Summer Sale

50% off Premium Yearly

00days
00hrs
00mins
00secs

TSE:HFR

Global X Ultra-Short Term Investment Grade Bond ETF (HFR.TO)

10.08
-0.00 (0.00%)
as of Jun 12, 2026, 7:59:55 pm Market Open.
5 watching
0
Investor Insights
star iconJun 11, 2026, 12:00 am

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-T) is regarded as a defensive investment option that primarily focuses on short-term floating rate corporate bonds in both Canada and the US. Experts highlight its consistency in performance and its ability to maintain value during challenging market conditions, as evidenced by its resilient performance during downturns in 2018 and 2022. With a maximum drawdown of only 4% over three months, it provides a relatively stable investment environment. This ETF is seen as a secure place for investors to park cash while still earning a respectable yield of 2.7%. Recommendations suggest setting a stop at $9.50 with an aimed target of $12.00, representing an upside potential of 15%.

consensus icon
Consensus
Favorable
valuation icon
Valuation
Fair Value
review icon
Similar
BOND,TBND
BUY

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.

DON'T BUY
It holds ultra-short term investment-grade bonds. MER is 40 basic points. The chart was smooth pre-COVID, then plunged 20% during the sell-off, then recovered. When times are calm, they act like bonds. When risk spikes in a crisis, there's volatility. This falls in line with your equities. He's surprised this had this much of a correction. Something to be aware of. This isn't sovereign debt. Consider sovereign instead.
COMMENT
He has recommended this before, but it too was hit hard when the market declined. He asked one of the big bond desks about liquidity issues and when they said it was drying up, he sold out. What people need to understand is that bonds trade over the counter, not through an exchange. When the liquidity drives up, this negatively impacts bond values.
DON'T BUY
Floating rate notes are not much better for a rising rate environment. You want short term inflation indexed notes. With all this money printing going on we will get a secondary inflation hit the year after next.
BUY
This is swap based which is not exactly like just buying a bond. There is an exchange of the rate of the return. A good place to park your money while getting yield.
BUY

Has a whole bunch. Price moves very little. Has held it for years. Good place to park money. Dividend around 2.25%.

BUY

Is there a short-term ETF to park your cash and earn a little yield? HFR-T and ZST.L-T earns up to 2%. He uses both.

BUY

Where to put CASH? For floating rate notes, the coupon payment goes up as it adjusts. HFR-T is an ETF for this. It is an actively managed ETF. He just put 10% of one portfolio into this.

BUY

Where to park cash in an ETF? He uses HFR-T. It's very short term, like 2-3 months in bond duration. Very little volatility with this. The price never moves much, sticking around $10

PAST TOP PICK

(A Top Pick Jun 29/17, Up 1%) We considered the risk of this ETF to be as low as the bond market. It is boring. You can get 1-2% yield coming out of it. It is a safe, boring investment.

PAST TOP PICK

(A Top Pick Oct 6/16. Up 3%.) Has a lot of this. It’s a great place to park money. You don’t have the duration risks that you have with the other bond ETF’s. It will do better than a Money market.

TOP PICK

This does not have the duration risk of others. It brings down the duration of the bond portfolio. It is actively managed. It is a bit of a risk mitigater.

PAST TOP PICK

(Top Pick Jan 19/16, Up 5%) He went into buy it for the return. It never changes price much. It yields about 2%. A complicated structure but he likes putting money there.

TOP PICK

This is a great place to park money. It never varies very much. You are less interest rate vulnerable.

PAST TOP PICK

(Top Pick Aug 07/15, Up 1.20%) This is a place to park money. It really does not move.

Showing 1 to 15 of 37 entries

Global X Ultra-Short Term Investment Grade Bond ETF (HFR.TO) Frequently Asked Questions

What is Global X Ultra-Short Term Investment Grade Bond ETF stock symbol?

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

Is Global X Ultra-Short Term Investment Grade Bond ETF a buy or a sell?

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 PAST TOP PICK. Read the latest stock experts' ratings for Global X Ultra-Short Term Investment Grade Bond ETF.

Is Global X Ultra-Short Term Investment Grade Bond ETF a good investment or a top pick?

Global X Ultra-Short Term Investment Grade Bond ETF was recommended as a Top Pick by John Hood on 2016-08-04. Read the latest stock experts ratings for Global X Ultra-Short Term Investment Grade Bond ETF.

Why is Global X Ultra-Short Term Investment Grade Bond ETF stock dropping?

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.

Is Global X Ultra-Short Term Investment Grade Bond ETF worth watching?

Global X Ultra-Short Term Investment Grade Bond ETF is covered by Stockchase experts and is worth watching.

What is Global X Ultra-Short Term Investment Grade Bond ETF stock price?

On 2026-06-12, Global X Ultra-Short Term Investment Grade Bond ETF (HFR.TO) stock closed at a price of $10.08.