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XFR

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

Analysis and statistics

  • Open
    20.0739$
  • Previous Close
    20.1143$
  • 52 Week Change
    --
  • Day Range
    -0.04$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

XFR.TO is the iShares Floating Rate Index ETF. It's a Canadian-listed exchange-traded fund that seeks to replicate the performance of the FTSE Canada Floating Rate Note Index. This index comprises Canadian-dollar denominated floating rate notes issued primarily by Canadian corporations and governments.
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Factors

Under 1200 characters. Underlying Index Performance: XFR.TO tracks the Solactive Canada Financial Services Equal Weight Index. Performance of Canadian financial stocks significantly impacts its price.

Interest Rates: Changes in interest rates affect financial institutions' profitability, influencing XFR.TO's value.

Economic Conditions: The health of the Canadian economy influences the financial sector and therefore, XFR.TO's price.

Market Sentiment: Overall investor sentiment towards Canadian financial stocks impacts demand and pricing.

ETF Supply & Demand: Increased demand drives up the price, while increased supply pushes it down.

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