Global X Balanced Asset Allocation ETF (HBAL.TO)

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

Global X Balanced Asset Allocation ETF (HBAL.TO) has returned -1.33% so far this year and 10.97% over the past 12 months.

Based on dividend-adjusted daily data since Aug 2, 2018, HBAL.TO's average daily return is +0.03%, while the average monthly return is +0.71%. At this rate, your investment would double in approximately 8.2 years.

Historically, 65% of months were positive and 35% were negative. The best month was Nov 2020 with a return of +8.8%, while the worst month was Mar 2020 at -8.9%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 3 months.

On a daily basis, HBAL.TO closed higher 48% of trading days. The best single day was Mar 17, 2020 with a return of +3.9%, while the worst single day was Mar 16, 2020 at -7.5%.

Global X Balanced Asset Allocation ETF has an annualized alpha of 2.02%, beta of 0.53, and R² of 0.57 versus S&P 500 Index. Calculated based on daily prices since August 03, 2018.

• This ETF participated in 77.50% of S&P 500 Index downside but only 69.64% of its upside — more exposed to losses than it benefited from rallies.
• This ETF generated an annualized alpha of 2.02% versus S&P 500 Index — delivering returns beyond what market exposure alone would predict.
• Beta of 0.53 indicates this ETF moves significantly less than S&P 500 Index — a genuinely defensive profile with reduced participation in both market rallies and downturns.

HBAL.TO has an expense ratio of 0.20%, which is considered low.

HBAL.TO ranks 62 for risk / return — better than 62% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.

The table below present risk-adjusted performance metrics for Global X Balanced Asset Allocation ETF (HBAL.TO) and compare them to a chosen benchmark (S&P 500 Index).

Global X Balanced Asset Allocation ETF provided a 2.24% dividend yield over the last twelve months, with an annual payout of CA$0.39 per share. The fund has been increasing its distributions for 3 consecutive years.

The table displays the monthly dividend distributions for Global X Balanced Asset Allocation 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 Balanced Asset Allocation 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 Balanced Asset Allocation ETF was 22.49%, occurring on Mar 18, 2020. Recovery took 85 trading sessions.

The current Global X Balanced Asset Allocation ETF drawdown is 4.80%.

The chart below shows the rolling one-month volatility.