Question 1

What is BASE?

Accepted Answer

BASE — Evolve Global Materials & Mining Enhanced Yield Index ETF — is a Canadian-listed ETF trading on the TSX. NA

Question 2

What is the BASE ETF price today?

Accepted Answer

BASE last traded at $26.42 CAD on the TSX. See the price chart above for recent performance.

Question 3

What is the BASE MER (management expense ratio)?

Accepted Answer

BASE has a management expense ratio (MER) of 0% per year. This fee is automatically deducted from the fund's assets, so you never pay it directly — but it does reduce your net returns over time. At 0%, BASE is considered a low-cost ETF.

Question 4

What are BASE annualised returns?

Accepted Answer

BASE historical returns: YTD: +2.92%, 1-year: +29.08%, 3-year annualised: +15.55%, 5-year annualised: +8.99%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 0.62, which measures risk-adjusted return.

Question 5

Does BASE pay dividends or distributions?

Accepted Answer

Yes, BASE distributes income to unitholders. The current distribution yield is approximately 9.74%, paid monthly. Distributions may include dividends, interest, capital gains, or return of capital depending on the fund's holdings. In a TFSA or RRSP, distributions are sheltered from tax.

Question 6

What does BASE invest in?

Accepted Answer

BASE's top holdings include Southern Copper Corporation (SCCO, 5.7%), Newmont Goldcorp Corp (NEM, 6.0%), Royal Gold Inc (RGLD, 5.6%), Freeport-McMoran Copper & Gold Inc (FCX, 5.7%), AngloGold Ashanti plc (AU, 5.1%) — and 5 more positions. See the full Top 10 Holdings table above for a complete breakdown. The fund tracks the Morningstar Canada Natural Res NR CAD.

Question 7

What sectors does BASE invest in?

Accepted Answer

BASE's largest sector exposures are Basic Materials (83.2%), Industrials (12.7%), Energy (0.0%). The full sector breakdown is shown in the Sector Weights table on this page.

Question 8

How large is BASE? (Assets under management)

Accepted Answer

BASE has approximately $90M in assets under management (AUM). Larger AUM generally means better liquidity, tighter bid-ask spreads, and a lower risk of the fund being wound down.

Question 9

When was BASE launched?

Accepted Answer

BASE was launched on June 11, 2019, giving it a 7-year track record. A longer history makes it easier to evaluate how the ETF performs across different market cycles.

Question 10

How do I buy BASE in Canada?

Accepted Answer

BASE trades on the TSX under the ticker BASE. You can buy it through any Canadian brokerage, including Wealthsimple Trade (commission-free), Questrade, TD Direct Investing, RBC Direct, and CIBC Investor's Edge. It can be held in a TFSA, RRSP, FHSA, or taxable account.

Question 11

How risky is BASE?

Accepted Answer

BASE has a 1-year volatility of 26.65% and a beta of 0.79 (less volatile than the broad market). Its 3-year Sharpe ratio of 0.62 indicates moderate risk-adjusted returns. As with all market-linked investments, past volatility does not predict future risk.

Date	Open	High	Low	Close	Adj Close	Volume
2026-10-22	$27.22	$27.22	$26.25	$26.42	$26.42	8,763
2026-10-21	$27.60	$27.60	$27.38	$27.55	$27.55	3,695
2026-10-20	$27.60	$27.61	$27.40	$27.61	$27.61	2,593
2026-10-19	$28.03	$28.03	$27.70	$27.74	$27.74	6,232
2026-10-16	$27.55	$28.16	$27.55	$27.72	$27.72	4,972
2026-10-15	$27.00	$27.56	$26.95	$27.56	$27.56	3,453
2026-10-14	$27.55	$27.55	$27.08	$27.33	$27.33	7,860
2026-10-13	$28.05	$28.05	$27.50	$27.73	$27.73	6,159
2026-10-09	$28.08	$28.08	$27.98	$28.01	$28.01	2,100
2026-10-08	$27.54	$27.55	$27.41	$27.54	$27.54	3,037

#	Ticker	Name	Weight
1	SCCO	Southern Copper Corporation	5.72%
2	NEM	Newmont Goldcorp Corp	6.00%
3	RGLD	Royal Gold Inc	5.60%
4	FCX	Freeport-McMoran Copper & Gold Inc	5.65%
5	AU	AngloGold Ashanti plc	5.12%
6	PKX	POSCO Holdings Inc	5.10%
7	MLI	Mueller Industries Inc	4.99%
8	NUE	Nucor Corp	4.86%
9	LYB	LyondellBasell Industries NV	5.13%
10	CDE	Coeur Mining Inc	5.26%

Sector	Weight
Basic Materials	83.25%
Industrials	12.66%
Energy	0.00%
Utilities	0.00%
Healthcare	0.00%
Technology	0.00%
Real Estate	0.00%
Consumer Cyclicals	0.00%
Consumer Defensive	0.00%
Financial Services	0.00%
Communication Services	0.00%

Ticker	Name	Price	1D
SOXD		$18.09	+20.44%
CGMD		$6.95	+16.03%
GASD		$5.54	+12.37%
GDXD	BetaPro Canadian Gold Miners -2x Daily Bear ETF	$9.75	+12.33%
SLVD	BetaPro Silver -2x Daily Bear ETF	$42.12	+11.75%
MSTZ		$1.97	+11.30%
CSUU		$12.05	+9.95%
QQQD		$7.28	+8.66%

Evolve Global Materials & Mining Enhanced Yield Index ETF (BASE : TSX)

Price Chart (30 Days)

Key Statistics

Recent Price History

Annualised Returns

Top 10 Holdings

Sector Weights

About Evolve Global Materials & Mining Enhanced Yield Index ETF

ETF Details

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Frequently Asked Questions — BASE