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Global X Equal Weight Canadian Pipelines Index ETF (PPLN : TSX)

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Energy Equity

FundGrade B Click for more information on Fundata’s FundGrade

FundGrade B

Click for more information on Fundata’s FundGrade.

Fundata ESG GradeD Click for more information on Fundata’s ESG Grade

Fundata ESG Grade D

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FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2021, 2020, 2019, 2018, 2017

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Close
(04-30-2025) 		$11.01
Change
-$0.16 (-1.43%)
Open $11.00
Day Range $10.94 - $11.00
Volume 1,582

As at March 31, 2025

As at March 31, 2025

As at March 31, 2025

  • Closing Price / Volume
Period
Created with Highcharts 10.3.3Closing PriceVolumeJan 2016Jan 2017Jan 2018Jan 2019Jan 2020Jan 2021Jan 2022Jan 2023Jan 2024Jan 2025May 2024Jun 2024Jul 2024Aug 2024Sep 2024Oct 2024Nov 2024Dec 2024Dec 2024Jan 2025Feb 2025Mar 2025Apr 20252016-01-012018-01-012020-01-012022-01-012024-01-01$4.00$6.00$8.00$10.00$12.00$14.00$11.00$13.0001,000,0002,000,000200,000Period
Created with Highcharts 10.3.3Jan 2016Jan 2017Jan 2018Jan 2019Jan 2020Jan 2021Jan 2022Jan 2023Jan 2024Jan 2025May 2024Jun 2024Jul 2024Aug 2024Sep 2024Oct 2024Nov 2024Dec 2024Dec 2024Jan 2025Feb 2025Mar 2025Apr 20252016-01-012018-01-012020-01-012022-01-012024-01-010%-75%-50%-25%25%50%-10%-5%5%10%15%Period

Legend

Global X Equal Weight Canadian Pipelines Index ETF

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Fund Returns

Inception Return (July 14, 2014): 5.53%

Fund Returns
Row Heading Return Annualized Return
1 Mth 3 Mth 6 Mth YTD 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 6 Yr 7 Yr 8 Yr 9 Yr 10 Yr
Fund 2.66% -1.92% 7.67% -1.92% 5.88% 13.79% 10.42% 12.64% 24.41% 8.14% 8.75% 6.35% 8.92% 6.01%
Benchmark 5.55% 3.98% 6.60% 3.98% 0.47% 13.98% 11.79% 28.75% 40.75% 14.63% 10.56% 7.90% 9.00% 5.96%
Category Average 3.43% 5.99% 5.99% 3.55% 4.80% 10.49% 8.00% 16.82% 25.96% 8.50% 5.67% 3.31% 4.80% 1.67%
Category Rank 54 / 70 52 / 68 43 / 67 52 / 68 36 / 67 22 / 62 36 / 54 46 / 51 25 / 45 29 / 42 15 / 41 19 / 40 7 / 39 4 / 34
Quartile Ranking 4 4 3 4 3 2 3 4 3 3 2 2 1 1

Monthly Return

Created with Highcharts 10.3.3Apr 24May 24Jun 24Jul 24Aug 24Sep 24Oct 24Nov 24Dec 24Jan 25Feb 25Mar 25-10%-5%0%5%10%
Monthly Return
Return % Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Fund -3.42% -0.82% 1.88% 4.17% -2.89% -0.40% 4.32% 5.34% -0.11% -1.07% -3.42% 2.66%
Benchmark 3.13% 2.24% -4.74% 2.42% -2.22% -6.30% 3.21% 3.39% -3.92% 0.34% -1.83% 5.55%

Best Monthly Return Since Inception

21.76% (April 2020)

Worst Monthly Return Since Inception

-39.11% (March 2020)

Calendar Return (%)

Created with Highcharts 10.3.3-50%-25%0%25%50%75%100%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund -25.14% 39.01% -2.17% -12.07% 20.48% -17.96% 34.59% 15.94% 9.09% 17.36%
Benchmark -24.13% 39.64% -10.61% -26.57% 9.75% -34.64% 85.18% 54.02% 4.14% 14.91%
Category Average -25.77% 33.22% -13.66% -23.92% 7.11% -22.62% 40.01% 33.82% 0.43% 12.23%
Quartile Ranking 3 2 1 1 1 1 3 4 1 2
Category Rank 21/ 32 12/ 38 7/ 39 6/ 41 1/ 42 1/ 45 30/ 51 47/ 53 2/ 55 22/ 66

Best Calendar Return (Last 10 years)

39.01% (2016)

Worst Calendar Return (Last 10 years)

-25.14% (2015)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 99.35
Cash and Equivalents 0.65

Sector Allocation

Sector Allocation
Name Percent
Energy 99.35
Cash and Cash Equivalent 0.65

Geographic Allocation

Geographic Allocation
Name Percent
North America 100.00

Top Holdings

Top Holdings
Name Percent
Pembina Pipeline Corp 20.56
Keyera Corp 20.21
South Bow Corp 20.20
TC Energy Corp 19.42
Enbridge Inc 18.95
Cash and Cash Equivalents 0.65

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return46810121416182022242628-10%-5%0%5%10%15%

Global X Equal Weight Canadian Pipelines Index ETF

Median

Other - Energy Equity

3 Yr Annualized

Standard Deviation 15.31% 19.73% 21.36%
Beta 0.41% 0.46% 0.54%
Alpha 0.05% 0.06% 0.02%
Rsquared 0.40% 0.58% 0.67%
Sharpe 0.47% 1.09% 0.31%
Sortino 0.81% 2.00% 0.34%
Treynor 0.18% 0.47% 0.12%
Tax Efficiency 86.89% 92.17% -
Volatility Volatility rating is 8 on a scale of 1 to 10 Volatility rating is 10 on a scale of 1 to 10 Volatility rating is 10 on a scale of 1 to 10

Risk Rating

Rating 8 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 10.73% 15.31% 19.73% 21.36%
Beta 0.31% 0.41% 0.46% 0.54%
Alpha 0.06% 0.05% 0.06% 0.02%
Rsquared 0.15% 0.40% 0.58% 0.67%
Sharpe 0.22% 0.47% 1.09% 0.31%
Sortino 0.51% 0.81% 2.00% 0.34%
Treynor 0.07% 0.18% 0.47% 0.12%
Tax Efficiency 82.71% 86.89% 92.17% -

Fundata ESG Metrics

Fundata ESG Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A16.5​16.532.5​32.50%10%20%30%40%50%60%70%80%90%100%

The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.

Fundata E Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A18.6​18.624.4​24.40%10%20%30%40%50%60%70%80%90%100%

Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.

Fundata S Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A17.1​17.129.4​29.40%10%20%30%40%50%60%70%80%90%100%

Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.

Fundata G Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A13.8​13.850.8​50.80%10%20%30%40%50%60%70%80%90%100%

Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.

Powered by OWL Analytics. For more information, please contact Fundata Canada.

View the full methodology

Fund Details

Start Date July 14, 2014
Instrument Type Exchange Traded Fund
Share Class Do-It-Yourself
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) -
52 Week High $12.09
52 Week Low $10.01
Annual Dividend $0.37
Annual Yield -
Index Solactive Pipelines & Energy Services Index
Shares Outstanding -
Registered Plan Eligible Yes

ETF Characteristics

Exposure 1x performance
Asset Class High -
Asset Class Medium -
Asset Class Low -
Leveraged -
Inverse -
Advisor Series -
Covered Call Strategy No

Investment Objectives

PPLN seeks to replicate, to the extent reasonably possible and net of expenses, the performance of an equal-weighted index designed to provide exposure to the largest Canadian Pipeline companies (currently, the Mirae Asset Equal Weight Canadian Pipeline Index).

Investment Strategy

To achieve PPLN’s investment objectives, PPLN invests and holds the equity securities of the Constituent Issuers in substantially the same proportion as its Underlying Index. PPLN's Underlying Index is ordinarily rebalanced on a quarterly basis at the close of trading on each Rebalancing Date. The Constituent Issuers of its Underlying Index will be weighted equally on each Rebalancing Date.

Portfolio Management

Portfolio Manager

Global X Investments Canada Inc.
Sub-Advisor

-

Management and Organization

Fund Manager

Global X Investments Canada Inc.
Custodian

CIBC Mellon Trust Company
Registrar

TSX Trust Company
Distributor

-

Fees

MER 0.74%
Management Fee 0.25%

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