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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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Click for more information on Fundata’s ESG Grade
Fundata ESG Grade E
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|
Close (10-07-2026) |
$38.17 |
|---|---|
| Change |
-$0.56
(-1.45%)
|
| Open | - |
|---|---|
| Day Range | - - - |
| Volume | 0 |
As at August 31, 2026
As at August 31, 2026
As at August 31, 2026
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Legend
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Fund Returns
Inception Return (November 27, 2017): 6.75%
| 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 | -0.36% | 2.84% | 5.32% | 14.03% | 14.56% | 9.17% | 11.44% | 10.98% | 5.67% | 10.77% | 8.78% | 5.97% | - | - |
| Benchmark | 1.39% | 1.34% | 9.54% | 16.42% | 21.33% | 17.50% | 17.14% | 15.56% | 9.49% | 14.05% | 12.21% | 9.97% | 11.66% | 11.32% |
| Category Average | 0.25% | 4.67% | 4.67% | 9.08% | 9.19% | 6.76% | 9.54% | 8.63% | 3.40% | 8.44% | 6.68% | 4.76% | 6.13% | 6.41% |
| Category Rank | 181 / 320 | 194 / 320 | 124 / 308 | 104 / 308 | 95 / 288 | 74 / 251 | 81 / 244 | 69 / 238 | 65 / 226 | 61 / 208 | 68 / 179 | 93 / 170 | - | - |
| Quartile Ranking | 3 | 3 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 3 | - | - |
Monthly Return
| Return % | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.11% | -0.75% | 1.96% | -0.83% | 5.98% | 2.16% | -5.71% | 7.54% | 1.00% | 4.04% | -0.80% | -0.36% |
| Benchmark | 2.31% | 0.93% | 1.19% | -0.25% | 1.73% | 4.47% | -3.42% | 5.98% | 5.62% | 6.73% | -6.35% | 1.39% |
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 | 96.33 |
| International Equity | 3.44 |
| Cash and Equivalents | 0.23 |
Sector Allocation
| Name | Percent |
|---|---|
| Financial Services | 18.35 |
| Technology | 12.36 |
| Real Estate | 9.80 |
| Consumer Goods | 8.77 |
| Healthcare | 8.66 |
| Other | 42.06 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 96.56 |
| Latin America | 1.92 |
| Europe | 1.36 |
| Asia | 0.15 |
| Other | 0.01 |
Top Holdings
| Name | Percent |
|---|---|
| Arrow Electronics Inc | 0.58 |
| Littelfuse Inc | 0.55 |
| Krystal Biotech Inc | 0.54 |
| Darling Ingredients Inc | 0.54 |
| Affiliated Managers Group Inc | 0.50 |
| SM Energy Co | 0.49 |
| Ryder System Inc | 0.48 |
| Unity Software Inc | 0.48 |
| Voya Financial Inc | 0.48 |
| Jackson Financial Inc | 0.47 |
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 | 16.95% | 18.45% | - |
|---|---|---|---|
| Beta | 0.94% | 1.03% | - |
| Alpha | -0.04% | -0.04% | - |
| Rsquared | 0.77% | 0.85% | - |
| Sharpe | 0.52% | 0.23% | - |
| Sortino | 0.90% | 0.35% | - |
| Treynor | 0.09% | 0.04% | - |
| Tax Efficiency | 96.32% | 90.93% | - |
| Volatility |
|
|
- |
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 12.17% | 16.95% | 18.45% | - |
| Beta | 0.61% | 0.94% | 1.03% | - |
| Alpha | 0.02% | -0.04% | -0.04% | - |
| Rsquared | 0.45% | 0.77% | 0.85% | - |
| Sharpe | 0.99% | 0.52% | 0.23% | - |
| Sortino | 1.81% | 0.90% | 0.35% | - |
| Treynor | 0.20% | 0.09% | 0.04% | - |
| Tax Efficiency | 97.57% | 96.32% | 90.93% | - |
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) | $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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