Horizons All-Equity Asset Allocation ETF (HEQT.TO)
The ETF aims to achieve long-term capital growth through investments in globally diversified equity securities via exchange-traded funds.
ETF Info
| Issuer | Horizons |
|---|---|
| Inception Date | Sep 13, 2019 |
| Category | Global Equities |
| Leveraged | 1x |
| Index Tracked | No Index (Active) |
| Distribution Policy | Distributing |
| Home Page | horizonsetfs.com |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Blend |
Expense Ratio
HEQT.TO has an expense ratio of 0.20%, which is considered low compared to other funds.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of CA$10,000 in Horizons All-Equity 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.
Returns By Period
Horizons All-Equity Asset Allocation ETF had a return of 22.81% year-to-date (YTD) and 28.89% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 22.81% | 25.45% |
| 1 month | 1.16% | 2.91% |
| 6 months | 10.73% | 14.05% |
| 1 year | 28.89% | 35.64% |
| 5 years (annualized) | 12.52% | 14.13% |
| 10 years (annualized) | N/A | 11.39% |
Monthly Returns
The table below presents the monthly returns of HEQT.TO, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 1.52% | 4.57% | 3.03% | -1.77% | 2.44% | 2.41% | 2.79% | 0.21% | 2.56% | 0.49% | 22.81% | ||
| 2023 | 7.70% | -1.90% | 3.18% | 1.50% | -0.07% | 4.96% | 3.11% | -2.36% | -3.61% | -1.13% | 6.77% | 2.88% | 22.30% |
| 2022 | -4.51% | -4.03% | 3.40% | -8.05% | -0.15% | -8.16% | 7.64% | -3.55% | -8.32% | 6.02% | 6.42% | -5.54% | -18.95% |
| 2021 | 0.16% | 2.11% | 3.18% | 3.39% | 1.56% | 2.93% | 1.07% | 2.75% | -3.91% | 5.50% | -0.81% | 2.89% | 22.54% |
| 2020 | -0.37% | -4.03% | -13.76% | 9.28% | 4.66% | 2.47% | 4.54% | 7.57% | -3.00% | -4.60% | 12.24% | 3.07% | 16.34% |
| 2019 | -0.70% | 2.02% | 3.76% | 2.52% | 7.76% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of HEQT.TO is 84, placing it in the top 16% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Horizons All-Equity Asset Allocation ETF (HEQT.TO) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Horizons All-Equity Asset Allocation ETF provided a 1.68% dividend yield over the last twelve months, with an annual payout of CA$0.30 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|
| Dividend | CA$0.30 | CA$0.13 | CA$0.00 | CA$0.00 | CA$0.17 | CA$0.02 |
Dividend yield | 1.68% | 0.84% | 0.03% | 0.02% | 1.40% | 0.22% |
Monthly Dividends
The table displays the monthly dividend distributions for Horizons All-Equity Asset Allocation ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | CA$0.03 | CA$0.03 | CA$0.03 | CA$0.03 | CA$0.03 | CA$0.03 | CA$0.03 | CA$0.03 | CA$0.03 | CA$0.03 | CA$0.00 | CA$0.25 | |
| 2023 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.03 | CA$0.03 | CA$0.03 | CA$0.03 | CA$0.03 | CA$0.13 |
| 2022 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 |
| 2021 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 |
| 2020 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.17 | CA$0.17 |
| 2019 | CA$0.02 | CA$0.02 |
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the Horizons All-Equity 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 Horizons All-Equity Asset Allocation ETF was 31.82%, occurring on Mar 23, 2020. Recovery took 98 trading sessions.
The current Horizons All-Equity Asset Allocation ETF drawdown is 0.50%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -31.82% | Feb 21, 2020 | 22 | Mar 23, 2020 | 98 | Aug 12, 2020 | 120 |
| -24.89% | Nov 19, 2021 | 226 | Oct 14, 2022 | 320 | Jan 24, 2024 | 546 |
| -8.64% | Sep 3, 2020 | 40 | Oct 30, 2020 | 8 | Nov 11, 2020 | 48 |
| -7.14% | Jul 17, 2024 | 15 | Aug 7, 2024 | 30 | Sep 19, 2024 | 45 |
| -5.45% | Sep 8, 2021 | 19 | Oct 4, 2021 | 14 | Oct 25, 2021 | 33 |
Volatility
Volatility Chart
The current Horizons All-Equity Asset Allocation ETF volatility is 3.07%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.