
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) is recognized as a defensive investment option, focusing on short-term floating rate corporate bonds in both Canadian and US markets. Experts highlight its stability and consistent performance, particularly during turbulent market phases like those experienced in 2018 and 2022, where it notably managed to preserve value. The ETF has a maximum three-month drawdown of just 4%, reinforcing its reputation as a low-risk place to allocate cash while still obtaining a yield of 2.7%. Analysts suggest setting a stop-loss at $9.50 with a target price of $12.00, which corresponds to an upside potential of approximately 15%. This combination of reliability and yielding potential makes HFR a compelling choice for conservative investors.
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.