ducovest

BANK:CA:TSX-BMO Global Banks Hedged to CAD Index ETF

ETF | Financial Services Equity | Toronto Stock Exchange

Last Closing

CAD 19.05

Change

0.00 (0.00)%

Market Cap

CAD 0.01B

Volume

38.00

Analyst Target

N/A
Analyst Rating

N/A

ducovest Verdict

Verdict

About

Currency: CAD

Country : Canada

Inception Date: 03/04/2017

Primary Benchmark: Russell Dev LC Bank Cap 100% Hdg TR CAD

Primary Index:

Gross Expense Ratio: %

Management Expense Ratio: 0.39 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Symbol Company Name Allocation
CM Canadian Imperial Bank Of Commerce 13.35 %
NA Nano Labs Ltd 13.06 %
BNS Bank of Nova Scotia 12.96 %
MFC Manulife Financial Corp 12.87 %
BMO Bank of Montreal 12.38 %
RY Royal Bank of Canada 12.10 %
SLF Sun Life Financial Inc. 12.08 %
TD Toronto Dominion Bank 11.85 %
AQN Algonquin Power & Utilities Corp 11.38 %
Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2018-10-17 )

Largest Industry Peers for Financial Services Equity

Symbol Name Mer Price(Change) Market Cap
ZEB:CA BMO S&P/TSX Equal Weight Banks 0.60 %

-0.20 (-0.56%)

 CAD 3.75B
ZWB:CA BMO Covered Call Canadian Bank.. 0.71 %

-0.08 (-0.45%)

 CAD 2.98B
XFN:CA iShares S&P/TSX Capped Financi.. 0.61 %

-0.37 (-0.76%)

 CAD 1.39B
ZBK:CA BMO Equal Weight US Banks Inde.. 0.37 %

+0.35 (+1.20%)

 CAD 0.68B
ZUB:CA BMO Equal Weight US Banks Hedg.. 0.38 %

+0.23 (+0.86%)

 CAD 0.49B
ZWK:CA BMO Covered Call US Banks ETF 0.00 %

+0.21 (+1.00%)

 CAD 0.34B
RBNK:CA RBC Canadian Bank Yield Index .. 0.33 %

-0.13 (-0.54%)

 CAD 0.25B
CEW:CA iShares Equal Weight Banc & Li.. 0.60 %

-0.11 (-0.65%)

 CAD 0.19B
CIC:CA CI Canadian Banks Covered Call.. 0.84 %

-0.05 (-0.46%)

 CAD 0.19B
HEF:CA Horizons Enhanced Income Finan.. 0.83 %

N/A

 CAD 0.15B

ETFs Containing BANK:CA

N/A

Market Performance

  Market Performance vs. Industry/Classification (Financial Services Equity) Market Performance vs. Exchange (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -12.21% 14% F 25% F
Dividend Return 2.10% 52% F 36% F
Total Return -10.12% 14% F 24% F
Trailing 12 Months  
Capital Gain -9.24% 14% F 27% F
Dividend Return 2.17% 45% F 26% F
Total Return -7.07% 14% F 26% F
Trailing 5 Years  
Capital Gain N/A N/A N/A N/A F
Dividend Return N/A N/A N/A N/A F
Total Return N/A N/A N/A N/A F
Average Annual (5 Year Horizon)  
Capital Gain 0.56% 21% F 45% F
Dividend Return 1.30% 21% F 28% F
Total Return 0.74% 33% F 14% F
Risk Return Profile  
Volatility (Standard Deviation) 2.58% 95% A 90% A-
Risk Adjusted Return 50.52% 32% F 56% F
Market Capitalization 0.01B 34% F 13% F

Annual Financials (CAD)

Quarterly Financials (CAD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.