TSE:HBNK
Horizons Equal Weight Banks Index ETF Trust Units A
CA$45.54
Horizons Equal Weight Banks Index ETF Trust Units A (TSE:HBNK) Price & Chart
TSE:HBNK ETF Chart & Stats
CA$45.54
At close: 4:00 PM EST- Day’s Range
- CAD 45.44 - CAD 45.65
- 52-Week Range
- CAD 31.91 - CAD 46.74
- Previous Close
- CAD 45.74
- Volume
- 25.90K
- Average Volume (3M)
- 31.10K
- AUM
- 741.75M
- NAV
- 45.70
- Expense Ratio
- 0.00%
- Holdings Count
- 7
- Beta
- 0.72
- Inception Date
- Jul 05, 2023
- Last Dividend Ex-Date
- N/A
- Dividend Yield
- N/A
- Shares Outstanding
- 16,381,462
- Standard Deviation
- N/A
ETF Overview
Horizons Equal Weight Banks Index ETF Trust Units A
The Horizons Equal Weight Banks Index ETF Trust Units A (TSE:HBNK) is a compelling investment vehicle tailored for those seeking exposure to the financial sector, with a specific focus on the banking industry. This ETF stands out by offering an equal-weighted approach, ensuring that each constituent bank within its portfolio is given an equal allocation. This strategy mitigates the risk of over-concentration in any single entity, providing a balanced exposure to the banking sector's dynamics. As a sector-focused ETF, HBNK zeroes in on financials, a critical pillar of the global economy. It targets the banks niche, which includes a selection of the most prominent and influential banking institutions. By investing in this ETF, investors gain access to a diversified array of bank stocks, each selected for its significant role in financial markets. HBNK is designed for investors who are looking to capitalize on the growth potential and stability of the banking sector, a key driver of economic activity and innovation. The fund's equal weight methodology provides a unique advantage, promoting diversification and reducing the impact of volatility from any single bank's performance. With its focused investment strategy, HBNK offers a robust platform for those aiming to enhance their portfolio with financial sector exposure, particularly within the banking landscape.
- Asset Class
- Equity
- Region
- North America
- Issuer
- Global X
- Index Tracked
- Solactive Equal Weight Canada Banks Index - CAD
- Ticker Symbol
- TSE:HBNK
TSE:HBNK ETF News
TSE:HBNK ETF FAQ
What was TSE:HBNK’s price range in the past 12 months?
TSE:HBNK’s lowest price in the past 12 months was CAD 31.91 and its highest was CAD 46.74.
What is the AUM of TSE:HBNK?
As of Nov 11, 2026, the AUM of TSE:HBNK is C$741.75M.
Is TSE:HBNK overvalued?
Based on Wall Street analyst price targets for TSE:HBNK’s holdings, TSE:HBNK’s price is currently undervalued.
How many shares outstanding does TSE:HBNK have?
TSE:HBNK has 16,381,462 shares outstanding.
