RWC:CA:TSX-First Asset MSCI Canada Low Risk Weighted ETF

ETF | Canadian Equity | Toronto Stock Exchange

Last Closing

CAD 11.76

Change

0.00 (0.00)%

Market Cap

CAD 0.02B

Volume

1.12K

Analyst Target

N/A
Analyst Rating

N/A

ducovest Verdict

Verdict

About

The First Asset MSCI Canada Low Risk Weighted ETF has been designed to replicate, to the extent possible, the performance of the MSCI Canada Risk Weighted Index, net of expenses. MSCI Canada Risk Weighted Index is based on a traditional market capitalization weighted parent index, MSCI Canada Index, which includes Canadian large and mid-capitalization stocks. Constructed using a simple, but effective and transparent process, the MSCI Canada Risk Weighted Index reweights each security of the parent index so that stocks with lower risk are given higher index weights. The Index seeks to emphasize stocks with lower historical return variance and tends to have a bias towards lower size and lower risk stocks. Historically, the Index has exhibited lower realized volatility in comparison to its parent index.

Inception Date: 19/02/2014

Primary Benchmark: MSCI Canada Risk Weighted GR CAD

Primary Index: S&P/TSX Composite TR

Gross Expense Ratio: NA%

Management Expense Ratio: 0.66 %

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: 2018-05-22 )

Largest Industry Peers for Canadian Equity

Symbol Name Mer Price(Change) Market Cap
XIU:CA iShares S&P/TSX 60 Index ETF 0.17 %

N/A

CAD 9.89B
XIC:CA iShares Core S&P/TSX Capped Co.. 0.06 %

N/A

CAD 4.04B
ZCN:CA BMO S&P/TSX Capped Composite I.. 0.06 %

N/A

CAD 4.00B
HXT:CA Horizons S&P/TSX 60 Index ETF 0.03 %

N/A

CAD 2.07B
VCN:CA Vanguard FTSE Canada All Cap I.. 0.06 %

N/A

CAD 1.63B
HXT.U:CA Horizons S&P/TSX 60 Index ETF 0.03 %

N/A

CAD 1.61B
ZLB:CA BMO Low Volatility Canadian Eq.. 0.39 %

N/A

CAD 1.20B
VCE:CA Vanguard FTSE Canada Index ETF 0.06 %

N/A

CAD 0.57B
TLV:CA Invesco S&P/TSX Composite Low .. 0.34 %

N/A

CAD 0.34B
PXC:CA Invesco FTSE RAFI Canadian Ind.. 0.51 %

N/A

CAD 0.29B

ETFs Containing RWC:CA

CED:CA First Asset Core Canadian.. 22.43 % 0.96 %

N/A

CAD 0.01B
CSY:CA First Asset Core Canadian.. 17.99 % 1.92 %

N/A

CAD 0.02B

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 -2.73% 6% F 35% F
Dividend Return 0.64% 69% D+ 23% F
Total Return -2.09% 3% F 33% F
Trailing 12 Months  
Capital Gain 0.43% 15% F 50% F
Dividend Return 2.54% 74% C 30% F
Total Return 2.97% 12% F 45% F
Trailing 5 Years  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Average Annual (5 Year Horizon)  
Capital Gain 2.52% 24% F 55% F
Dividend Return 3.19% 27% F 39% F
Total Return 0.67% 26% F 13% F
Risk Return Profile  
Volatility (Standard Deviation) 7.58% 64% D 75% C
Risk Adjusted Return 42.04% 24% F 49% F
Market Capitalization 0.02B 10% 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:
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.

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 total returns

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

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.