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Manulife Multifactor U.S. Small Cap Index ETF - Hedged Units (MUSC : TSX)

U.S. Small/Mid Cap Equity

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

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

Fundata ESG Grade E

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Close
(02-07-2025)
$35.60
Change
-$0.31 (-0.86%)
Open $35.60
Day Range $35.60 - $35.60
Volume 100

As at December 31, 2024

As at December 31, 2024

As at December 31, 2024

Period
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Legend

Manulife Multifactor U.S. Small Cap Index ETF - Hedged Units

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Fund Returns

Inception Return (November 27, 2017): 5.76%

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 -8.20% -0.85% 6.90% 8.18% 8.18% 13.27% 2.58% 6.35% 6.63% 9.09% 5.48% - - -
Benchmark -4.86% 7.75% 15.30% 24.39% 24.39% 18.96% 7.68% 10.64% 10.87% 12.59% 10.24% 10.04% 10.49% 10.61%
Category Average -5.10% 8.23% 8.23% 13.19% 13.19% 12.41% 1.48% 6.51% 6.13% 7.70% 5.36% 6.03% 6.44% 6.42%
Category Rank 281 / 294 217 / 273 152 / 270 213 / 268 213 / 268 116 / 264 97 / 246 110 / 244 102 / 200 93 / 193 129 / 182 - - -
Quartile Ranking 4 4 3 4 4 2 2 2 3 2 3 - - -

Monthly Return

Monthly Return
Return % Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Fund -3.02% 3.90% 4.28% -6.14% 4.22% -1.55% 7.55% -0.66% 0.92% -1.17% 9.29% -8.20%
Benchmark -0.78% 7.29% 4.69% -5.36% 3.32% -1.00% 6.13% -1.81% 2.68% 2.75% 10.22% -4.86%

Best Monthly Return Since Inception

14.43% (November 2020)

Worst Monthly Return Since Inception

-23.35% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund - - - -13.78% 22.24% 7.75% 18.51% -15.86% 18.61% 8.18%
Benchmark 11.76% 14.08% 8.66% -2.87% 21.65% 11.78% 20.00% -11.77% 13.76% 24.39%
Category Average 6.25% 9.80% 10.84% -7.63% 15.90% 4.61% 23.16% -17.30% 11.64% 13.19%
Quartile Ranking - - - 4 2 3 3 2 1 4
Category Rank - - - 176/ 182 53/ 193 136/ 200 183/ 244 86/ 246 12/ 264 213/ 268

Best Calendar Return (Last 10 years)

22.24% (2019)

Worst Calendar Return (Last 10 years)

-15.86% (2022)

Asset Allocation

Asset Allocation
Name Percent
US Equity 93.95
International Equity 5.08
Cash and Equivalents 0.72
Income Trust Units 0.24
Other 0.01

Sector Allocation

Sector Allocation
Name Percent
Financial Services 20.42
Technology 11.95
Healthcare 9.89
Industrial Goods 9.84
Real Estate 9.00
Other 38.90

Geographic Allocation

Geographic Allocation
Name Percent
North America 94.92
Latin America 3.72
Europe 1.36

Top Holdings

Top Holdings
Name Percent
Credo Technology Group Holding Ltd 0.90
Bath & Body Works Inc 0.79
Exelixis Inc 0.79
Jazz Pharmaceuticals PLC 0.72
Trex Co Inc 0.72
Cullen/Frost Bankers Inc 0.72
Bill.com Holdings Inc 0.69
DT Midstream Inc 0.68
Masimo Corp 0.65
Planet Fitness Inc Cl A 0.65

Equity Style

Market capitalization is medium. Equity style is growth.

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Manulife Multifactor U.S. Small Cap Index ETF - Hedged Units

Median

Other - U.S. Small/Mid Cap Equity

3 Yr Annualized

Standard Deviation 21.33% 22.89% -
Beta 1.13% 1.17% -
Alpha -0.05% -0.05% -
Rsquared 0.92% 0.93% -
Sharpe 0.05% 0.30% -
Sortino 0.13% 0.38% -
Treynor 0.01% 0.06% -
Tax Efficiency 75.88% 91.59% -
Volatility 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 10 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 18.28% 21.33% 22.89% -
Beta 1.03% 1.13% 1.17% -
Alpha -0.15% -0.05% -0.05% -
Rsquared 0.88% 0.92% 0.93% -
Sharpe 0.28% 0.05% 0.30% -
Sortino 0.56% 0.13% 0.38% -
Treynor 0.05% 0.01% 0.06% -
Tax Efficiency 94.74% 75.88% 91.59% -

Fundata ESG Metrics

Fundata ESG Score

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

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

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

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.

Fund Details

Start Date November 27, 2017
Instrument Type Exchange Traded Fund
Share Class Do-It-Yourself
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Semi Annual
Assets ($mil) -
52 Week High $37.76
52 Week Low $30.88
Annual Dividend $0.35
Annual Yield -
Index John Hancock Dimensional Small Cap 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

MUSC seeks to track the performance of the John Hancock Dimensional Small Cap Index (CAD Hedged) before fees and expenses.

Investment Strategy

In respect of Manulife Multifactor U.S. Large Cap Index ETF, Manulife Multifactor U.S. Mid Cap Index ETF, Manulife Multifactor U.S. Small Cap Index ETF, Manulife Multifactor Developed International Index ETF and Manulife Multifactor Emerging Markets Index ETF, any foreign currency exposure in the portfolio that is attributable to Unhedged Units will not be hedged back to the Canadian dollar.

Portfolio Manager(s)

Name Start Date
Joel P. Schneider 11-27-2017
Lukas J. Smart 11-27-2017
Manulife Investment Management Limited 08-16-2024

Management and Organization

Fund Manager Manulife Investment Management Limited
Advisor Manulife Investment Management Limited
Custodian CIBC Mellon Trust Company
Registrar TSX Trust Company
Distributor -
Auditor Ernst & Young LLP

Fees

MER 0.53%
Management Fee 0.50%

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