HDGE vs. QHY ETF Comparison
Comparison of Accelerate Absolute Return Hdg Fund ETF (HDGE) to Mackenzie US High Yld Bnd Idx CAD Hgd (QHY)
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
$25.96
Average Daily Volume
1,637
3
QHY
Mackenzie US High Yld Bnd Idx CAD Hgd
QHY Description
Mackenzie US High Yield Bond Index ETF (CAD-Hedged) seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the Solactive USD High Yield Corporates Total Market Hedged to CAD Index, or any successor thereto. It invests primarily in high yield rated corporate bonds issued in U.S. dollars, either directly or indirectly, with its foreign currency hedged back to the Canadian dollar.Grade (RS Rating)
Last Trade
$84.29
Average Daily Volume
836
1
Performance
Period | HDGE | QHY |
---|---|---|
30 Days | -1.99% | 0.44% |
60 Days | -0.69% | -1.16% |
90 Days | 6.45% | -0.91% |
12 Months | 19.35% | 2.13% |
0 Overlapping Holdings
Symbol | Grade | Weight in HDGE | Weight in QHY | Overlap |
---|
HDGE Underweight 1 Positions Relative to QHY
Symbol | Grade | Weight | |
---|---|---|---|
BHC | F | -0.98% |
HDGE: Top Represented Industries & Keywords
QHY: Top Represented Industries & Keywords