TSX · CAD · ETF

Global X Long-Term Government Bond Premium Yield ETF (PAYL.TO) ETF Analysis

PAYL.TO

Expense ratio 0.77% Yield 9.62% Assets CA$2.39M Since November 6, 2024 Family Global X Investments Canada Inc.

Last Updated: October 20, 2026

CA$16.20

+CA$0.15 (+0.93%)

October 20, 2026 · Market close

Compare

Price History

Hover for the daily close. The dotted line marks the period open.

Compare PAYL.TO with… →

PAYL.TO Annualized Returns

With dividends reinvested · as of October 20, 2026

Period	Total return	Annualized	CA$100 becomes	CA$300 becomes
1 year	−6.44%	−6.44%	CA$93.56	CA$280.68
Since November 25, 2024	−4.27%	−2.27%	CA$95.73	CA$287.20

Returns are total returns computed from daily closes, with dividends reinvested. As of October 20, 2026.

PAYL.TO Return by Calendar Year

2024 and 2026 are partial years

+0.04%−3.15%

2024*20252026*

View as table ↓View as chart ↑

Year	Return
2026 (partial year)	−3.15%
2025	−1.20%
2024 (partial year)	+0.04%

PAYL.TO Monthly Returns

−4%+4%

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2026	+1.3	+2.3	−3.0	+0.3	−1.0	+3.5	−2.5	−1.7	−3.5	+1.4	—	—
2025	+1.0	+2.3	−0.9	−1.5	−1.5	+0.4	−2.2	+1.4	+0.7	+3.4	−1.9	−2.2
2024	—	—	—	—	—	—	—	—	—	—	—	−0.7

Monthly total returns with dividends reinvested; each cell prints its signed value.

PAYL.TO Volatility & Risk

Volatility: 1 yr

Annualized volatility: 7.78%
Best year: −1.20%
Worst year: −1.20%

Volatility is the annualized standard deviation of daily returns. As of October 20, 2026.

Top Holdings

#	Symbol	Name	Weight
1	ZFL.TO	BMO Long Federal Bond ETF	49.44%
2	TLT	iShares 20+ Year Treasury Bond ETF	16.04%
3	TLTX-F.TO	Global X 20+ Year U.S. Trs Bd Idx ETF H	13.67%
4	TSTX.U	Global X 1-3 Year U.S. Trs Bd Idx ETFUSD	13.01%
5	CBIL.TO	Global X 0-3 Month T-Bill ETF CAD	7.53%

Analysis

Data-derived

Fund Overview

Global X Long-Term Government Bond Premium Yield ETF (PAYL.TO) is an exchange-traded fund. Total net assets stand at CA$2.39M. The expense ratio is 0.77%. On a CA$10,000 position that is CA$77.00 a year. Global X Investments Canada Inc. is the fund family on file. The inception date on file is November 6, 2024.

Its biggest positions are BMO Long Federal Bond ETF (ZFL.TO), iShares 20+ Year Treasury Bond ETF (TLT), and Global X 20+ Year U.S. Trs Bd Idx ETF H (TLTX-F.TO). BMO Long Federal Bond ETF alone accounts for 49.44% of the portfolio.

Performance Analysis

PAYL.TO last closed at CA$16.20 on October 20, 2026. Over the trailing twelve months the total return is −6.44%. The stored price history starts on November 25, 2024, and the total return since then is −4.27%. The trailing distribution yield is 9.62%.

2026 is still running; the total return is −3.15% year to date. The record holds one complete calendar year, 2025, which returned −1.20%.

Price & Risk Profile

Over the past 52 weeks the price has ranged from CA$15.97 to CA$18.89. The latest close sits 1.44% above that 52-week low. Annualized volatility over the trailing 1 year is 7.78%. The volatility figure is calculated from the stored daily closes, the same series the charts on this page use.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 20, 2026.

More Global X Investments Canada Inc. ETFs

HXS.TO

Global X S&P 500 Corporate Class ETF

CA$7.11B

CASH.TO

Global X High Interest Savings ETF

CA$6.62B

HXT.TO

Global X S&P/TSX 60 Corporate Class ETF

CA$5.49B

HBB.TO

Global X Canadian Select Universe Bond Index Corporate Class ETF

CA$4.08B

CBIL.TO

Global X 0-3 Month T-Bill ETF CAD

CA$2.88B

HXCN.TO

Global X S&P/TSX Capped Composite Index Corporate Class ETF

CA$2.58B