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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

Click for more information on Fundata’s FundGrade.

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

Fundata ESG Grade E

Click for more information on Fundata’s ESG Grade.

Close
(05-15-2025)
$33.11
Change
$0.06 (0.18%)
Open -
Day Range - - -
Volume 0

As at April 30, 2025

As at April 30, 2025

As at April 30, 2025

Period
Created with Highcharts 10.3.3Closing PriceVolumeJan 2018Jan 2019Jul 2020Jan 2021Jul 2021Jan 2022Jul 2022Jan 2023Jul 2023Jan 2024Jul 2024Jan 2025Jun 2024Jul 2024Aug 2024Sep 2024Sep 2024Oct 2024Nov 2024Dec 2024Jan 2025Feb 2025Mar 2025Apr 2025May 20252020-01-012021-01-012022-01-012023-01-012024-01-012025-01-01$20.00$30.00$40.00$10.00$25.00$35.000200,00020,000Period
Created with Highcharts 10.3.3May 2018Jan 2019May 2020Sep 2020Jan 2021May 2021Sep 2021Jan 2022May 2022Sep 2022Jan 2023May 2023Sep 2023Jan 2024May 2024Sep 2024Jan 2025May 2025May 2…Jun 2024Jul 2024Aug 2024Sep 2024Sep 2024Oct 2024Nov 2024Dec 2024Jan 2025Feb 2025Mar 2025Apr 2025May 20252020-01-012021-01-012022-01-012023-01-012024-01-012025-01-010%-50%-25%25%50%75%-20%-10%10%20%Period

Legend

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

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Fund Returns

Inception Return (November 27, 2017): 4.02%

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 -3.99% -13.61% -9.67% -9.96% -1.24% 5.90% 3.39% 0.09% 10.15% 4.28% 4.18% - - -
Benchmark -5.32% -15.79% -6.71% -11.04% 4.91% 10.58% 8.26% 4.47% 11.77% 7.27% 8.17% 7.55% 9.85% 8.62%
Category Average -4.28% -8.56% -8.56% -11.05% -1.61% 4.93% 2.51% 0.07% 7.64% 3.25% 3.56% 3.78% 5.50% 4.75%
Category Rank 109 / 295 54 / 295 134 / 292 55 / 294 119 / 269 88 / 264 111 / 251 118 / 244 63 / 206 86 / 197 117 / 182 - - -
Quartile Ranking 2 1 2 1 2 2 2 2 2 2 3 - - -

Monthly Return

Created with Highcharts 10.3.3May 24Jun 24Jul 24Aug 24Sep 24Oct 24Nov 24Dec 24Jan 25Feb 25Mar 25Apr 25-10%-5%0%5%10%15%
Monthly Return
Return % May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr
Fund 4.22% -1.55% 7.55% -0.66% 0.92% -1.17% 9.29% -8.20% 4.22% -4.22% -6.05% -3.99%
Benchmark 3.32% -1.00% 6.13% -1.81% 2.68% 2.75% 10.22% -4.86% 5.64% -5.13% -6.25% -5.32%

Best Monthly Return Since Inception

14.43% (November 2020)

Worst Monthly Return Since Inception

-23.35% (March 2020)

Calendar Return (%)

Created with Highcharts 10.3.3-20%-10%0%10%20%30%
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 94.54
International Equity 4.34
Cash and Equivalents 1.13
Other -0.01

Sector Allocation

Sector Allocation
Name Percent
Financial Services 19.74
Real Estate 12.93
Technology 11.27
Industrial Goods 9.68
Consumer Goods 8.06
Other 38.32

Geographic Allocation

Geographic Allocation
Name Percent
North America 95.66
Latin America 2.92
Europe 1.41
Other 0.01

Top Holdings

Top Holdings
Name Percent
United States Dollar 1.02
Agree Realty Corp 0.58
Popular Inc 0.55
Exlservice Holdings Inc 0.52
Idacorp Inc 0.52
Planet Fitness Inc Cl A 0.52
Revolution Medicines Inc 0.51
Commvault Systems Inc 0.50
ESAB Corp 0.49
Aaon Inc 0.49

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)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return1416182022242628303234363840-15%-10%-5%0%5%10%15%

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

Median

Other - U.S. Small/Mid Cap Equity

3 Yr Annualized

Standard Deviation 21.21% 19.34% -
Beta 1.10% 1.11% -
Alpha -0.05% -0.02% -
Rsquared 0.91% 0.90% -
Sharpe 0.07% 0.47% -
Sortino 0.19% 0.72% -
Treynor 0.01% 0.08% -
Tax Efficiency 80.76% 93.50% -
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 18.73% 21.21% 19.34% -
Beta 0.95% 1.10% 1.11% -
Alpha -0.06% -0.05% -0.02% -
Rsquared 0.89% 0.91% 0.90% -
Sharpe -0.18% 0.07% 0.47% -
Sortino -0.21% 0.19% 0.72% -
Treynor -0.04% 0.01% 0.08% -
Tax Efficiency - 80.76% 93.50% -

Fundata ESG Metrics

Fundata ESG Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A8.08.08.78.70%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: A6.76.78.08.00%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: A8.28.29.89.80%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: A8.28.27.27.20%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.

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 $27.93
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 Management

Portfolio Manager

Manulife Investment Management Limited

Sub-Advisor

Dimensional Fund Advisors Canada ULC

  • Lukas J. Smart
  • Joel P. Schneider

Management and Organization

Fund Manager

Manulife Investment Management Limited

Custodian

CIBC Mellon Trust Company

Registrar

TSX Trust Company

Distributor

-

Fees

MER 0.53%
Management Fee 0.50%

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