NSCE.TO
NBI Sustainable Canadian Equity ETF
Canadian
EQUITY
Active
MANAGEMENT STYLE
$ 2.3 B
ASSETS UNDER MGMT
60 bp
EXPENSES
Fund Basics
| Inception date | Mar 04, 2020 |
| Regulation | |
| Fund Website | link... |
| Distributions | |
| Currency | CAD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
| ROYAL BANK OF CANADA | 6.4 % |
| NATIONAL BANK OF CANADA | 5.3 % |
| BANK OF MONTREAL | 5.0 % |
| CANADIAN NATL RAILWAY CO | 5.0 % |
| RESTAURANT BRANDS INTERNATIONAL INC | 4.9 % |
| TOROMONT INDUSTRIES LTD | 4.8 % |
| INTACT FINANCIAL CORP | 4.7 % |
| CANADIAN PACIFIC KANSAS CITY LTD | 4.6 % |
| QUEBECOR INC -CL B | 4.6 % |
| LOBLAW COMPANIES LTD | 4.5 % |
Constituent Breakdown
| Number of holdings | 33 |
| Herfindahl-Hirschman Index | 399 |
| Wgt avg mkt cap (mns) | $48,306 |
| Large cap (>$10bn) | 84.2% |
| Mid cap ($2-10bn) | 14.8% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 99.0% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
CANADA | 99.0 % |
Historical Performance
Standardized Performance (as of 05/31/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 3.0% | -1.8% | 10.4% | 11.5% | 9.0% | -- | -- | 81.2% |
| Dividend Yield | 0.3% | 0.9% | 1.1% | 1.2% | 1.2% | -- | -- | 1.8% |
| Total Returns | 3.4% | -0.9% | 11.5% | 12.7% | 10.1% | -- | -- | 83.0% | Ann. Volatility | 12.2% | 10.9% | 10.9% | 10.7% | 11.6% | -- | -- | 806.3% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.27 | 8% |
| MSCI EAFE | 0.19 | 7% |
| MSCI Emg Mkts | 0.06 | 1% |
Liquidity Measures
| Avg. volume (000) | 1 |
| ADV traded (mns) | $0 |
| Turnover | 0.0% |
| Avg. Bid/Ask (% of price) | 0.00% |
Technical Indicators
| 30d moving avg. (EMA) | $48.66 |
| Relative strength (RSI) | 60 |
| MACD/Signal | 0.44/0.32 |
| Bollinger Bands (Upper/Lower) | $50.16/$47.26 |
| Short interest (% of AUM) | 0.0% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. NSCE.TO |
Expenses vs. NSCE.TO |
ALTAR Score™ vs. NSCE.TO |
|---|---|---|---|---|
| ZLB.TO | BMO Low Volatility Canadian Equity ETF | 49.0% | -25 bp | +0.3% |
| TCLV.TO | TD Q Canadian Low Volatility ETF | 46.8% | -30 bp | -0.2% |
| CMVP.TO | HAMILTON CHAMPIONS TM Canadian Dividend Index ETF | 46.1% | -41 bp | -0.3% |
| MCAN.TO | Manulife Canadian Equity Class | 44.5% | +8 bp | -0.5% |
| BGC.TO | Bristol Gate Concentrated Canadian Equity ETF | 44.2% | +25 bp | -0.2% |
| CDEF.TO | Manulife Smart Defensive Equity ETF | 44.2% | -35 bp | -0.5% |
| XMV.TO | iShares MSCI Min Vol Canada Index ETF | 41.4% | -27 bp | -0.1% |
| ICAE.TO | Invesco S&P/TSX Canadian Dividend Aristocrats ESG Index ETF | 38.2% | -40 bp | -0.3% |
| XCSR.TO | iShares ESG Advanced MSCI Canada Index ETF | 35.8% | -45 bp | -0.6% |
| DGRC.TO | CI Canada Quality Dividend Growth Index ETF | 34.9% | -39 bp | +1.2% |
Risk and Returns: NSCE.TO vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates (CAD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 6/3/2026
Peer Group Comparison
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ETF Research Center Rating
6.3%
ALTAR SCORE™
61st
PERCENTILE
OVERWEIGHT
ETFRC RATING
There are 104 funds in the Canadian Equity category with an average
ALTAR Score™ of 5.9% and a standard deviation
of 1.4%. NSCE.TO's ALTAR Score™ is approximately 0.3 standard
deviations above the category average. This places NSCE.TO in the 61st percentile
among funds in the category.
Sell-Side Consensus
$53.06
PRICE TARGET
+7.0%
UPSIDE