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CIBC MSCI USA Equity Index ETF (CAD-Hedged) (CUEH : TSX)

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U.S. Equity

FundGrade B Click for more information on Fundata’s FundGrade

FundGrade B

Click for more information on Fundata’s FundGrade.

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

Fundata ESG Grade B

Click for more information on Fundata’s ESG Grade.

Close
(11-19-2025) 		$25.52
Change
$0.04 (0.16%)
Open -
Day Range - - -
Volume 50

As at October 31, 2025

As at October 31, 2025

As at October 31, 2025

  • Closing Price / Volume
Period
Created with Highcharts 10.3.3Closing PriceVolumeApr 2023Jul 2023Oct 2023Jan 2024Apr 2024Jul 2024Oct 2024Jan 2025Apr 2025Jul 2025Oct 2025Dec 2024Jan 2025Feb 2025Mar 2025Apr 2025May 2025Jun 2025Jun 2025Jul 2025Aug 2025Sep 2025Oct 2025Nov 20252023-05-012023-09-012024-01-012024-05-012024-09-012025-01-012025-05-012025-09-01$18.00$20.00$22.00$24.00$26.00$28.00050,000100,00010,00020,000Period
Created with Highcharts 10.3.3Mar 2023May 2023Jul 2023Sep 2023Nov 2023Jan 2024Mar 2024May 2024Jul 2024Sep 2024Nov 2024Jan 2025Mar 2025May 2025Jul 2025Sep 2025Nov 2025Dec 2024Jan 2025Feb 2025Mar 2025Apr 2025May 2025Jun 2025Jun 2025Jul 2025Aug 2025Sep 2025Oct 2025Nov 20252023-05-012023-09-012024-01-012024-05-012024-09-012025-01-012025-05-012025-09-01-10%0%10%20%30%40%-30%-20%Period

Legend

CIBC MSCI USA Equity Index ETF (CAD-Hedged)

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Fund Returns

Inception Return (January 23, 2023): 20.68%

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 2.19% 7.56% 22.29% 15.39% 19.05% 27.00% - - - - - - - -
Benchmark 3.05% 9.59% 25.45% 14.49% 22.34% 30.15% 23.77% 15.58% 18.85% 17.51% 17.07% 16.09% 16.39% 15.44%
Category Average 2.01% 20.13% 20.13% 10.14% 15.07% 24.02% 18.33% 10.24% 14.39% 13.11% 12.81% 11.81% 12.39% 11.36%
Category Rank 713 / 1,398 602 / 1,379 630 / 1,346 179 / 1,307 463 / 1,306 528 / 1,256 - - - - - - - -
Quartile Ranking 3 2 2 1 2 2 - - - - - - - -

Monthly Return

Created with Highcharts 10.3.3Nov 24Dec 24Jan 25Feb 25Mar 25Apr 25May 25Jun 25Jul 25Aug 25Sep 25Oct 25-10%-5%0%5%10%
Monthly Return
Return % Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct
Fund 6.12% -2.78% 2.84% -1.66% -6.05% -0.69% 6.15% 4.93% 2.08% 1.68% 3.52% 2.19%
Benchmark 6.59% 0.26% 3.46% -1.62% -6.04% -4.57% 5.88% 4.21% 3.75% 1.28% 5.00% 3.05%

Best Monthly Return Since Inception

9.11% (November 2023)

Worst Monthly Return Since Inception

-6.05% (March 2025)

Calendar Return (%)

Created with Highcharts 10.3.3-20%-10%0%10%20%30%40%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund - - - - - - - - - 22.87%
Benchmark 20.77% 8.65% 13.80% 3.98% 25.18% 16.07% 28.16% -12.52% 23.32% 36.01%
Category Average 10.40% 6.16% 13.43% -2.19% 22.72% 13.97% 23.22% -14.41% 18.85% 26.98%
Quartile Ranking - - - - - - - - - 3
Category Rank - - - - - - - - - 912/ 1,263

Best Calendar Return (Last 10 years)

22.87% (2024)

Worst Calendar Return (Last 10 years)

22.87% (2024)

Asset Allocation

Asset Allocation
Name Percent
US Equity 86.59
Cash and Equivalents 10.92
International Equity 2.52
Canadian Equity 0.03

Sector Allocation

Sector Allocation
Name Percent
Technology 39.20
Cash and Cash Equivalent 10.92
Financial Services 10.86
Consumer Services 8.86
Healthcare 7.70
Other 22.46

Geographic Allocation

Geographic Allocation
Name Percent
North America 97.55
Europe 2.19
Latin America 0.23
Asia 0.09

Top Holdings

Top Holdings
Name Percent
CIBC MSCI USA Equity Index ETF (CUEI) 88.69
Cash and Cash Equivalents 9.94
Cash and Cash Equivalents 1.52
S&P 500 E-mini Index Futures 0.41
US DOLLAR 0.00
CANADIAN DOLLAR -0.56

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Fixed income style data not available

Risk vs Return (3 Yr)

3 Yr Annualized

Standard Deviation - - -
Beta - - -
Alpha - - -
Rsquared - - -
Sharpe - - -
Sortino - - -
Treynor - - -
Tax Efficiency - - -
Volatility - - -

Risk Rating

Rating out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 12.86% - - -
Beta 0.84% - - -
Alpha 0.01% - - -
Rsquared 0.83% - - -
Sharpe 1.21% - - -
Sortino 2.10% - - -
Treynor 0.19% - - -
Tax Efficiency 88.11% - - -

Fundata ESG Metrics

Fundata ESG Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A73.1​73.156.4​56.40%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: A76.7​76.759.3​59.30%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: A63.6​63.649.2​49.20%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: A79.6​79.662.2​62.20%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 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) $4
52 Week High $26.41
52 Week Low $19.10
Annual Dividend $1.29
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 U.S. 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 Morningstar® US Target Market Exposure Hedged CAD Index™ (or any successor thereto).

Investment Strategy

In order to achieve their investment objectives and to obtain exposure to the Constituent Securities of the applicable Index, the CIBC U.S. Equity Index ETF (CAD-Hedged) invests in and hold the Constituent Securities of the Morningstar® US Target Market Exposure Hedged CAD 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 including investing in ETFs. The ETF also uses derivative ins

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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