Global X Active Corporate Bond ETF (HAB.TO)

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Global X Active Corporate Bond ETF (HAB.TO) is up 0.8% since the beginning of the year. HAB.TO is currently trading at CA$10 per share. Investors who bought CA$1,000 worth of HAB.TO shares 5 years ago would now be looking at an investment worth CA$1,103.

Global X Active Corporate Bond ETF (HAB.TO) has returned 0.81% so far this year and 4.46% over the past 12 months. Over the last ten years, HAB.TO has returned 2.89% per year, falling short of the S&P 500 Index benchmark, which averaged 14.32% annually.

Based on dividend-adjusted daily data since Jul 15, 2010, HAB.TO's average daily return is +0.02%, while the average monthly return is +0.31%. At this rate, an investment would double in approximately 18.7 years.

Historically, 64% of months were positive and 36% were negative. The best month was Apr 2020 with a return of +4.6%, while the worst month was Mar 2020 at -6.9%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 4 months.

On a daily basis, HAB.TO closed higher 46% of trading days. The best single day was Mar 20, 2020 with a return of +7.3%, while the worst single day was Mar 18, 2020 at -8.5%.

Global X Active Corporate Bond ETF has an annualized alpha of 4.61%, beta of -0.01, and R2 of 0.00 versus S&P 500 Index. Calculated based on daily prices since July 15, 2010.

• This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (18.73%) than losses (11.92%) - typical of diversified or defensive assets.
• Beta of -0.01 may look defensive, but with R2 of 0.00 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
• R2 of 0.00 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

HAB.TO ranks 34 for risk / return — below 34% of ETFs on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.

Global X Active Corporate Bond ETF provided a 4.12% dividend yield over the last twelve months, with an annual payout of CA$0.42 per share.

The table displays the monthly dividend distributions for Global X Active Corporate Bond ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Global X Active Corporate Bond ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Global X Active Corporate Bond ETF was 23.78%, occurring on Mar 19, 2020. Recovery took 92 trading sessions.

The current Global X Active Corporate Bond ETF drawdown is 1.32%.

The chart below shows the rolling one-month volatility.