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CIBC MSCI USA Equity Index ETF (CAD-Hedged) (CUEH : TSX)
U.S. Equity
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FundGrade C
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Click for more information on Fundata’s ESG Grade
Fundata ESG Grade B
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|
Close (09-30-2026) |
$27.43 |
|---|---|
| Change |
-$0.90
(-3.18%)
|
| Open | $28.50 |
|---|---|
| Day Range | $28.50 - $28.50 |
| Volume | 100 |
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 (January 23, 2023): 18.95%
| 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 | 2.56% | 1.35% | 11.56% | 11.50% | 17.42% | 15.54% | 18.50% | - | - | - | - | - | - | - |
| Benchmark | 1.53% | 2.18% | 14.22% | 14.46% | 21.47% | 19.74% | 22.03% | 21.44% | 14.94% | 16.85% | 17.24% | 15.61% | 16.58% | 16.03% |
| Category Average | 1.07% | 11.09% | 11.09% | 11.44% | 15.84% | 14.06% | 17.09% | 16.41% | 10.20% | 12.83% | 12.95% | 11.53% | 12.36% | 12.05% |
| Category Rank | 169 / 1,391 | 838 / 1,384 | 645 / 1,361 | 662 / 1,350 | 584 / 1,326 | 501 / 1,234 | 530 / 1,176 | - | - | - | - | - | - | - |
| Quartile Ranking | 1 | 3 | 2 | 2 | 2 | 2 | 2 | - | - | - | - | - | - | - |
Monthly Return
| Return % | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 3.52% | 2.19% | -0.23% | -0.21% | 1.09% | -1.13% | -5.09% | 10.37% | 5.07% | -1.07% | -0.11% | 2.56% |
| Benchmark | 5.00% | 3.05% | -0.03% | -1.89% | 0.38% | -0.17% | -2.91% | 8.00% | 6.61% | 2.01% | -1.34% | 1.53% |
Best Monthly Return Since Inception
10.37% (April 2026)
Worst Monthly Return Since Inception
-6.05% (March 2025)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | - | - | - | - | 22.87% | 14.88% |
| Benchmark | 8.65% | 13.80% | 3.98% | 25.18% | 16.07% | 28.16% | -12.52% | 23.32% | 36.01% | 12.28% |
| Category Average | 6.16% | 13.43% | -2.19% | 22.72% | 13.97% | 23.22% | -14.41% | 18.85% | 26.98% | 8.65% |
| Quartile Ranking | - | - | - | - | - | - | - | - | 3 | 1 |
| Category Rank | - | - | - | - | - | - | - | - | 884/ 1,204 | 112/ 1,244 |
Best Calendar Return (Last 10 years)
22.87% (2024)
Worst Calendar Return (Last 10 years)
14.88% (2025)
Asset Allocation
| Name | Percent |
|---|---|
| US Equity | 95.16 |
| International Equity | 2.79 |
| Cash and Equivalents | 1.97 |
| Canadian Equity | 0.08 |
Sector Allocation
| Name | Percent |
|---|---|
| Technology | 44.05 |
| Financial Services | 11.48 |
| Consumer Services | 8.97 |
| Healthcare | 8.94 |
| Industrial Goods | 5.91 |
| Other | 20.65 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 97.20 |
| Europe | 2.43 |
| Latin America | 0.29 |
| Asia | 0.08 |
Top Holdings
| Name | Percent |
|---|---|
| CIBC MSCI USA Equity Index ETF (CUEI) | 98.14 |
| Cash and Cash Equivalents | 1.48 |
| Cash and Cash Equivalents | 0.91 |
| S&P 500 Micro E-mini Index Futures | 0.05 |
| US DOLLAR | 0.01 |
| CANADIAN DOLLAR | -0.59 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
CIBC MSCI USA Equity Index ETF (CAD-Hedged)
Median
Other - U.S. Equity
3 Yr Annualized
| Standard Deviation | 13.03% | - | - |
|---|---|---|---|
| Beta | 0.96% | - | - |
| Alpha | -0.02% | - | - |
| Rsquared | 0.80% | - | - |
| Sharpe | 1.12% | - | - |
| Sortino | 2.20% | - | - |
| Treynor | 0.15% | - | - |
| Tax Efficiency | - | - | - |
| Volatility |
|
- | - |
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 13.32% | 13.03% | - | - |
| Beta | 1.01% | 0.96% | - | - |
| Alpha | -0.04% | -0.02% | - | - |
| Rsquared | 0.81% | 0.80% | - | - |
| Sharpe | 1.10% | 1.12% | - | - |
| Sortino | 2.44% | 2.20% | - | - |
| Treynor | 0.15% | 0.15% | - | - |
| Tax Efficiency | 94.09% | - | - | - |
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 | January 23, 2023 |
|---|---|
| Instrument Type | Exchange Traded Fund |
| Share Class | Do-It-Yourself |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Quarterly |
| Assets ($mil) | $6 |
| 52 Week High | $28.88 |
| 52 Week Low | $23.67 |
| Annual Dividend | $0.69 |
| Annual Yield | - |
| Index | - |
| Shares Outstanding | - |
| Registered Plan Eligible | Yes |
ETF Characteristics
| Exposure | - |
|---|---|
| Asset Class High | - |
| Asset Class Medium | - |
| Asset Class Low | - |
| Leveraged | - |
| Inverse | - |
| Advisor Series | - |
| Covered Call Strategy | No |
Investment Objectives
CIBC MSCI USA Equity Index ETF (CAD-Hedged) seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of a broad U.S. equity market index that measures the investment return of publicly traded securities in the U.S. market, hedged to the Canadian dollar. Currently, this CIBC ETF seeks to track the MSCI USA 100% Hedged to CAD IndexTM (or any successor thereto).
Investment Strategy
In order to achieve their investment objectives, each of the CIBC Index ETFs may invest in and hold the Constituent Securities of the applicable Index in approximately the same proportion as they are reflected in that Index or otherwise invest in a manner intended to track the performance of such Index. Each CIBC Index ETF may also hold cash and cash equivalents or other money market instruments in order to meet their current obligations. Each CIBC Index ETF may, at the discretion of the Manager
Portfolio Management
| Portfolio Manager |
CIBC Asset Management Inc. |
|---|---|
| Sub-Advisor |
- |
Management and Organization
| Fund Manager |
CIBC Asset Management Inc. |
|---|---|
| Custodian |
CIBC Mellon Trust Company |
| Registrar |
- |
| Distributor |
CIBC Asset Management Inc. |
Fees
| MER | 0.05% |
|---|---|
| Management Fee | 0.05% |
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