
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-T) is presented as a defensive investment alternative, primarily invested in short-term, floating rate corporate bonds from both Canada and the U.S. The ETF is particularly favored for its consistent performance, especially during challenging market conditions, as noted in downturns such as those experienced in 2018 and 2022. Its largest drawdown over the past three months has been relatively minimal at 4%, underscoring its stability and value-preserving qualities. This makes HFR-T an attractive option for investors looking to safeguard their capital while earning a steady yield of 2.7%. Experts suggest setting a stop-loss at $9.50, with a target price of $12.00, which represents an 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 PAST TOP PICK. 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 John Hood on 2016-08-04. 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 2026-07-03, Global X Ultra-Short Term Investment Grade Bond ETF (HFR.TO) stock closed at a price of $10.08.
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.