(CASH) GLOBAL X HIGH INTEREST - Ratings and Ratios
Exchange: TO • Country: Canada • Currency: CAD • Type: Etf • ISIN: CA4405671054
CASH: Money Market, Short-Term Debt, Canadian Instruments
GLOBAL X HIGH INTEREST SAVINGS ETF (Ticker: CASH), listed on the Toronto Stock Exchange, is designed to provide competitive yields by investing in high-interest savings accounts and other short-term Canadian dollar deposit instruments. This ETF falls under the Canadian Money Market category and tracks the Morningstar CAD O/N Cash GR CAD Index, which reflects the overnight cash rate in Canada. The fund is structured to offer low risk, high liquidity, and preservation of capital, making it suitable for investors seeking stable cash management solutions.
From a technical standpoint, CASH exhibits low volatility with an ATR of 0.01, indicating minimal price fluctuations. The ETFs price is currently at 50.07 CAD, with moving averages showing stability: SMA20 at 50.03, SMA50 at 49.95, and SMA200 at 49.48. The average volume over 20 days is 343,750 shares. Fundamentally, the ETF manages significant assets of 6,632.24M CAD, underscoring its popularity as a cash management tool. Over the next three months, based on the stable SMA trend and low ATR, CASH is expected to maintain its price around the current level of 50.07 CAD, with minimal deviation expected.
Additional Sources for CASH ETF
CASH ETF Overview
| Market Cap in USD | 4,787m |
| Category | Canadian Money Market |
| IPO / Inception | 2021-11-01 |
CASH ETF Ratings
| Growth Rating | 46.2 |
| Fundamental | - |
| Dividend Rating | 60.2 |
| Rel. Strength | -9.04 |
| Analysts | - |
| Fair Price Momentum | 52.00 CAD |
| Fair Price DCF | - |
CASH Dividends
| Dividend Yield 12m | 3.69% |
| Yield on Cost 5y | 4.17% |
| Annual Growth 5y | 154.63% |
| Payout Consistency | 76.4% |
| Payout Ratio | % |
CASH Growth Ratios
| Growth Correlation 3m | 99.9% |
| Growth Correlation 12m | 100% |
| Growth Correlation 5y | 100% |
| CAGR 5y | 3.67% |
| CAGR/Max DD 5y | 0.00 |
| Sharpe Ratio 12m | -5.43 |
| Alpha | -0.71 |
| Beta | 0.002 |
| Volatility | 0.35% |
| Current Volume | 612.5k |
| Average Volume 20d | 314.1k |
As of May 30, 2025, the stock is trading at CAD 50.08 with a total of 612,518 shares traded.
Over the past week, the price has changed by +0.02%, over one month by +0.19%, over three months by +0.62% and over the past year by +3.51%.
Partly, yes. Based on ValueRay´s Analyses, GLOBAL X HIGH INTEREST (TO:CASH) is currently (May 2025) ok to buy, but has to be watched. It has a Growth Technical Rating of 46.24 and therefor an somewhat technical positive rating according to historical growth.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of CASH is around 52.00 CAD . This means that CASH is currently overvalued and has a potential downside of 3.83%.
GLOBAL X HIGH INTEREST has no consensus analysts rating.
According to our own proprietary Forecast Model, CASH GLOBAL X HIGH INTEREST will be worth about 56.2 in May 2026. The stock is currently trading at 50.08. This means that the stock has a potential upside of +12.12%.
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 56.2 | 12.1% |