Question 1

What is SAFE?

Accepted Answer

SAFE (Global X Equal Weight Canadian Insurance Index ETF) is a Canadian-listed ETF trading on the TSX in the Financials Equity category. It tracks the Morningstar Gbl Fin Svc GR CAD.

Question 2

What is the SAFE ETF price today?

Accepted Answer

SAFE last traded at $28.57 CAD on the TSX. See the price chart above for recent performance.

Question 3

What are SAFE annualised returns?

Accepted Answer

SAFE historical returns: YTD: +21.57%, 1-year: +33.28%, 3-year annualised: +0.00%, 5-year annualised: +0.00%, 10-year annualised: +0.00%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 0.00, which measures risk-adjusted return.

Question 4

Does SAFE pay dividends or distributions?

Accepted Answer

Yes, SAFE distributes income to unitholders. The current distribution yield is approximately 2.85%, paid annually. 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 5

What does SAFE invest in?

Accepted Answer

SAFE's top holdings include Manulife Financial Corp (MFC, 26.6%), Great-West Lifeco Inc. (GWO, 26.1%), Sun Life Financial Inc. (SLF, 24.7%), Intact Financial Corporation (IFC, 21.2%). See the full Top 10 Holdings table above for a complete breakdown. The fund tracks the Morningstar Gbl Fin Svc GR CAD.

Question 6

What sectors does SAFE invest in?

Accepted Answer

SAFE's largest sector exposures are Financial Services (100.0%), Energy (0.0%), Utilities (0.0%). The full sector breakdown is shown in the Sector Weights table on this page.

Question 7

How large is SAFE? (Assets under management)

Accepted Answer

SAFE has approximately $9M 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 8

When was SAFE launched?

Accepted Answer

SAFE was launched on November 6, 2024, giving it a 2-year track record. A longer history makes it easier to evaluate how the ETF performs across different market cycles.

Question 9

How do I buy SAFE in Canada?

Accepted Answer

SAFE trades on the TSX under the ticker SAFE. 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 10

How risky is SAFE?

Accepted Answer

SAFE has a 1-year volatility of 16.75% 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	$28.57	$28.57	$28.57	$28.57	$28.57	952
2026-10-28	$28.44	$28.44	$28.44	$28.44	$28.44	151
2026-10-27	$28.18	$28.34	$28.18	$28.34	$28.34	4,611
2026-10-26	$28.19	$28.19	$28.19	$28.19	$28.19	3,065
2026-10-23	$28.13	$28.13	$28.13	$28.13	$28.13	219
2026-10-22	$28.60	$28.68	$28.60	$28.68	$28.68	1,058
2026-10-21	$28.45	$28.50	$28.45	$28.50	$28.50	3,327
2026-10-20	$28.12	$28.12	$28.12	$28.12	$28.12	141
2026-10-19	$28.05	$28.05	$28.05	$28.05	$28.05	0
2026-10-16	$27.97	$28.04	$27.97	$28.04	$28.04	905

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LLHE	Harvest Eli Lilly Enhanced High Income Shares ETF - Class A Units	$11.55	+6.06%
QQQD		$6.98	+4.96%

Global X Equal Weight Canadian Insurance Index ETF (SAFE : TSX)

Price Chart (30 Days)

Key Statistics

Recent Price History

Annualised Returns

Top 10 Holdings

Sector Weights

ETF Details

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Frequently Asked Questions — SAFE