GLOBAL X EUROPE 50 INDEX CORPORATE ETF SHSGLOBAL X EUROPE 50 INDEX CORPORATE ETF SHSGLOBAL X EUROPE 50 INDEX CORPORATE ETF SHS

GLOBAL X EUROPE 50 INDEX CORPORATE ETF SHS

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Key stats


Assets under management (AUM)
‪130.34 M‬CAD
Fund flows (1Y)
‪13.49 M‬CAD
Dividend yield (indicated)
Discount/Premium to NAV
−0.08%
Shares outstanding
‪2.15 M‬
Expense ratio
0.49%

About GLOBAL X EUROPE 50 INDEX CORPORATE ETF SHS


Issuer
Mirae Asset Global Investments Co., Ltd.
Brand
Global X
Home page
Inception date
Dec 6, 2016
Structure
Canadian Mutual Fund Trust (ON)
Index tracked
Solactive Europe 50 Rolling Futures Index - EUR
Management style
Passive
Dividend treatment
Distributes
Distribution tax treatment
No distributions
Income tax type
Capital Gains
Primary advisor
Global X Investments Canada, Inc.
The fund aims to reflect the returns generated over time through long positions in the EURO STOXX 50 Futures Roll Index that are, in turn, based on the performance of the MSCI EURO STOXX 50 Index. The latter measures the performance of blue-chip stocks from European Union countries which have adopted the Euro as their currency. The index utilizes 19 EURO STOXX sector indices, and ranks its stocks by free-float market capitalization. Its notional portfolio is invested into the first nearby contract of the EURO STOXX 50 Futures, and then rolled into the next nearby contract over a four-day period preceding the expiry date of the futures contracts.

Broaden your horizons with more funds linked to HXX via country, focus, and more.

Classification


Asset Class
Equity
Category
Size and style
Focus
Large cap
Niche
Broad-based
Strategy
Vanilla
Geography
Developed Europe
Weighting scheme
Market cap
Selection criteria
Market cap
What's in the fund
Exposure type
Bonds, Cash & Other
Cash
Miscellaneous
Bonds, Cash & Other100.00%
Cash65.74%
Miscellaneous34.26%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
HXX trades at 60.45 CAD today, its price has risen 0.30% in the past 24 hours. Track more dynamics on HXX price chart.
HXX net asset value is 60.67 today — it's risen 1.80% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
HXX assets under management is ‪130.34 M‬ CAD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
HXX price has risen by 2.26% over the last month, and its yearly performance shows a 18.79% increase. See more dynamics on HXX price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.80% over the last month, showed a 5.15% increase in three-month performance and has increased by 20.92% in a year.
HXX fund flows account for ‪16.51 M‬ CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
HXX invests in cash. See more details in our Analysis section.
HXX expense ratio is 0.49%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, HXX isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, HXX technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating HXX shows the buy signal. See more of HXX technicals for a more comprehensive analysis.
No, HXX doesn't pay dividends to its holders.
HXX trades at a premium (0.08%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
HXX shares are issued by Mirae Asset Global Investments Co., Ltd.
HXX follows the Solactive Europe 50 Rolling Futures Index - EUR. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Dec 6, 2016.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.