TSX · CAD · ETF

Global X Short-Term Government Bond Premium Yield ETF (PAYS.TO) ETF Analysis

PAYS.TO

Expense ratio 0.53% Yield 5.46% Assets CA$98.01M Since May 21, 2024 Family Global X Investments Canada Inc.

Last Updated: October 21, 2026

CA$18.25

+CA$0.02 (+0.11%)

October 21, 2026 · Market close

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Price History

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

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PAYS.TO Annualized Returns

With dividends reinvested · as of October 21, 2026

Period	Total return	Annualized	CA$100 becomes	CA$300 becomes
1 year	+0.15%	+0.15%	CA$100.15	CA$300.45
Since May 31, 2024	+4.51%	+1.86%	CA$104.51	CA$313.54

Returns are total returns computed from daily closes, with dividends reinvested. As of October 21, 2026.

PAYS.TO Return by Calendar Year

2024 and 2026 are partial years

+3.16%−0.06%

2024*20252026*

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Year	Return
2026 (partial year)	−0.06%
2025	+3.16%
2024 (partial year)	+1.37%

PAYS.TO Monthly Returns

−1%+1%

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2026	−0.3	+0.6	−0.3	+0.1	+0.6	−0.1	+0.1	−0.4	−1.0	+0.6	—	—
2025	+0.4	+0.6	+0.2	+0.1	−0.4	+0.7	+0.1	+0.2	+0.5	+0.3	+0.4	−0.1
2024	—	—	—	—	—	+0.8	+0.3	+0.5	+0.3	−0.5	+0.6	−0.6

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

PAYS.TO Volatility & Risk

Volatility: 2 yrs

Annualized volatility: 2.15%
Best year: +3.16%
Worst year: +3.16%

Volatility is the annualized standard deviation of daily returns. As of October 21, 2026.

Top Holdings

#	Symbol	Name	Weight
1	CBIL.TO	Global X 0-3 Month T-Bill ETF CAD	68.65%
2	ZFS.TO	BMO Short Federal Bond ETF	14.34%
3	TLT	iShares 20+ Year Treasury Bond ETF	8.43%
4	TSTX.U	Global X 1-3 Year U.S. Trs Bd Idx ETFUSD	6.43%
5	TLTX-F.TO	Global X 20+ Year U.S. Trs Bd Idx ETF H	1.89%

Analysis

Data-derived

Fund Overview

Global X Short-Term Government Bond Premium Yield ETF (PAYS.TO) is an exchange-traded fund. Total net assets stand at CA$98.01M. The expense ratio is 0.53%. On a CA$10,000 position that is CA$53.00 a year. The fund is issued by Global X Investments Canada Inc. It has been trading since May 21, 2024.

Its biggest positions are Global X 0-3 Month T-Bill ETF CAD (CBIL.TO), BMO Short Federal Bond ETF (ZFS.TO), and iShares 20+ Year Treasury Bond ETF (TLT). Global X 0-3 Month T-Bill ETF CAD alone accounts for 68.65% of the portfolio.

Performance Analysis

The most recent close on file for PAYS.TO is CA$18.25, dated October 21, 2026. Over the trailing twelve months the total return is +0.15%. The stored price history starts on May 31, 2024, and the total return since then is +4.51%. The trailing distribution yield is 5.46%.

2026 is still running; the total return is −0.06% year to date. The record holds one complete calendar year, 2025, which returned +3.16%.

Price & Risk Profile

Annualized volatility over the trailing 2 years is 2.15%. Over the past 52 weeks the price has ranged from CA$18.11 to CA$19.22. The latest close sits 0.77% above that 52-week low. 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 21, 2026.

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