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

ETF | Financial Services Equity | Toronto Stock Exchange

Last Closing

CAD 12.66

Change

+0.10 (+0.80)%

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.

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 Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2019-03-18 )

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 %

+0.22 (+0.62%)

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

+0.10 (+0.56%)

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

+0.27 (+0.56%)

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

+0.59 (+2.09%)

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

+0.56 (+2.17%)

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

+0.30 (+1.47%)

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

N/A

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

+0.06 (+0.56%)

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

+0.06 (+0.84%)

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 13.95% 63% D 79% B-
Dividend Return 0.52% 24% F 21% F
Total Return 14.47% 67% D+ 80% B-
Trailing 12 Months  
Capital Gain -2.39% 71% C- 55% F
Dividend Return 2.71% 39% F 34% F
Total Return 0.32% 67% D+ 52% F
Trailing 5 Years  
Capital Gain 31.74% 60% D- 78% C+
Dividend Return 16.52% 33% F 46% F
Total Return 48.26% 70% C- 78% C+
Average Annual (5 Year Horizon)  
Capital Gain 5.77% 75% C 74% C
Dividend Return 8.69% 75% C 76% C+
Total Return 2.93% 74% C 53% F
Risk Return Profile  
Volatility (Standard Deviation) 11.67% 33% F 55% F
Risk Adjusted Return 74.45% 71% C- 79% B-
Market Capitalization 0.10B 79% B- 58% 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:
High dividend returns

The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

What to not like:
High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.