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iShares US Fundamental Index ETF - Hedged Units (CLU : NEO)
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 C
Click for more information on Fundata’s ESG Grade.
|
Close (07-28-2026) |
$68.30 |
|---|---|
| Change |
$0.53
(0.78%)
|
| Open | $68.30 |
|---|---|
| Day Range | $68.30 - $68.30 |
| Volume | 114 |
As at June 30, 2026
As at June 30, 2026
As at June 30, 2026
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Fund Returns
Inception Return (September 08, 2006): 7.94%
| 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 | 0.41% | 9.02% | 10.86% | 10.86% | 21.36% | 15.75% | 15.87% | 14.55% | 9.83% | 15.45% | 11.92% | 10.80% | 10.65% | 11.10% |
| Benchmark | 2.01% | 17.44% | 14.26% | 14.26% | 27.41% | 20.94% | 23.49% | 23.34% | 16.55% | 18.39% | 17.45% | 16.46% | 16.41% | 16.61% |
| Category Average | 2.16% | 11.65% | 11.65% | 11.65% | 20.75% | 15.58% | 18.15% | 18.04% | 11.53% | 14.43% | 13.05% | 12.30% | 12.33% | 12.57% |
| Category Rank | 1,147 / 1,400 | 1,211 / 1,386 | 726 / 1,367 | 726 / 1,367 | 642 / 1,329 | 604 / 1,239 | 821 / 1,179 | 885 / 1,132 | 782 / 1,076 | 426 / 1,010 | 672 / 969 | 660 / 883 | 626 / 825 | 569 / 748 |
| Quartile Ranking | 4 | 4 | 3 | 3 | 2 | 2 | 3 | 4 | 3 | 2 | 3 | 3 | 4 | 4 |
Monthly Return
| Return % | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.37% | 3.81% | 2.03% | 0.49% | 2.32% | 0.14% | 3.83% | 2.22% | -4.19% | 6.62% | 1.83% | 0.41% |
| Benchmark | 3.75% | 1.28% | 5.00% | 3.05% | -0.03% | -1.89% | 0.38% | -0.17% | -2.91% | 8.00% | 6.61% | 2.01% |
Best Monthly Return Since Inception
17.03% (April 2009)
Worst Monthly Return Since Inception
-19.84% (October 2008)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 15.64% | 14.54% | -10.45% | 24.96% | 4.36% | 29.60% | -9.32% | 13.36% | 14.78% | 13.87% |
| 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 | 1 | 2 | 4 | 2 | 4 | 1 | 1 | 4 | 4 | 1 |
| Category Rank | 26/ 688 | 344/ 766 | 787/ 851 | 393/ 914 | 828/ 981 | 103/ 1,044 | 236/ 1,087 | 932/ 1,142 | 1,132/ 1,218 | 153/ 1,258 |
Best Calendar Return (Last 10 years)
29.60% (2021)
Worst Calendar Return (Last 10 years)
-10.45% (2018)
Asset Allocation
| Name | Percent |
|---|---|
| US Equity | 95.93 |
| International Equity | 4.03 |
| Canadian Equity | 0.04 |
Sector Allocation
| Name | Percent |
|---|---|
| Technology | 19.87 |
| Financial Services | 18.97 |
| Healthcare | 12.08 |
| Consumer Services | 9.66 |
| Consumer Goods | 7.79 |
| Other | 31.63 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 95.97 |
| Europe | 3.19 |
| Latin America | 0.55 |
| Asia | 0.22 |
| Africa and Middle East | 0.07 |
Top Holdings
| Name | Percent |
|---|---|
| Amazon.com Inc | 2.46 |
| Apple Inc | 2.31 |
| Microsoft Corp | 2.22 |
| JPMorgan Chase & Co | 2.11 |
| Intel Corp | 1.84 |
| UnitedHealth Group Inc | 1.67 |
| Berkshire Hathaway Inc Cl B | 1.67 |
| Exxon Mobil Corp | 1.45 |
| Bank of America Corp | 1.30 |
| Citigroup Inc | 1.20 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
iShares US Fundamental Index ETF - Hedged Units
Median
Other - U.S. Equity
3 Yr Annualized
| Standard Deviation | 11.95% | 14.79% | 15.88% |
|---|---|---|---|
| Beta | 0.73% | 0.88% | 1.01% |
| Alpha | 0.00% | -0.04% | -0.05% |
| Rsquared | 0.53% | 0.66% | 0.66% |
| Sharpe | 1.00% | 0.51% | 0.62% |
| Sortino | 1.81% | 0.78% | 0.81% |
| Treynor | 0.17% | 0.09% | 0.10% |
| Tax Efficiency | 96.39% | 94.49% | 94.62% |
| Volatility |
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|
|
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 9.10% | 11.95% | 14.79% | 15.88% |
| Beta | 0.45% | 0.73% | 0.88% | 1.01% |
| Alpha | 0.09% | 0.00% | -0.04% | -0.05% |
| Rsquared | 0.33% | 0.53% | 0.66% | 0.66% |
| Sharpe | 1.93% | 1.00% | 0.51% | 0.62% |
| Sortino | 3.81% | 1.81% | 0.78% | 0.81% |
| Treynor | 0.39% | 0.17% | 0.09% | 0.10% |
| Tax Efficiency | 97.25% | 96.39% | 94.49% | 94.62% |
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 | September 08, 2006 |
|---|---|
| Instrument Type | Exchange Traded Fund |
| Share Class | Do-It-Yourself |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Quarterly |
| Assets ($mil) | $113 |
| 52 Week High | $68.30 |
| 52 Week Low | $54.50 |
| Annual Dividend | $0.83 |
| Annual Yield | - |
| Index | FTSE RAFI US 1000 Index CAD Hedged |
| Shares Outstanding | - |
| Registered Plan Eligible | Yes |
ETF Characteristics
| Exposure | 1x performance |
|---|---|
| Asset Class High | - |
| Asset Class Medium | - |
| Asset Class Low | - |
| Leveraged | - |
| Inverse | - |
| Advisor Series | - |
| Covered Call Strategy | No |
Investment Objectives
CLU has been designed to replicate, to the extent possible, the performance of the FTSE RAFI US 1000 Canadian Dollar Hedged Index, with respect to the Hedged Units, and FTSE RAFI US 1000 Index, with respect to the Non- Hedged Units, net of expenses. Under normal market conditions, CLU will primarily invest in securities of one or more iShares ETFs and/or U.S. equity securities.
Investment Strategy
CLU's current principal investment strategy is to employ a Replicating Strategy. In addition to or as an alternative to this strategy, CLU may invest by employing a Sampling Strategy, by investing in one or more iShares ETFs and/or through the use of derivatives. CLU employs a Currency Hedging Strategy with respect to U.S. dollar currency exposure of the Hedged Units only.
Portfolio Management
| Portfolio Manager |
BlackRock Asset Management Canada Limited |
|---|---|
| Sub-Advisor |
BlackRock Institutional Trust Company, N.A.
|
Management and Organization
| Fund Manager |
BlackRock Asset Management Canada Limited |
|---|---|
| Custodian |
State Street Trust Company Canada |
| Registrar |
State Street Trust Company Canada |
| Distributor |
- |
Fees
| MER | 0.72% |
|---|---|
| Management Fee | 0.65% |
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