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CIBC Clean Energy Index ETF (CCLN : NEO)

North American Equity

FundGrade E Click for more information on Fundata’s FundGrade

FundGrade E

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

Fundata ESG Grade E

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Close
(11-11-2024)
$8.29
Change
$0.16 (1.97%)
Open $8.26
Day Range $8.26 - $8.28
Volume 868

As at October 31, 2024

As at September 30, 2024

As at July 31, 2024

Period
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Legend

CIBC Clean Energy Index ETF

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Fund Returns

Inception Return (November 16, 2021): -26.91%

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 -2.67% -6.54% 5.11% -18.30% -5.04% -27.23% - - - - - - - -
Benchmark 1.48% 4.89% 14.28% 22.79% 35.36% 19.86% 10.81% 16.61% 14.04% 14.02% 12.36% 12.72% 12.42% 11.99%
Category Average 0.24% 10.23% 10.23% 16.39% 31.26% 16.88% 5.60% 12.08% 11.01% 10.64% 9.25% 9.65% 8.68% 8.65%
Category Rank 186 / 186 182 / 182 180 / 181 181 / 181 181 / 181 174 / 174 - - - - - - - -
Quartile Ranking 4 4 4 4 4 4 - - - - - - - -

Monthly Return

Monthly Return
Return % Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct
Fund 3.57% 12.22% -15.15% 0.85% -1.08% -8.17% 16.18% -10.15% 7.74% -6.14% 2.30% -2.67%
Benchmark 7.17% 2.86% 1.77% 4.26% 3.60% -2.26% 3.45% 1.28% 4.00% 0.64% 2.69% 1.48%

Best Monthly Return Since Inception

21.63% (July 2022)

Worst Monthly Return Since Inception

-18.49% (April 2022)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - - - - - - -23.33% -22.11%
Benchmark 17.31% 5.50% 14.85% 11.54% -2.58% 24.09% 10.91% 26.72% -9.17% 17.51%
Category Average 14.45% 6.38% 4.55% 10.59% -6.12% 20.45% 16.55% 18.87% -14.77% 16.96%
Quartile Ranking - - - - - - - - 4 4
Category Rank - - - - - - - - 132/ 147 174/ 174

Best Calendar Return (Last 10 years)

-22.11% (2023)

Worst Calendar Return (Last 10 years)

-23.33% (2022)

Asset Allocation

Asset Allocation
Name Percent
US Equity 77.51
Canadian Equity 9.69
Income Trust Units 7.96
International Equity 4.72
Cash and Equivalents 0.11
Other 0.01

Sector Allocation

Sector Allocation
Name Percent
Utilities 25.62
Energy 23.89
Consumer Goods 15.77
Technology 7.70
Real Estate 6.64
Other 20.38

Geographic Allocation

Geographic Allocation
Name Percent
North America 90.13
Latin America 5.15
Multi-National 1.50
Other 3.22

Top Holdings

Top Holdings
Name Percent
Tesla Inc 5.51
Albemarle Corp 5.50
First Solar Inc 5.34
Brookfield Renewable Partners LP - Units 5.15
Itron Inc 4.90
Northland Power Inc 4.87
Nextracker Inc Cl A 4.82
Ormat Technologies Inc 4.69
Enphase Energy Inc 4.64
Darling Ingredients Inc 4.50

Equity Style

Market capitalization is medium. 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 31.94% - - -
Beta 2.14% - - -
Alpha -0.67% - - -
Rsquared 0.29% - - -
Sharpe -0.16% - - -
Sortino -0.16% - - -
Treynor -0.02% - - -
Tax Efficiency - - - -

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 November 16, 2021
Instrument Type Exchange Traded Fund (Responsible Investment)
Share Class Do-It-Yourself
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) -
52 Week High $10.36
52 Week Low $7.43
Annual Dividend -
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

CIBC Clean Energy Index ETF seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of a clean energy index. Currently, this ETF seeks to track the CIBC Atlas Clean Energy Select Index (or any successor thereto).

Investment Strategy

In order to achieve their investment objectives and to obtain exposure to the Constituent Securities of the applicable Index, the CIBC Clean Energy Index ETF invest in and hold the Constituent Securities of the CIBC Atlas Clean Energy Select Index in approximately the same proportion as they are reflected in that Index or otherwise invest in a manner intended to track the performance of such Index.

Portfolio Manager(s)

Name Start Date
CIBC Asset Management Inc. 10-12-2021

Management and Organization

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

Fees

MER 0.38%
Management Fee 0.35%

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