ZEB:CA:TSX-BMO S&P/TSX Equal Weight Banks Index ETF

ETF | Financial Services Equity | Toronto Stock Exchange

Last Closing

CAD 29.68

Change

+0.15 (+0.51)%

Market Cap

CAD 0.96B

Volume

0.65M

Analyst Target

N/A
Analyst Rating

N/A

ducovest Verdict

Verdict

About

The investment seeks to replicate, net of expenses, the S&P/TSX Equal Weight Diversified Banks Index. The fund will invest in and hold a proportionate share of the constituent securities of the applicable index, or other securities, to replicate the performance of the index.

Inception Date: 20/10/2009

Primary Benchmark: Solactive EW CAN Banks TR CAD

Primary Index: MSCI World/Financials GR CAD

Gross Expense Ratio: NA%

Management Expense Ratio: 0.62 %

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 Financial Services Equity

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

N/A

CAD 1.87B
ZBK:CA BMO Equal Weight US Banks Inde.. 0.39 %

N/A

CAD 1.12B
XFN:CA iShares S&P/TSX Capped Financi.. 0.61 %

N/A

CAD 1.00B
ZUB:CA BMO Equal Weight US Banks Hedg.. 0.39 %

N/A

CAD 0.68B
FLI:CA First Asset U.S. & Canada Life.. 0.94 %

N/A

CAD 0.20B
CEW:CA iShares Equal Weight Banc & Li.. 0.60 %

N/A

CAD 0.18B
CIC:CA First Asset CanBanc Income Cla.. 0.84 %

N/A

CAD 0.16B
HBG:CA Hamilton Capital Global Bank E.. 1.02 %

N/A

CAD 0.10B
HFY:CA Hamilton Capital Global Financ.. 1.03 %

N/A

CAD 0.07B
FSF:CA First Asset Global Financial S.. 1.41 %

N/A

CAD 0.06B

ETFs Containing ZEB:CA

ZWB:CA BMO Covered Call Canadian.. 40.54 % 0.72 %

N/A

CAD 1.87B

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 -0.10% 50% F 57% F
Dividend Return 1.06% 62% D- 42% F
Total Return 0.96% 68% D+ 56% F
Trailing 12 Months  
Capital Gain 12.47% 82% B- 77% C+
Dividend Return 3.19% 69% D+ 41% F
Total Return 15.65% 88% B+ 78% C+
Trailing 5 Years  
Capital Gain 59.06% 86% B 79% C+
Dividend Return 20.15% 71% C- 60% D-
Total Return 79.21% 86% B 81% B-
Average Annual (5 Year Horizon)  
Capital Gain 9.46% 82% B- 76% C
Dividend Return 12.82% 88% B+ 78% C+
Total Return 3.36% 81% B- 59% F
Risk Return Profile  
Volatility (Standard Deviation) 12.76% 29% F 55% F
Risk Adjusted Return 100.42% 76% C 86% B
Market Capitalization 0.96B 96% A 88% 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.

Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (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:
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.