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 $29.87 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: +16.36%, 1-year: +43.68%, 3-year annualised: +16.20%, 5-year annualised: +10.13%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 0.71, 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 8.81%, 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 (87.0%), Industrials (13.0%), 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 $95M 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 22.68% and a beta of 0.77 (less volatile than the broad market). Its 3-year Sharpe ratio of 0.71 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
2026-09-10	$29.95	$29.95	$29.86	$29.87	$29.87	2,254
2026-09-09	$30.62	$30.77	$30.62	$30.70	$30.70	320
2026-09-08	$31.00	$31.01	$30.71	$30.71	$30.71	4,059
2026-09-04	$30.64	$30.64	$30.56	$30.56	$30.56	2,700
2026-09-03	$30.80	$30.80	$30.80	$30.80	$30.80	1,551
2026-09-02	$30.60	$30.60	$30.50	$30.58	$30.58	9,629
2026-09-01	$29.98	$30.19	$29.98	$30.08	$30.08	347
2026-08-31	$30.45	$30.47	$30.40	$30.47	$30.47	1,600
2026-08-28	$31.07	$31.07	$30.78	$30.83	$30.83	1,324
2026-08-27	$31.34	$31.34	$31.30	$31.30	$31.30	522

#	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	87.04%
Industrials	12.96%
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
OILU		$65.56	+11.27%
HOU	BetaPro Crude Oil Daily Bull ETF	$29.03	+11.14%
SLVD	BetaPro Silver -2x Daily Bear ETF	$31.94	+10.98%
CGMD		$5.11	+10.61%
SOXD		$15.41	+7.69%
AAPU		$43.36	+7.33%
MSTZ		$3.24	+7.28%
GASD		$5.46	+6.64%

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