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

Fund Overview

Global X Short-Term Government Bond Premium Yield ETF (PAYS.TO) is an exchange-traded fund. Total net assets stand at CA$107.06M. 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 64.91% of the portfolio.

Performance Analysis

The most recent close on file for PAYS.TO is CA$18.42, dated September 4, 2026. Over the trailing twelve months the price has returned +0.97%. The stored price history starts on May 31, 2024, and the total return since then is +4.54%. The trailing distribution yield is 5.47%.

2026 is still running; the price is −0.03% 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 2.18%. Over the past 52 weeks the price has ranged from CA$18.39 to CA$19.24. The latest close sits 0.14% above that 52-week low. The volatility figure is calculated from the stored daily closes, the same series the charts on this page use.