ducovest

DXM:CA:TSX-First Asset Morningstar Canada Dividend Target 30 Index ETF

ETF | Canadian Dividend and Income Equity | Toronto Stock Exchange

Last Closing

CAD 10.01

Change

0.00 (0.00)%

Market Cap

CAD 0.03B

Volume

200.00

Analyst Target

N/A
Analyst Rating

N/A

ducovest Verdict

Verdict

About

The First Asset Morningstar Canada Dividend Target 30 Index ETF (the "Fund") has been designed to replicate, to the extent possible, the performance of the Morningstar Canada Target Dividend IndexTM (the "Index") (formerly, Morningstar Canada Dividend Target 30 IndexTM), net of expenses. The Index reflects the performance of 30 dividend-paying, Canada-based equities, utilizing proprietary CPMS methodologies from Morningstar to screen for, among other things, above-average returns on equity and high cash flows relative to debt. To qualify for inclusion in the Index, the constituent securities must, among other things, trade on the TSX, be classified as a Canadian issuer, be one of the 100 stocks with the highest 12-month average trading volume and have an expected dividend yield greater than 1. The Index is comprised of the top 30 issuers that meet the screening requirements, and are equally weighted and rebalanced quarterly.

Company Website : www.firstasset.com

Currency: CAD

Country : Canada

Inception Date: 06/02/2012

Primary Benchmark: Morningstar Canada Tgt Div TR CAD

Primary Index: S&P/TSX Composite TR

Gross Expense Ratio: NA%

Management Expense Ratio: 0.67 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Symbol Company Name Allocation
HAEK:F Haemato AG 3.51 %
BANKNIFTY:NSE 3.49 %
SGA:AU Sarytogan Graphite Ltd 3.37 %
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 Canadian Dividend and Income Equity

Symbol Name Mer Price(Change) Market Cap
VDY:CA Vanguard FTSE Canadian High Di.. 0.22 %

+0.11 (+0.26%)

 CAD 2.09B
ZWC:CA BMO Canadian High Dividend Cov.. 0.72 %

+0.10 (+0.59%)

 CAD 1.62B
XEI:CA iShares S&P/TSX Composite High.. 0.22 %

+0.11 (+0.45%)

 CAD 1.57B
XDV:CA iShares Canadian Select Divide.. 0.55 %

+0.06 (+0.23%)

 CAD 1.55B
XDIV:CA iShares Core MSCI Canadian Qua.. 0.11 %

+0.15 (+0.58%)

 CAD 1.04B
ZDV:CA BMO Canadian Dividend 0.38 %

+0.06 (+0.31%)

 CAD 0.99B
CDZ:CA iShares S&P/TSX Canadian Divid.. 0.66 %

+0.07 (+0.23%)

 CAD 0.88B
PDC:CA Invesco Canadian Dividend Inde.. 0.55 %

+0.14 (+0.47%)

 CAD 0.76B
DGRC:CA CI WisdomTree Canada Quality D.. 0.24 %

+0.04 (+0.11%)

 CAD 0.72B
DXC:CA Dynamic Active Canadian Divide.. 0.86 %

+0.02 (+0.06%)

 CAD 0.22B

ETFs Containing DXM:CA

CED:CA 0.00 % 1.00 %

N/A

 N/A

Market Performance

  Market Performance vs. Industry/Classification (Canadian Dividend and Income Equity) Market Performance vs. Exchange (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -5.21% 33% F 37% F
Dividend Return 3.21% 89% A- 57% F
Total Return -2.00% 33% F 38% F
Trailing 12 Months  
Capital Gain -2.72% 11% F 38% F
Dividend Return 5.16% 100% F 69% C-
Total Return 2.44% 22% F 43% F
Trailing 5 Years  
Capital Gain -2.72% 11% F 46% F
Dividend Return 8.36% 11% F 16% F
Total Return 5.64% 11% F 36% F
Average Annual (5 Year Horizon)  
Capital Gain -1.57% 11% F 25% F
Dividend Return -0.14% 11% F 21% F
Total Return 1.43% 11% F 17% F
Risk Return Profile  
Volatility (Standard Deviation) 10.88% 44% F 71% C-
Risk Adjusted Return -1.32% 11% F 21% F
Market Capitalization 0.03B 11% F 10% 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.

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.

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.