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NBI Liquid Alternatives ETF (NALT.TO) ETF Analysis

NALT.TO

Expense ratio 0.67% Yield 5.94% Assets CA$375.07M Since January 15, 2019 Family National Bank Investments Inc.

Last Updated: October 21, 2026

CA$23.68

+CA$0.14 (+0.59%)

October 21, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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NALT.TO Annualized Returns

With dividends reinvested · as of October 21, 2026

Period	Total return	Annualized	CA$100 becomes	CA$300 becomes
1 year	+17.24%	+17.24%	CA$117.24	CA$351.73
3 years	+12.74%	+4.08%	CA$112.74	CA$338.23
5 years	+19.91%	+3.70%	CA$119.91	CA$359.74
Since February 8, 2019	+52.57%	+5.64%	CA$152.57	CA$457.72

Returns are total returns computed from daily closes, with dividends reinvested. As of October 21, 2026.

NALT.TO Return by Calendar Year

2019 and 2026 are partial years

−2.87%+13.38%

2019*2020202120222023202420252026*

View as table ↓View as chart ↑

Year	Return
2026 (partial year)	+13.38%
2025	+2.50%
2024	−2.87%
2023	−0.41%
2022	+8.72%
2021	+6.50%
2020	+10.45%
2019 (partial year)	+6.12%

NALT.TO Monthly Returns

−6%+6%

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2026	+3.2	+2.1	+3.8	+1.7	−2.1	−1.7	+1.4	+1.4	+2.5	+0.5	—	—
2025	+1.6	−0.3	+2.7	−2.8	−2.7	−0.2	−1.1	−2.9	+3.5	+0.7	+2.6	+1.7
2024	−0.4	+0.5	+1.7	+1.9	+1.0	−0.3	−2.8	+0.6	+1.2	−2.9	−3.2	+0.1
2023	+0.0	−2.2	+3.1	−0.8	−2.2	+1.6	+1.7	−0.3	+0.1	−1.7	+0.3	+0.0
2022	+1.7	+2.3	+4.8	+3.0	+0.2	−0.6	−1.4	+1.5	−1.7	+0.0	−1.2	−0.1
2021	−0.0	+3.0	−0.8	+5.7	+2.6	−0.6	+0.5	−1.6	−0.2	−0.5	−1.7	+0.2
2020	+1.6	−1.9	−5.8	+1.4	+2.9	+2.1	+5.3	−0.3	−2.9	+1.1	+2.5	+4.6
2019	—	—	−0.2	+0.0	+1.7	+3.2	−0.5	+3.0	−3.3	+1.7	−3.9	+4.0

Monthly total returns with dividends reinvested; each cell prints its signed value.

NALT.TO Volatility & Risk

Volatility: 7 yrs

Annualized volatility: 12.83%
Best year: +10.45%
Worst year: −2.87%

Volatility is the annualized standard deviation of daily returns. As of October 21, 2026.

Top Holdings

#	Symbol	Name	Weight
1	WINQ26	Mini Ibovespa Future Aug 26	3.61%

Analysis

Data-derived

Fund Overview

NBI Liquid Alternatives ETF (NALT.TO) is an exchange-traded fund. The fund holds CA$375.07M in total net assets. Annual costs run at an expense ratio of 0.67%. On a CA$10,000 position that is CA$67.00 a year. The fund is issued by National Bank Investments Inc. The inception date on file is January 15, 2019.

Mini Ibovespa Future Aug 26 alone accounts for 3.61% of the portfolio.

Performance Analysis

The most recent close on file for NALT.TO is CA$23.68, dated October 21, 2026. The trailing one-year total return is +17.24%. Measured over 5 years, that is +3.70% a year compounded. The fund distributes at a trailing yield of 5.94%.

So far in 2026 the total return is +13.38%. The strongest complete calendar year on file is 2020 at +10.45%; the weakest is 2024 at −2.87%. Of the 6 complete calendar years on file, 4 finished higher.

Price & Risk Profile

Over the past 52 weeks the price has ranged from CA$21.07 to CA$24.72. The latest close sits 12.39% above that 52-week low. Annualized volatility over the trailing 7 years is 12.83%. The volatility figure is calculated from the stored daily closes, the same series the charts on this page use.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

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