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HIX

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1d
1w
1m

Analysis and statistics

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  • 52 Week Change
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  • Dividend Per Share
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About

HIX.TO represents the Horizons US High Dividend Yield Index ETF. It is a Canadian-listed exchange-traded fund that seeks to replicate, to the extent possible, the performance of the Solactive US High Dividend Yield Index, net of expenses. This index is designed to track the performance of U.S. companies with high dividend yields.
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Factors

[Underlying Bond Prices]: HIX.TO invests in Canadian investment-grade bonds; their market values fluctuate with interest rate changes and credit spreads.

[Interest Rate Movements]: Rising interest rates typically cause bond prices, and thus HIX.TO's price, to decline; falling rates have the opposite effect.

[Credit Quality Perceptions]: Changes in the perceived creditworthiness of the bond issuers held by HIX.TO impact its price. Downgrades can lower it.

[Supply and Demand]: High demand for HIX.TO can drive up its price, while increased selling pressure can cause it to fall, irrespective of underlying bond values.

[Market Sentiment]: Overall investor optimism or pessimism can influence HIX.TO's price, especially during periods of economic uncertainty.

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