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Manulife Multifactor U.S. Small Cap Index ETF - Hedged Units (MUSC : TSX)
U.S. Small/Mid Cap Equity
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FundGrade C
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|
Close (10-21-2026) |
$38.82 |
|---|---|
| Change |
$0.11
(0.28%)
|
| Open | - |
|---|---|
| Day Range | - - - |
| Volume | 0 |
As at September 30, 2026
As at September 30, 2026
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Fund Returns
Inception Return (November 27, 2017): 5.93%
| 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 | -6.07% | -7.15% | 4.92% | 7.11% | 7.49% | 5.32% | 11.08% | 11.96% | 4.92% | 10.30% | 7.42% | 5.38% | - | - |
| Benchmark | -1.49% | -6.47% | 11.73% | 14.68% | 16.82% | 15.09% | 18.75% | 16.80% | 9.97% | 13.85% | 11.76% | 10.09% | 11.08% | 11.13% |
| Category Average | -3.01% | 7.51% | 7.51% | 5.80% | 5.04% | 4.73% | 10.11% | 9.58% | 3.46% | 8.26% | 6.16% | 4.55% | 5.45% | 6.10% |
| Category Rank | 314 / 320 | 188 / 320 | 190 / 311 | 149 / 308 | 113 / 289 | 92 / 254 | 92 / 248 | 70 / 238 | 75 / 227 | 69 / 208 | 82 / 181 | 99 / 170 | - | - |
| Quartile Ranking | 4 | 3 | 3 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 3 | - | - |
Monthly Return
| Return % | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -0.75% | 1.96% | -0.83% | 5.98% | 2.16% | -5.71% | 7.54% | 1.00% | 4.04% | -0.80% | -0.36% | -6.07% |
| Benchmark | 0.93% | 1.19% | -0.25% | 1.73% | 4.47% | -3.42% | 5.98% | 5.62% | 6.73% | -6.35% | 1.39% | -1.49% |
Best Monthly Return Since Inception
14.43% (November 2020)
Worst Monthly Return Since Inception
-23.35% (March 2020)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | -13.78% | 22.24% | 7.75% | 18.51% | -15.86% | 18.61% | 8.18% | 4.45% |
| Benchmark | 14.08% | 8.66% | -2.87% | 21.65% | 11.78% | 20.00% | -11.77% | 13.76% | 24.39% | 7.19% |
| Category Average | 9.80% | 10.84% | -7.63% | 15.90% | 4.61% | 23.16% | -17.30% | 11.64% | 13.19% | 1.07% |
| Quartile Ranking | - | - | 4 | 2 | 3 | 4 | 2 | 1 | 4 | 1 |
| Category Rank | - | - | 163/ 164 | 50/ 175 | 134/ 182 | 174/ 226 | 77/ 232 | 13/ 244 | 194/ 248 | 67/ 279 |
Best Calendar Return (Last 10 years)
22.24% (2019)
Worst Calendar Return (Last 10 years)
-15.86% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| US Equity | 96.40 |
| International Equity | 3.41 |
| Cash and Equivalents | 0.20 |
| Other | -0.01 |
Sector Allocation
| Name | Percent |
|---|---|
| Financial Services | 17.49 |
| Technology | 11.01 |
| Real Estate | 10.41 |
| Consumer Services | 9.03 |
| Consumer Goods | 8.67 |
| Other | 43.39 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 96.59 |
| Latin America | 1.93 |
| Europe | 1.27 |
| Asia | 0.21 |
Top Holdings
| Name | Percent |
|---|---|
| FormFactor Inc | 0.54 |
| Element Solutions | 0.50 |
| Avnet Inc | 0.48 |
| Ryder System Inc | 0.47 |
| Voya Financial Inc | 0.47 |
| Jackson Financial Inc Cl A | 0.46 |
| SM Energy Co | 0.45 |
| Timken Co | 0.45 |
| Firstcash Holdings Inc | 0.44 |
| Madison Square Garden Sports Corp Cl A | 0.43 |
Equity Style
Fixed Income Style
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 | 17.07% | 18.64% | - |
|---|---|---|---|
| Beta | 0.96% | 1.04% | - |
| Alpha | -0.06% | -0.05% | - |
| Rsquared | 0.75% | 0.84% | - |
| Sharpe | 0.51% | 0.19% | - |
| Sortino | 0.86% | 0.29% | - |
| Treynor | 0.09% | 0.03% | - |
| Tax Efficiency | 96.00% | 89.19% | - |
| Volatility |
|
|
- |
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 14.18% | 17.07% | 18.64% | - |
| Beta | 0.71% | 0.96% | 1.04% | - |
| Alpha | -0.04% | -0.06% | -0.05% | - |
| Rsquared | 0.47% | 0.75% | 0.84% | - |
| Sharpe | 0.42% | 0.51% | 0.19% | - |
| Sortino | 0.58% | 0.86% | 0.29% | - |
| Treynor | 0.08% | 0.09% | 0.03% | - |
| Tax Efficiency | 95.31% | 96.00% | 89.19% | - |
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) | $4 |
| 52 Week High | $41.91 |
| 52 Week Low | $33.36 |
| Annual Dividend | $0.28 |
| 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 Management
| Portfolio Manager |
Manulife Investment Management Limited |
|---|---|
| Sub-Advisor |
Dimensional Fund Advisors Canada ULC
|
Management and Organization
| Fund Manager |
Manulife Investment Management Limited |
|---|---|
| Custodian |
CIBC Mellon Trust Company |
| Registrar |
TSX Trust Company |
| Distributor |
- |
Fees
| MER | 0.54% |
|---|---|
| Management Fee | 0.50% |
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