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Evolve European Banks Enhanced Yield ETF - CAD Hedged Units

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Financial Services Equity

FundGrade A Click for more information on Fundata’s FundGrade

FundGrade A

Click for more information on Fundata’s FundGrade.

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

Fundata ESG Grade A

Click for more information on Fundata’s ESG Grade.

FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2024

Click for more information on Fundata’s FundGrade

NAVPS
(05-29-2025) 		$13.61
Change
$0.04 (0.27%)

As at April 30, 2025

As at April 30, 2025

As at April 30, 2025

Period
Created with Highcharts 10.3.3Apr 2022Jul 2022Oct 2022Jan 2023Apr 2023Jul 2023Oct 2023Jan 2024Apr 2024Jul 2024Oct 2024Jan 2025Jul 2022Jan 2023Jul 2023Jan 2024Jul 2024Jan 2025$10,000$20,000$7,500$12,500$15,000$17,500$22,500Period

Legend

Evolve European Banks Enhanced Yield ETF - CAD Hedged Units

Compare Options

Fund Returns

Inception Return (January 07, 2022): 18.46%

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 -0.48% 9.94% 21.93% 19.47% 32.09% 31.88% 27.65% - - - - - - -
Benchmark -2.87% -3.03% 7.87% 2.81% 25.19% 22.25% 15.98% 12.26% 15.74% 9.87% 9.22% 9.14% 11.20% 9.35%
Category Average -0.87% -4.68% 4.19% -0.51% 20.65% 17.77% 10.84% 7.90% 15.27% 9.02% 8.30% 8.57% 10.16% 8.67%
Category Rank 44 / 79 2 / 77 2 / 75 2 / 76 3 / 75 2 / 72 2 / 59 - - - - - - -
Quartile Ranking 3 1 1 1 1 1 1 - - - - - - -

Monthly Return

Created with Highcharts 10.3.3-5%0%5%10%15%
Monthly Return
Return % May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr
Fund 4.67% -4.14% 6.82% -1.10% 0.06% 2.14% -1.70% 3.82% 8.67% 10.53% -0.05% -0.48%
Benchmark 3.17% -0.07% 6.67% 1.09% 2.08% 2.26% 6.63% -1.59% 6.02% 1.62% -1.76% -2.87%

Best Monthly Return Since Inception

11.46% (January 2023)

Worst Monthly Return Since Inception

-12.37% (March 2023)

Calendar Return (%)

Created with Highcharts 10.3.3-10%0%10%20%30%40%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund - - - - - - - - 21.92% 27.38%
Benchmark 14.20% 6.34% 15.24% -4.99% 19.43% -5.24% 22.05% -5.68% 13.41% 31.42%
Category Average 6.19% 11.10% 15.65% -8.72% 20.37% 0.17% 28.60% -10.67% 9.26% 27.44%
Quartile Ranking - - - - - - - - 1 3
Category Rank - - - - - - - - 2/ 65 40/ 74

Best Calendar Return (Last 10 years)

27.38% (2024)

Worst Calendar Return (Last 10 years)

21.92% (2023)

Asset Allocation

Asset Allocation
Name Percent
International Equity 97.52
Cash and Equivalents 2.49
Other -0.01

Sector Allocation

Sector Allocation
Name Percent
Financial Services 98.20
Cash and Cash Equivalent 2.48
Other -0.68

Geographic Allocation

Geographic Allocation
Name Percent
Europe 97.60
North America 2.41
Other -0.01

Top Holdings

Top Holdings
Name Percent
Societe Generale SA 6.56
Lloyds Banking Group PLC 5.25
Banco Santander SA 5.14
UniCredit SpA 5.06
Caixabank SA 5.03
Credit Agricole SA 4.97
BNP Paribas SA 4.96
KBC Groep NV 4.93
DNB Bank ASA 4.92
Danske Bank A/S 4.91

Equity Style

Market capitalization is large. Equity style is blend.

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return141516171819202122232425262728293031-10%0%10%20%30%40%

Evolve European Banks Enhanced Yield ETF - CAD Hedged Units

Median

Other - Financial Services Equity

3 Yr Annualized

Standard Deviation 18.16% - -
Beta 0.92% - -
Alpha 0.12% - -
Rsquared 0.48% - -
Sharpe 1.23% - -
Sortino 2.22% - -
Treynor 0.24% - -
Tax Efficiency - - -
Volatility Volatility rating is 10 on a scale of 1 to 10 - -

Risk Rating

Rating 10 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 15.62% 18.16% - -
Beta 0.52% 0.92% - -
Alpha 0.17% 0.12% - -
Rsquared 0.14% 0.48% - -
Sharpe 1.63% 1.23% - -
Sortino 5.19% 2.22% - -
Treynor 0.49% 0.24% - -
Tax Efficiency 79.06% - - -

Fundata ESG Metrics

Fundata ESG Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A94.1​94.169.7​69.70%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: A93.6​93.662.5​62.50%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: A97.7​97.776.4​76.40%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: A87.7​87.777.9​77.90%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 07, 2022
Instrument Type Exchange Traded Fund
Share Class Do-It-Yourself
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) -

Fund Codes

FundServ Code Load Code Sales Status
N/A

Investment Objectives

EBNK seeks to replicate, to the extent reasonably possible before fees and expenses, the performance of the Solactive European Bank Top 20 Equal Weight Index Canadian Dollar Hedged, or any successor thereto, while mitigating downside risk.

Investment Strategy

EBNK invests primarily in the equity constituents of the Solactive European Bank Top 20 Equal Weight Index Canadian Dollar Hedged, or any successor thereto, while writing covered call options on up to 33% of the portfolio securities, at the discretion of the Manager.

Portfolio Management

Portfolio Manager

Evolve Funds Group Inc.
Sub-Advisor

-

Management and Organization

Fund Manager

Evolve Funds Group Inc.
Custodian

CIBC Mellon Trust Company
Registrar

TSX Trust Company
Distributor

-

Investment Minimums

RSP Eligible Yes
PAC Allowed No
PAC Initial Investment -
PAC Subsequent -
SWP Allowed No
SWP Min Balance -
SWP Min Withdrawal -

Fees

MER 0.63%
Management Fee 0.60%
Load No Load
FE Max -
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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