ducovest

QCN:CA:TSX-Mackenzie Canadian Equity Index ETF

ETF | Canadian Equity | Toronto Stock Exchange

Last Closing

CAD 101.08

Change

+0.23 (+0.23)%

Market Cap

CAD 0.03B

Volume

2.50K

Analyst Target

N/A
Analyst Rating

N/A

ducovest Verdict

Verdict

About

Currency: CAD

Country : Canada

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 Holdings

N/A

Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2019-04-23 )

Largest Industry Peers for Canadian Equity

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

+0.13 (+0.39%)

 CAD 12.31B
XIC:CA iShares Core S&P/TSX Capped Co.. 0.06 %

+0.16 (+0.46%)

 CAD 11.42B
ZCN:CA BMO S&P/TSX Capped Composite 0.05 %

+0.12 (+0.41%)

 CAD 7.38B
VCN:CA Vanguard FTSE Canada All Cap 0.06 %

+0.18 (+0.40%)

 CAD 6.54B
HXT:CA Horizons S&P/TSX 60 Index ETF 0.03 %

+0.21 (+0.38%)

 CAD 3.86B
ZLB:CA BMO Low Volatility Canadian Eq.. 0.39 %

+0.08 (+0.19%)

 CAD 3.49B
VCE:CA Vanguard FTSE Canada 0.06 %

+0.16 (+0.33%)

 CAD 1.68B
WXM:CA First Asset Morningstar Canada.. 0.67 %

+0.08 (+0.30%)

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

+0.17 (+0.51%)

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

+0.16 (+0.60%)

 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 17.22% 86% B+ 80% B-
Dividend Return 0.86% 83% B 35% F
Total Return 18.08% 90% A- 80% B-
Trailing 12 Months  
Capital Gain 7.04% 47% F 79% B-
Dividend Return 2.35% 46% F 27% F
Total Return 9.39% 50% F 78% 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 0.59% 24% F 53% F
Dividend Return 0.96% 16% F 32% F
Total Return 0.37% 6% D- 7% C-
Risk Return Profile  
Volatility (Standard Deviation) 2.44% 97% N/A 91% A-
Risk Adjusted Return 39.50% 32% F 56% F
Market Capitalization 0.03B 44% F 28% 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.