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Middlefield Healthcare Dividend ETF (MHCD : TSX)

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Health Care Equity

FundGrade B Click for more information on Fundata’s FundGrade

FundGrade B

Click for more information on Fundata’s FundGrade.

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

Fundata ESG Grade A

Click for more information on Fundata’s ESG Grade.

Close
(08-13-2025) 		$10.68
Change
$0.12 (1.14%)
Open $10.54
Day Range $10.54 - $10.70
Volume 27,800

As at July 31, 2025

As at July 31, 2025

As at July 31, 2025

  • Closing Price / Volume
Period
Created with Highcharts 10.3.3Closing PriceVolumeJan 2018Jul 2018Jan 2019Jul 2019Jan 2020Jul 2020Jan 2021Jul 2021Jan 2022Jul 2022Jan 2023Jul 2023Jan 2024Jul 2024Jan 2025Jul 2025Sep 2024Oct 2024Nov 2024Dec 2024Dec 2024Jan 2025Feb 2025Mar 2025Apr 2025May 2025Jun 2025Jul 2025Aug 20252018-01-012019-01-012020-01-012021-01-012022-01-012023-01-012024-01-012025-01-01$9.00$10.00$11.00$12.00$13.0001,000,000100,000200,000Period
Created with Highcharts 10.3.3Jan 2018Jul 2018Jan 2019Jul 2019Jan 2020Jul 2020Jan 2021Jul 2021Jan 2022Jul 2022Jan 2023Jul 2023Jan 2024Jul 2024Jan 2025Jul 2025Sep 2024Oct 2024Nov 2024Dec 2024Dec 2024Jan 2025Feb 2025Mar 2025Apr 2025May 2025Jun 2025Jul 2025Aug 20252018-01-012019-01-012020-01-012021-01-012022-01-012023-01-012024-01-012025-01-01-20%-10%0%10%20%30%-15%-5%5%Period

Legend

Middlefield Healthcare Dividend ETF

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Fund Returns

Inception Return (July 21, 2017): 6.64%

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 -1.82% -4.83% -11.30% -4.97% -7.09% 3.99% 4.17% 2.81% 4.33% 6.10% 5.28% 6.79% - -
Benchmark -0.60% -3.19% -10.50% -4.55% -9.05% 3.48% 4.47% 2.30% 4.43% 7.34% 6.87% 8.29% 7.49% 6.34%
Category Average - - - - - - - - - - - - - -
Category Rank 32 / 51 27 / 51 10 / 50 9 / 50 2 / 50 4 / 48 6 / 41 6 / 39 11 / 38 8 / 35 13 / 34 7 / 31 - -
Quartile Ranking 3 3 1 1 1 1 1 1 2 1 2 1 - -

Monthly Return

Created with Highcharts 10.3.3Aug 24Sep 24Oct 24Nov 24Dec 24Jan 25Feb 25Mar 25Apr 25May 25Jun 25Jul 25-10%-5%0%5%10%
Monthly Return
Return % Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul
Fund 3.86% -1.71% -1.11% 0.50% -3.63% 7.14% 1.68% -2.78% -5.72% -3.38% 0.32% -1.82%
Benchmark 2.95% -2.25% -1.97% -0.17% -3.25% 6.66% 0.57% -2.81% -5.42% -3.48% 0.91% -0.60%

Best Monthly Return Since Inception

7.76% (June 2021)

Worst Monthly Return Since Inception

-9.69% (October 2018)

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 - - - 7.43% 12.76% 10.68% 14.53% -0.76% -0.83% 12.77%
Benchmark 27.73% -8.68% 14.01% 11.82% 17.06% 13.59% 15.28% -1.72% 1.42% 9.95%
Category Average - - - - - - - - - -
Quartile Ranking - - - 2 4 3 3 2 3 1
Category Rank - - - 15/ 32 30/ 34 21/ 35 23/ 38 19/ 40 29/ 41 4/ 48

Best Calendar Return (Last 10 years)

14.53% (2021)

Worst Calendar Return (Last 10 years)

-0.83% (2023)

Asset Allocation

Asset Allocation
Name Percent
US Equity 74.15
International Equity 18.40
Income Trust Units 4.62
Canadian Equity 2.83

Sector Allocation

Sector Allocation
Name Percent
Healthcare 92.79
Consumer Services 4.57
Real Estate 2.05
Technology 0.59

Geographic Allocation

Geographic Allocation
Name Percent
North America 81.60
Europe 16.53
Asia 1.87

Top Holdings

Top Holdings
Name Percent
Eli Lilly and Co 7.14
AstraZeneca PLC 5.78
Johnson & Johnson 5.27
Boston Scientific Corp 5.11
Chartwell Retirement Residences - Units 4.62
Abbvie Inc 4.51
Stryker Corp 4.43
Gilead Sciences Inc 4.22
Abbott Laboratories 3.84
Thermo Fisher Scientific Inc 3.80

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 Return111213141516171819202122-15%-10%-5%0%5%10%

Middlefield Healthcare Dividend ETF

Median

Other - Health Care Equity

3 Yr Annualized

Standard Deviation 10.59% 12.17% -
Beta 0.93% 1.03% -
Alpha 0.00% 0.00% -
Rsquared 0.91% 0.89% -
Sharpe 0.06% 0.20% -
Sortino 0.24% 0.24% -
Treynor 0.01% 0.02% -
Tax Efficiency 50.77% 51.55% -
Volatility Volatility rating is 5 on a scale of 1 to 10 Volatility rating is 7 on a scale of 1 to 10 -

Risk Rating

Rating 5 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 12.26% 10.59% 12.17% -
Beta 1.07% 0.93% 1.03% -
Alpha 0.03% 0.00% 0.00% -
Rsquared 0.96% 0.91% 0.89% -
Sharpe -0.80% 0.06% 0.20% -
Sortino -1.06% 0.24% 0.24% -
Treynor -0.09% 0.01% 0.02% -
Tax Efficiency - 50.77% 51.55% -

Fundata ESG Metrics

Fundata ESG Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A97.0​97.092.6​92.60%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: A95.1​95.188.6​88.60%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: A97.2​97.294.5​94.50%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: A97.8​97.890.0​90.00%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 21, 2017
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 $12.52
52 Week Low $10.34
Annual Dividend $0.55
Annual Yield -
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

To provide holders of Units ("Unitholders") with:(i) stable monthly cash distributions; and (ii) enhanced long-term total return through capital appreciation of the Fund's investment portfolio; through an investment strategy that focuses primarily on investing in dividend-paying securities of issuers operating in, or that derive a significant portion of their revenue or earnings from, products or services related to the healthcare, life sciences and related industries.

Investment Strategy

The Fund has been designed to provide investors with an actively managed, diversified portfolio focusing primarily on dividend-paying securities of Healthcare & Life Sciences Issuers, which have historically generated strong risk-adjusted returns and predictable income.

Portfolio Management

Portfolio Manager

Middlefield Capital Corporation (MCC)

  • Robert Moffat
  • Dean C. Orrico
Sub-Advisor

-

Management and Organization

Fund Manager

Middlefield Limited (ML)
Custodian

RBC Investor Services Trust (Canada)
Registrar

TSX Trust Company
Distributor

-

Fees

MER 1.25%
Management Fee 0.85%

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