Manulife Multifactor Canadian SMID Cap Index ETF (MCSM.TO)

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

Manulife Multifactor Canadian SMID Cap Index ETF (MCSM.TO) is up 11.3% since the beginning of the year. MCSM.TO is currently trading at CA$66 per share. Investors who bought CA$1,000 worth of MCSM.TO shares 5 years ago would now be looking at an investment worth CA$1,740.

Manulife Multifactor Canadian SMID Cap Index ETF (MCSM.TO) has returned 11.32% so far this year and 32.76% over the past 12 months.

Based on dividend-adjusted daily data since Dec 19, 2017, MCSM.TO's average daily return is +0.10%, while the average monthly return is +1.15%. At this rate, an investment would double in approximately 5.1 years.

Historically, 63% of months were positive and 38% were negative. The best month was Apr 2020 with a return of +20.4%, while the worst month was Mar 2020 at -30.6%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 3 months.

On a daily basis, MCSM.TO closed higher 41% of trading days. The best single day was Mar 26, 2020 with a return of +11.1%, while the worst single day was Mar 24, 2020 at -23.2%.

Manulife Multifactor Canadian SMID Cap Index ETF has an annualized alpha of 14.61%, beta of 0.34, and R2 of 0.02 versus S&P 500 Index. Calculated based on daily prices since December 19, 2017.

• This ETF participated in 85.61% of S&P 500 Index downside but only 62.84% of its upside - more exposed to losses than it benefited from rallies.
• Beta of 0.34 may look defensive, but with R2 of 0.02 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 0.02 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.

MCSM.TO ranks 46 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.

Manulife Multifactor Canadian SMID Cap Index ETF provided a 1.78% dividend yield over the last twelve months, with an annual payout of CA$1.18 per share.

The table displays the monthly dividend distributions for Manulife Multifactor Canadian SMID Cap 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 Manulife Multifactor Canadian SMID Cap 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 Manulife Multifactor Canadian SMID Cap Index ETF was 42.80%, occurring on Mar 24, 2020. Recovery took 102 trading sessions.

The current Manulife Multifactor Canadian SMID Cap Index ETF drawdown is 8.40%.

The chart below shows the rolling one-month volatility.