HEF:CA:TSX-Horizons Enhanced Income Financials ETF Common

ETF | Financial Services Equity | Toronto Stock Exchange

Last Closing

CAD 8.26

Change

0.00 (0.00)%

Market Cap

CAD 0.02B

Volume

1.00

Analyst Target

N/A
Analyst Rating

N/A

ducovest Verdict

Verdict

About

The investment objective of Horizons HEF is to provide Unitholders with: (a) exposure to the performance of an equal weighted portfolio of Canadian banking, finance and financial services companies; and (b) monthly distributions of dividend and call option income. Horizons HEF will invest primarily in a portfolio of equity and equity related securities of Canadian companies that are primarily exposed to Canadian banking, finance and financial services sectors and that, as at the Constituent Reset Date, are amongst the largest and most liquid issuers listed on the TSX in their sector.

Inception Date: 16/05/2011

Primary Benchmark: S&P/TSX Capped Financials TR

Primary Index: MSCI World/Financials GR CAD

Gross Expense Ratio: NA%

Management Expense Ratio: 0.83 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Symbol Company Name Allocation
STVN Stevanato Group SpA 7.74 %
SGA:AU Sarytogan Graphite Ltd 7.30 %
Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2019-06-17 )

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 %

+0.16 (+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 HEF: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 9.26% 41% F 66% D+
Dividend Return 2.52% 81% B- 68% D+
Total Return 11.78% 44% F 69% C-
Trailing 12 Months  
Capital Gain -7.09% 57% F 43% F
Dividend Return 5.21% 81% B- 75% C
Total Return -1.87% 61% D- 48% F
Trailing 5 Years  
Capital Gain -8.43% 10% F 48% F
Dividend Return 17.67% 56% F 51% F
Total Return 9.24% 10% F 49% F
Average Annual (5 Year Horizon)  
Capital Gain -1.24% 36% F 34% F
Dividend Return 2.73% 57% F 45% F
Total Return 3.97% 89% A- 66% D+
Risk Return Profile  
Volatility (Standard Deviation) 10.66% 32% F 57% F
Risk Adjusted Return 25.62% 50% F 44% F
Market Capitalization 0.02B 47% F 17% 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 total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

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.

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.