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Evolve Innovation Index Fund - Hedged ETF Units (EDGE : TSX)
Global Equity
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FundGrade C
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FundGrade A+® Rating Recipient
2021
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|
Close (07-28-2026) |
$49.07 |
|---|---|
| Change |
-$0.14
(-0.28%)
|
| Open | $49.06 |
|---|---|
| Day Range | $49.06 - $49.14 |
| Volume | 280 |
As at June 30, 2026
As at June 30, 2026
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Legend
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Fund Returns
Inception Return (April 30, 2018): 12.71%
| 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 | -0.20% | 30.73% | 20.36% | 20.36% | 22.27% | 21.16% | 18.35% | 16.47% | 5.61% | 13.04% | 14.07% | 12.63% | - | - |
| Benchmark | 2.20% | 16.97% | 15.58% | 15.58% | 29.04% | 22.33% | 22.51% | 21.79% | 13.88% | 16.04% | 14.53% | 13.24% | 13.18% | 13.83% |
| Category Average | 2.04% | 11.03% | 11.03% | 11.03% | 19.73% | 16.29% | 16.59% | 16.42% | 9.66% | 12.40% | 10.94% | 10.03% | 9.90% | 10.43% |
| Category Rank | 2,062 / 2,196 | 58 / 2,177 | 149 / 2,142 | 149 / 2,142 | 895 / 2,096 | 410 / 1,982 | 681 / 1,858 | 932 / 1,754 | 1,423 / 1,589 | 666 / 1,463 | 185 / 1,402 | 153 / 1,244 | - | - |
| Quartile Ranking | 4 | 1 | 1 | 1 | 2 | 1 | 2 | 3 | 4 | 2 | 1 | 1 | - | - |
Monthly Return
| Return % | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -0.46% | 1.09% | 5.10% | 4.40% | -5.43% | -2.71% | -1.65% | -3.71% | -2.78% | 13.14% | 15.78% | -0.20% |
| Benchmark | 2.87% | 1.95% | 4.75% | 2.78% | -0.21% | -0.91% | 2.09% | 2.25% | -5.34% | 7.58% | 6.39% | 2.20% |
Best Monthly Return Since Inception
15.78% (May 2026)
Worst Monthly Return Since Inception
-11.96% (March 2020)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | 32.58% | 55.49% | 12.16% | -33.39% | 25.63% | 16.59% | 12.16% |
| Benchmark | 5.18% | 16.29% | -1.79% | 21.41% | 13.15% | 17.62% | -12.64% | 19.37% | 26.84% | 16.60% |
| Category Average | 3.86% | 14.23% | -5.38% | 19.94% | 11.73% | 16.21% | -13.86% | 15.08% | 20.13% | 12.89% |
| Quartile Ranking | - | - | - | 1 | 1 | 4 | 4 | 1 | 3 | 3 |
| Category Rank | - | - | - | 36/ 1,355 | 39/ 1,435 | 1,263/ 1,528 | 1,626/ 1,680 | 122/ 1,809 | 1,435/ 1,920 | 1,096/ 2,033 |
Best Calendar Return (Last 10 years)
55.49% (2020)
Worst Calendar Return (Last 10 years)
-33.39% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| US Equity | 68.97 |
| International Equity | 28.12 |
| Canadian Equity | 1.45 |
| Cash and Equivalents | 1.42 |
| Derivatives | 0.02 |
| Other | 0.02 |
Sector Allocation
| Name | Percent |
|---|---|
| Technology | 59.09 |
| Healthcare | 9.09 |
| Consumer Goods | 8.01 |
| Financial Services | 6.22 |
| Telecommunications | 5.48 |
| Other | 12.11 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 71.84 |
| Asia | 18.33 |
| Europe | 9.05 |
| Africa and Middle East | 0.76 |
| Latin America | 0.02 |
Top Holdings
| Name | Percent |
|---|---|
| Evolve Cyber Security Index Fund Hdg (CYBR) | 14.68 |
| Evolve Cloud Computing Index Fund Hgd ETF (DATA) | 13.78 |
| Evolve Automobile Innovation Index Fund Hdg (CARS) | 11.31 |
| Evolve E-Gaming Index ETF Hedged (HERO) | 9.59 |
| Qualcomm Inc | 2.89 |
| Advanced Micro Devices Inc | 2.40 |
| ARM Holdings PLC - ADR | 2.33 |
| Intel Corp | 2.28 |
| Marvell Technology Inc | 2.24 |
| Palo Alto Networks Inc | 2.21 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Evolve Innovation Index Fund - Hedged ETF Units
Median
Other - Global Equity
3 Yr Annualized
| Standard Deviation | 18.80% | 19.92% | - |
|---|---|---|---|
| Beta | 1.43% | 1.40% | - |
| Alpha | -0.11% | -0.12% | - |
| Rsquared | 0.67% | 0.73% | - |
| Sharpe | 0.80% | 0.22% | - |
| Sortino | 1.65% | 0.34% | - |
| Treynor | 0.11% | 0.03% | - |
| Tax Efficiency | 99.15% | 98.44% | - |
| Volatility |
|
|
- |
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 23.05% | 18.80% | 19.92% | - |
| Beta | 1.54% | 1.43% | 1.40% | - |
| Alpha | -0.18% | -0.11% | -0.12% | - |
| Rsquared | 0.61% | 0.67% | 0.73% | - |
| Sharpe | 0.88% | 0.80% | 0.22% | - |
| Sortino | 2.34% | 1.65% | 0.34% | - |
| Treynor | 0.13% | 0.11% | 0.03% | - |
| Tax Efficiency | 99.11% | 99.15% | 98.44% | - |
Fund Details
| Start Date | April 30, 2018 |
|---|---|
| Instrument Type | Exchange Traded Fund |
| Share Class | Do-It-Yourself |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Quarterly |
| Assets ($mil) | $34 |
| 52 Week High | $53.85 |
| 52 Week Low | $38.87 |
| Annual Dividend | $0.43 |
| Annual Yield | - |
| Index | Solactive Global Innovation 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
EDGE seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the Solactive Global Innovation Index, or any successor thereto (the “EDGE Index”). EDGE directly or indirectly invests in equity securities of companies located domestically or internationally that are involved in innovative and disruptive trends across a broad range of industries.
Investment Strategy
In order to achieve its investment objective, the Fund seeks to hold the constituent securities of the applicable Index in approximately the same proportion as they are reflected in the Index. Alternatively, employ a sampling strategy whereby the fund holds a portfolio of securities that closely matches the aggregate investment of the securities included in the Index
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 |
- |
Fees
| MER | 0.67% |
|---|---|
| Management Fee | 0.40% |
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