HDGE vs. FXM ETF Comparison
Comparison of Accelerate Absolute Return Hdg Fund ETF (HDGE) to First Asset Morningstar Canada Value Index ETF (FXM)
HDGE
Accelerate Absolute Return Hdg Fund ETF
HDGE Description
Accelerate Absolute Return Hedge Fund seeks to achieve longterm capital appreciation and a superior risk-adjusted returnrelative to the broader Canadian equity market. HDGE seeks tooutperform the Canadian equity market over the long term withlower volatility by investing primarily in listed equity securitiesthat are expected to outperform this market, while selling shortcertain listed equity securities that are expected to underperformthis market. The aggregate market value of the securities soldshort will not exceed the limits permitted under applicablesecurities legislation.
Grade (RS Rating)
Last Trade
$27.08
Average Daily Volume
1,620
1
FXM
First Asset Morningstar Canada Value Index ETF
FXM Description
The ETF has been designed to replicate, to the extent possible, the performance of the Morningstar® Canada Target Value Index™ , net of expenses. The ETF invests in equity securities of the largest and most liquid Canadian issuers based on proprietary research generated by Morningstar, and is designed to provide diversified exposure to Canadian issuers which are considered to be “good value” based on characteristics like low price to earnings and low price to cash flow ratios.Grade (RS Rating)
Last Trade
$25.01
Average Daily Volume
2,001
10
Performance
| Period | HDGE | FXM |
|---|---|---|
| 30 Days | 2.14% | 4.21% |
| 60 Days | 1.76% | 8.13% |
| 90 Days | 4.38% | 10.76% |
| 12 Months | 15.09% | 29.01% |
0 Overlapping Holdings
| Symbol | Grade | Weight in HDGE | Weight in FXM | Overlap |
|---|
HDGE Overweight 1 Positions Relative to FXM
| Symbol | Grade | Weight | |
|---|---|---|---|
| LUG | B | 4.12% |
FXM: Top Represented Industries & Keywords
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