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HDIV

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1d
1w
1m

Analysis and statistics

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About

HDIV.TO is the symbol for the Horizons Active High Dividend ETF, an exchange-traded fund managed by Horizons ETFs Management (Canada) Inc. This ETF aims to provide a high level of dividend income while preserving capital by investing primarily in dividend-paying equity securities of Canadian companies. It employs an active management strategy to select and weight its holdings based on factors such as dividend yield, dividend growth potential, and financial health.
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Factors

Underlying Holdings' Performance: HDIV.TO's price mirrors the performance of its constituent dividend-paying stocks. Strong earnings or positive news for these companies typically drive HDIV.TO's price up.

Interest Rate Environment: Higher interest rates often make dividend stocks less attractive relative to bonds. This can put downward pressure on HDIV.TO's price.

Market Sentiment: Overall market optimism or pessimism greatly affects investor demand for ETFs like HDIV.TO. Positive sentiment usually increases demand and price.

Dividend Yields: Fluctuations in the dividend yields of the underlying stocks influence HDIV.TO's appeal. Higher yields attract more investors, boosting the ETF's price.

Fund Flows: Large inflows into HDIV.TO increase demand and its price, while outflows decrease demand and price.

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