Horizons EURO STOXX 50® Index ETF (HXX-T)
TSE:HXX
57.34
0.44
(0.77%) 1d
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The Horizons EURO STOXX 50® Index ETF (HXX-T) provides investors with a strong opportunity to gain exposure to Europe's large-cap companies. Unlike traditional dividend-paying stocks, this ETF focuses on capital gains, which means that tax efficiency is a notable benefit, as taxes are incurred only upon selling the asset. Experts highlight that the index is concentrated in well-established firms within the Eurozone, making it a strategic choice for those looking to diversify their portfolios while minimizing distributions. The absence of regular dividend payouts may be a consideration for income-focused investors, but the potential for capital appreciation is an attractive feature for others. Overall, this ETF represents a compelling option for investors seeking exposure to European equities without the complexity of direct stock investments.
The simplest way for Canadian investors to participate is through an ETF. To be blunt, these instruments aren't popular with Canadian investors. The daily volumes of the HXX average 2,250 shares, which actually rank higher than fellow Euro ETFs. As a total return ETF, HXX doesn't pay a yield (no worries about taxes), but it charges a rock-bottom MER of 0.17%. Most importantly, HXX rose 12.9% in Q1 and 23.84% in 2023. HXX is most exposed to France with 43% of its holdings, followed by Germany at 25.6%. Consumer goods and financials make up 40% of HXX. Its top holdings are AMSL, LMVH (Louis Vuitton), Total Energies, Sap and Sanofi.
(A Top Pick July 5/17, Up 4%) Banks are big players here, but they’ve gone nowhere because of interest rates where pretty flat. The place to be in the future. Likes it for a taxable account because it doesn’t pay the dividend, it’s one of those total return ETF, the stock price will reflect the accumulated dividend. A key holdings for them on the international side.
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Horizons EURO STOXX 50® Index ETF(HXX-T) Rating
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 1
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 1
Horizons EURO STOXX 50® Index ETF(HXX-T) Frequently Asked Questions
What is Horizons EURO STOXX 50® Index ETF stock symbol?
Horizons EURO STOXX 50® Index ETF is a Canadian stock, trading under the symbol HXX-T on the Toronto Stock Exchange (HXX-CT). It is usually referred to as TSX:HXX or HXX-T
Is Horizons EURO STOXX 50® Index ETF a buy or a sell?
In the last year, 1 stock analyst published opinions about HXX-T. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Horizons EURO STOXX 50® Index ETF.
Is Horizons EURO STOXX 50® Index ETF a good investment or a top pick?
Horizons EURO STOXX 50® Index ETF was recommended as a Top Pick by on . Read the latest stock experts ratings for Horizons EURO STOXX 50® Index ETF.
Why is Horizons EURO STOXX 50® Index 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 Horizons EURO STOXX 50® Index ETF worth watching?
1 stock analyst on Stockchase covered Horizons EURO STOXX 50® Index ETF In the last year. It is a trending stock that is worth watching.
What is Horizons EURO STOXX 50® Index ETF stock price?
On 2025-04-25, Horizons EURO STOXX 50® Index ETF (HXX-T) stock closed at a price of $57.34.
Won't get distributions from dividends. Capital gains accrue when sell. Very tax efficient. Provides good exposure to Europe. Large cap names comprise most of fund.