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ZPAY

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1m

Analysis and statistics

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About

ZPAY.TO is the ticker symbol for the Horizons Global Metaverse Index ETF, which trades on the Toronto Stock Exchange (TSX). This ETF aims to replicate the performance of the Solactive Global Metaverse Index, providing investors with exposure to companies involved in the metaverse, including those in virtual reality, augmented reality, and related technologies. It offers a way to invest in the growth potential of the metaverse sector through a diversified basket of stocks.
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Factors

Yields of Underlying Bonds: Higher yields generally decrease ZPAY's price as newer, higher-yielding bonds become more attractive.

Credit Risk Perception: Increased default risk of bond issuers lowers ZPAY's price reflecting higher perceived risk.

Interest Rate Movements: Rising interest rates typically decrease ZPAY's price since bond values fall as rates rise.

ETF Supply and Demand: High demand raises the price, while increased supply (creation units) lowers it.

Management Fees: Higher fees indirectly impact price by reducing returns, potentially making it less attractive.

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