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Global X Active Global Fixed Income ETF (HAF.TO)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

CUSIP
37892Y108
Issuer
Global X
Inception Date
Jul 20, 2009
Category
Global Bonds
Leveraged
1x (No leverage)
Index Tracked
No Index (Active)
Distribution Policy
Distributing
Asset Class
Bond
Asset Class Size
Multi-Cap
Asset Class Style
Blend

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of CA$10,000 in Global X Active Global Fixed Income ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Different Benchmark Currency

HAF.TO is traded in CAD, while the ^GSPC benchmark is in USD. To make them comparable, the benchmark values have been converted to CAD using the latest available exchange rates.

Returns By Period

Global X Active Global Fixed Income ETF (HAF.TO) has returned 0.10% so far this year and 0.90% over the past 12 months. Over the last ten years, HAF.TO has returned 2.99% per year, falling short of the S&P 500 Index benchmark, which averaged 12.91% annually.


Global X Active Global Fixed Income ETF

1D
0.53%
1M
-1.49%
YTD
0.10%
6M
0.50%
1Y
0.90%
3Y*
5.00%
5Y*
2.46%
10Y*
2.99%

Benchmark (S&P 500 Index)

1D
2.80%
1M
-3.22%
YTD
-3.34%
6M
-2.48%
1Y
12.46%
3Y*
17.80%
5Y*
12.48%
10Y*
12.91%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Jul 31, 2006, HAF.TO's average daily return is +0.01%, while the average monthly return is +0.20%. At this rate, your investment would double in approximately 28.9 years.

Historically, 60% of months were positive and 40% were negative. The best month was Apr 2020 with a return of +11.2%, while the worst month was Mar 2020 at -15.6%. The longest winning streak lasted 12 consecutive months, and the longest losing streak was 6 months.

On a daily basis, HAF.TO closed higher 37% of trading days. The best single day was Mar 25, 2020 with a return of +17.4%, while the worst single day was Mar 17, 2020 at -13.5%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20260.08%1.53%-1.49%0.10%
20250.67%1.23%-0.17%-0.03%-0.03%1.24%-0.58%1.47%-1.63%1.13%-0.44%-0.29%2.56%
20240.03%0.44%1.42%-2.25%0.93%0.93%1.47%0.34%2.85%-2.31%1.94%-2.05%3.65%
20232.92%-2.38%1.48%1.19%-0.10%-0.26%2.22%-0.53%-0.96%-0.40%4.01%3.44%10.92%
2022-1.30%-0.53%-1.60%-2.28%-0.66%-2.36%3.00%-0.90%-3.35%0.27%3.57%0.20%-6.00%
2021-0.02%0.18%0.18%0.58%0.58%0.71%0.07%0.07%-0.19%-0.32%-0.58%0.59%1.88%

Benchmark Metrics

Global X Active Global Fixed Income ETF has an annualized alpha of 2.31%, beta of -0.04, and R² of 0.00 versus S&P 500 Index. Calculated based on daily prices since July 22, 2009.

  • This ETF participated in 30.73% of S&P 500 Index downside but only 16.21% of its upside — more exposed to losses than it benefited from rallies.
  • Beta of -0.04 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.

Alpha
2.31%
Beta
-0.04
0.00
Upside Capture
16.21%
Downside Capture
30.73%

Expense Ratio

HAF.TO has an expense ratio of 0.59%, placing it in the medium range.


Return for Risk

Risk / Return Rank

HAF.TO ranks 15 for risk / return — in the bottom 15% of ETFs on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.


HAF.TO Risk / Return Rank: 1515
Overall Rank
HAF.TO Sharpe Ratio Rank: 1414
Sharpe Ratio Rank
HAF.TO Sortino Ratio Rank: 1313
Sortino Ratio Rank
HAF.TO Omega Ratio Rank: 1212
Omega Ratio Rank
HAF.TO Calmar Ratio Rank: 1919
Calmar Ratio Rank
HAF.TO Martin Ratio Rank: 1717
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Global X Active Global Fixed Income ETF (HAF.TO) and compare them to a chosen benchmark (S&P 500 Index).


HAF.TOBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

0.13

0.69

-0.56

Sortino ratio

Return per unit of downside risk

0.23

1.06

-0.83

Omega ratio

Gain probability vs. loss probability

1.03

1.17

-0.14

Calmar ratio

Return relative to maximum drawdown

0.34

1.14

-0.81

Martin ratio

Return relative to average drawdown

0.74

4.22

-3.48

Explore HAF.TO risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

Global X Active Global Fixed Income ETF provided a 5.01% dividend yield over the last twelve months, with an annual payout of CA$0.34 per share.


2.00%3.00%4.00%5.00%6.00%CA$0.00CA$0.10CA$0.20CA$0.30CA$0.4020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
DividendCA$0.34CA$0.35CA$0.39CA$0.39CA$0.30CA$0.18CA$0.24CA$0.25CA$0.22CA$0.25CA$0.31CA$0.30

Dividend yield

5.01%5.05%5.47%5.34%4.36%2.41%3.08%3.23%2.82%3.11%3.98%3.84%

Monthly Dividends

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


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026CA$0.03CA$0.03CA$0.03CA$0.08
2025CA$0.03CA$0.03CA$0.03CA$0.03CA$0.03CA$0.03CA$0.03CA$0.03CA$0.03CA$0.03CA$0.03CA$0.03CA$0.35
2024CA$0.03CA$0.03CA$0.03CA$0.04CA$0.04CA$0.04CA$0.04CA$0.04CA$0.04CA$0.03CA$0.03CA$0.02CA$0.39
2023CA$0.03CA$0.03CA$0.03CA$0.03CA$0.03CA$0.03CA$0.03CA$0.03CA$0.03CA$0.03CA$0.03CA$0.03CA$0.39
2022CA$0.02CA$0.02CA$0.02CA$0.02CA$0.02CA$0.02CA$0.03CA$0.03CA$0.03CA$0.03CA$0.03CA$0.03CA$0.30
2021CA$0.02CA$0.01CA$0.01CA$0.01CA$0.01CA$0.01CA$0.02CA$0.02CA$0.02CA$0.02CA$0.02CA$0.02CA$0.18

Drawdowns

Drawdowns Chart

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.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Global X Active Global Fixed Income 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 Global Fixed Income ETF was 28.04%, occurring on Mar 24, 2020. Recovery took 176 trading sessions.

The current Global X Active Global Fixed Income ETF drawdown is 2.23%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-28.04%Apr 17, 2019235Mar 24, 2020176Dec 3, 2020411
-18.88%Sep 15, 2009142Apr 16, 2010722Mar 4, 2013864
-15.15%May 26, 2015187Feb 22, 2016220Jan 6, 2017407
-12.3%Jun 16, 2021340Oct 24, 2022281Dec 5, 2023621
-5.89%May 8, 201374Aug 22, 2013102Jan 20, 2014176

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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