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META (META) Yield Shares Purpose ETF - ETF Shares (YMET : NEO)

Alternative Equity Focus

Close
(02-11-2025)
$25.32
Change
$0.09 (0.36%)
Open $25.15
Day Range $25.15 - $25.41
Volume 4,579

As at January 31, 2025

As at January 31, 2025

Period
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Legend

META (META) Yield Shares Purpose ETF - ETF Shares

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Fund Returns

Inception Return (November 05, 2024): 21.32%

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 19.85% - - 19.85% - - - - - - - - - -
Benchmark 3.48% 6.47% 12.11% 3.48% 25.19% 14.44% 9.97% 13.55% 11.45% 12.03% 10.30% 9.84% 11.29% 8.96%
Category Average 2.32% 5.98% 5.98% 2.32% 15.39% 11.23% 6.67% 8.66% 8.07% - - - - -
Category Rank 1 / 239 - - 1 / 239 - - - - - - - - - -
Quartile Ranking 1 - - 1 - - - - - - - - - -

Monthly Return

Monthly Return
Return % Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan
Fund - - - - - - - - - - 1.26% 19.85%
Benchmark 1.82% 4.14% -1.82% 2.77% -1.42% 5.87% 1.22% 3.15% 0.85% 6.37% -3.27% 3.48%

Best Monthly Return Since Inception

19.85% (January 2025)

Worst Monthly Return Since Inception

-0.03% (November 2024)

Calendar Return (%)

Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund - - - - - - - - - -
Benchmark -8.32% 21.08% 9.10% -8.89% 22.88% 5.60% 25.09% -5.84% 11.75% 21.65%
Category Average - - - - - 5.11% 17.27% -5.96% 6.54% 16.58%
Quartile Ranking - - - - - - - - - -
Category Rank - - - - - - - - - -

Best Calendar Return (Last 10 years)

-

Worst Calendar Return (Last 10 years)

-

Asset Allocation

Asset Allocation
Name Percent
US Equity 121.40
Cash and Equivalents -21.40

Sector Allocation

Sector Allocation
Name Percent
Technology 124.58
Cash and Cash Equivalent -21.40
Other -3.18

Geographic Allocation

Geographic Allocation
Name Percent
North America 100.00

Top Holdings

Top Holdings
Name Percent
Meta Platforms Inc Cl A 124.58
United States Dollar 0.30
Canadian Dollar -0.93
META US -3.18
National Leverage -20.77

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 - - - -
Beta - - - -
Alpha - - - -
Rsquared - - - -
Sharpe - - - -
Sortino - - - -
Treynor - - - -
Tax Efficiency - - - -

Fund Details

Start Date November 05, 2024
Instrument Type Exchange Traded Fund (Alternative)
Share Class Do-It-Yourself
Legal Status -
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) -
52 Week High $25.41
52 Week Low $19.47
Annual Dividend $0.48
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

Yield Shares Purpose ETF seeks to provide unitholders with (i) long-term capital appreciation through purchasing and holding common stock of META, including by using leverage through cash borrowing to purchase common stock of META and (ii) distributions by writing covered call options and/or cash covered put options on a portion of the fund’s portfolio.

Investment Strategy

In order to achieve its investment objectives, META (META) Yield Shares Purpose ETF will purchase and hold up to 100% of its total assets (including assets acquired with borrowings) in common stock of META.

Portfolio Manager(s)

Name Start Date
Purpose Investments Inc. 10-23-2024

Management and Organization

Fund Manager Purpose Investments Inc.
Advisor Purpose Investments Inc.
Custodian CIBC Mellon Trust Company
Registrar TSX Trust Company
Distributor -
Auditor Ernst & Young LLP

Fees

MER -
Management Fee 0.40%

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