ZUB:CA:TSX-BMO Equal Weight US Banks Hedged to CAD Index ETF

ETF | Financial Services Equity | Toronto Stock Exchange

Last Closing

CAD 30.18

Change

0.00 (0.00)%

Market Cap

CAD 0.40B

Volume

0.06M

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. The U.S. dollar exposure is hedged to the Canadian dollar.

Inception Date: 19/05/2010

Primary Benchmark: Solactive Equal Weight US Bank CAD Hdg

Primary Index: MSCI World/Financials GR CAD

Gross Expense Ratio: NA%

Management Expense Ratio: 0.38 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2018-06-24 )

Largest Industry Peers for Financial Services Equity

Symbol Name Mer Price(Change) Market Cap
ZEB:CA BMO S&P/TSX Equal Weight Banks 0.60 %

+0.21 (+0.57%)

CAD 3.21B
ZWB:CA BMO Covered Call Canadian Bank.. 0.71 %

N/A

CAD 3.02B
XFN:CA iShares S&P/TSX Capped Financi.. 0.61 %

+0.43 (+0.87%)

CAD 1.37B
ZBK:CA BMO Equal Weight US Banks Inde.. 0.37 %

+0.51 (+1.77%)

CAD 0.72B
ZWK:CA BMO Covered Call US Banks ETF 0.00 %

+0.24 (+1.16%)

CAD 0.34B
RBNK:CA RBC Canadian Bank Yield Index .. 0.33 %

+0.24 (+0.97%)

CAD 0.25B
CEW:CA iShares Equal Weight Banc & Li.. 0.60 %

+0.07 (+0.41%)

CAD 0.20B
CIC:CA CI Canadian Banks Covered Call.. 0.84 %

+0.06 (+0.55%)

CAD 0.19B
HEWB:CA Horizons Equal Weight Canada B.. 0.00 %

+0.24 (+0.74%)

CAD 0.14B
BANK:CA Evolve Canadian Banks and Life.. 0.39 %

-0.03 (-0.33%)

CAD 0.13B

ETFs Containing ZUB:CA

N/A

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 1.68% 67% D+ 68% D+
Dividend Return 0.29% 19% F 4% F
Total Return 1.97% 67% D+ 63% D
Trailing 12 Months  
Capital Gain 19.24% 94% A 85% B
Dividend Return 0.97% 19% F 9% A-
Total Return 20.21% 94% A 84% B
Trailing 5 Years  
Capital Gain 79.43% 100% F 82% B
Dividend Return 8.20% 14% F 16% F
Total Return 87.63% 86% B+ 80% B-
Average Annual (5 Year Horizon)  
Capital Gain 12.50% 94% A 82% B
Dividend Return 13.92% 94% A 80% B-
Total Return 1.42% 56% F 29% F
Risk Return Profile  
Volatility (Standard Deviation) 19.45% 18% F 40% F
Risk Adjusted Return 71.59% 41% F 69% C-
Market Capitalization 0.40B 86% B+ 82% 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 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.

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.

What to not like:
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.

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.