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Global X Equal Weight Canadian Pipelines Index ETF Class A (PPLN : TSX)
Energy Equity
FundGrade C
Click for more information on Fundata’s FundGrade.
|
Close (07-28-2026) |
$15.15 |
|---|---|
| Change |
-$0.06
(-0.39%)
|
| Open | $15.21 |
|---|---|
| Day Range | $15.06 - $15.31 |
| Volume | 29,528 |
As at June 30, 2026
As at June 30, 2026
Legend
Compare Options
Fund Returns
Inception Return (July 14, 2014): 7.64%
| 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 | 2.11% | 6.93% | 28.44% | 28.44% | 39.39% | 21.27% | 17.98% | 17.25% | 13.79% | 20.05% | 12.09% | 11.17% | 9.53% | 10.58% |
| Benchmark | -7.89% | -11.42% | 26.15% | 26.15% | 46.08% | 19.31% | 23.07% | 17.72% | 26.50% | 35.25% | 19.71% | 11.90% | 13.06% | 10.85% |
| Category Average | -4.83% | 20.60% | 20.60% | 20.60% | 34.60% | 17.62% | 17.70% | 15.00% | 17.77% | 22.95% | 12.71% | 7.28% | 7.75% | 6.05% |
| Category Rank | 1 / 67 | 1 / 67 | 5 / 65 | 5 / 65 | 19 / 64 | 7 / 61 | 34 / 60 | 17 / 49 | 46 / 47 | 34 / 45 | 26 / 42 | 9 / 42 | 21 / 41 | 4 / 39 |
| Quartile Ranking | 1 | 1 | 1 | 1 | 2 | 1 | 3 | 2 | 4 | 4 | 3 | 1 | 3 | 1 |
Monthly Return
| Return % | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.47% | 4.48% | 6.89% | -7.61% | 5.86% | -1.10% | 4.40% | 10.46% | 4.16% | 0.75% | 3.94% | 2.11% |
| Benchmark | 3.93% | 1.90% | 3.38% | -0.11% | 8.50% | -2.41% | 11.22% | 10.60% | 15.77% | 1.39% | -5.14% | -7.89% |
Best Monthly Return Since Inception
21.76% (April 2020)
Worst Monthly Return Since Inception
-39.11% (March 2020)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 39.01% | -2.17% | -12.07% | 20.48% | -17.96% | 34.59% | 15.94% | 9.09% | 17.36% | 3.52% |
| Benchmark | 39.64% | -10.61% | -26.57% | 9.75% | -34.64% | 85.18% | 54.02% | 4.14% | 14.91% | 17.31% |
| Category Average | 33.22% | -13.66% | -23.92% | 7.11% | -22.62% | 40.01% | 33.82% | 0.43% | 12.23% | 14.57% |
| Quartile Ranking | 2 | 1 | 1 | 1 | 1 | 3 | 4 | 1 | 2 | 4 |
| Category Rank | 12/ 38 | 7/ 39 | 6/ 41 | 1/ 42 | 1/ 45 | 30/ 46 | 47/ 47 | 2/ 49 | 22/ 60 | 62/ 62 |
Best Calendar Return (Last 10 years)
39.01% (2016)
Worst Calendar Return (Last 10 years)
-17.96% (2020)
Asset Allocation
| Name | Percent |
|---|---|
| Canadian Equity | 99.55 |
| Cash and Equivalents | 0.45 |
Sector Allocation
| Name | Percent |
|---|---|
| Energy | 99.56 |
| Cash and Cash Equivalent | 0.45 |
| Other | -0.01 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 100.00 |
Top Holdings
| Name | Percent |
|---|---|
| South Bow Corp | 20.66 |
| TC Energy Corp | 20.19 |
| Keyera Corp | 20.04 |
| Pembina Pipeline Corp | 19.68 |
| Enbridge Inc | 18.99 |
| Cash and Cash Equivalents | 0.45 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Global X Equal Weight Canadian Pipelines Index ETF Class A
Median
Other - Energy Equity
3 Yr Annualized
| Standard Deviation | 12.79% | 15.36% | 21.36% |
|---|---|---|---|
| Beta | 0.25% | 0.35% | 0.52% |
| Alpha | 0.12% | 0.05% | 0.04% |
| Rsquared | 0.17% | 0.35% | 0.63% |
| Sharpe | 1.09% | 0.73% | 0.50% |
| Sortino | 2.11% | 1.11% | 0.62% |
| Treynor | 0.56% | 0.32% | 0.21% |
| Tax Efficiency | 91.05% | 89.30% | 85.12% |
| Volatility |
|
|
|
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 15.73% | 12.79% | 15.36% | 21.36% |
| Beta | 0.29% | 0.25% | 0.35% | 0.52% |
| Alpha | 0.23% | 0.12% | 0.05% | 0.04% |
| Rsquared | 0.20% | 0.17% | 0.35% | 0.63% |
| Sharpe | 2.07% | 1.09% | 0.73% | 0.50% |
| Sortino | 3.99% | 2.11% | 1.11% | 0.62% |
| Treynor | 1.12% | 0.56% | 0.32% | 0.21% |
| Tax Efficiency | 94.13% | 91.05% | 89.30% | 85.12% |
Fund Details
| Start Date | July 14, 2014 |
|---|---|
| Instrument Type | Exchange Traded Fund |
| Share Class | Do-It-Yourself |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $125 |
| 52 Week High | $15.68 |
| 52 Week Low | $10.59 |
| Annual Dividend | $0.57 |
| Annual Yield | - |
| Index | Solactive Pipelines & Energy Services Index |
| 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
PPLN seeks to replicate, to the extent reasonably possible and net of expenses, the performance of an equal-weighted index designed to provide exposure to the largest Canadian Pipeline companies (currently, the Mirae Asset Equal Weight Canadian Pipeline Index).
Investment Strategy
To achieve PPLN’s investment objectives, PPLN invests and holds the equity securities of the Constituent Issuers in substantially the same proportion as its Underlying Index. PPLN's Underlying Index is ordinarily rebalanced on a quarterly basis at the close of trading on each Rebalancing Date. The Constituent Issuers of its Underlying Index will be weighted equally on each Rebalancing Date.
Portfolio Management
| Portfolio Manager |
Global X Investments Canada Inc. |
|---|---|
| Sub-Advisor |
- |
Management and Organization
| Fund Manager |
Global X Investments Canada Inc. |
|---|---|
| Custodian |
CIBC Mellon Trust Company |
| Registrar |
TSX Trust Company |
| Distributor |
- |
Fees
| MER | 0.74% |
|---|---|
| Management Fee | 0.25% |
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