(HEJ) Global X Enhanced Income - Ratings and Ratios

The Global X Enhanced Income International Equity Common Class (HEJ) is a Canadian ETF that tracks the Morningstar US Market TR CAD Index. As a US Equity ETF, it provides exposure to the US equity market.

From a technical analysis perspective, the ETF is showing a bullish trend, with its short-term and long-term moving averages indicating a positive momentum. The stock is currently trading above its 20-day, 50-day, and 200-day simple moving averages (SMA20, SMA50, SMA200), suggesting a strong uptrend. The Average True Range (ATR) is relatively low at 0.10, indicating low volatility.

To further evaluate the ETFs performance, we can consider key performance indicators (KPIs) such as the expense ratio, dividend yield, and tracking error. A lower expense ratio is desirable as it reduces the cost burden on investors. The dividend yield can provide insight into the ETFs income-generating potential. A lower tracking error indicates that the ETF is closely tracking its underlying index.

With an Assets Under Management (AUM) of 361.64M CAD, the ETF has a moderate size, suggesting a reasonable level of liquidity. To assess its investment potential, we can analyze its returns over various time horizons, such as 1-month, 3-month, 6-month, and 1-year returns, and compare them to its benchmark index. Additionally, evaluating the ETFs sector allocation and stock holdings can provide insight into its diversification and potential risks.