Horizons U.S. Dollar Currency ETF (DLR-T)
TSE:DLR
14.23
0.08
(0.57%) 1d
Financials
Technical Analysis
Buy, Sell or Hold?
Related posts
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.
The Horizons U.S. Dollar Currency ETF (DLR-T) has attracted attention from different experts with varying insights. The first reviewer, a caller, suggests considering a conversion from USD to CAD based on forthcoming events such as a Canadian election or a potential trade deal, anticipating significant market volatility that could weaken the CAD. They believe the CAD is currently undervalued and should be trading around $1.20, implying a strategic hedge in the next 2-5 years. Meanwhile, Michael O'Reilly from Stockchase Research emphasizes DLR's merits as a top pick due to its holdings in high-interest savings and short-term t-bills, providing a reliable hedge against USD exposures with a competitive Management Expense Ratio (MER). He encourages investors to raise their stop-loss to $14.00 while targeting an upside of $17.50, reflecting a 16% potential increase. The ETF seems to offer a yield of 3.3%, reinforcing its status as a strong investment for those looking to manage currency risk effectively.
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%
- «
- ‹
- 1
- ›
- »
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 2025-04-15, Horizons U.S. Dollar Currency ETF (DLR-T) stock closed at a price of $14.23.