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 $30.54 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: +18.97%, 1-year: +52.06%, 3-year annualised: +17.23%, 5-year annualised: +10.27%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 0.45, 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 9.26%, 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 Nucor Corp (NUE, 5.6%), Mueller Industries Inc (MLI, 5.6%), Steel Dynamics Inc (STLD, 5.5%), LyondellBasell Industries NV (LYB, 5.5%), ArcelorMittal SA ADR (MT, 5.2%) — 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 (85.2%), Industrials (14.8%), Consumer Cyclicals (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 $96M 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 22.21% and a beta of 0.78 (less volatile than the broad market). Its 3-year Sharpe ratio of 0.45 indicates below-average risk-adjusted returns. As with all market-linked investments, past volatility does not predict future risk.

Date	Open	High	Low	Close	Adj Close	Volume
2026-08-20	$30.54	$30.54	$30.54	$30.54	$30.54	204
2026-08-19	$30.77	$30.80	$30.18	$30.41	$30.41	3,284
2026-08-18	$30.20	$30.20	$30.00	$30.00	$30.00	4,761
2026-08-17	$30.22	$30.54	$30.22	$30.53	$30.53	1,047
2026-08-14	$30.22	$30.22	$30.22	$30.22	$30.22	435
2026-08-13	$30.14	$30.14	$29.98	$29.98	$29.98	1,644
2026-08-12	$30.77	$30.77	$30.77	$30.77	$30.77	804
2026-08-11	$30.56	$30.61	$30.39	$30.39	$30.39	1,508
2026-08-10	$30.36	$30.51	$30.35	$30.51	$30.51	5,965
2026-08-07	$29.95	$30.18	$29.95	$30.18	$30.18	7,213

#	Ticker	Name	Weight
1	NUE	Nucor Corp	5.61%
2	MLI	Mueller Industries Inc	5.61%
3	STLD	Steel Dynamics Inc	5.48%
4	LYB	LyondellBasell Industries NV	5.47%
5	MT	ArcelorMittal SA ADR	5.24%
6	RS	Reliance Steel & Aluminum Co	5.23%
7	SCCO	Southern Copper Corporation	5.19%
8	DOW	Dow Inc	5.14%
9	RIO	Rio Tinto ADR	4.96%
10	FCX	Freeport-McMoran Copper & Gold Inc	4.93%

Sector	Weight
Basic Materials	85.23%
Industrials	14.77%
Consumer Cyclicals	0.00%
Financial Services	0.00%
Real Estate	0.00%
Communication Services	0.00%
Energy	0.00%
Technology	0.00%
Consumer Defensive	0.00%
Healthcare	0.00%
Utilities	0.00%

Ticker	Name	Price	1D
QETH-U		$34.97	+23.70%
ETHQ-U		$8.92	+21.53%
COIU		$4.79	+15.98%
XRPP-U	Purpose XRP ETF USD ETF Currency Non-Hedged Units	$5.59	+15.98%
XRPP-B	Purpose Investments Inc - Purpose XRP ETF	$5.64	+15.57%
XRPQ		$7.66	+15.36%
XRPP		$5.38	+15.34%
MSTU		$4.76	+15.25%

CIBC Investor's Edge

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

7 stocks to buy and hold forever

Compare BASE

Explore More

Compare BASE vs Similar ETFs

Frequently Asked Questions — BASE