ZBK:CA:TSX-BMO Equal Weight US Banks Index ETF

ETF | Financial Services Equity | Toronto Stock Exchange

Last Closing

CAD 23.77

Change

0.00 (0.00)%

Market Cap

CAD 0.61B

Volume

0.02M

Analyst Target

N/A
Analyst Rating

N/A

ducovest Verdict

Verdict

About

The fund seeks to replicate, to the extent possible, the performance of the Solactive Equal Weight US Bank Index Canadian Dollar Hedged (the "Index"), net of expenses. The investment strategy of the fund is to invest in and hold the constituent securities of the Index in the same proportion as they are reflected in the Index. The Index consists of large capitalization United States banks. Each security in the Index is allocated an equal weight rather than a market capitalization weight.

Inception Date: 10/02/2014

Primary Benchmark: Solactive Equal Weight US Bank

Primary Index: MSCI World/Financials GR CAD

Gross Expense Ratio: NA%

Management Expense Ratio: 0.39 %

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 Financial Services Equity

Symbol Name Mer Price(Change) Market Cap
ZWB:CA BMO Covered Call Canadian Bank.. 0.72 %

N/A

CAD 1.92B
ZEB:CA BMO Equal Weight Banks Index E.. 0.62 %

N/A

CAD 1.40B
XFN:CA iShares S&P/TSX Capped Financi.. 0.61 %

N/A

CAD 1.08B
ZUB:CA BMO Equal Weight US Banks Hedg.. 0.39 %

N/A

CAD 0.55B
FSF:CA First Asset Global Financial S.. 1.41 %

N/A

CAD 0.22B
FLI:CA First Asset U.S. & Canada Life.. 0.94 %

N/A

CAD 0.16B
CEW:CA iShares Equal Weight Banc & Li.. 0.60 %

N/A

CAD 0.16B
CIC:CA First Asset CanBanc Income Cla.. 0.84 %

N/A

CAD 0.16B
HFMU.U:CA Hamilton Capital U.S. Mid-Cap .. 1.01 %

N/A

CAD 0.07B
RBNK:CA RBC Canadian Bank Yield Index .. 0.34 %

N/A

CAD 0.07B

ETFs Containing ZBK:CA

ZUB:CA BMO Equal Weight US Banks.. 99.72 % 0.39 %

N/A

CAD 0.55B

Market Performance

  Market Performance vs. Industry/Classification (Financial Services Equity) Market Performance vs. Exchange (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 3.39% 14% F 57% F
Dividend Return N/A N/A N/A N/A N/A
Total Return 3.39% 14% F 57% F
Trailing 12 Months  
Capital Gain -14.65% 50% F 35% F
Dividend Return 1.47% 24% F 13% F
Total Return -13.18% 45% F 30% 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 16.19% 100% A+ 89% B+
Dividend Return 17.40% 100% A+ 88% B+
Total Return 1.21% 48% F 24% F
Risk Return Profile  
Volatility (Standard Deviation) 18.20% 18% F 41% F
Risk Adjusted Return 95.62% 100% A+ 87% B+
Market Capitalization 0.61B 90% A- 84% B

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.

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.

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.