Key stats
About Evolve Canadian Equity UltraYield Unhedged ETF Units Trust Units -Unhedged-
Home page
Inception date
Sep 17, 2025
Structure
Canadian Mutual Fund Trust (ON)
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Primary advisor
Evolve Funds Group, Inc.
Identifiers
3
ISIN CA30055K1066
CANY is an actively managed alternative mutual fund, as such, the fund may invest in other alternative funds and using cash borrowing for leverage. The fund aims to provide attractive income and long-term capital growth by investing in leading Canadian equities. Positions are selected based on market-cap and volatility, with a focus on those offering attractive option premiums. To enhance yield and reduce risk and volatility, the fund uses a covered call writing strategy, with the level of writing adjusted based on market conditions. The fund may use 1.33x leverage through cash borrowing or derivatives to support its objectives.
Related funds
Classification
What's in the fund
Exposure type
Finance
Non-Energy Minerals
Transportation
Industrial Services
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
CANY trades at 24.80 CAD today, its price has fallen −0.48% in the past 24 hours. Track more dynamics on CANY price chart.
CANY net asset value is 24.67 today — it's fallen 0.60% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
CANY assets under management is 70.00 M CAD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
CANY price has fallen by −3.13% over the last month, and its yearly performance shows a −1.90% decrease. See more dynamics on CANY price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −0.60% over the last month, showed a 4.26% increase in three-month performance and has increased by 1.94% in a year.
NAV returns, another gauge of an ETF dynamics, have fallen by −0.60% over the last month, showed a 4.26% increase in three-month performance and has increased by 1.94% in a year.
CANY fund flows account for 59.36 M CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
CANY invests in stocks. See more details in our Analysis section.
Yes, CANY is a leveraged ETF, meaning it uses borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
Yes, CANY pays dividends to its holders with the dividend yield of 8.43%.
CANY trades at a premium (1.03%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
CANY shares are issued by Evolve Funds Group, Inc.
CANY follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Sep 17, 2025.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.