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HOD

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    5.4379$
  • Previous Close
    5.3334$
  • 52 Week Change
    --
  • Day Range
    0.10$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

HOD.TO represents the Horizons High Interest Savings ETF, an exchange-traded fund listed on the Toronto Stock Exchange. This ETF aims to provide a high interest savings account-like return while offering the liquidity of an ETF. It invests primarily in high-interest deposit accounts held at Canadian banks. Investors use HOD.TO as a cash management tool, seeking a competitive interest rate while maintaining easy access to their funds through trading on the stock exchange.
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Factors

Bitcoin Price: HOD.TO directly tracks Bitcoin's price. If Bitcoin rises, HOD.TO generally rises, and vice-versa.

Supply and Demand: Higher demand for HOD.TO can push its price up, while increased selling pressure can lower it.

Management Fees: The expense ratio impacts HOD.TO's performance, reducing returns slightly over time.

Regulatory Changes: New regulations impacting Bitcoin or crypto ETFs can affect investor sentiment and HOD.TO's price.

Market Sentiment: General optimism or pessimism towards Bitcoin and cryptocurrencies influences HOD.TO's price.

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