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Scotia Canadian Large Cap Equity Index Tracker ETF (SITC : NEO)

Canadian Equity

FundGrade B Click for more information on Fundata’s FundGrade

FundGrade B

Click for more information on Fundata’s FundGrade.

Close
(05-16-2024)
$29.03
Change
$0.01 (0.03%)
Open $29.01
Day Range $29.01 - $29.03
Volume 2,261

As at April 30, 2024

Period
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Legend

Scotia Canadian Large Cap Equity Index Tracker ETF

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Fund Returns

Inception Return (October 29, 2020): 12.86%

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 -2.21% 3.57% 16.78% 4.37% 9.32% 6.15% 8.23% - - - - - - -
Benchmark -1.82% 4.10% 16.91% 4.68% 8.73% 5.66% 7.59% 13.51% 8.86% 8.98% 8.12% 8.95% 7.25% 7.22%
Category Average -2.02% 14.76% 14.76% 4.01% 7.13% 4.79% 6.78% 12.37% 7.64% 7.44% 6.57% 7.36% 5.95% 5.96%
Category Rank 520 / 725 317 / 722 220 / 721 327 / 722 188 / 703 186 / 669 182 / 595 - - - - - - -
Quartile Ranking 3 2 2 2 2 2 2 - - - - - - -

Monthly Return

Monthly Return
Return % May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr
Fund -5.27% 3.71% 2.38% -1.27% -2.90% -2.91% 7.65% 3.95% 0.77% 2.28% 3.55% -2.21%
Benchmark -4.95% 3.36% 2.58% -1.37% -3.33% -3.21% 7.48% 3.91% 0.55% 1.82% 4.14% -1.82%

Best Monthly Return Since Inception

7.65% (November 2023)

Worst Monthly Return Since Inception

-8.42% (June 2022)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - - - - - 25.68% -5.50% 12.63%
Benchmark 10.55% -8.32% 21.08% 9.10% -8.89% 22.88% 5.60% 25.09% -5.84% 11.75%
Category Average 9.54% -6.15% 16.46% 6.89% -9.47% 19.21% 3.42% 23.26% -4.82% 9.85%
Quartile Ranking - - - - - - - 2 3 1
Category Rank - - - - - - - 200/ 585 368/ 652 130/ 692

Best Calendar Return (Last 10 years)

25.68% (2021)

Worst Calendar Return (Last 10 years)

-5.50% (2022)

Asset Allocation

Sector Allocation

Geographic Allocation

Top Holdings

Equity Style

Equity style data not available

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Scotia Canadian Large Cap Equity Index Tracker ETF

Median

Other - Canadian Equity

3 Yr Annualized

Standard Deviation 13.29% - -
Beta 0.99% - -
Alpha 0.01% - -
Rsquared 0.99% - -
Sharpe 0.45% - -
Sortino 0.67% - -
Treynor 0.06% - -
Tax Efficiency - - -
Volatility Volatility rating is 7 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 13.01% 13.29% - -
Beta 1.00% 0.99% - -
Alpha 0.01% 0.01% - -
Rsquared 0.99% 0.99% - -
Sharpe 0.38% 0.45% - -
Sortino 0.88% 0.67% - -
Treynor 0.05% 0.06% - -
Tax Efficiency 86.52% - - -

Fund Details

Start Date October 29, 2020
Instrument Type Exchange Traded Fund
Share Class Do-It-Yourself
Legal Status Trust
Sales Status -
Currency CAD
Distribution Frequency Quarterly
Assets ($mil) -
52 Week High $29.26
52 Week Low $24.38
Annual Dividend $0.83
Annual Yield -
Index Solactive Canada Large 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

SITC seeks to replicate, to the extent possible and before fees and expenses, the performance of a diversified Canadian large cap equity market index that tracks the investment returns of publicly traded large cap equity securities in Canada. Currently, SITC seeks to replicate Solactive Canada Large Cap Index.

Investment Strategy

-

Portfolio Manager(s)

Name Start Date
1832 Asset Management L.P. 09-18-2020
SSGA Canada 09-18-2020

Management and Organization

Fund Manager 1832 Asset Management L.P.
Advisor 1832 Asset Management L.P.
Custodian State Street Trust Company Canada
Registrar State Street Trust Company Canada
Distributor -
Auditor PriceWaterhouseCoopers LLP

Fees

MER 0.06%
Management Fee 0.03%

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