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XIN

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

Analysis and statistics

  • Open
    40.1234$
  • Previous Close
    39.9215$
  • 52 Week Change
    --
  • Day Range
    0.20$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

XIN.TO is the ticker symbol for the Horizons China High Dividend Yield Index ETF. This Exchange Traded Fund is listed on the Toronto Stock Exchange (TSX) and aims to replicate, to the extent possible, the performance of the Solactive China High Dividend Yield Index, net of expenses. The index is designed to provide exposure to high dividend-paying companies in mainland China (A-shares) by selecting those that exhibit the highest dividend yields from the Solactive China A Universe. It is a popular option for investors seeking dividend income and exposure to the Chinese equity market through a Canadian-listed ETF.
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Factors

FactorName: Index Performance

The primary driver is the performance of the S&P/TSX Capped Information Technology Index that XIN.TO tracks. When the index constituents' prices rise, XIN.TO's price generally increases, and vice-versa. FactorName: Supply and Demand

Basic economic principles apply. High demand for XIN.TO shares, coupled with limited supply, can push the price upwards. Conversely, increased selling pressure can lower the price. FactorName: Market Sentiment

Overall investor confidence or fear regarding the technology sector or the broader Canadian market influences XIN.TO. Positive sentiment leads to increased buying, driving prices up. FactorName: Currency Fluctuations

While XIN.TO is CAD-denominated, some underlying holdings might generate revenue in other currencies. Exchange rate fluctuations can indirectly affect the value of these holdings and, consequently, the ETF's price. FactorName: Expense Ratio & Trading Costs

The expense ratio, although a small percentage, can slightly affect the long-term returns, and thus, perceived value. Trading costs, such as brokerage commissions, can impact the overall cost of owning XIN.TO.

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