Related posts

Nervous markets await Nvidia
Investor Insights

This summary was created by AI, based on 2 opinions in the last 12 months.

The Evolve High Interest Savings Account ETF (HISA-NE) has been evaluated by experts who suggest that it offers a slightly better return than holding cash, making it a viable option for capital preservation. However, it has distinct characteristics compared to traditional high-interest savings accounts, lacking CDIC insurance and incurring trading fees. Despite its stability, the ETF's monthly distributions have seen a decline as Canadian overnight bank rates have decreased, raising concerns about its competitiveness against money market funds like ZMMK and T-bill ETFs. Overall, while HISA-NE can be a suitable short-term holding, its attractiveness may be waning as alternative investments become more appealing in the current economic landscape.

Consensus
Neutral
Valuation
Fair Value
COMMENT

It is a little bit better than cash. There is nothing wrong with this as a place to hold cash. He sees the economy as being strong.

DON'T BUY
Where to park money for capital preservation?

Important to note that it's not exactly the same as a high-interest savings account. No CDIC insurance, have to pay trading fees. Very stable price handle until there's a monthly distribution, based on Canadian overnight bank rates. Those distributions have come down as rates have started to decline.

At one point, superior to bonds. But now with yields coming down, money market funds such as ZMMK are very competitive. T-bill ETFs are also competitive.

Showing 1 to 2 of 2 entries
  • «
  • 1
  • »

Evolve High Interest Savings Account ETF(HISA-NE) Rating

Ranking : 3 out of 5

Star iconStar iconStar iconStar empty iconStar empty icon

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 1

Stockchase rating for Evolve High Interest Savings Account ETF is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Evolve High Interest Savings Account ETF(HISA-NE) Frequently Asked Questions

What is Evolve High Interest Savings Account ETF stock symbol?

Evolve High Interest Savings Account ETF is a OTC stock, trading under the symbol HISA-NE on the (). It is usually referred to as or HISA-NE

Is Evolve High Interest Savings Account ETF a buy or a sell?

In the last year, 1 stock analyst published opinions about HISA-NE. 0 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Evolve High Interest Savings Account ETF.

Is Evolve High Interest Savings Account ETF a good investment or a top pick?

Evolve High Interest Savings Account ETF was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Evolve High Interest Savings Account ETF.

Why is Evolve High Interest Savings Account ETF stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Evolve High Interest Savings Account ETF worth watching?

In the last year, there was no coverage of Evolve High Interest Savings Account ETF published on Stockchase.

What is Evolve High Interest Savings Account ETF stock price?

On , Evolve High Interest Savings Account ETF (HISA-NE) stock closed at a price of $.