(CASH) GLOBAL X HIGH INTEREST - Ratings and Ratios
Exchange: TO • Country: Canada • Currency: CAD • Type: Etf • ISIN: CA4405671054 • Canadian Money Market
CASH: High-Yield, Savings, Interest-Bearing, Debt, Securities, Canadian
The GLOBAL X HIGH INTEREST SAVINGS ETF, trading under the ticker CASH on the Toronto Stock Exchange (TO), is a Canadian Money Market ETF managed by Horizons ETFs. With an AUM of 5913.32M CAD, it represents a substantial fund, indicating stability and liquidity.
This ETF tracks the Morningstar CAD O/N Cash GR CAD Index, focusing on Canadian overnight cash rates. It offers exposure to high-interest savings accounts, appealing to investors seeking low-risk, short-term investment solutions within the Canadian market.
As part of Horizons ETFs, known for innovative strategies, CASH provides a straightforward way to gain exposure to Canadian cash equivalents. This makes it a valuable option for those looking to park funds or add stability to their portfolios.
Additional Sources for CASH ETF
CASH ETF Overview
| Market Cap in USD | 4,399m |
| Category | Canadian Money Market |
| IPO / Inception | 2021-11-01 |
CASH ETF Ratings
| Growth 5y | 45.2% |
| Fundamental | - |
| Dividend | 61.6% |
| Rel. Strength | -4.58 |
| Analysts | - |
| Fair Price Momentum | 52.14 CAD |
| Fair Price DCF | - |
CASH Dividends
| Dividend Yield 12m | 3.88% |
| Yield on Cost 5y | 4.37% |
| Annual Growth 5y | 154.63% |
| Payout Consistency | 76.4% |
CASH Growth Ratios
| Growth Correlation 3m | 99.9% |
| Growth Correlation 12m | 100% |
| Growth Correlation 5y | 100% |
| CAGR 5y | 3.73% |
| CAGR/Max DD 5y | 0.00 |
| Sharpe Ratio 12m | -5.32 |
| Alpha | -0.36 |
| Beta | 0.003 |
| Volatility | 0.35% |
| Current Volume | 212.7k |
| Average Volume 20d | 324.2k |
As of April 04, 2025, the stock is trading at CAD 50.00 with a total of 212,661 shares traded.
Over the past week, the price has changed by +0.05%, over one month by +0.23%, over three months by +0.69% and over the past year by +3.90%.
Partly, yes. Based on ValueRay Analyses, GLOBAL X HIGH INTEREST (TO:CASH) is currently (April 2025) ok to buy, but has to be watched. It has a Growth Technical Rating of 45.16 and therefor an somewhat technical positive rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of CASH as of April 2025 is 52.14. This means that CASH is currently overvalued and has a potential downside of 4.28%.
GLOBAL X HIGH INTEREST has no consensus analysts rating.
According to ValueRays Forecast Model, CASH GLOBAL X HIGH INTEREST will be worth about 56.3 in April 2026. The stock is currently trading at 50.00. This means that the stock has a potential upside of +12.62%.
| Issuer | Forecast | Upside |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 56.3 | 12.6% |