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Desjardins RI USA Multifactor - Net-Zero Emissions Pathway ETF (DRFU : TSX)

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U.S. Equity

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

Click for more information on Fundata’s FundGrade.

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

Fundata ESG Grade C

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Close
(05-02-2024) 		$31.19
Change
$0.00 (0.00%)
Open -
Day Range - - -
Volume 0

As at March 31, 2024

As at March 31, 2024

As at February 29, 2024

  • Closing Price / Volume
Period
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Legend

Desjardins RI USA Multifactor - Net-Zero Emissions Pathway ETF

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Fund Returns

Inception Return (September 26, 2018): 10.23%

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 3.85% 12.62% 22.06% 12.62% 21.17% 10.74% 10.09% 15.88% 10.86% - - - - -
Benchmark 3.07% 13.26% 23.76% 13.26% 30.04% 14.00% 14.30% 19.94% 15.37% 15.05% 14.39% 15.08% 13.81% 15.28%
Category Average 2.94% 22.06% 22.06% 11.88% 26.39% 10.39% 10.21% 17.40% 12.02% 11.35% 11.08% 11.62% 10.10% 11.05%
Category Rank 231 / 1,374 620 / 1,361 805 / 1,343 620 / 1,361 1,026 / 1,288 730 / 1,216 679 / 1,158 816 / 1,095 734 / 993 - - - - -
Quartile Ranking 1 2 3 2 4 3 3 3 3 - - - - -

Monthly Return

Monthly Return
Return % Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Fund 1.18% -2.93% 2.81% 1.85% 0.53% -3.98% 0.42% 5.39% 2.40% 3.14% 5.14% 3.85%
Benchmark 1.90% 0.62% 3.76% 2.72% 1.05% -4.85% 0.44% 6.86% 1.80% 3.00% 6.70% 3.07%

Best Monthly Return Since Inception

9.40% (April 2020)

Worst Monthly Return Since Inception

-9.63% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - - - 21.36% 8.98% 25.82% -10.22% 10.77%
Benchmark 24.19% 20.77% 8.65% 13.80% 3.98% 25.18% 16.07% 28.16% -12.52% 23.32%
Category Average 16.59% 10.40% 6.16% 13.43% -2.19% 22.72% 13.97% 23.22% -14.41% 18.85%
Quartile Ranking - - - - - 3 3 2 1 4
Category Rank - - - - - 687/ 950 747/ 1,063 341/ 1,139 297/ 1,196 1,082/ 1,260

Best Calendar Return (Last 10 years)

25.82% (2021)

Worst Calendar Return (Last 10 years)

-10.22% (2022)

Asset Allocation

Asset Allocation
Name Percent
US Equity 95.30
International Equity 4.32
Cash and Equivalents 0.39
Other -0.01

Sector Allocation

Sector Allocation
Name Percent
Technology 32.98
Financial Services 12.99
Healthcare 12.29
Consumer Goods 8.60
Real Estate 6.57
Other 26.57

Geographic Allocation

Geographic Allocation
Name Percent
North America 95.68
Europe 4.32

Top Holdings

Top Holdings
Name Percent
Microsoft Corp 5.47
Apple Inc 4.64
NVIDIA Corp 4.49
Amazon.com Inc 2.63
Broadcom Inc 2.28
General Electric Co 1.61
Citigroup Inc 1.50
Alphabet Inc Cl A 1.43
Verizon Communications Inc 1.37
Comcast Corp Cl A 1.36

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)

Desjardins RI USA Multifactor - Net-Zero Emissions Pathway ETF

Median

Other - U.S. Equity

3 Yr Annualized

Standard Deviation 13.36% 13.73% -
Beta 0.89% 0.92% -
Alpha -0.02% -0.03% -
Rsquared 0.92% 0.92% -
Sharpe 0.59% 0.68% -
Sortino 0.87% 0.92% -
Treynor 0.09% 0.10% -
Tax Efficiency 96.12% - -
Volatility Volatility rating is 7 on a scale of 1 to 10 Volatility rating is 6 on a scale of 1 to 10 -

Risk Rating

Rating 7 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 9.96% 13.36% 13.73% -
Beta 0.86% 0.89% 0.92% -
Alpha -0.03% -0.02% -0.03% -
Rsquared 0.84% 0.92% 0.92% -
Sharpe 1.51% 0.59% 0.68% -
Sortino 3.18% 0.87% 0.92% -
Treynor 0.18% 0.09% 0.10% -
Tax Efficiency 98.69% 96.12% - -

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.

View the full methodology

Fund Details

Start Date September 26, 2018
Instrument Type Exchange Traded Fund (Responsible Investment)
Share Class Do-It-Yourself
Legal Status Trust
Sales Status -
Currency CAD
Distribution Frequency Quarterly
Assets ($mil) -
52 Week High $31.99
52 Week Low $25.53
Annual Dividend $0.19
Annual Yield -
Index Scientifc Beta Desjardins United States RI Low Carbon Multifactor 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

DRFU seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of a United States index that employs a multifactor approach. Currently, DRFU seeks to replicate the performance of the Scientific Beta Desjardins United States RI Low Carbon Multifactor Index, net of fees and expenses.

Investment Strategy

Under normal market conditions, DRFU will primarily invest in large and mid-cap companies from the Scientific Beta United States universe while seeking to deliver a significant reduction in the weighted average carbon intensity of DRFU's portfolio relative to the cap-weighted Index of the Scientific Beta United States universe and ensuring that all Constituent Issuers meet pre-determined ESG standards.

Portfolio Manager(s)

Name Start Date
Desjardins Global Asset Management (DGAM) 02-01-2024

Management and Organization

Fund Manager Desjardins Investments Inc.
Advisor Desjardins Global Asset Management (DGAM)
Custodian State Street Trust Company Canada
Registrar State Street Trust Company Canada
Distributor -
Auditor PriceWaterhouseCoopers LLP

Fees

MER 0.58%
Management Fee 0.50%

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