| Interactive Media & Services | 6.17% |
| Technology Hardware, Storage & Peripherals | 6.01% |
| Pharmaceuticals | 3.87% |
| Broadline Retail | 3.82% |
| Diversified Banks | 3.06% |
| Transaction & Payment Processing Services | 2.54% |
| Application Software | 2.47% |
| Health Care Equipment | 2.46% |
| Biotechnology | 1.93% |
| Aerospace & Defense | 1.93% |
| Integrated Oil & Gas | 1.76% |
| Multi-Sector Holdings | 1.74% |
| Consumer Staples Merchandise Retail | 1.65% |
| Managed Health Care | 1.56% |
| Electric Utilities | 1.48% |
| Life Sciences Tools & Services | 1.41% |
| Automobile Manufacturers | 1.34% |
| Soft Drinks & Non-alcoholic Beverages | 1.26% |
| Household Products | 1.23% |
| Home Improvement Retail | 1.20% |
| Movies & Entertainment | 1.18% |
| IT Consulting & Other Services | 1.09% |
| Financial Exchanges & Data | 1.06% |
| Restaurants | 1.05% |
| Oil & Gas Exploration & Production | 1.04% |
| Property & Casualty Insurance | 1.00% |
| Semiconductor Materials & Equipment | 0.97% |
| Hotels, Resorts & Cruise Lines | 0.89% |
| Industrial Machinery & Supplies & Components | 0.88% |
| Investment Banking & Brokerage | 0.88% |
| Asset Management & Custody Banks | 0.87% |
| Communications Equipment | 0.81% |
| Construction Machinery & Heavy Transportation Equipment | 0.72% |
| Integrated Telecommunication Services | 0.69% |
| Packaged Foods & Meats | 0.69% |
| Electrical Components & Equipment | 0.67% |
| Rail Transportation | 0.64% |
| Industrial Gases | 0.63% |
| Specialty Chemicals | 0.62% |
| Insurance Brokers | 0.62% |
| Multi-Utilities | 0.61% |
| Health Care Services | 0.56% |
| Consumer Finance | 0.54% |
| Building Products | 0.52% |
| Tobacco | 0.50% |
| Air Freight & Logistics | 0.46% |
| Oil & Gas Refining & Marketing | 0.46% |
| Cable & Satellite | 0.45% |
| Industrial Conglomerates | 0.44% |
| Human Resource & Employment Services | 0.39% |
| Life & Health Insurance | 0.37% |
| Telecom Tower REITs | 0.37% |
| Apparel Retail | 0.37% |
| Passenger Ground Transportation | 0.36% |
| Oil & Gas Storage & Transportation | 0.35% |
| Environmental & Facilities Services | 0.34% |
| Health Care Distributors | 0.34% |
| Oil & Gas Equipment & Services | 0.33% |
| Homebuilding | 0.32% |
| Footwear | 0.31% |
| Trading Companies & Distributors | 0.31% |
| Automotive Retail | 0.31% |
| Regional Banks | 0.30% |
| Retail REITs | 0.29% |
| Industrial REITs | 0.27% |
| Data Center REITs | 0.27% |
| Diversified Support Services | 0.25% |
| Agricultural & Farm Machinery | 0.24% |
| Research & Consulting Services | 0.24% |
| Multi-Family Residential REITs | 0.23% |
| Electronic Components | 0.21% |
| Wireless Telecommunication Services | 0.19% |
| Health Care REITs | 0.19% |
| Electronic Equipment & Instruments | 0.18% |
| Health Care Facilities | 0.18% |
| Self-Storage REITs | 0.17% |
| Passenger Airlines | 0.17% |
| Paper & Plastic Packaging Products & Materials | 0.17% |
| Construction Materials | 0.17% |
| Fertilizers & Agricultural Chemicals | 0.17% |
| Personal Care Products | 0.17% |
| Steel | 0.16% |
| Real Estate Services | 0.16% |
| Copper | 0.15% |
| Apparel, Accessories & Luxury Goods | 0.15% |
| Commodity Chemicals | 0.15% |
| Other Specialty Retail | 0.15% |
| Multi-line Insurance | 0.15% |
| Electronic Manufacturing Services | 0.14% |
| Interactive Home Entertainment | 0.13% |
| Cargo Ground Transportation | 0.13% |
| Distributors | 0.12% |
| Distillers & Vintners | 0.12% |
| Other Specialized REITs | 0.12% |
| Casinos & Gaming | 0.12% |
| Agricultural Products & Services | 0.11% |
| Health Care Supplies | 0.11% |
| Gold | 0.09% |
| Food Distributors | 0.09% |
| Food Retail | 0.09% |
| Construction & Engineering | 0.09% |
| Internet Services & Infrastructure | 0.08% |
| Technology Distributors | 0.08% |
| Advertising | 0.07% |
| Automotive Parts & Equipment | 0.07% |
| Office REITs | 0.07% |
| Timber REITs | 0.06% |
| Data Processing & Outsourced Services | 0.05% |
| Consumer Electronics | 0.05% |
| Water Utilities | 0.05% |
| Metal, Glass & Plastic Containers | 0.05% |
| Single-Family Residential REITs | 0.05% |
| Drug Retail | 0.04% |
| Reinsurance | 0.04% |
| Computer & Electronics Retail | 0.04% |
| Gas Utilities | 0.04% |
| Broadcasting | 0.04% |
| Brewers | 0.03% |
| Publishing | 0.03% |
| Hotel & Resort REITs | 0.03% |
| Independent Power Producers & Energy Traders | 0.03% |
| Home Furnishings | 0.02% |
| Leisure Products | 0.02% |
Top 10 Index Holdings
As at March 31, 2024| Security Name | Weight |
|---|---|
| Microsoft Corp | 7.09% |
| Apple Inc | 5.65% |
| NVIDIA Corp | 5.06% |
| Amazon.com Inc | 3.74% |
| Alphabet Inc Cl A | 3.72% |
| Meta Platforms Inc Cl A | 2.42% |
| Berkshire Hathaway Inc Cl A | 1.74% |
| Eli Lilly and Co | 1.41% |
| Broadcom Inc | 1.32% |
| JPMorgan Chase & Co | 1.31% |
Education
Regulatory and Legal
At a Glance
Investment Objective
HSH seeks to replicate, to the extent possible, the performance of the S&P 500® CAD Hedged Index (Total Return), net of expenses. The S&P 500® CAD Hedged Index (Total Return) is designed to measure the performance of the large-cap market segment of the U.S. equity market, hedged to the Canadian dollar.
Product Facts
Fund Details
Ticker
HSH
Inception Date
September 19, 2016
Net Assets ?
$267,054,278
As at April 24, 2024
Consolidated Prior Day Volume ?
19 049
ForApril 24, 2024
Average Daily Trading Volume Over a 12 Month Period ?
8,023
As at April 24, 2024
Exchange
Toronto Stock Exchange
Investment Manager
Horizons ETFs Management (Canada) Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Benchmark
Bloomberg Index Ticker
S5CADHTR
Management Fee
0.10%
(Does not include a swap fee of approximately 30 bps, plus applicable sales tax)
Management Expense Ratio ?
0.11%
As at June 30, 2023
Swap Fee
No more than 0.30%
Currency
CAD
Currency Hedging
Seeks to hedge the U.S. dollar value of its portfolio to the Canadian dollar at all times
Counterparty Exposure ?
43.78%
As atJanuary 31, 2024
LEI ?
549300TZIB8CU6MJK384
Index Investment Metrics
As at March 28, 2024
Index 12-Month Trailing Yield ?
1.36
Current Index Yield ?
1.42
The NAV chart above only shows the historical daily net asset value per unit (NAV) of the ETF, and identifies the various distributions made by the ETF, if any. The distributions are not treated as reinvested, and it does not take into account sales, redemption, distribution or optional charges or income taxes payable by any security holder. The NAV values do contemplate management fees and other fund expenses. The chart is not a performance chart and is not indicative of future NAV values which will vary.
The Growth of 10K chart above is based on the historical daily net asset value per unit (NAV) of the ETF, and represents the value of an initial investment into the ETF of $10,000 since its inception, on a total return basis. Distributions, if any, are treated as reinvested, and it does not take into account sales, redemption, distribution or optional charges or income taxes payable by any security holder. The NAV values do contemplate management fees and other fund expenses where paid by the fund. The chart is not a performance chart and is not indicative of future value which will vary.
Performance & Distributions
Annualized Performance (%) *
| 1mo | 3mo | 6mo | YTD | 1 yr | 3 yr | 5 yr | 10 yr | SIR** | |
|---|---|---|---|---|---|---|---|---|---|
| Horizons S&P 500 CAD Hedged Index ETF | 3.13 | 10.25 | 22.76 | 10.25 | 28.38 | 10.23 | 13.71 | -- | 13.43 | S&P 500® CAD Hedged Index (Total Return) | 3.16 | 10.50 | 22.75 | 10.50 | 28.46 | 10.47 | 13.72 | -- | 13.46 |
**Fund performance since inception on September 19, 2016, as at March 31, 2024
Calendar Year Performance (%)
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Horizons S&P 500 CAD Hedged Index ETF | -- | 20.86 | -5.59 | 30.07 | 16.64 | 27.82 | -19.30 | 24.79 | S&P 500® CAD Hedged Index (Total Return) | -- | 21.16 | -5.70 | 29.87 | 15.79 | 28.29 | -19.10 | 24.74 |
The Inception Date shown is the inception date of the predecessor ETF of the same name which was structured as a trust. On November 27, 2019, after receiving unitholder approval, the predecessor ETF merged into a class of shares of a corporate fund structure. In accordance with exemptive relief, the data of the ETF presented here includes the historical data of the predecessor ETF in order to provide full disclosure of the ETF’s data.
Distributions
Distribution data is not currently available.
Holdings
Sector Allocation
As at March 28, 2024| Semiconductors | 9.28% |
| Systems Software | 8.23% |
| Interactive Media & Services | 6.17% |
| Technology Hardware, Storage & Peripherals | 6.01% |
| Pharmaceuticals | 3.87% |
| Broadline Retail | 3.82% |
| Diversified Banks | 3.06% |
| Transaction & Payment Processing Services | 2.54% |
| Application Software | 2.47% |
| Health Care Equipment | 2.46% |
| Biotechnology | 1.93% |
| Aerospace & Defense | 1.93% |
| Integrated Oil & Gas | 1.76% |
| Multi-Sector Holdings | 1.74% |
| Consumer Staples Merchandise Retail | 1.65% |
| Managed Health Care | 1.56% |
| Electric Utilities | 1.48% |
| Life Sciences Tools & Services | 1.41% |
| Automobile Manufacturers | 1.34% |
| Soft Drinks & Non-alcoholic Beverages | 1.26% |
| Household Products | 1.23% |
| Home Improvement Retail | 1.20% |
| Movies & Entertainment | 1.18% |
| IT Consulting & Other Services | 1.09% |
| Financial Exchanges & Data | 1.06% |
| Restaurants | 1.05% |
| Oil & Gas Exploration & Production | 1.04% |
| Property & Casualty Insurance | 1.00% |
| Semiconductor Materials & Equipment | 0.97% |
| Hotels, Resorts & Cruise Lines | 0.89% |
| Industrial Machinery & Supplies & Components | 0.88% |
| Investment Banking & Brokerage | 0.88% |
| Asset Management & Custody Banks | 0.87% |
| Communications Equipment | 0.81% |
| Construction Machinery & Heavy Transportation Equipment | 0.72% |
| Integrated Telecommunication Services | 0.69% |
| Packaged Foods & Meats | 0.69% |
| Electrical Components & Equipment | 0.67% |
| Rail Transportation | 0.64% |
| Industrial Gases | 0.63% |
| Specialty Chemicals | 0.62% |
| Insurance Brokers | 0.62% |
| Multi-Utilities | 0.61% |
| Health Care Services | 0.56% |
| Consumer Finance | 0.54% |
| Building Products | 0.52% |
| Tobacco | 0.50% |
| Air Freight & Logistics | 0.46% |
| Oil & Gas Refining & Marketing | 0.46% |
| Cable & Satellite | 0.45% |
| Industrial Conglomerates | 0.44% |
| Human Resource & Employment Services | 0.39% |
| Life & Health Insurance | 0.37% |
| Telecom Tower REITs | 0.37% |
| Apparel Retail | 0.37% |
| Passenger Ground Transportation | 0.36% |
| Oil & Gas Storage & Transportation | 0.35% |
| Environmental & Facilities Services | 0.34% |
| Health Care Distributors | 0.34% |
| Oil & Gas Equipment & Services | 0.33% |
| Homebuilding | 0.32% |
| Footwear | 0.31% |
| Trading Companies & Distributors | 0.31% |
| Automotive Retail | 0.31% |
| Regional Banks | 0.30% |
| Retail REITs | 0.29% |
| Industrial REITs | 0.27% |
| Data Center REITs | 0.27% |
| Diversified Support Services | 0.25% |
| Agricultural & Farm Machinery | 0.24% |
| Research & Consulting Services | 0.24% |
| Multi-Family Residential REITs | 0.23% |
| Electronic Components | 0.21% |
| Wireless Telecommunication Services | 0.19% |
| Health Care REITs | 0.19% |
| Electronic Equipment & Instruments | 0.18% |
| Health Care Facilities | 0.18% |
| Self-Storage REITs | 0.17% |
| Passenger Airlines | 0.17% |
| Paper & Plastic Packaging Products & Materials | 0.17% |
| Construction Materials | 0.17% |
| Fertilizers & Agricultural Chemicals | 0.17% |
| Personal Care Products | 0.17% |
| Steel | 0.16% |
| Real Estate Services | 0.16% |
| Copper | 0.15% |
| Apparel, Accessories & Luxury Goods | 0.15% |
| Commodity Chemicals | 0.15% |
| Other Specialty Retail | 0.15% |
| Multi-line Insurance | 0.15% |
| Electronic Manufacturing Services | 0.14% |
| Interactive Home Entertainment | 0.13% |
| Cargo Ground Transportation | 0.13% |
| Distributors | 0.12% |
| Distillers & Vintners | 0.12% |
| Other Specialized REITs | 0.12% |
| Casinos & Gaming | 0.12% |
| Agricultural Products & Services | 0.11% |
| Health Care Supplies | 0.11% |
| Gold | 0.09% |
| Food Distributors | 0.09% |
| Food Retail | 0.09% |
| Construction & Engineering | 0.09% |
| Internet Services & Infrastructure | 0.08% |
| Technology Distributors | 0.08% |
| Advertising | 0.07% |
| Automotive Parts & Equipment | 0.07% |
| Office REITs | 0.07% |
| Timber REITs | 0.06% |
| Data Processing & Outsourced Services | 0.05% |
| Consumer Electronics | 0.05% |
| Water Utilities | 0.05% |
| Metal, Glass & Plastic Containers | 0.05% |
| Single-Family Residential REITs | 0.05% |
| Drug Retail | 0.04% |
| Reinsurance | 0.04% |
| Computer & Electronics Retail | 0.04% |
| Gas Utilities | 0.04% |
| Broadcasting | 0.04% |
| Brewers | 0.03% |
| Publishing | 0.03% |
| Hotel & Resort REITs | 0.03% |
| Independent Power Producers & Energy Traders | 0.03% |
| Home Furnishings | 0.02% |
| Leisure Products | 0.02% |
Top 10 Index Holdings
As at March 31, 2024| Security Name | Weight |
|---|---|
| Microsoft Corp | 7.09% |
| Apple Inc | 5.65% |
| NVIDIA Corp | 5.06% |
| Amazon.com Inc | 3.74% |
| Alphabet Inc Cl A | 3.72% |
| Meta Platforms Inc Cl A | 2.42% |
| Berkshire Hathaway Inc Cl A | 1.74% |
| Eli Lilly and Co | 1.41% |
| Broadcom Inc | 1.32% |
| JPMorgan Chase & Co | 1.31% |
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