# Canary HBAR ETF (HBR): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/hbr for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Canary · Asset class: Alternatives - Strategy: — · Inception: 2025-10-27 HBR provides exposure to the daily price movements, net of expenses, of HBAR, the native digital asset of the Hedera Network, in an ETF structure. The Hedera Network is a public distributed ledger built on the hashgraph distributed consensus algorithm, a mechanism that provides an alternative to blockchain processing. The portfolio is priced based on CoinDesk Hedera USD CCIX 60min NY Rate, calculated through the 60-minute time-weighted average price of the HBAR-USD CCIXber Reference Rate. This rate is an aggregation of executed trade flow of major HBAR trading platforms, which may include C... ## Key Facts | Metric | Value | |---|---| | Price | $10.06 | | Expense Ratio | 0.95% | | Assets Under Management | $60.9M | | NAV | $10.33 | | Holdings Count | 0 | | Distribution Yield (TTM) | — | | Annual Distribution (TTM) | — /share | | Distribution Frequency | — | | 52-Week Range | $8.85 – $27.42 | | Beta | 1.39 | ## Frequently Asked Questions ### What does HBR invest in? HBR provides exposure to the daily price movements, net of expenses, of HBAR, the native digital asset of the Hedera Network, in an ETF structure. The Hedera Network is a public distributed ledger built on the hashgraph distributed consensus algorithm, a mechanism that provides an alternative to blockchain processing. The portfolio is priced based on CoinDesk Hedera USD CCIX 60min NY Rate, calculated through the 60-minute time-weighted average price of the HBAR-USD CCIXber Reference Rate. This rate is an aggregation of executed trade flow of major HBAR trading platforms, which may include Coinbase, Crypto.com, and Bitstamp. The custodians primarily hold HBAR in cold storage (offline). BitGo Trust Company, Inc. and Coinbase Custody Trust Company, LLC serve as the custodians. The fund will not utilize leverage, derivatives, or any similar arrangements in seeking to meet its investment objective. ### What is the expense ratio of HBR? Canary HBAR ETF (HBR) charges an expense ratio of 0.95%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is HBR? Canary HBAR ETF (HBR) manages $60.9M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is HBR actively managed or an index fund? HBR's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy. ### When was HBR launched? Canary HBAR ETF (HBR) launched in October 2025 and is managed by Canary. ### How has HBR performed? HBR's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does HBR pay a dividend? Canary HBAR ETF (HBR) currently distributes little or no income. Trailing-twelve-month yield is —. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does HBR pay dividends? Canary HBAR ETF pays dividends on its published schedule. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is HBR's dividend yield? HBR's trailing-twelve-month yield is —, calculated from the sum of dividends over the past year divided by the current price. ### When is HBR's next ex-dividend date? HBR hasn't announced its next ex-date yet. Once declared it'll appear at the top of the dividend history table on this page. ### How much will HBR's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.95% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does HBR charge its expense ratio? The expense ratio is deducted in tiny daily slices from HBR's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does HBR cost more than a fund like VOO? HBR's strategy (current expense ratio 0.95%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where HBR sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to HBR? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as HBR (0.95%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/hbr - Distribution history: https://www.dividenddata.com/funds/hbr/dividend - Holdings & diversification: https://www.dividenddata.com/funds/hbr/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/hbr/expenses - Peer comparison: https://www.dividenddata.com/funds/hbr/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.