HAL vs. XAD ETF Comparison

Comparison of Horizons Active Cdn Dividend ETF (HAL) to Ishares US Aerospace & Defense Index ETF (XAD)
HAL

Horizons Active Cdn Dividend ETF

HAL Description

The investment seeks long-term total returns consisting of regular dividend income and modest long-term capital growth. The fund invests primarily in equity securities of major North American companies with above average dividend yields. It will seek to hedge its U.S. currency exposure at all times.

Grade (RS Rating)

Last Trade

$22.00

Average Daily Volume

2,498

Number of Holdings *

8

* may have additional holdings in another (foreign) market
XAD

Ishares US Aerospace & Defense Index ETF

XAD Description iShares U.S. Aerospace & Defense Index ETF is an exchange traded fund launched and managed by BlackRock Asset Management Canada Limited. It is co-managed by BlackRock Institutional Trust Company, N.A. It invests in public equity markets of the United States. The fund invests directly and through other funds in stocks of companies operating across industrials, capital goods, aerospace and defense sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. The fund seeks to track the performance of the Dow Jones U.S. Select Aerospace & Defense Index, by using full replication technique. iShares U.S. Aerospace & Defense Index ETF was formed on September 6, 2023 and is domiciled in Canada.

Grade (RS Rating)

Last Trade

$65.43

Average Daily Volume

799

Number of Holdings *

4

* may have additional holdings in another (foreign) market
Performance
Period HAL XAD
30 Days 2.14% -1.22%
60 Days 4.71% 3.14%
90 Days 10.22% 6.20%
12 Months 22.34% 30.44%
0 Overlapping Holdings
Symbol Grade Weight in HAL Weight in XAD Overlap
HAL Overweight 8 Positions Relative to XAD
Symbol Grade Weight
ALS A 4.25%
WSP A 3.97%
IFC A 3.87%
CNQ C 3.77%
ARE A 3.52%
EIF B 3.34%
PPL B 3.24%
POW A 3.15%
HAL Underweight 4 Positions Relative to XAD
Symbol Grade Weight
CCO B -9.87%
WPM B -4.57%
FM B -4.49%
LUN C -4.03%
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