QCN:CA:TSX-Mackenzie Canadian Equity Index ETF

ETF | Canadian Equity | Toronto Stock Exchange

Last Closing

CAD 97.87

Change

+0.76 (+0.78)%

Market Cap

CAD 0.03B

Volume

100.00

Analyst Target

N/A
Analyst Rating

N/A

ducovest Verdict

Verdict

About

Inception Date: 24/01/2018

Primary Benchmark: Solactive Canada Broad Market NR CAD

Primary Index:

Gross Expense Ratio: %

Management Expense Ratio: 0.06 %

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: 2019-02-21 )

Largest Industry Peers for Canadian Equity

Symbol Name Mer Price(Change) Market Cap
XIU:CA iShares S&P/TSX 60 0.18 %

+0.08 (+0.24%)

CAD 12.48B
XIC:CA iShares Core S&P/TSX Capped Co.. 0.06 %

+0.10 (+0.28%)

CAD 11.55B
ZCN:CA BMO S&P/TSX Capped Composite 0.05 %

+0.11 (+0.37%)

CAD 7.26B
VCN:CA Vanguard FTSE Canada All Cap 0.06 %

+0.12 (+0.27%)

CAD 6.28B
HXT:CA Horizons S&P/TSX 60 Index ETF 0.03 %

+0.16 (+0.28%)

CAD 3.75B
ZLB:CA BMO Low Volatility Canadian Eq.. 0.39 %

+0.01 (+0.02%)

CAD 3.49B
VCE:CA Vanguard FTSE Canada 0.06 %

+0.10 (+0.21%)

CAD 1.59B
WXM:CA First Asset Morningstar Canada.. 0.67 %

+0.04 (+0.15%)

CAD 0.55B
MKC:CA Mackenzie Maximum Diversificat.. 0.59 %

-0.02 (-0.06%)

CAD 0.41B
XESG:CA iShares ESG Aware MSCI Canada .. 0.00 %

+0.09 (+0.34%)

CAD 0.37B

ETFs Containing QCN:CA

N/A

Market Performance

  Market Performance vs. Industry/Classification (Canadian Equity) Market Performance vs. Exchange (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 13.50% 91% A- 81% B-
Dividend Return N/A N/A N/A N/A F
Total Return 13.50% 91% A- 81% B-
Trailing 12 Months  
Capital Gain 3.12% 54% F 78% C+
Dividend Return 1.74% 19% F 18% F
Total Return 4.86% 44% F 75% C
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 -0.02% 16% F 47% F
Dividend Return 0.08% 8% B- 26% F
Total Return 0.10% 3% F 2% F
Risk Return Profile  
Volatility (Standard Deviation) 0.89% 100% F 97% N/A
Risk Adjusted Return 8.67% 11% F 29% F
Market Capitalization 0.03B 45% F 27% 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:
Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

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.