Skip To Main Content
Global X Crude Oil ETF

HUC

Reasons to Consider HUC

Efficient Exposure to Crude Oil

HUC’s unique methodology is designed to provide the best possible exposure to crude oil, by providing exposure to the Index in the winter months (December) contract of each year, which is often the most liquid, to eliminate the negative roll yield from monthly futures contracts.

Risk Management

Investing in crude oil-focused companies exposes investors to external factors such as corporate/labour instability, unpredictable governments in oil-producing countries and interest rates, among other factors. By gaining exposure to the Solactive Light Sweet Crude Oil Winter MD Rolling Futures Index ER, HUC offers exposure to the price of crude oil without the accompanying equity risk.

Hedging Currency Risk

HUC is denominated in Canadian dollars, and any gains or losses resulting from its investment in U.S. dollar-denominated assets are hedged back to the Canadian dollar, reducing currency risk for Canadian investors while providing exposure to crude oil futures.

Investment Objective

HUC seeks investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to the performance of the Solactive Light Sweet Crude Oil Winter MD Rolling Futures Index ER. HUC is denominated in Canadian dollars. Any U.S. dollar gains or losses as a result of the ETF’s investment will be hedged back to the Canadian dollar to the best of the ETF’s ability.

NAV

$22.44

$0.2333

1.05%

Volume

1,620

Price

$22.26

$-0.09

-0.40%

Last Close

$22.35

Prices delayed by 15 minutes.

Last Trade: May 21, 2024
Alternatives
Commodities
Energy
Commodities
Corporate Class

Risk Rating:

High

Product Details

Fund Details

Ticker

HUC

CUSIP

37963Y102

Inception Date

June 24, 2009

Net Assets

$23,779,902

Consolidated Prior Day Volume

5,670

Average Daily Trading Volume Over a 12 Month Period

12,182

Exchange

Toronto Stock Exchange

Investment Manager

Global X Investments Canada Inc.

Eligibility

All Registered and Non-Registered Investment Accounts

Bloomberg Index Ticker

SOLCCLZ1

Management Fee

0.75% (Plus applicable sales tax)

Management Expense Ratio

0.98% As at December 31, 2023

Trading Expense Ratio

0.40% As at December 31, 2023

Currency

CAD

Currency Hedging

Seeks to hedge the U.S. dollar value of its portfolio to the Canadian dollar at all times

LEI

5493002LS9WP283EI911

Price and NAV

As at May 17, 2024

NAV / Unit

$22.44

Closing Price

$22.43

Premium Discount

$-0.01

Premium Discount Percentage

-0.05%

Outstanding Shares

1,059,690

The NAV chart above only shows the historical daily net asset value per unit (NAV) of the ETF, and identifies the various distributions made by the ETF, if any. The distributions are not treated as reinvested, and it does not take into account sales, redemption, distribution or optional charges or income taxes payable by any security holder. The NAV values do contemplate management fees and other fund expenses. The chart is not a performance chart and is not indicative of future NAV values which will vary.

The Growth of 10K chart above is based on the historical daily net asset value per unit (NAV) of the ETF, and represents the value of an initial investment into the ETF of $10,000 since its inception, on a total return basis. Distributions, if any, are treated as reinvested, and it does not take into account sales, redemption, distribution or optional charges or income taxes payable by any security holder. The NAV values do contemplate management fees and other fund expenses where paid by the fund. The chart is not a performance chart and is not indicative of future value which will vary.

Annualized Performance (%)

dates

1 mo 3 mo 6 mo YTD 1 yr 3 yr 5 yr 10 yr SIR*
Global X Crude Oil ETF 0.45 7.80 4.61 12.11 13.34 19.55 9.73 0.21 0.86
Solactive Light Sweet Crude Oil Winter MD Rolling Futures Index (Excess Return) 0.14 6.94 2.99 10.88 10.07 19.01 10.21 1.24 2.22

*Fund performance since inception on June 24, 2009, as at April 30, 2024

Calendar Year Performance (%)

dates

2016 2017 2018 2019 2020 2021 2022 2023
Global X Crude Oil ETF 23.28 -3.63 -12.26 20.41 -20.79 57.00 26.52 -2.38
Solactive Light Sweet Crude Oil Winter MD Rolling Futures Index (Excess Return) 26.75 -2.42 -11.84 20.64 -18.59 60.41 27.48 -4.85
Commissions, management fees, and expenses all may be associated with an investment in products (the "Global X Funds") managed by Global X Investments Canada Inc. The Global X Funds are not guaranteed, their values change frequently and past performance may not be repeated. Certain Global X Funds may have exposure to leveraged investment techniques that magnify gains and losses which may result in greater volatility in value and could be subject to aggressive investment risk and price volatility risk. Such risks are described in the prospectus. The Global X Money Market Funds are not covered by the Canada Deposit Insurance Corporation, the Federal Deposit Insurance Corporation, or any other government deposit insurer. There can be no assurances that the money market fund will be able to maintain its net asset value per security at a constant amount or that the full amount of your investment in the Funds will be returned to you. Past performance may not be repeated. The prospectus contains important detailed information about the Global X Funds. Please read the relevant prospectus before investing.

Global X Investments Canada Inc. ("Global X") is a wholly owned subsidiary of Mirae Asset Global Investments Co., Ltd. ("Mirae Asset"), the Korea-based asset management entity of Mirae Asset Financial Group. Global X is a corporation existing under the laws of Canada and is the manager, investment manager and trustee of the Global X Funds.

© 2024 Global X Investments Canada Inc. All Rights Reserved.