WXM:CA:TSX-First Asset Morningstar Canada Momentum Index ETF

ETF | Canadian Equity | Toronto Stock Exchange

Last Closing

CAD 16.13

Change

0.00 (0.00)%

Market Cap

CAD 0.15B

Volume

5.88K

Analyst Target

N/A
Analyst Rating

N/A

ducovest Verdict

Verdict

About

The First Asset Morningstar Canada Momentum Index ETF has been designed to replicate, to the extent possible, the performance of the Morningstar? Canada Target Momentum Index?, net of expenses. The First Asset Morningstar Canada Momentum Index ETF invests in equity securities of the largest and most liquid Canadian issuers based on proprietary research generated by Morningstar, and is designed to provide diversified exposure to Canadian issuers which have demonstrated, among other things, positive momentum in earnings and price.

Inception Date: 15/02/2012

Primary Benchmark: Morningstar Canada Tgt Mtum TR CAD

Primary Index: S&P/TSX Composite TR

Gross Expense Ratio: NA%

Management Expense Ratio: 0.67 %

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: 2019-01-12 )

Largest Industry Peers for Canadian Equity

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

+0.23 (+0.93%)

CAD 9.61B
XIC:CA iShares Core S&P/TSX Capped Co.. 0.06 %

+0.25 (+0.96%)

CAD 5.36B
ZCN:CA BMO S&P/TSX Capped Composite I.. 0.05 %

+0.20 (+0.90%)

CAD 4.11B
HXT:CA Horizons S&P/TSX 60 Index ETF 0.03 %

+0.33 (+0.92%)

CAD 2.04B
VCN:CA Vanguard FTSE Canada All Cap I.. 0.06 %

+0.32 (+0.96%)

CAD 1.99B
HXT.U:CA Horizons S&P/TSX 60 Index ETF 0.03 %

+0.52 (+1.97%)

CAD 1.52B
ZLB:CA BMO Low Volatility Canadian Eq.. 0.39 %

+0.20 (+0.59%)

CAD 1.52B
VCE:CA Vanguard FTSE Canada Index ETF 0.06 %

+0.34 (+0.97%)

CAD 0.66B
FQC:CA CI First Asset MSCI Canada Qua.. 1.01 %

+0.37 (+1.42%)

CAD 0.55B
TLV:CA Invesco S&P/TSX Composite Low .. 0.34 %

+0.20 (+0.68%)

CAD 0.37B

ETFs Containing WXM:CA

CED:CA CI First Asset Core Canad.. 28.08 % 1.00 %

N/A

CAD 5.92M
CSY:CA CI First Asset Core Canad.. 16.21 % 1.31 %

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 5.63% 90% A- 74% C
Dividend Return N/A N/A N/A N/A N/A
Total Return 5.63% 90% A- 74% C
Trailing 12 Months  
Capital Gain -2.36% 94% A 75% C
Dividend Return 1.33% 12% F 11% F
Total Return -1.03% 94% A 69% D+
Trailing 5 Years  
Capital Gain 19.30% 74% C 73% C
Dividend Return 6.59% 18% F 13% F
Total Return 25.90% 53% F 65% D
Average Annual (5 Year Horizon)  
Capital Gain 5.19% 86% B 70% C-
Dividend Return 6.44% 86% B 65% D
Total Return 1.26% 47% F 25% F
Risk Return Profile  
Volatility (Standard Deviation) 10.79% 22% F 59% F
Risk Adjusted Return 59.72% 67% D+ 69% D+
Market Capitalization 0.15B 79% C+ 72% C-

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:
High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

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:
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.

Below median total returns

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