(HGRO) Global X Growth TRI - Ratings and Ratios

The Global X Growth TRI ETF Portfolio (HGRO) is a Canadian ETF that tracks the Morningstar Global Markets GR CAD index, providing exposure to global equity markets with a focus on growth-oriented stocks. As a Global Equity ETF, HGRO offers diversified investment opportunities across various geographic regions and sectors.

With Assets Under Management (AUM) of CAD 214.52 million, HGRO has established a stable presence in the market. To further evaluate its performance, key metrics such as tracking error, expense ratio, and dividend yield can be considered. A lower tracking error would indicate HGROs ability to closely follow its benchmark index, while a competitive expense ratio would highlight its cost-effectiveness. Additionally, the dividend yield would provide insight into the income generated by the ETF.

From a technical analysis perspective, HGROs recent price action can be assessed by examining its moving averages and volatility. With the ETF currently trading at CAD 19.13, it is above its 20-day, 50-day, and 200-day Simple Moving Averages (SMA), indicating a positive short-term and long-term trend. The Average True Range (ATR) of 0.11 represents a relatively low volatility, suggesting a stable price movement.

To gain a deeper understanding of HGROs investment profile, its sector allocation, and geographic distribution can be analyzed. This would reveal the ETFs exposure to various industries and regions, allowing investors to assess its diversification and potential for growth. Furthermore, evaluating HGROs historical performance during different market cycles can provide valuable insights into its resilience and ability to adapt to changing market conditions.