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Dynamic Active Enhanced Yield Covered Options ETF
North American Equity
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FundGrade A
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Click for more information on Fundata’s ESG Grade
Fundata ESG Grade B
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FundGrade A+® Rating Recipient
2025
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|
NAVPS (09-18-2026) |
$28.36 |
|---|---|
| Change |
$0.11
(0.40%)
|
As at August 31, 2026
As at June 30, 2026
As at August 31, 2026
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Legend
Compare Options
Fund Returns
Inception Return (September 20, 2022): 17.03%
| 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 | 0.93% | 2.11% | 9.02% | 9.17% | 14.97% | 16.08% | 15.96% | - | - | - | - | - | - | - |
| Benchmark | 2.31% | 3.53% | 10.50% | 15.37% | 25.82% | 23.90% | 23.55% | 21.10% | 15.24% | 17.22% | 16.40% | 14.86% | 15.13% | 14.53% |
| Category Average | -0.36% | 2.42% | 5.72% | 9.66% | 11.48% | 11.35% | 14.07% | 13.32% | 7.76% | 10.86% | 10.69% | 9.48% | 10.13% | 9.74% |
| Category Rank | 82 / 189 | 139 / 189 | 78 / 186 | 108 / 186 | 88 / 182 | 68 / 181 | 104 / 174 | - | - | - | - | - | - | - |
| Quartile Ranking | 2 | 3 | 2 | 3 | 2 | 2 | 3 | - | - | - | - | - | - | - |
Monthly Return
| Return % | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 3.09% | 2.60% | 0.33% | -0.75% | 0.18% | -0.04% | -0.72% | 4.25% | 3.16% | 1.31% | -0.14% | 0.93% |
| Benchmark | 5.20% | 2.01% | 1.91% | -0.28% | 0.61% | 3.77% | -3.61% | 5.90% | 4.56% | 1.25% | -0.06% | 2.31% |
Best Monthly Return Since Inception
6.53% (May 2025)
Worst Monthly Return Since Inception
-4.19% (March 2025)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | - | - | - | 19.72% | 21.47% | 12.94% |
| Benchmark | 14.85% | 11.54% | -2.58% | 24.09% | 10.91% | 26.72% | -9.17% | 17.51% | 28.77% | 21.74% |
| Category Average | 4.55% | 10.59% | -6.12% | 20.45% | 16.55% | 18.87% | -14.77% | 16.96% | 18.75% | 8.61% |
| Quartile Ranking | - | - | - | - | - | - | - | 2 | 3 | 2 |
| Category Rank | - | - | - | - | - | - | - | 45/ 171 | 95/ 174 | 64/ 182 |
Best Calendar Return (Last 10 years)
21.47% (2024)
Worst Calendar Return (Last 10 years)
12.94% (2025)
Asset Allocation
| Name | Percent |
|---|---|
| Cash and Equivalents | 74.69 |
| US Equity | 19.03 |
| International Equity | 4.88 |
| Canadian Equity | 1.40 |
Sector Allocation
| Name | Percent |
|---|---|
| Cash and Cash Equivalent | 74.69 |
| Technology | 12.11 |
| Industrial Goods | 4.32 |
| Consumer Services | 4.22 |
| Healthcare | 3.07 |
| Other | 1.59 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 95.12 |
| Europe | 3.04 |
| Asia | 1.84 |
Top Holdings
| Name | Percent |
|---|---|
| Cash and Cash Equivalents | 64.91 |
| Option RBC Options Cash Collateral CAD | 6.31 |
| NVIDIA Corp | 4.26 |
| Amazon.com Inc | 4.13 |
| Microsoft Corp | 2.06 |
| Eaton Corp PLC | 1.96 |
| Thermo Fisher Scientific Inc | 1.95 |
| Option BMO Nesbitt Burns Options Cash Collateral CAD | 1.72 |
| Taiwan Semiconductor Manufactrg Co Ltd - ADR | 1.68 |
| Alphabet Inc Cl A | 1.45 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Dynamic Active Enhanced Yield Covered Options ETF
Median
Other - North American Equity
3 Yr Annualized
| Standard Deviation | 7.70% | - | - |
|---|---|---|---|
| Beta | 0.62 | - | - |
| Alpha | 0.02 | - | - |
| Rsquared | 0.67% | - | - |
| Sharpe | 1.53 | - | - |
| Sortino | 3.42 | - | - |
| Treynor | 0.19 | - | - |
| Tax Efficiency | - | - | - |
| Volatility |
|
- | - |
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 5.85% | 7.70% | - | - |
| Beta | 0.51 | 0.62 | - | - |
| Alpha | 0.02 | 0.02 | - | - |
| Rsquared | 0.65% | 0.67% | - | - |
| Sharpe | 2.04 | 1.53 | - | - |
| Sortino | 7.57 | 3.42 | - | - |
| Treynor | 0.23 | 0.19 | - | - |
| Tax Efficiency | 76.62% | - | - | - |
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 20, 2022 |
|---|---|
| Instrument Type | Exchange Traded Fund |
| Share Class | Do-It-Yourself |
| Legal Status | - |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $819 |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| N/A | ||
Investment Objectives
DXQ seeks to achieve long-term capital appreciation by investing in equity securities and writing covered put and covered call options, which generate premiums.
Investment Strategy
In seeking to achieve its investment objectives, the portfolio adviser will invest primarily in a concentrated portfolio of North American equity securities issued by large corporations measured by market capitalization. The portfolio adviser will write cash-covered put and/or covered call options on these securities, which generate premiums. The portfolio adviser selects investments using fundamental analysis including but not limited to the company's financial condition, quality of management,
Portfolio Management
| Portfolio Manager |
1832 Asset Management L.P.
|
|---|---|
| Sub-Advisor |
- |
Management and Organization
| Fund Manager |
1832 Asset Management L.P. |
|---|---|
| Custodian |
- |
| Registrar |
- |
| Distributor |
- |
Investment Minimums
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | - |
| PAC Subsequent | - |
| SWP Allowed | No |
| SWP Min Balance | - |
| SWP Min Withdrawal | - |
Fees
| MER | 0.71% |
|---|---|
| Management Fee | 0.65% |
| 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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