Global X Equal Weight Canadian Utilities Index ETF (UTIL.TO)

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

Global X Equal Weight Canadian Utilities Index ETF (UTIL.TO) has returned 11.63% so far this year and 25.40% over the past 12 months.

Based on dividend-adjusted daily data since Aug 10, 2022, UTIL.TO's average daily return is +0.03%, while the average monthly return is +0.58%. At this rate, your investment would double in approximately 10.0 years.

Historically, 64% of months were positive and 36% were negative. The best month was Feb 2026 with a return of +8.6%, while the worst month was Sep 2022 at -10.0%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 6 months.

On a daily basis, UTIL.TO closed higher 49% of trading days. The best single day was Nov 6, 2023 with a return of +4.1%, while the worst single day was Oct 12, 2022 at -5.1%.

Global X Equal Weight Canadian Utilities Index ETF has an annualized alpha of 3.81%, beta of 0.17, and R² of 0.04 versus S&P 500 Index. Calculated based on daily prices since August 11, 2022.

• This ETF participated in 60.36% of S&P 500 Index downside but only 41.99% of its upside — more exposed to losses than it benefited from rallies.
• Beta of 0.17 may look defensive, but with R² of 0.04 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 0.04 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.

UTIL.TO ranks 95 for risk / return — in the top 95% of ETFs on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.

The table below present risk-adjusted performance metrics for Global X Equal Weight Canadian Utilities Index ETF (UTIL.TO) and compare them to a chosen benchmark (S&P 500 Index).

Global X Equal Weight Canadian Utilities Index ETF provided a 3.25% dividend yield over the last twelve months, with an annual payout of CA$0.88 per share. The fund has been increasing its distributions for 3 consecutive years.

The table displays the monthly dividend distributions for Global X Equal Weight Canadian Utilities 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 Global X Equal Weight Canadian Utilities 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 Global X Equal Weight Canadian Utilities Index ETF was 25.61%, occurring on Oct 3, 2023. Recovery took 262 trading sessions.

The current Global X Equal Weight Canadian Utilities Index ETF drawdown is 0.04%.

The chart below shows the rolling one-month volatility.