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Global X Gold Yield ETF (HGY.TO)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

CUSIP
379950105
Issuer
Global X
Inception Date
Dec 14, 2010
Category
Gold
Leveraged
1x (No leverage)
Index Tracked
No Index (Active)
Distribution Policy
Distributing
Asset Class
Commodity
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 Gold Yield 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

HGY.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 Gold Yield ETF (HGY.TO) has returned 2.11% so far this year and 32.43% over the past 12 months. Over the last ten years, HGY.TO has returned 9.83% per year, falling short of the S&P 500 Index benchmark, which averaged 12.91% annually.


Global X Gold Yield ETF

1D
0.00%
1M
-13.74%
YTD
2.11%
6M
11.36%
1Y
32.43%
3Y*
24.33%
5Y*
15.60%
10Y*
9.83%

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 Dec 20, 2010, HGY.TO's average daily return is +2.73%, while the average monthly return is +62.71%. At this rate, your investment would double in approximately 0.1 years.

Historically, 57% of months were positive and 43% were negative. The best month was Jan 2012 with a return of +13,815.3%, while the worst month was Oct 2011 at -2,128.8%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 7 months.

On a daily basis, HGY.TO closed higher 46% of trading days. The best single day was Jan 24, 2012 with a return of +12,661.3%, while the worst single day was Oct 27, 2011 at -2,041.5%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20269.52%8.09%-13.74%2.11%
20255.14%1.18%7.75%4.08%0.07%0.69%-0.30%4.59%8.75%2.17%5.67%1.01%48.66%
2024-0.10%-0.20%6.19%1.55%1.73%0.19%4.50%2.11%3.79%3.84%-3.72%0.00%21.36%
20234.08%-4.65%5.76%0.91%-0.90%-1.43%2.20%-1.33%-3.67%5.13%2.30%1.33%9.51%
2022-0.64%3.69%1.87%-1.73%-3.16%-0.87%-2.54%-2.63%-2.72%-1.28%6.79%2.68%-1.07%
2021-2.10%-5.62%-1.04%2.42%6.60%-6.97%2.20%-0.13%-2.83%1.67%-0.53%2.49%-4.51%

Benchmark Metrics

Global X Gold Yield ETF has an annualized alpha of 120299.28%, beta of -1.68, and R² of 0.00 versus S&P 500 Index. Calculated based on daily prices since December 21, 2010.

  • Beta of -1.68 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
120,299.28%
Beta
-1.68
0.00
Downside Capture
-997.59%

Expense Ratio

HGY.TO has an expense ratio of 0.86%, placing it in the medium range.


Return for Risk

Risk / Return Rank

HGY.TO ranks 72 for risk / return — better than 72% 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.


HGY.TO Risk / Return Rank: 7272
Overall Rank
HGY.TO Sharpe Ratio Rank: 7474
Sharpe Ratio Rank
HGY.TO Sortino Ratio Rank: 7070
Sortino Ratio Rank
HGY.TO Omega Ratio Rank: 7070
Omega Ratio Rank
HGY.TO Calmar Ratio Rank: 7373
Calmar Ratio Rank
HGY.TO Martin Ratio Rank: 7373
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 Gold Yield ETF (HGY.TO) and compare them to a chosen benchmark (S&P 500 Index).


HGY.TOBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

1.38

0.69

+0.69

Sortino ratio

Return per unit of downside risk

1.82

1.06

+0.76

Omega ratio

Gain probability vs. loss probability

1.27

1.17

+0.10

Calmar ratio

Return relative to maximum drawdown

1.93

1.14

+0.79

Martin ratio

Return relative to average drawdown

7.93

4.22

+3.72

Explore HGY.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 Gold Yield ETF provided a 5.53% dividend yield over the last twelve months, with an annual payout of CA$0.89 per share. The fund has been increasing its distributions for 2 consecutive years.


4.00%4.50%5.00%5.50%6.00%6.50%CA$0.00CA$0.20CA$0.40CA$0.60CA$0.8020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
DividendCA$0.89CA$0.78CA$0.60CA$0.60CA$0.61CA$0.60CA$0.65CA$0.43CA$0.44CA$0.47CA$0.53CA$0.60

Dividend yield

5.53%4.92%5.32%6.10%6.42%5.87%5.72%4.19%4.66%4.63%5.37%6.13%

Monthly Dividends

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


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026CA$0.10CA$0.10CA$0.10CA$0.29
2025CA$0.06CA$0.06CA$0.06CA$0.06CA$0.06CA$0.06CA$0.06CA$0.06CA$0.06CA$0.08CA$0.08CA$0.08CA$0.78
2024CA$0.05CA$0.05CA$0.05CA$0.05CA$0.05CA$0.05CA$0.05CA$0.05CA$0.05CA$0.05CA$0.05CA$0.05CA$0.60
2023CA$0.05CA$0.05CA$0.05CA$0.05CA$0.05CA$0.05CA$0.05CA$0.05CA$0.05CA$0.05CA$0.05CA$0.05CA$0.60
2022CA$0.05CA$0.05CA$0.06CA$0.06CA$0.05CA$0.05CA$0.05CA$0.05CA$0.05CA$0.05CA$0.05CA$0.05CA$0.61
2021CA$0.06CA$0.06CA$0.05CA$0.05CA$0.05CA$0.05CA$0.05CA$0.05CA$0.05CA$0.05CA$0.05CA$0.05CA$0.60

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 Gold Yield 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 Gold Yield ETF was 188,898.12%, occurring on Mar 2, 2026. The portfolio has not yet recovered.

The current Global X Gold Yield ETF drawdown is 161,050.90%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-188898.12%Dec 8, 20113569Mar 2, 2026
-2070.73%Oct 27, 20119Nov 8, 201113Nov 28, 201122
-11.34%Sep 6, 201115Sep 26, 20112Sep 28, 201117
-7.5%Aug 22, 20113Aug 24, 20113Aug 29, 20116
-5.34%Apr 29, 201115May 19, 20115May 27, 201120

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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