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NXTG

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Analysis and statistics

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About

NXTG.TO is the ticker symbol for the Horizons Global Sustainability Leaders Index ETF, traded on the Toronto Stock Exchange (TSX). This ETF aims to replicate, to the extent possible, the performance of the Solactive LGI Global Sustainability Leaders Index, net of expenses. The underlying index is designed to track the performance of global companies that demonstrate leadership in sustainability based on environmental, social, and governance (ESG) factors. The ETF invests primarily in equity securities of companies included in the index, providing investors with exposure to a diversified portfolio of businesses considered to be leaders in sustainable practices worldwide.
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Factors

Digital Asset Prices: The value of underlying digital assets such as Bitcoin and Ether directly impacts NXTG.TO's price.

Investor Sentiment: Positive or negative news around digital assets affects demand and therefore NXTG.TO's price.

Regulatory Changes: New regulations impacting digital assets may cause price fluctuations in NXTG.TO.

ETF Demand and Supply: High demand pushes the price up; high supply pushes it down.

Management Fees: The expense ratio impacts the overall return and attractiveness of the ETF.

Tracking Error: The difference between the ETF's performance and its benchmark affects its perceived value.

Market Conditions: Overall market trends (bull or bear markets) impact investor appetite for riskier assets like crypto ETFs.

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