Wealthsimple North America Socially Responsible Index ETFWealthsimple North America Socially Responsible Index ETFWealthsimple North America Socially Responsible Index ETF

Wealthsimple North America Socially Responsible Index ETF

No trades
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Key stats


Assets under management (AUM)
‪914.97 M‬CAD
Fund flows (1Y)
‪109.95 M‬CAD
Dividend yield (indicated)
1.15%
Discount/Premium to NAV
0.01%
Shares outstanding
‪19.40 M‬
Expense ratio
0.24%

About Wealthsimple North America Socially Responsible Index ETF


Brand
Mackenzie
Inception date
Jun 16, 2020
Structure
Canadian Mutual Fund Corporation (ON)
Index tracked
Solactive Wealthsimple North America Socially Responsible Factor Index - CAD
Management style
Passive
Dividend treatment
Distributes
Primary advisor
Mackenzie Financial Corp.
ISIN
CA94701L1085
The fund is an index tracking fund, where individual components are selected from the Solactive GBS North America Large & mid-cap Index . The investment objective is to screen out companies with poor ESG values from a universe of mid- to large-cap stocks within the North American equities space. The surviving universe is then scored using a multi-factor criteria (average of the individual momentum, value, and quality scores) and a carbon intensity criteria. Companies that fall under the bottom quartile of both criteria are excluded and the rest are included in the underlying index. Each component is weighted using their inverse-volatility over the three-year period on an individual basis and on a sector basis. Individual weights are capped at 2%, while country weights are capped at 30% each. Rebalancing is done quarterly.

Broaden your horizons with more funds linked to WSRI via country, focus, and more.

Classification


Asset Class
Equity
Category
Size and style
Focus
Total market
Niche
Broad-based
Strategy
Multi-factor
Geography
North America
Weighting scheme
Volatility
Selection criteria
Multi-factor
What's in the fund
Exposure type
StocksBonds, Cash & Other
Finance
Consumer Non-Durables
Health Technology
Stock breakdown by region
97%2%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
WSRI trades at 47.40 CAD today, its price has risen 0.17% in the past 24 hours. Track more dynamics on WSRI price chart.
WSRI net asset value is 47.25 today — it's risen 2.26% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
WSRI assets under management is ‪914.97 M‬ CAD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
WSRI price has risen by 4.68% over the last month, and its yearly performance shows a 11.29% increase. See more dynamics on WSRI price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 2.26% over the last month, showed a 7.07% increase in three-month performance and has increased by 13.13% in a year.
WSRI fund flows account for ‪109.95 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.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
WSRI invests in stocks. See more details in our Analysis section.
WSRI expense ratio is 0.24%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, WSRI isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, WSRI technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating WSRI shows the buy signal. See more of WSRI technicals for a more comprehensive analysis.
Yes, WSRI pays dividends to its holders with the dividend yield of 1.15%.
WSRI trades at a premium (0.01%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
WSRI shares are issued by Power Corp. of Canada
WSRI follows the Solactive Wealthsimple North America Socially Responsible Factor Index - CAD. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jun 16, 2020.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.