Horizons U.S. Dollar Currency ETF (DLR-T)
TSE:DLR
14.62
0.03
(0.20%) 1d
Financials
Technical Analysis
Buy, Sell or Hold?
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This week’s new 52-week highs… (Dec 12-18)This week’s new 52-week highs… (Dec 05-11)This week’s new 52-week highs… (Nov 28-Dec 04)This summary was created by AI, based on 2 opinions in the last 12 months.
Horizons U.S. Dollar Currency ETF (DLR) has garnered attention as a solid investment option, particularly due to its focus on hedging USD exposure. One expert notes a potential scenario for converting USD to CAD post-Canadian elections or in response to new trade agreements, suggesting that the Canadian dollar could weaken in the interim, making a timeframe of 1-3 quarters for conversion reasonable. Another expert, Michael O'Reilly, highlights DLR as a top pick, commending its underlying holdings of high-interest savings and short-term T-bills in USD converted to CAD. The ETF presents a low management expense ratio (MER) and offers a yield of 3.3%. O'Reilly suggests adjusting stop-losses upwards and anticipates an upside potential of 16% to reach a target price of $17.50, indicating a bullish outlook on the stock's future performance.
Maybe after the Canadian election or a new trade deal, 1-3 quarters. Will be lots of volatility and the CAD could weaken. The CAD is grossly undervalued and should be trading at $1.20. Hedge in the next 2-5 years.
We reiterate DLR as a TOP PICK. This ETF holds high interest savings and short-term t-bills in USD converted to CAD. It is a good holding to hedge USD exposures with a low MER. We recommend trailing up the stop (from $13.25) to $14.00 -- looking to achieve $17.50 -- upside potential of 16%. Yield 3.3%
We again reiterate this US dollar ETF as a good defensive strategy. If there is a market run to safety of the US greenback, this low fee ETF is a good way to buy some protection. We continue to recommend a stop at $13.25, looking to achieve an initial upside target of $16 -- upside potential over 16%. Yield 1.7%
We reiterate this US dollar ETF as a good defensive strategy. If there is a market run to safety, this low fee ETF is a good way to buy some protection. We continue to recommend a stop-loss at $13.25, looking to achieve an initial upside target of $16 -- upside potential of 18%. Yield 1.7%
In periods of market uncertainty, holding US dollars is a good strategy if there is a market run to safety. This low fee ETF is a good way to buy some protection. We would set a stop loss at $13.25, looking to achieve an initial upside target of $16 -- upside potential of 14%. Yield 0.89%
(Top Pick Mar 14’16, Up 1%) He parked US money here.
A good place to park money if you are making a large purchase in US$ in the future.
(Top Pick May 5/16, Up 4.02%) This is a good way to invest in the US currency. The US dollar tends to do well in the summer months. He has been long the US dollar for a month now.
The Canadian dollar has done well during March and April for the last 9 years in a row. So he is going long on the US dollar now.
Likes this because he can strategically hold his cash in US$s. He is always aware what it costs to do these things. The MER is only a half percent.
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Horizons U.S. Dollar Currency ETF(DLR-T) Rating
Ranking : 1 out of 5
Bullish - Buy Signals / Votes : 0
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 0
Horizons U.S. Dollar Currency ETF(DLR-T) Frequently Asked Questions
What is Horizons U.S. Dollar Currency ETF stock symbol?
Horizons U.S. Dollar Currency ETF is a Canadian stock, trading under the symbol DLR-T on the Toronto Stock Exchange (DLR-CT). It is usually referred to as TSX:DLR or DLR-T
Is Horizons U.S. Dollar Currency ETF a buy or a sell?
In the last year, there was no coverage of Horizons U.S. Dollar Currency ETF published on Stockchase.
Is Horizons U.S. Dollar Currency ETF a good investment or a top pick?
Horizons U.S. Dollar Currency ETF was recommended as a Top Pick by on . Read the latest stock experts ratings for Horizons U.S. Dollar Currency ETF.
Why is Horizons U.S. Dollar Currency 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 U.S. Dollar Currency ETF worth watching?
0 stock analysts on Stockchase covered Horizons U.S. Dollar Currency ETF In the last year. It is a trending stock that is worth watching.
What is Horizons U.S. Dollar Currency ETF stock price?
On 2025-03-24, Horizons U.S. Dollar Currency ETF (DLR-T) stock closed at a price of $14.62.