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Arrow EC Equity Advantage Alternative Fund Series ETF (ADIV : TSX)
Alternative Equity Focus
Click for more information on Fundata’s FundGrade
FundGrade C
Click for more information on Fundata’s FundGrade.
|
Close (06-23-2026) |
$27.40 |
|---|---|
| Change |
$0.23
(0.85%)
|
| Open | - |
|---|---|
| Day Range | - - - |
| Volume | 0 |
As at May 31, 2026
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Fund Returns
Inception Return (December 31, 2023): 13.31%
| 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 | -0.22% | -1.10% | 5.04% | 3.57% | 12.36% | 14.05% | - | - | - | - | - | - | - | - |
| Benchmark | 2.52% | 1.83% | 12.07% | 10.61% | 36.06% | 28.34% | 24.64% | 17.23% | 15.30% | 18.20% | 15.06% | 13.48% | 12.83% | 12.77% |
| Category Average | 2.82% | 9.17% | 9.17% | 9.21% | 23.49% | 15.75% | 16.26% | 11.26% | 9.16% | 11.53% | 9.52% | - | - | - |
| Category Rank | 203 / 258 | 211 / 255 | 150 / 243 | 191 / 245 | 147 / 218 | 90 / 167 | - | - | - | - | - | - | - | - |
| Quartile Ranking | 4 | 4 | 3 | 4 | 3 | 3 | - | - | - | - | - | - | - | - |
Monthly Return
| Return % | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.28% | 0.55% | 3.19% | 0.96% | 0.19% | 1.63% | 1.42% | -0.51% | 5.25% | -2.54% | 1.71% | -0.22% |
| Benchmark | 2.91% | 1.69% | 4.96% | 5.40% | 0.97% | 3.86% | 1.32% | 0.84% | 7.72% | -4.32% | 3.81% | 2.52% |
Best Monthly Return Since Inception
5.25% (February 2026)
Worst Monthly Return Since Inception
-2.54% (March 2026)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | - | - | - | - | - | 11.89% |
| Benchmark | 21.08% | 9.10% | -8.89% | 22.88% | 5.60% | 25.09% | -5.84% | 11.75% | 21.65% | 31.68% |
| Category Average | - | - | - | - | 5.11% | 17.27% | -5.96% | 6.54% | 16.58% | 15.40% |
| Quartile Ranking | - | - | - | - | - | - | - | - | - | 2 |
| Category Rank | - | - | - | - | - | - | - | - | - | 87/ 194 |
Best Calendar Return (Last 10 years)
11.89% (2025)
Worst Calendar Return (Last 10 years)
11.89% (2025)
Asset Allocation
Sector Allocation
Geographic Allocation
Top Holdings
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
3 Yr Annualized
| Standard Deviation | - | - | - |
|---|---|---|---|
| Beta | - | - | - |
| Alpha | - | - | - |
| Rsquared | - | - | - |
| Sharpe | - | - | - |
| Sortino | - | - | - |
| Treynor | - | - | - |
| Tax Efficiency | - | - | - |
| Volatility | - | - | - |
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 6.74% | - | - | - |
| Beta | 0.57% | - | - | - |
| Alpha | -0.06% | - | - | - |
| Rsquared | 0.78% | - | - | - |
| Sharpe | 1.42% | - | - | - |
| Sortino | 3.04% | - | - | - |
| Treynor | 0.17% | - | - | - |
| Tax Efficiency | 100.00% | - | - | - |
Fund Details
| Start Date | December 31, 2023 |
|---|---|
| Instrument Type | Exchange Traded Fund (Alternative) |
| Share Class | Do-It-Yourself |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Annual |
| Assets ($mil) | $4 |
| 52 Week High | $27.40 |
| 52 Week Low | $24.01 |
| Annual Dividend | - |
| 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
The investment objective of the Arrow EC Equity Advantage Alternative Fund is to earn long-term returns and preserve capital by taking both long and short positions in a diversified portfolio of primarily North American equity securities
Investment Strategy
To achieve the investment objective, the Fund will employ market neutral strategies by generally taking balanced long and short positions in North America equity securities combined with an index exposure, such that the Fund will maintain close to 50% net long equity exposure.
Portfolio Management
| Portfolio Manager |
Arrow Capital Management Inc. |
|---|---|
| Sub-Advisor |
East Coast Asset Management SEZC
|
Management and Organization
| Fund Manager |
Arrow Capital Management Inc. |
|---|---|
| Custodian |
TD Securities Inc. |
| Registrar |
RBC Investor Services Trust (Canada) |
| Distributor |
- |
Fees
| MER | 0.89% |
|---|---|
| Management Fee | 0.95% |
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