The ETF seeks to replicate, to the extent possible and before fees and expenses, the performance of a broad U.S. equity market index that tracks the investment returns of publicly traded large capitalization U.S. stocks.
NAV $31.11
as of Feb 23, 2024
0.01 (0.02%)
1 Day NAV Change
$784.08M
Net Assets
as of Feb 23, 2024
25,200,000
Units Outstanding
as of Feb 23, 2024
Oct 20, 2020
Inception
0.05%
Management Fee

Why invest in Scotia U.S. Equity Index Tracker ETF

  • Low cost, passive exposure to the largest 500 companies in the U.S.
  • Low turnover, transparent and liquid access to the U.S. stock market
  • Equity core holding in a diversified portfolio

Overview

  • Ticker
    SITU
  • Inception
    Oct 20, 2020
  • Asset Class
    U.S. Equity
  • Eligibility
    RRSP/RRIF/RESP/TFSA/RDSP/DPSP
  • Distribution Frequency
    Quarterly
  • Fiscal year End
    December 31
  • Number of Holdings
    502

Risk Rating

  • Management Fee
    0.05%
  • MER
    0.09%
  • Exchange
    Cboe Canada
  • Currency
    CAD
  • CUSIP
    80929R100
  • Benchmark
    Solactive GBS United States 500 CAD Index (CA NTR)

Portfolio Management

  • Portfolio Manager
    1832-Asset-Management-LP
  • Sub Advisor
    SSGA Canada

Portfolio Analysis

as of Jan 31, 2024

  • Distribution Yield
    1.41%
  • 12 Month Trailing Yield
    1.17%

as of Jan 31, 2024

  • Weighted Average Dividend Yield
    2.28%

Performance as of Jan 31, 2024

Compound Returns (%) as of Jan 31, 2024

1 mo3 mo6 mo1 yr3 Yr5 yr10 yrInception
3.011.88.221.611.313.56

Calendar Returns (%) as of Jan 31, 2024

20232022202120202019201820172016
23.8-14.325.3

Portfolio Breakdown as of Jan 31, 2024

Sector Allocation

as of Jan 31, 2024

valueholding
33.1%Information Technology
12.8%Health Care
10.5%Consumer Discretionary
10.3%Financials
9.0%Communication Services
8.3%Industrials
5.7%Consumer Staples
3.9%Energy
2.3%Materials
2.2%Real Estate
2.1%Utilities

Top Holdings (%)

Microsoft Corp. Com7.1
Apple Inc. Com6.6
NVIDIA Corp. Com3.5
Amazon.com Inc. Com3.4
Meta Platforms Inc. Cl A2.1
Alphabet Inc. Cl A2.0
Alphabet Inc. Cap Stk Cl C1.8
Eli Lilly & Co. Com1.3
Tesla Inc. Com1.3
JPMorgan Chase & Co. Com1.2

Historical Distribution 1

Historical Periodical Distributions ($/Unit)

Distr.PeriodEx-Dividend Date Record Date Pay Date Cash Distr.
Per Unit
Re-invested Distr.
Per Unit
Total Distr.
Per Unit
Dec 2020 Dec 30, 2020 Dec 31, 2020 Jan 8, 20210.020.800.83
Sep 2023 Sep 25, 2023 Sep 26, 2023 Oct 3, 20230.08-0.08
Jun 2023 Jun 26, 2023 Jun 27, 2023 Jul 5, 20230.08-0.08
Mar 2023 Mar 27, 2023 Mar 28, 2023 Apr 4, 20230.08-0.08
Dec 2022 Dec 29, 2022 Dec 30, 2022 Jan 9, 20230.07-0.07
Sep 2022 Sep 26, 2022 Sep 27, 2022 Oct 4, 20220.08-0.08
Jun 2022 Jun 24, 2022 Jun 27, 2022 Jul 5, 20220.08-0.08
Mar 2022 Mar 25, 2022 Mar 28, 2022 Apr 4, 20220.07-0.07
Dec 2021 Dec 22, 2021 Dec 31, 2021 Jan 10, 20220.070.020.09
Sep 2021 Sep 29, 2021 Sep 30, 2021 Oct 7, 20210.05-0.05
Jun 2021 Jun 29, 2021 Jun 30, 2021 Jul 8, 20210.06-0.06
Mar 2021 Mar 30, 2021 Mar 31, 2021 Apr 8, 20210.02-0.02

Historical Calendar Year Distributions ($/unit)

Distr.PeriodEligible Div.Non-eligible Div.Other IncomeCapital GainsReturn of CapitalForeign IncomeForeign Tax PaidTotal Distr. Per unit for Tax Purpose
2020–––––0.83-0.000.83
2021–––0.02–0.23-0.030.22
2022–––––0.34-0.050.29

Literature

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