Question 1

What is RAA?

Accepted Answer

RAA — SMI 3Fourteen REAL Asset Allocation ETF — is a Canadian-listed ETF trading on the NASDAQ. The fund is actively managed and allocates its portfolio assets among three asset categories " stocks, bonds, and alternatives. Portfolio assets are chosen using the REAL Asset Allocation ("RAA") strategy developed by an affiliate of the Adviser, 3Fourteen Research, LLC. The RAA strategy is based on a proprietary model that dynamically allocates the portfolio into three broad categories of asset c…

Question 2

What is the RAA ETF price today?

Accepted Answer

RAA last traded at $30.26 CAD on the NASDAQ. See the price chart above for recent performance.

Question 3

What is the RAA MER (management expense ratio)?

Accepted Answer

RAA has a management expense ratio (MER) of 0.91% 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.

Question 4

What are RAA annualised returns?

Accepted Answer

RAA historical returns: YTD: +2.63%, 1-year: +10.81%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 0.00, which measures risk-adjusted return.

Question 5

Does RAA pay dividends or distributions?

Accepted Answer

Yes, RAA distributes income to unitholders. The current distribution yield is approximately 2.11%. 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 RAA invest in?

Accepted Answer

RAA's top holdings include BNY Mellon US Large Cap Core Equity ETF (BKLC, 14.7%), Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (PDBC, 10.2%), Schwab Long-Term U.S. Treasury ETF (SCHQ, 8.0%), Vanguard Intermediate-Term Corporate Bond Index Fund ETF Shares (VCIT, 6.3%), Schwab High Yield Bond ETF (SCYB, 6.0%) — and 174 more positions. See the full Top 10 Holdings table above for a complete breakdown.

Question 7

What sectors does RAA invest in?

Accepted Answer

RAA's largest sector exposures are Technology (32.4%), Energy (13.2%), Basic Materials (8.5%). The full sector breakdown is shown in the Sector Weights table on this page.

Question 8

How large is RAA? (Assets under management)

Accepted Answer

RAA has approximately $615M 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 RAA launched?

Accepted Answer

RAA was launched on February 25, 2025, giving it a 1-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 RAA in Canada?

Accepted Answer

RAA trades on the NASDAQ under the ticker RAA. 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 RAA?

Accepted Answer

RAA has a 1-year volatility of 10.59% and a beta of 0.00 (less volatile than the broad market). Its 3-year Sharpe ratio of 0.00 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
2026-10-29	$30.37	$30.37	$30.17	$30.26	$30.26	63,000
2026-10-28	$30.35	$30.35	$30.27	$30.33	$30.33	31,900
2026-10-27	$30.40	$30.40	$30.17	$30.27	$30.27	27,500
2026-10-26	$30.26	$30.26	$30.07	$30.14	$30.14	23,400
2026-10-23	$30.16	$30.22	$29.99	$30.06	$30.06	12,500
2026-10-22	$30.15	$30.15	$29.94	$30.01	$30.01	36,800
2026-10-21	$30.32	$30.32	$30.19	$30.27	$30.27	32,200
2026-10-20	$29.97	$30.17	$29.97	$30.15	$30.15	17,900
2026-10-19	$30.21	$30.21	$30.11	$30.11	$30.11	20,500
2026-10-16	$30.16	$30.16	$30.03	$30.08	$30.08	25,500

#	Ticker	Name	Weight
1	BKLC	BNY Mellon US Large Cap Core Equity ETF	14.71%
2	PDBC	Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF	10.21%
3	SCHQ	Schwab Long-Term U.S. Treasury ETF	8.05%
4	VCIT	Vanguard Intermediate-Term Corporate Bond Index Fund ETF Shares	6.29%
5	SCYB	Schwab High Yield Bond ETF	5.99%
6	EMB	iShares J.P. Morgan USD Emerging Markets Bond ETF	4.10%
7	DBMF	iMGP DBi Managed Futures Strategy ETF	3.36%
8	SCHP	Schwab U.S. TIPS ETF	2.92%
9	VB	Vanguard Index Funds - Vanguard Small-Cap ETF	2.90%
10	TBIL	Rbb Fund Inc - Us Treasury 3 Month Bill ETF	1.95%

Sector	Weight
Technology	32.39%
Energy	13.20%
Basic Materials	8.52%
Consumer Cyclicals	7.72%
Communication Services	6.53%
Industrials	6.42%
Healthcare	6.26%
Financial Services	5.74%
Consumer Defensive	5.14%
Real Estate	4.94%
Utilities	1.55%

Ticker	Name	Price	1D
CGMD		$7.10	+11.64%
LLHE-U	Harvest Eli Lilly Enhanced High Income Shares ETF	$11.25	+9.22%
GASD		$6.29	+8.45%
GDXD	BetaPro Canadian Gold Miners -2x Daily Bear ETF	$9.91	+7.89%
SLVD	BetaPro Silver -2x Daily Bear ETF	$45.86	+7.83%
HND	BetaPro Natural Gas 2x Daily Bear	$29.33	+6.97%
LLHE	Harvest Eli Lilly Enhanced High Income Shares ETF - Class A Units	$11.55	+6.06%
QQQD		$6.98	+4.96%

SMI 3Fourteen REAL Asset Allocation ETF (RAA : NASDAQ)

Price Chart (30 Days)

Key Statistics

Recent Price History

Annualised Returns

Top 10 Holdings

Sector Weights

About SMI 3Fourteen REAL Asset Allocation ETF

ETF Details

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