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NBI Sustainable Canadian Equity ETF (NSCE.TO) ETF Analysis

NSCE.TO

Expense ratio 0.69% Yield 1.05% Assets CA$2.33B Since March 4, 2020 Family National Bank Investments Inc.

Last Updated: October 21, 2026

CA$52.20

+CA$0.76 (+1.48%)

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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NSCE.TO Annualized Returns

With dividends reinvested · as of October 21, 2026

Period	Total return	Annualized	CA$100 becomes	CA$300 becomes
1 year	+11.63%	+11.63%	CA$111.63	CA$334.90
3 years	+61.31%	+17.28%	CA$161.31	CA$483.93
5 years	+68.19%	+10.96%	CA$168.19	CA$504.57
Since March 6, 2020	+129.66%	+13.37%	CA$229.66	CA$688.98

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

NSCE.TO Return by Calendar Year

2020 and 2026 are partial years

+20.97%−0.97%+9.17%

2020*202120222023202420252026*

View as table ↓View as chart ↑

Year	Return
2026 (partial year)	+9.17%
2025	+12.33%
2024	+20.42%
2023	+13.59%
2022	−0.97%
2021	+20.97%
2020 (partial year)	+14.29%

NSCE.TO Monthly Returns

−5%+9%

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2026	−4.5	+5.2	−2.9	+2.5	+3.3	+4.6	+1.7	−2.5	−2.2	+4.2	—	—
2025	+2.9	+3.0	−1.5	+2.1	+5.7	+0.6	−0.8	−0.5	−2.0	−0.3	+2.4	+0.5
2024	+3.5	+3.7	+0.7	−1.8	+1.0	+1.7	+6.0	+0.1	+2.5	+0.4	+3.8	−2.5
2023	+3.3	+1.4	+0.7	+2.9	−2.5	+1.9	+1.2	−2.0	−1.7	−1.8	+5.2	+4.7
2022	−0.4	−1.4	+3.4	−2.8	−1.5	−3.8	+6.0	−2.1	−2.6	+4.1	+3.2	−2.6
2021	−1.8	+3.2	+6.7	+1.0	+2.0	+1.8	+1.9	+3.2	−1.7	+2.9	−0.9	+1.3
2020	—	—	—	+6.6	−0.5	+3.7	+4.9	+3.4	+0.8	−3.9	+8.6	+0.1

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

NSCE.TO Volatility & Risk

Volatility: 6 yrs · Beta: 3 yrs

Annualized volatility: 11.44%
Beta (3y): 0.55
Best year: +20.97%
Worst year: −0.97%

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

Top Holdings

#	Symbol	Name	Weight
1	RY	Royal Bank of Canada	6.04%
2	CNR.TO	Canadian National Railway Co	5.1%
3	CP.TO	Canadian Pacific Kansas City Ltd	4.66%
4	TD	The Toronto-Dominion Bank	4.53%
5	NA.TO	National Bank of Canada	4.53%
6	QSR.TO	Restaurant Brands International Inc	4.51%
7	BMO.TO	Bank of Montreal	4.48%
8	L.TO	Loblaw Companies Ltd	4.47%
9	IFC.TO	Intact Financial Corp	4.25%
10	MRU.TO	Metro Inc	4.12%

Analysis

Data-derived

Fund Overview

NBI Sustainable Canadian Equity ETF (NSCE.TO) is an exchange-traded fund. National Bank Investments Inc. is the fund family on file. The inception date on file is March 4, 2020. The fund holds CA$2.33B in total net assets. Annual costs run at an expense ratio of 0.69%. On a CA$10,000 position that is CA$69.00 a year.

The largest positions on file are Royal Bank of Canada (RY), Canadian National Railway Co (CNR.TO), and Canadian Pacific Kansas City Ltd (CP.TO). Royal Bank of Canada alone accounts for 6.04% of the portfolio. The ten largest positions together make up 46.68% of the fund.

Performance Analysis

The most recent close on file for NSCE.TO is CA$52.20, dated October 21, 2026. The trailing one-year total return is +11.63%. Across 5 years the annualized return works out at +10.96%. The trailing distribution yield is 1.05%.

Across the complete calendar years on file, 2021 returned +20.97% and 2022 returned −0.97%. Of the 5 complete calendar years on file, 4 finished higher. 2026 is still running; the total return is +9.17% year to date.

Price & Risk Profile

The 52-week range on file runs from CA$46.09 to CA$53.76. The latest close sits 13.26% above that 52-week low. Annualized volatility over the trailing 6 years is 11.44%. The reported beta is 0.55. 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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