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HSD1

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Analysis and statistics

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About

HSD1.F is the financial instrument symbol for the Horizons S&P/TSX 60 Equal Weight Index ETF listed on the Frankfurt Stock Exchange (FSE). This Exchange Traded Fund (ETF) aims to replicate, before fees and expenses, the performance of the S&P/TSX 60 Equal Weight Index. The index is composed of the 60 largest and most liquid companies listed on the Toronto Stock Exchange (TSX), but unlike the standard S&P/TSX 60 index, each company in the equal weight version is given the same weight in the index, reducing the concentration risk associated with market capitalization weighted indices. Consequently, HSD1.F offers European investors a way to gain exposure to a diversified portfolio of Canadian equities, specifically those included in the S&P/TSX 60, with a more balanced representation of each company.

Factors

Company Performance: HSD1.F's financial health, including revenue, profit margins, and debt levels, heavily influences its stock price. Industry Trends: The overall performance of the industry sector HSD1.F operates in impacts investor sentiment and stock valuation. Economic Conditions: Macroeconomic factors like inflation, interest rates, and GDP growth can drive overall market direction, affecting HSD1.F. News and Events: Company-specific announcements, industry news, and broader economic events can trigger short-term price fluctuations. Investor Sentiment: Market psychology, fear, and greed can drive buying and selling pressure, impacting HSD1.F's stock price.

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