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PXS

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1d
1w
1m

Analysis and statistics

  • Open
    52.8187$
  • Previous Close
    52.8187$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

PXS.TO represents the Horizons US 7-10 Year Treasury Bond ETF, a Canadian-listed exchange-traded fund (ETF) that seeks to replicate, to the extent possible, the performance of a U.S. treasury bond index that measures the investment return of U.S. dollar denominated, fixed rate U.S. treasury securities with remaining maturities of between 7 and 10 years. It offers Canadian investors exposure to a segment of the U.S. treasury bond market, often used for diversification or as a hedge against equity market volatility.
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Factors

Issuer's Hedging Strategy: How the ETF provider hedges currency risk can impact returns.

Underlying Asset Performance: The price of the US equities the ETF tracks is a major driver.

Currency Fluctuations: Changes in the CAD/USD exchange rate directly influence PXS.TO's price.

Supply and Demand: Increased buying pressure raises the price; selling pressure lowers it.

Economic Conditions: Overall economic health in the US and Canada affects investor sentiment.

Interest Rates: Changes in interest rates can influence investment flows and ETF valuations.

Market Sentiment: General investor mood towards US equities and currency-hedged products plays a role.

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