PortfoliosLab logoPortfoliosLab logo
Evolve Canadian Equity UltraYield ETF (CANY.TO)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

CUSIP
30055K106
Issuer
Evolve
Inception Date
Sep 17, 2025
Region
North America (Canada)
Leveraged
1.33x
Index Tracked
No Index (Active)
Domicile
Canada
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Large-Cap
Asset Class Style
Blend

Share Price Chart


Loading graphics...

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Performance

Performance Chart

The chart shows the growth of an initial investment of CA$10,000 in Evolve Canadian Equity UltraYield ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


Loading graphics...

S&P 500 Index

Different Benchmark Currency

CANY.TO is traded in CAD, while the ^GSPC benchmark is in USD. To make them comparable, the benchmark values have been converted to CAD using the latest available exchange rates.

Returns By Period


Evolve Canadian Equity UltraYield ETF

1D
2.98%
1M
-1.92%
YTD
1.73%
6M
6.64%
1Y
3Y*
5Y*
10Y*

Benchmark (S&P 500 Index)

1D
2.80%
1M
-3.22%
YTD
-3.34%
6M
-2.48%
1Y
12.46%
3Y*
17.80%
5Y*
12.48%
10Y*
12.91%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Sep 18, 2025, CANY.TO's average daily return is +0.06%, while the average monthly return is +1.08%. At this rate, your investment would double in approximately 5.4 years.

Historically, 57% of months were positive and 43% were negative. The best month was Feb 2026 with a return of +4.6%, while the worst month was Mar 2026 at -1.9%. The longest winning streak lasted 2 consecutive months, and the longest losing streak was 1 months.

On a daily basis, CANY.TO closed higher 58% of trading days. The best single day was Oct 14, 2025 with a return of +3.2%, while the worst single day was Jan 20, 2026 at -2.9%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026-0.80%4.55%-1.92%1.73%
20250.88%4.32%-1.29%1.80%5.75%

Benchmark Metrics

Evolve Canadian Equity UltraYield ETF has an annualized alpha of 21.11%, beta of 0.97, and R² of 0.50 versus S&P 500 Index. Calculated based on daily prices since September 19, 2025.

  • This ETF captured 134.47% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -51.40%) — a profile typical of hedging or uncorrelated assets.
  • R² of 0.50 means the benchmark explains less than half of this ETF's behavior — treat beta with caution or consider switching to a more representative benchmark.

Alpha
21.11%
Beta
0.97
0.50
Upside Capture
134.47%
Downside Capture
-51.40%

Expense Ratio

CANY.TO has an expense ratio of 0.40%, placing it in the medium range.


Return for Risk

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Evolve Canadian Equity UltraYield ETF (CANY.TO) and compare them to a chosen benchmark (S&P 500 Index).


Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Dividends

Dividend History

Evolve Canadian Equity UltraYield ETF provided a 11.28% dividend yield over the last twelve months, with an annual payout of CA$2.73 per share.


5.87%CA$0.00CA$0.50CA$1.00CA$1.502025
Dividends
Dividend Yield
PeriodTTM2025
DividendCA$2.73CA$1.47

Dividend yield

11.28%5.87%

Monthly Dividends

The table displays the monthly dividend distributions for Evolve Canadian Equity UltraYield ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026CA$0.42CA$0.42CA$0.42CA$1.26
2025CA$0.21CA$0.42CA$0.42CA$0.42CA$1.47

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


Loading graphics...

Worst Drawdowns

The table below displays the maximum drawdowns of the Evolve Canadian Equity UltraYield ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Evolve Canadian Equity UltraYield ETF was 8.34%, occurring on Mar 20, 2026. The portfolio has not yet recovered.

The current Evolve Canadian Equity UltraYield ETF drawdown is 3.83%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-8.34%Mar 3, 202614Mar 20, 2026
-8.06%Oct 29, 202515Nov 18, 202531Jan 5, 202646
-5.06%Jan 19, 202614Feb 5, 20269Feb 19, 202623
-2.9%Oct 7, 20254Oct 10, 20251Oct 14, 20255
-1.87%Oct 16, 20252Oct 17, 20255Oct 24, 20257

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


Loading graphics...