Global X Carbon Credits ETF (CARB.TO)
7.45
+0.05
(+0.68%)
CAD |
TSX |
May 07, 16:00
Price Chart
Key Stats
| Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 0.91% | 1.87% | 3.657M | 1081.83 |
| Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
| 0.00% | 103.7% | -1.743M | Upgrade |
Basic Info
| Investment Strategy | |
| The ETF seeks to replicate, to the extent possible and net of expenses, the performance of an index that seeks to provide exposure to investments in cap-and-trade carbon allowances. Currently, the ETF seeks to replicate the performance of the Horizons Carbon Credits Rolling Futures Index (Excess Return), net of expenses. The Underlying Index is a proprietary index provided by the Manager and is designed to reflect the returns generated over time through exposure to long notional investments in European carbon credit futures contracts (the “Carbon Credit Futures”) that are based on the most liquid cap-and-trade carbon allowances. In order to achieve its investment objective, the ETF may invest all or a portion of its portfolio in interest bearing accounts, T-Bills and/or other financial instruments. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | -- |
| Fixed Income Style | High Quality/Limited Sensitivity |
| Broad Asset Class | -- |
| Broad Category | Alternative |
| Category Name | Alternative Other |
| Category Index | Morningstar CAD O/N Cash GR CAD |
| Global Category Name | Alternative Miscellaneous |
| YCharts Categorization | Other |
| YCharts Benchmark | S&P 500 Total Return (^SPXTR) |
| Prospectus Objective | -- |
| Fund Owner Firm Name | Horizons ETFs |
| Prospectus Benchmark Index | |
| Horizons Carbon Credits Rlng Fut ER CAD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^SPTSX60TR | 100.0% |
| Manager Tenure | |
| Not Disclosed | 2.22 yrs |
Performance Versus Category
As of May 07, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of May 07, 2024.
Basic Info
| Investment Strategy | |
| The ETF seeks to replicate, to the extent possible and net of expenses, the performance of an index that seeks to provide exposure to investments in cap-and-trade carbon allowances. Currently, the ETF seeks to replicate the performance of the Horizons Carbon Credits Rolling Futures Index (Excess Return), net of expenses. The Underlying Index is a proprietary index provided by the Manager and is designed to reflect the returns generated over time through exposure to long notional investments in European carbon credit futures contracts (the “Carbon Credit Futures”) that are based on the most liquid cap-and-trade carbon allowances. In order to achieve its investment objective, the ETF may invest all or a portion of its portfolio in interest bearing accounts, T-Bills and/or other financial instruments. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | -- |
| Fixed Income Style | High Quality/Limited Sensitivity |
| Broad Asset Class | -- |
| Broad Category | Alternative |
| Category Name | Alternative Other |
| Category Index | Morningstar CAD O/N Cash GR CAD |
| Global Category Name | Alternative Miscellaneous |
| YCharts Categorization | Other |
| YCharts Benchmark | S&P 500 Total Return (^SPXTR) |
| Prospectus Objective | -- |
| Fund Owner Firm Name | Horizons ETFs |
| Prospectus Benchmark Index | |
| Horizons Carbon Credits Rlng Fut ER CAD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^SPTSX60TR | 100.0% |
| Manager Tenure | |
| Not Disclosed | 2.22 yrs |