Invesco S&P/TSX Canadian Dividend Aristocrats ESG Index ETF (ICAE.TO)

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Invesco S&P/TSX Canadian Dividend Aristocrats ESG Index ETF (ICAE.TO) is up 16.9% since the beginning of the year. ICAE.TO is currently trading at CA$31 per share.

Invesco S&P/TSX Canadian Dividend Aristocrats ESG Index ETF (ICAE.TO) has returned 16.94% so far this year and 16.60% over the past 12 months.

Based on dividend-adjusted daily data since Mar 13, 2023, ICAE.TO's average daily return is +0.06%, while the average monthly return is +1.21%. At this rate, an investment would double in approximately 4.8 years.

Historically, 71% of months were positive and 29% were negative. The best month was Feb 2026 with a return of +5.4%, while the worst month was Dec 2025 at -10.2%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 3 months.

On a daily basis, ICAE.TO closed higher 56% of trading days. The best single day was Dec 8, 2025 with a return of +6.6%, while the worst single day was Dec 30, 2025 at -12.0%.

Invesco S&P/TSX Canadian Dividend Aristocrats ESG Index ETF has an annualized alpha of 11.84%, beta of 0.10, and R2 of 0.01 versus S&P 500 Index. Calculated based on daily prices since March 13, 2023.

• This ETF participated in 79.77% of S&P 500 Index downside but only 58.84% of its upside - more exposed to losses than it benefited from rallies.
• Beta of 0.10 may look defensive, but with R2 of 0.01 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 0.01 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.

ICAE.TO has an expense ratio of 0.23%, which is considered low.

ICAE.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.

Invesco S&P/TSX Canadian Dividend Aristocrats ESG Index ETF provided a 2.74% dividend yield over the last twelve months, with an annual payout of CA$0.86 per share. The fund has been increasing its distributions for 2 consecutive years.

The table displays the monthly dividend distributions for Invesco S&P/TSX Canadian Dividend Aristocrats ESG Index ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

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.

The table below displays the maximum drawdowns of the Invesco S&P/TSX Canadian Dividend Aristocrats ESG 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 Invesco S&P/TSX Canadian Dividend Aristocrats ESG Index ETF was 16.49%, occurring on Jan 7, 2026. The portfolio has not yet recovered.

The current Invesco S&P/TSX Canadian Dividend Aristocrats ESG Index ETF drawdown is 2.23%.

The chart below shows the rolling one-month volatility.