Invesco S&P/TSX Canadian Dividend Aristocrats ESG Index ETF (TSX: ICAE)
Assets | 7.21M |
Expense Ratio | n/a |
PE Ratio | 16.08 |
Dividend (ttm) | 0.73 |
Dividend Yield | 3.53% |
Ex-Dividend Date | Apr 26, 2024 |
Payout Frequency | Monthly |
Payout Ratio | 56.75% |
1-Year Return | +5.68% |
Volume | 100 |
Open | 20.77 |
Previous Close | 20.66 |
Day's Range | 20.77 - 20.77 |
52-Week Low | 17.71 |
52-Week High | 20.77 |
Beta | n/a |
Holdings | 64 |
Inception Date | Feb 10, 2023 |
About ICAE
The fund is passively managed to provide an ESG tilt to a dividend portfolio of Canadian stocks. The index takes from a broader universe of large-, mid-, and small-cap TSX-listed securities that have consistently increasing dividends for at least five years. The index screens eligible companies based on their S&P DJI ESG scores. Securities with the lowest ESG scores are filtered out from the portfolio. The index further excludes companies involved in controversial business activities or are not compliant with the United Nations Global Compact principles, as determined by Sustainalytics. The resulting portfolio is weighted by market capitalization, subject to a single security capping of 8%. Sampling methodology is used to track the index, which rebalances annually. Index constituents are reviewed monthly based on dividend screens and quarterly for ESG criteria eligibility
Performance
ICAE had a total return of 5.68% in the past year. Since the fund's inception, the average annual return has been 7.21%, including dividends.
Top 10 Holdings
52.56% of assetsName | Symbol | Weight |
---|---|---|
Royal Bank of Canada | RY | 7.87% |
The Toronto-Dominion Bank | TD | 7.84% |
Enbridge Inc. | ENB | 6.19% |
Canadian National Railway Company | CNR | 5.79% |
Bank of Montreal | BMO | 5.33% |
Brookfield Corporation | BN | 4.62% |
The Bank of Nova Scotia | BNS | 4.58% |
Canadian Imperial Bank of Commerce | CM | 3.57% |
Manulife Financial Corporation | MFC | 3.39% |
Waste Connections, Inc. | WCN | 3.38% |
Dividend History
Ex-Dividend | Amount |
---|---|
Apr 26, 2024 | 0.063 CAD |
Mar 26, 2024 | 0.064 CAD |
Feb 27, 2024 | 0.064 CAD |
Jan 29, 2024 | 0.061 CAD |
Dec 27, 2023 | 0.061 CAD |
Nov 28, 2023 | 0.062 CAD |