SHHI ETF Analysis: Dividends, Returns TSX:SHHI

Analysis

Key stats

The ETF invests exclusively in Shopify Inc. (TSX: SHOP), while employing an active covered call writing strategy. SHOP is a leading global commerce company that provides trusted tools to start, grow, market, and manage a retail business of any size. The fund aims to provide long-term capital growth and high monthly cash distributions, using leverage up to 25% of portfolio assets and selling calls on up to half of the portfolio. The upside potential is capped based on the call options written and may result in a drag on the portfolio in a rising market. However, the downside risk is cushioned up to the amount of premiums received. The fund may hold cash, money market instruments, or other equivalents at any time, and use derivatives to reduce costs and increase trading liquidity and efficiency. The funds aggregate exposure, which includes the market value of securities sold short, any borrowing arrangements, and derivative positions, must not exceed 300%.

Classification

Returns

	1 month	3 months	Year to date	1 year	3 years	5 years
Price performance	—	—	—	—	—	—
NAV total return	—	—	—	—	—	—

Dividends

Dividend payout history

Assets under management (AUM)

Fund Flows

SHHI assets under management is ‪3.18 M‬ CAD. It's risen 79.57% over the last month.

SHHI fund flows account for ‪1.51 M‬ CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.

SHHI shares are issued by Ninepoint Financial Group, Inc. under the brand Ninepoint. The ETF was launched on Aug 22, 2025, and its management style is Active.

SHHI follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.

SHHI trades at a premium (0.31%) meaning the ETF is trading at a higher price than the calculated NAV.

Ninepoint Shopify HighShares ETF