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

ETF | Financial Services Equity | Toronto Stock Exchange

Last Closing

CAD 17.74

Change

0.00 (0.00)%

Market Cap

CAD 7.77M

Volume

16.00

Analyst Target

N/A
Analyst Rating

N/A

ducovest Verdict

Verdict

About

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
STVN Stevanato Group SpA 12.60 %
Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2019-01-12 )

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 %

+0.16 (+0.43%)

CAD 3.21B
ZWB:CA BMO Covered Call Canadian Bank.. 0.71 %

+0.07 (+0.38%)

CAD 3.02B
XFN:CA iShares S&P/TSX Capped Financi.. 0.61 %

+0.14 (+0.28%)

CAD 1.37B
ZBK:CA BMO Equal Weight US Banks Inde.. 0.37 %

+0.20 (+0.68%)

CAD 0.72B
ZUB:CA BMO Equal Weight US Banks Hedg.. 0.38 %

+0.23 (+0.85%)

CAD 0.53B
ZWK:CA BMO Covered Call US Banks ETF 0.00 %

+0.14 (+0.67%)

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

+0.17 (+0.68%)

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

+0.10 (+0.58%)

CAD 0.20B
CIC:CA CI Canadian Banks Covered Call.. 0.84 %

+0.05 (+0.45%)

CAD 0.19B
HEWB:CA Horizons Equal Weight Canada B.. 0.00 %

+0.18 (+0.55%)

CAD 0.14B

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 4.97% 71% C- 70% C-
Dividend Return N/A N/A N/A N/A F
Total Return 4.97% 71% C- 70% C-
Trailing 12 Months  
Capital Gain -21.37% 23% F 23% F
Dividend Return 2.90% 48% F 39% F
Total Return -18.46% 32% F 23% 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 -1.57% 14% F 26% F
Dividend Return -0.62% 18% F 20% F
Total Return 0.96% 43% F 18% F
Risk Return Profile  
Volatility (Standard Deviation) 5.60% 73% C 79% B-
Risk Adjusted Return -11.00% 18% F 20% F
Market Capitalization 7.77M 32% F 11% 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:

There is nothing we particularly like

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.