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Evolve European Banks Enhanced Yield ETF - CAD Hedged Units
Financial Services Equity
Click for more information on Fundata’s FundGrade
FundGrade B
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Click for more information on Fundata’s ESG Grade
Fundata ESG Grade D
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FundGrade A+® Rating Recipient
2025, 2024
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|
NAVPS (06-19-2026) |
$16.74 |
|---|---|
| Change |
$0.01
(0.06%)
|
As at May 31, 2026
As at May 31, 2026
As at May 31, 2026
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Legend
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Fund Returns
Inception Return (January 07, 2022): 23.38%
| 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 | 4.87% | 2.42% | 12.12% | 6.02% | 33.16% | 34.66% | 36.37% | 29.18% | - | - | - | - | - | - |
| Benchmark | 1.41% | 0.96% | 3.76% | 2.19% | 15.52% | 21.09% | 23.39% | 17.28% | 13.48% | 16.41% | 12.02% | 10.86% | 10.47% | 11.64% |
| Category Average | 1.94% | 6.28% | 10.85% | 6.65% | 29.25% | 26.65% | 25.81% | 16.12% | 12.44% | 18.11% | 13.48% | 11.61% | 11.55% | 12.19% |
| Category Rank | 5 / 87 | 64 / 81 | 38 / 79 | 39 / 79 | 37 / 76 | 24 / 70 | 2 / 66 | 2 / 53 | - | - | - | - | - | - |
| Quartile Ranking | 1 | 4 | 2 | 2 | 2 | 2 | 1 | 1 | - | - | - | - | - | - |
Monthly Return
| Return % | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.76% | 6.17% | 0.17% | 4.19% | 1.24% | 5.06% | 5.76% | 3.81% | -0.28% | -8.72% | 6.99% | 4.87% |
| Benchmark | 2.54% | 2.04% | 2.63% | 2.45% | -0.72% | 1.94% | 1.54% | 0.52% | 0.70% | -5.11% | 4.92% | 1.41% |
Best Monthly Return Since Inception
11.46% (January 2023)
Worst Monthly Return Since Inception
-12.37% (March 2023)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | - | - | - | 21.92% | 27.38% | 61.91% |
| Benchmark | 6.34% | 15.24% | -4.99% | 19.43% | -5.24% | 22.05% | -5.68% | 13.41% | 31.42% | 21.57% |
| Category Average | 11.10% | 15.65% | -8.72% | 20.37% | 0.17% | 28.60% | -10.67% | 9.26% | 27.44% | 27.70% |
| Quartile Ranking | - | - | - | - | - | - | - | 1 | 3 | 1 |
| Category Rank | - | - | - | - | - | - | - | 2/ 59 | 38/ 68 | 2/ 71 |
Best Calendar Return (Last 10 years)
61.91% (2025)
Worst Calendar Return (Last 10 years)
21.92% (2023)
Asset Allocation
| Name | Percent |
|---|---|
| International Equity | 97.91 |
| Cash and Equivalents | 2.09 |
Sector Allocation
| Name | Percent |
|---|---|
| Financial Services | 99.09 |
| Cash and Cash Equivalent | 2.09 |
| Other | -1.18 |
Geographic Allocation
| Name | Percent |
|---|---|
| Europe | 99.50 |
| North America | 1.69 |
| Other | -1.19 |
Top Holdings
| Name | Percent |
|---|---|
| Erste Group Bank AG | 5.27 |
| Banco Bilbao Vizcaya Argentaria SA | 5.16 |
| Caixabank SA | 5.11 |
| UniCredit SpA | 5.07 |
| ING Groep NV | 5.06 |
| Swedbank AB Cl A | 5.04 |
| Natwest Group PLC | 5.02 |
| Standard Chartered PLC | 5.01 |
| HSBC Holdings PLC | 4.99 |
| DNB Bank ASA | 4.98 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Evolve European Banks Enhanced Yield ETF - CAD Hedged Units
Median
Other - Financial Services Equity
3 Yr Annualized
| Standard Deviation | 14.41% | - | - |
|---|---|---|---|
| Beta | 0.84 | - | - |
| Alpha | 0.14 | - | - |
| Rsquared | 0.35% | - | - |
| Sharpe | 2.00 | - | - |
| Sortino | 4.28 | - | - |
| Treynor | 0.34 | - | - |
| Tax Efficiency | 85.20% | - | - |
| Volatility |
|
- | - |
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 14.94% | 14.41% | - | - |
| Beta | 1.44 | 0.84 | - | - |
| Alpha | 0.09 | 0.14 | - | - |
| Rsquared | 0.66% | 0.35% | - | - |
| Sharpe | 1.85 | 2.00 | - | - |
| Sortino | 3.01 | 4.28 | - | - |
| Treynor | 0.19 | 0.34 | - | - |
| Tax Efficiency | 83.87% | 85.20% | - | - |
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 | 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 | 0.87% |
|---|---|
| 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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