Wealthsimple Developed Markets ex North America Socially Responsible Index ETF
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Key stats
About Wealthsimple Developed Markets ex North America Socially Responsible Index ETF
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Inception date
Jun 16, 2020
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Primary advisor
Mackenzie Financial Corp.
ISIN
CA94701J1030
The fund is an index tracking fund, where individual components are selected from the Solactive GBS Developed Markets ex North America Large & mid-cap Index. The aim of this ETF is to screen out companies with poor ESG values from a universe of mid to large-cap stocks within the Developed Market ex North America space. The surviving universe is then scored using a multi-factor criteria (average of the individual momentum, value and quality scores) and a carbon intensity criteria. Companies that fall under the bottom quartile of both criteria are excluded and the rest are included in the underlying index. Each component is weighted using their inverse-volatility over the three-year period on an individual basis and on a sector basis. Individual weights are capped at 2%, while country weights are capped at 30% each. Rebalancing is done quarterly.
Related funds
Classification
What's in the fund
Exposure type
Consumer Non-Durables
Health Technology
Finance
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.
WSRD trades at 33.24 CAD today, its price has risen 0.57% in the past 24 hours. Track more dynamics on WSRD price chart.
WSRD net asset value is 32.98 today — it's fallen 2.31% 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.
WSRD assets under management is 900.92 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.
WSRD price has fallen by −0.21% over the last month, and its yearly performance shows a 7.64% increase. See more dynamics on WSRD price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −2.31% over the last month, have fallen by −2.31% over the last month, showed a 2.32% increase in three-month performance and has increased by 10.10% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −2.31% over the last month, have fallen by −2.31% over the last month, showed a 2.32% increase in three-month performance and has increased by 10.10% in a year.
WSRD fund flows account for 123.14 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.
WSRD invests in stocks. See more details in our Analysis section.
WSRD expense ratio is 0.37%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, WSRD isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, WSRD technical analysis shows the neutral rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating WSRD shows the strong buy signal. See more of WSRD technicals for a more comprehensive analysis.
Today, WSRD technical analysis shows the neutral rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating WSRD shows the strong buy signal. See more of WSRD technicals for a more comprehensive analysis.
Yes, WSRD pays dividends to its holders with the dividend yield of 2.42%.
WSRD trades at a premium (0.22%).
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.
WSRD shares are issued by Power Corp. of Canada
WSRD follows the Solactive Wealthsimple DM ex NA Socially Responsible Factor Index - CAD. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jun 16, 2020.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.