CARB vs. HRAA ETF Comparison
Comparison of Horizons Carbon Credits ETF (CARB) to Horizons Resolve Adptv Asset Alloc ETF (HRAA)
CARB
Horizons Carbon Credits ETF
CARB Description
The Horizons Carbon Credits ETF seeks to replicate, to the extent possible and net of expenses, the performance of an index that seeks to provide exposure to investments in cap-and-trade carbon allowances. Currently, the ETF seeks to replicate the performance of the Horizons Carbon Credits Rolling Futures Index (Excess Return), net of expenses. The ETF seeks to hedge any non-Canadian dollar portfolio exposure back to the Canadian dollar at all times. As a result, the returns of the ETF are expected to differ from those of its Underlying Index, which does not include currency hedging.
Grade (RS Rating)
Last Trade
$7.67
Average Daily Volume
1,503
1
HRAA
Horizons Resolve Adptv Asset Alloc ETF
HRAA Description
The investment objective of the ETF is to seek long-term capital appreciation by investing, directly or indirectly, in major global asset classes including but not limited to equity indexes, fixed income indexes, interest rates, commodities and currencies.Grade (RS Rating)
Last Trade
$11.82
Average Daily Volume
7,042
1
Performance
| Period | CARB | HRAA |
|---|---|---|
| 30 Days | 10.04% | -0.25% |
| 60 Days | 22.72% | 3.41% |
| 90 Days | 32.24% | 2.87% |
| 12 Months | -11.02% | 7.75% |
1 Overlapping Holdings
| Symbol | Grade | Weight in CARB | Weight in HRAA | Overlap | |
|---|---|---|---|---|---|
| CBIL | D | 66.77% | 46.24% | 46.24% |
CARB Overweight 0 Positions Relative to HRAA
| Symbol | Grade | Weight |
|---|
CARB Underweight 0 Positions Relative to HRAA
| Symbol | Grade | Weight |
|---|
CARB: Top Represented Industries & Keywords
HRAA: Top Represented Industries & Keywords
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