CNDA

IQ Canada Small Cap ETF
C

76
  • Overview
  • Efficiency
  • Tradability
  • Fit

CNDA Fund Description

The IndexIQ Canada Small Cap ETF tracks a market-cap-weighted index of small-cap Canadian stocks. The index only invests in companies in the bottom 15% by market capitalization worth at least $150 million.

CNDA Factset Analytics Insight

This fund is closing. The last day of trading will be March 16, 2018. Despite a market-cap selection and weighting methodology, CNDA offers a more volatile exposure to Canadian small-cap equities: The fund has a higher beta than our benchmark. Not surprisingly, the fund also comes with some significant sector tilts. More than half the portfolio is invested in energy and basic materials, while financials are nearly ignored. Unfortunately, liquidity is a low point for the fund: trading won't be easy or cheap. CNDA's expense ratio is the highest in the segment. Although the fund holds the bulk of the segment's assets, it's still far below what we'd like to see and contributes to the fund's high risk of closure.

CNDA MSCI ESG Analytics Insight

The MSCI ESG Fund Quality Score measures the ability of ETF underlying holdings to manage key medium to long-term risks and opportunities arising from environmental, social, and governance factors, as determined by MSCI ESG Research LLC. As of February 15, 2018 the IQ Canada Small Cap ETF MSCI ESG Fund Quality Score is 4.56 out of 10.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. CNDA ranks in the 3th percentile within its peer group and in the 20th percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage.

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
COMPARE
RESET
Select ETFs to compare their performance:

CNDA Top 10 Countries

CNDA Top 10 Sectors

CNDA Top 10 Holdings View All

CNDA Summary Data

IndexIQ
03/23/10
Open-Ended Fund
0.70%
$9.04M
$141.31K
0.19%

CNDA Portfolio Data

$2.19B
46.04
1.49
2.41%
12/27/18
100

CNDA Index Data

Market Cap
Market Cap
MSCI Canada Small Cap Index

Related ETFs to CNDA

IEUS, XSHD, SMDV, IJR, PPSC
Total Return
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max

CNDA Portfolio Management

0.70%
-0.89%
-0.55%
-1.25%

CNDA Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

CNDA Fund Structure

Open-Ended Fund
No
Yes
100% / 0%
N/A
N/A
Closing
Daily
Bats Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

CNDA Factset Analytics Block Liquidity

As of 02/16/18
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of CNDA. CNDA is rated a 4 out of 5.

CNDA Tradability

7,366
$141.31K
5,104
$101.91K
0.19%
$0.04
-0.13%
3.51% / -2.61%
None
100.00%
50,000
0.10
0.11%
0.27%
--
$18.14
4

CNDA Sector/Industry BreakdownView All

CNDASegment Benchmark
25.49% 38.55%
17.32% 20.31%
5.17% 10.08%
3.75% 6.17%
6.08% 5.26%
14.38% 5.16%
11.25% 4.54%
6.04% 2.46%

CNDA Geographic Exposure

CNDASegment Benchmark
99.55% 100.29%
0.45% --

CNDASegment Benchmark
100.00% 100.29%
0.00% / 0.00% 0.00% / 0.00%

CNDA Performance Statistics

0.96
1.19
1.21
1.19
0.26%
MSCI Canada Small Cap Index

CNDA MSCI ESG Ratings

4.56 / 10
2.83
19.56
--
4.62%
852.11

CNDA BENCHMARK COMPARISON

    CNDA
    100 Holdings
    Segment Benchmark
    225 Constituents
    Shared Holdings
    95 (Count)
     
    52.49% (Weight)
CNDASegment Benchmark
0.00% 0.00%
30.45% 31.21%
62.31% 67.11%
7.14% 1.68%
2.10% 1.72%