Key stats
About Dynamic Active U.S. Mid-Cap ETF
Home page
Inception date
Sep 22, 2017
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Primary advisor
1832 Asset Management LP
ISIN
CA26802A1021
The fund obtains its exposure by investing in a mutual fund with the same name. The underlying is a diversified portfolio stocks of US-based mid-cap companies. The portfolio targets companies with market capitalization between US $2 billion and US $12 billion and may pay dividends. The portfolio may include up to 10% exposure in foreign securities outside of the US as well. Individual stocks are selected based on a bottom-up investment approach that considers fundamental research for growth and value potential. A companys free cash flow, price to earnings, improving balance sheet and low debt are just a few of the factors considered. The portfolio managers have the flexibility to invest a significant amount of assets in foreign securities as well. Derivatives may also be used to hedge, gain exposure, or generate additional income.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Producer Manufacturing
Stocks98.08%
Finance23.02%
Producer Manufacturing12.36%
Consumer Services8.96%
Technology Services7.59%
Consumer Non-Durables6.36%
Process Industries6.01%
Commercial Services5.92%
Retail Trade5.81%
Health Technology5.67%
Non-Energy Minerals4.34%
Energy Minerals3.66%
Consumer Durables3.66%
Electronic Technology2.65%
Transportation2.09%
Bonds, Cash & Other1.92%
Cash1.92%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
DXZ invests in stocks. The fund's major sectors are Finance, with 23.02% stocks, and Producer Manufacturing, with 12.36% of the basket. The assets are mostly located in the North America region.
DXZ top holdings are Definity Financial Corp. and Texas Roadhouse, Inc., occupying 6.06% and 5.64% of the portfolio correspondingly.
DXZ last dividends amounted to 0.06 CAD. The year before, the issuer paid 0.07 CAD in dividends, which shows a 22.83% decrease.
DXZ assets under management is 32.75 M CAD. It's fallen 0.90% over the last month.
DXZ fund flows account for 7.85 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.
Yes, DXZ pays dividends to its holders with the dividend yield of 0.45%. The last dividend (Jan 3, 2025) amounted to 0.06 CAD. The dividends are paid annually.
DXZ shares are issued by The Bank of Nova Scotia under the brand Dynamic. The ETF was launched on Sep 22, 2017, and its management style is Active.
DXZ expense ratio is 0.99% meaning you'd have to pay 0.99% of your investment to help manage the fund.
DXZ follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
DXZ invests in stocks.
DXZ price has risen by 2.01% over the last month, and its yearly performance shows a −0.60% decrease. See more dynamics on DXZ price chart.
NAV returns, another gauge of an ETF dynamics, showed a 2.01% increase in three-month performance and has decreased by −0.32% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 2.01% increase in three-month performance and has decreased by −0.32% in a year.
DXZ trades at a premium (0.15%) meaning the ETF is trading at a higher price than the calculated NAV.