ducovest

QXM:CA:TSX-First Asset Morningstar National Bank Quebec Index ETF

ETF | Canadian Equity | Toronto Stock Exchange

Last Closing

CAD 19.53

Change

+0.12 (+0.62)%

Market Cap

CAD 0.06B

Volume

3.20K

Analyst Target

N/A
Analyst Rating

N/A

ducovest Verdict

Verdict

About

The First Asset Morningstar National Bank Qu?bec Index ETF has been designed to replicate, to the extent possible, the performance of the Morningstar? National Bank Qu?bec Index?, net of expenses. The First Asset Morningstar National Bank Qu?bec Index ETF invests in equity securities of issuers with a minimum float capitalization of $150 million and which are headquartered in the Province of Qu?bec.

Company Website : www.firstasset.com

Currency: CAD

Country : Canada

Inception Date: 06/02/2012

Primary Benchmark: Morningstar National Bank Quebec NR CAD

Primary Index: S&P/TSX Composite TR

Gross Expense Ratio: NA%

Management Expense Ratio: 0.58 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Symbol Company Name Allocation
STVN Stevanato Group SpA 5.49 %
Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2019-01-18 )

Largest Industry Peers for Canadian Equity

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

+0.03 (+0.09%)

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

+0.03 (+0.09%)

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

+0.05 (+0.17%)

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

+0.01 (+0.02%)

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

+0.10 (+0.17%)

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

+0.03 (+0.07%)

 CAD 3.49B
VCE:CA Vanguard FTSE Canada 0.06 %

+0.05 (+0.11%)

 CAD 1.59B
QCN:CA Mackenzie Canadian Equity Inde.. 0.06 %

+0.54 (+0.41%)

 CAD 1.37B
WXM:CA First Asset Morningstar Canada.. 0.67 %

-0.03 (-0.11%)

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

+0.08 (+0.24%)

 CAD 0.41B

ETFs Containing QXM: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 6.72% 56% F 73% C
Dividend Return N/A N/A N/A N/A F
Total Return 6.72% 56% F 73% C
Trailing 12 Months  
Capital Gain -3.98% 83% B 67% D+
Dividend Return 1.48% 15% F 13% F
Total Return -2.50% 69% C- 61% D-
Trailing 5 Years  
Capital Gain 40.81% 89% A- 83% B
Dividend Return 4.67% 6% D- 8% B-
Total Return 45.47% 89% A- 78% C+
Average Annual (5 Year Horizon)  
Capital Gain 7.91% 97% N/A 78% C+
Dividend Return 8.57% 94% A 74% C
Total Return 0.65% 18% F 12% F
Risk Return Profile  
Volatility (Standard Deviation) 8.05% 53% F 70% C-
Risk Adjusted Return 106.45% 97% N/A 91% A-
Market Capitalization 0.06B 60% D- 40% 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 risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

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.

What to not like:
Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.