ducovest

CEW:CA:TSX-iShares Equal Weight Banc & Lifeco ETF

ETF | Financial Services Equity | Toronto Stock Exchange

Last Closing

CAD 13

Change

0.00 (0.00)%

Market Cap

CAD 0.10B

Volume

0.02M

Analyst Target

N/A
Analyst Rating

N/A

ducovest Verdict

Verdict

About

The investment seeks to provide investors with a diversified equal weighted investment in a portfolio consisting of common shares of the largest Canadian banks and life insurance companies.

Company Website : www.ishares.com

Currency: CAD

Country : Canada

Inception Date: 06/02/2008

Primary Benchmark: S&P/TSX Capped Composite TR CAD

Primary Index: MSCI World/Financials GR CAD

Gross Expense Ratio: NA%

Management Expense Ratio: 0.60 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Symbol Company Name Allocation
BNS Bank of Nova Scotia 10.45 %
CM Canadian Imperial Bank Of Commerce 10.40 %
NA Nano Labs Ltd 10.12 %
MFC Manulife Financial Corp 10.00 %
BMO Bank of Montreal 9.96 %
RY Royal Bank of Canada 9.95 %
SWTX SpringWorks Therapeutics Inc 9.81 %
TD Toronto Dominion Bank 9.76 %
SLF Sun Life Financial Inc. 9.71 %
IAG IAMGold Corporation 9.60 %
Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2018-09-23 )

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 %

+0.13 (+0.36%)

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

+0.06 (+0.34%)

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

+0.22 (+0.45%)

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

+0.23 (+0.80%)

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

+0.28 (+1.06%)

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

+0.18 (+0.87%)

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

+0.08 (+0.33%)

 CAD 0.25B
CIC:CA CI Canadian Banks Covered Call.. 0.84 %

+0.05 (+0.46%)

 CAD 0.19B
BANK:CA Evolve Canadian Banks and Life.. 0.39 %

N/A

 CAD 0.15B
HEF:CA Horizons Enhanced Income Finan.. 0.83 %

N/A

 CAD 0.15B

ETFs Containing CEW: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 -0.69% 43% F 60% D-
Dividend Return 1.86% 29% F 26% F
Total Return 1.17% 43% F 52% F
Trailing 12 Months  
Capital Gain 6.12% 43% F 72% C
Dividend Return 3.02% 29% F 29% F
Total Return 9.15% 43% F 70% C-
Trailing 5 Years  
Capital Gain 49.25% 71% C- 77% C+
Dividend Return 17.69% 43% F 47% F
Total Return 66.94% 71% C- 77% C+
Average Annual (5 Year Horizon)  
Capital Gain 7.67% 71% C- 70% C-
Dividend Return 10.62% 57% F 70% C-
Total Return 2.97% 29% F 41% F
Risk Return Profile  
Volatility (Standard Deviation) 10.54% 57% F 72% C
Risk Adjusted Return 100.73% 86% B+ 85% B
Market Capitalization 0.10B 29% F 45% 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:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

What to not like:
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.