PortfoliosLab logo
Global X Cash Maximizer Corporate Class ETF (HSAV....
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

CUSIP

379939101

Issuer

Global X

Inception Date

Feb 5, 2020

Category

Bank Loan

Leveraged

1x

Index Tracked

No Index (Active)

Distribution Policy

Distributing

Asset Class

Bond

Expense Ratio

HSAV.TO has an expense ratio of 0.18%, which is considered low.


Share Price Chart


Loading data...

Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Performance

Performance Chart


Loading data...

Returns By Period

Global X Cash Maximizer Corporate Class ETF (HSAV.TO) returned 0.83% year-to-date (YTD) and 3.08% over the past 12 months.


HSAV.TO

YTD

0.83%

1M

0.23%

6M

1.11%

1Y

3.08%

5Y*

2.80%

10Y*

N/A

^GSPC (Benchmark)

YTD

-3.77%

1M

7.44%

6M

-5.60%

1Y

8.37%

5Y*

14.12%

10Y*

10.46%

*Annualized

Monthly Returns

The table below presents the monthly returns of HSAV.TO, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20251.31%-0.46%-0.23%0.26%-0.03%0.83%
20240.34%0.63%0.79%-0.01%0.32%0.41%0.30%0.36%0.06%0.39%0.36%0.21%4.24%
20231.20%1.36%-0.97%-0.10%0.13%0.60%0.64%1.08%0.51%-0.04%-0.03%0.57%5.04%
20220.04%0.05%0.08%0.08%0.11%0.17%0.20%0.27%0.59%0.67%0.06%0.43%2.79%
20210.06%0.04%0.06%0.06%0.05%0.07%0.06%0.04%0.05%0.06%0.05%0.06%0.66%
20200.13%0.10%0.06%0.06%0.06%0.05%0.05%0.06%0.06%0.05%0.06%0.74%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

With an overall rank of 93, HSAV.TO is among the top 7% of ETFs on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of HSAV.TO is 9393
Overall Rank
The Sharpe Ratio Rank of HSAV.TO is 9292
Sharpe Ratio Rank
The Sortino Ratio Rank of HSAV.TO is 9393
Sortino Ratio Rank
The Omega Ratio Rank of HSAV.TO is 9292
Omega Ratio Rank
The Calmar Ratio Rank of HSAV.TO is 9595
Calmar Ratio Rank
The Martin Ratio Rank of HSAV.TO is 9191
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Global X Cash Maximizer Corporate Class ETF (HSAV.TO) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

Global X Cash Maximizer Corporate Class ETF Sharpe ratios as of May 11, 2025 (values are recalculated daily):

  • 1-Year: 1.64
  • 5-Year: 1.69
  • All Time: 1.68

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

The chart below shows the rolling Sharpe ratio of Global X Cash Maximizer Corporate Class ETF compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time. For deeper analysis or to customize the calculation, use the Sharpe ratio tool.


Loading data...

Dividends

Dividend History


Global X Cash Maximizer Corporate Class ETF doesn't pay dividends

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.


Loading data...

Worst Drawdowns

The table below displays the maximum drawdowns of the Global X Cash Maximizer Corporate Class 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 Cash Maximizer Corporate Class ETF was 2.18%, occurring on Mar 13, 2023. Recovery took 90 trading sessions.

The current Global X Cash Maximizer Corporate Class ETF drawdown is 0.66%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-2.18%Feb 27, 202311Mar 13, 202390Jul 20, 2023101
-1.06%Jan 30, 20253Feb 3, 2025
-0.93%Oct 6, 202330Nov 17, 202333Jan 8, 202463
-0.61%Aug 23, 20231Aug 23, 20236Aug 31, 20237
-0.5%Dec 23, 20222Dec 28, 20227Jan 9, 20239

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


Loading data...