
TSE:HFR
This summary was created by AI, based on 1 opinions in the last 12 months.
The Global X Ultra-Short Term Investment Grade Bond ETF (HFR), as reviewed by market experts, is recognized as a defensive investment option tailored for those seeking stability in uncertain market climates. This ETF focuses on short-term floating rate corporate bonds in both Canadian and US markets, which contributes to its resilience during significant downturns, notably those observed in 2018 and 2022. Experts highlight its impressive ability to preserve value while maintaining a yield of 2.7%, appealing to conservative investors looking to safeguard their capital. The ETF's largest three-month drawdown is a modest 4%, reinforcing its status as a secure cash alternative. Analysts recommend setting a stop at $9.50 and aim for a price target of $12.00, indicating an attractive upside potential of 15%.
Global X Ultra-Short Term Investment Grade Bond ETF is a Canadian stock, trading under the symbol HFR.TO (previously HFR-T on Stockchase) on the Toronto Stock Exchange (HFR-CT). It is usually referred to as TSX:HFR or HFR.TO
In the last year, 1 stock analyst issued a Buy, Sell, or Hold rating on HFR.TO (previously HFR-T on Stockchase). 1 analyst recommended to BUY and 0 analysts recommended to SELL the stock. The latest stock analyst rating is BUY. Read the latest stock experts' ratings for Global X Ultra-Short Term Investment Grade Bond ETF.
Global X Ultra-Short Term Investment Grade Bond ETF was recommended as a Top Pick by Mike Philbrick on 2025-12-30. Read the latest stock experts ratings for Global X Ultra-Short Term Investment Grade Bond ETF.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for Global X Ultra-Short Term Investment Grade Bond ETF.
Global X Ultra-Short Term Investment Grade Bond ETF is covered by Stockchase experts and is worth watching.
On 2026-09-03, Global X Ultra-Short Term Investment Grade Bond ETF (HFR.TO) stock closed at a price of $10.04.
Great if you want cash and you don't want volatility in your portfolio. Charges 0.49% MER though. ZST is cheaper, but pays a lower yield.