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HXH

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1m

Analysis and statistics

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About

HXH.TO is the Horizons US Large Cap Equity Covered Call ETF. It's a Canadian-listed exchange-traded fund (ETF) that aims to provide income and capital appreciation by investing in a portfolio of US large-cap stocks and writing covered call options on that portfolio. The fund is managed by Horizons ETFs Management (Canada) Inc.
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Factors

Net Asset Value NAV: HXH.TO's price closely tracks the NAV of its underlying holdings which are inverse bets on Horizons BetaPro S&P/TSX 60 Equal Weight Bear Plus ETF. Supply and Demand: Market supply and demand for HXH.TO units influence its price. Higher demand relative to supply can push the price above the NAV. Volatility: Increased market volatility usually leads to higher demand for inverse ETFs, potentially driving up the price of HXH.TO. Interest Rates: Changes in interest rates can affect the valuation of the underlying securities and consequently HXH.TO's price.

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