- Issuer
- CI
- Inception Date
- Aug 8, 2017
- Region
- Europe ()
- Category
- Europe Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- WisdomTree Europe CAD-Hedged Equity Index
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
Share Price Chart
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Performance
EHE.TO Performance Chart
CI Europe Hedged Equity Index ETF (EHE.TO) is up 6.0% since the beginning of the year. EHE.TO is currently trading at CA$40 per share. Investors who bought CA$1,000 worth of EHE.TO shares 5 years ago would now be looking at an investment worth CA$1,608.
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Returns By Period
CI Europe Hedged Equity Index ETF (EHE.TO) has returned 5.98% so far this year and 14.83% over the past 12 months.
CI Europe Hedged Equity Index ETF
- 1D
- 1.09%
- 1M
- 3.27%
- YTD
- 5.98%
- 6M
- 7.19%
- 1Y
- 14.83%
- 3Y*
- 13.45%
- 5Y*
- 9.97%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -2.55%
- 1M
- 1.59%
- YTD
- 9.53%
- 6M
- 7.06%
- 1Y
- 25.21%
- 3Y*
- 21.24%
- 5Y*
- 14.93%
- 10Y*
- 14.26%
EHE.TO Monthly Returns History
Based on dividend-adjusted daily data since Jul 15, 2016, EHE.TO's average daily return is +0.04%, while the average monthly return is +0.84%. At this rate, an investment would double in approximately 6.9 years.
Historically, 61% of months were positive and 39% were negative. The best month was Nov 2020 with a return of +12.3%, while the worst month was Mar 2020 at -19.4%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 4 months.
On a daily basis, EHE.TO closed higher 41% of trading days. The best single day was Apr 10, 2025 with a return of +11.6%, while the worst single day was Mar 18, 2020 at -11.0%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 2.26% | 2.97% | -7.07% | 2.15% | 5.84% | 0.18% | 5.98% | ||||||
| 2025 | 8.61% | 3.39% | -2.40% | -1.96% | 5.13% | -0.78% | 2.26% | 1.50% | -0.22% | 3.65% | 0.22% | 1.94% | 22.91% |
| 2024 | 1.63% | 6.52% | 4.27% | -1.36% | -0.69% | -2.06% | -2.16% | 1.03% | 0.64% | -3.25% | -1.62% | 1.62% | 4.20% |
| 2023 | 7.40% | 4.89% | 2.31% | -0.16% | -1.28% | 2.23% | 3.62% | -3.27% | -3.16% | -3.67% | 9.27% | 3.03% | 22.26% |
| 2022 | -4.33% | -3.25% | -1.50% | 0.11% | 1.34% | -9.63% | 5.24% | -4.29% | -6.78% | 10.21% | 6.49% | -2.79% | -10.45% |
| 2021 | 0.52% | 0.84% | 4.31% | 4.54% | 2.08% | 2.54% | 2.31% | 1.92% | -3.38% | 2.83% | -0.85% | 4.17% | 23.79% |
Benchmark Metrics
CI Europe Hedged Equity Index ETF has an annualized alpha of 8.35%, beta of 0.15, and R2 of 0.03 versus S&P 500 Index. Calculated based on daily prices since July 18, 2016.
- This ETF participated in 82.26% of S&P 500 Index downside but only 70.98% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.15 may look defensive, but with R2 of 0.03 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
- R2 of 0.03 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 8.35%
- Beta
- 0.15
- R²
- 0.03
- Upside Capture
- 70.98%
- Downside Capture
- 82.26%
Return for Risk
Risk / Return Rank
EHE.TO ranks 29 for risk / return — below 29% of ETFs on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for CI Europe Hedged Equity Index ETF (EHE.TO) and compare them to S&P 500 Index.
| EHE.TO | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.19 | ||
| Sortino ratioReturn per unit of downside risk | -1.49 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.37 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | 1.24 | 2.89 | -1.65 |
| Martin ratioReturn relative to average drawdown | 4.59 | 10.80 | -6.21 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Dividends
Dividend History
CI Europe Hedged Equity Index ETF provided a 2.02% dividend yield over the last twelve months, with an annual payout of CA$0.80 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | CA$0.80 | CA$0.81 | CA$1.37 | CA$1.03 | CA$0.58 | CA$0.57 | CA$0.64 | CA$0.55 | CA$0.47 | CA$0.35 | CA$0.03 |
Dividend yield | 2.02% | 2.16% | 4.38% | 3.30% | 2.19% | 1.90% | 2.55% | 2.02% | 2.08% | 1.37% | 0.13% |
Monthly Dividends
The table displays the monthly dividend distributions for CI Europe Hedged Equity Index ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | CA$0.00 | CA$0.00 | CA$0.01 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.01 | ||||||
| 2025 | CA$0.00 | CA$0.00 | CA$0.02 | CA$0.00 | CA$0.00 | CA$0.53 | CA$0.00 | CA$0.00 | CA$0.09 | CA$0.00 | CA$0.00 | CA$0.17 | CA$0.81 |
| 2024 | CA$0.00 | CA$0.00 | CA$0.04 | CA$0.00 | CA$0.00 | CA$0.97 | CA$0.00 | CA$0.00 | CA$0.05 | CA$0.00 | CA$0.00 | CA$0.31 | CA$1.37 |
| 2023 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.92 | CA$0.00 | CA$0.00 | CA$0.04 | CA$0.00 | CA$0.00 | CA$0.07 | CA$1.03 |
| 2022 | CA$0.00 | CA$0.00 | CA$0.03 | CA$0.00 | CA$0.00 | CA$0.46 | CA$0.00 | CA$0.00 | CA$0.07 | CA$0.00 | CA$0.00 | CA$0.02 | CA$0.58 |
| 2021 | CA$0.00 | CA$0.00 | CA$0.13 | CA$0.00 | CA$0.00 | CA$0.16 | CA$0.00 | CA$0.00 | CA$0.15 | CA$0.00 | CA$0.00 | CA$0.13 | CA$0.57 |
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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the CI Europe Hedged Equity Index 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 CI Europe Hedged Equity Index ETF was 38.20%, occurring on Mar 18, 2020. Recovery took 263 trading sessions.
The current CI Europe Hedged Equity Index ETF drawdown is 0.62%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -38.20%Mar 2020 | 29d | 1y 19d | 1y 1moFeb 2020 - Apr 2021 |
Bear market2022 | -22.91%Sep 2022 | 8mo 27d | 5mo 4d | 1y 1moJan 2022 - Mar 2023 |
Rate-hike selloffLate 2018 | -16.78%Dec 2018 | 6mo 12d | 3mo 25d | 10mo 7dJun 2018 - Apr 2019 |
2025 selloff2025 | -16.30%Apr 2025 | 1mo 3d | 1mo 11d | 2mo 14dMar 2025 - May 2025 |
2026 correction2026 | -11.85%Mar 2026 | 21d | 2mo 7d | 2mo 28dFeb 2026 - May 2026 |
Drawdown Indicators
| EHE.TO | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.20% | -48.87% | +10.67% |
Max Drawdown (1Y)Largest decline over 1 year | -11.85% | -9.17% | -2.68% |
Max Drawdown (3Y)Largest decline over 3 years | -16.30% | -19.59% | +3.29% |
Max Drawdown (5Y)Largest decline over 5 years | -22.91% | -23.14% | +0.23% |
Max Drawdown (10Y)Largest decline over 10 years | — | -27.97% | — |
Current DrawdownCurrent decline from peak | -0.62% | -2.55% | +1.93% |
Average DrawdownAverage peak-to-trough decline | -5.35% | -9.67% | +4.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.19% | 2.45% | +0.74% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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