Global X High Interest Savings ETF Investment Details and Metrics

The Global X High Interest Savings ETF is a unique investment option that allows you to earn interest on your savings.

This ETF invests in a diversified portfolio of high-yield savings accounts and other cash equivalents, providing a relatively stable source of income.

With an expense ratio of 0.25%, the fund is relatively low-cost compared to other investment options.

The ETF's net assets under management have been steadily increasing over time.

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The Global X High Interest Savings ETF is designed to track the performance of a diversified portfolio of high-yield savings accounts and certificates of deposit (CDs), allowing you to earn interest on your savings.

This ETF invests in a basket of high-yield savings accounts and CDs, which are insured by the FDIC or NCUA, providing a safe and secure investment option.

With a net expense ratio of 0.25%, the Global X High Interest Savings ETF is a low-cost option for investors seeking to earn interest on their savings.

The ETF holds a diversified portfolio of over 100 high-yield savings accounts and CDs, minimizing risk through diversification.

Investors can use the Global X High Interest Savings ETF as a cash substitute or as a place to park excess funds, earning interest on their savings without having to actively manage individual accounts.

The ETF's holdings are reviewed and rebalanced quarterly to ensure the portfolio remains diversified and aligned with the target benchmark.

The Global X High Interest Savings ETF has an annualized performance of 4.47% since its inception on November 1, 2021, as of December 31, 2024. This is a relatively stable return, considering the low-risk nature of the fund.

The ETF has consistently delivered positive returns over the past few years, with a 2.32% calendar year performance in 2022 and a 5.14% calendar year performance in 2023. In comparison, the Canadian equity market has seen varying performances, with some funds outperforming others.

Here are the calendar year performances of the Global X High Interest Savings ETF:

The annualized performance of an investment is a key metric to understand its growth over time. It's calculated by taking the total return of the investment over a specific period and expressing it as a yearly rate.

Let's take a look at the Global X High Interest Savings ETF, which has an annualized performance of 4.47% for the 1-year period. This means that if you invested $100 in this ETF one year ago, you would have approximately $104.47 today.

The ETF also has a 3-year annualized performance of 3.97%, indicating a steady growth over the long term. However, it's worth noting that the 5-year and 10-year annualized performance metrics are not available for this ETF.

Here's a breakdown of the Global X High Interest Savings ETF's annualized performance over different time periods:

Yearly Performance (%) is a crucial metric for evaluating an investment's performance over time. It helps you understand how well an investment has done in the past, which can inform your investment decisions.

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The Global X High Interest Savings ETF has shown steady growth, with a 2.32% return in 2022 and a 5.14% return in 2023.

In the table below, you can see the yearly performance of various Canadian savings ETFs. Please note that this data is subject to change and might not reflect the current market conditions.

The Global X High Interest Savings ETF has shown impressive growth, with a 5.14% return in 2023 and a 4.47% return in 2024.

The Yield and Distribution of the Global X High Interest Savings ETF is an important consideration for investors. The annualized distribution yield is a key metric that helps investors understand the potential income generated by the ETF.

The most recent regular distribution annualized for frequency is a significant factor in determining the yield. As of [Month, Date, Year], the annualized distribution yield is calculated by dividing the most recent regular distribution by the Net Asset Value (NAV).

The NAV is the total value of the ETF's assets divided by the number of outstanding shares. This value is crucial in determining the yield, as it reflects the actual value of the investments held by the ETF.

To give you a better idea, the annualized distribution yield as of [Month, Date, Year] is a specific percentage, which is calculated based on the most recent regular distribution and the NAV. This percentage is a reflection of the potential income generated by the ETF.

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Cash management is a crucial aspect of investing in a Global X High Interest Savings ETF. This type of investment is designed to provide a safe and liquid place to park your money, earning a higher interest rate than a traditional savings account.

The average interest rate earned by this ETF is around 1.5% APY, significantly higher than the national average of 0.09% APY for traditional savings accounts. This difference can add up over time, making it a smart choice for those looking to grow their savings.

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With a Global X High Interest Savings ETF, you can earn interest on your savings without taking on excessive risk. By investing in a diversified portfolio of high-yield savings accounts, you can earn a higher return on your money.

In a typical year, investors can expect to earn around $100 to $200 in interest on a $10,000 investment, depending on the interest rate and market conditions.

Liquidity and Lock-Up is a crucial aspect to consider when investing in a high-interest savings vehicle. Daily Liquidity with No Lock-Up Periods is a key advantage of the global x high interest savings ETF, allowing you to purchase or sell CASH anytime throughout the trading day.

This flexibility is a significant benefit compared to other high-interest savings vehicles, which often have minimum holding periods or investment amounts. In contrast, the global x high interest savings ETF offers the freedom to manage your money as needed, without any lock-up periods.