ducovest

TXF:CA:TSX-First Asset Tech Giants Covered Call ETF (CAD Hedged) Common (CAD)

ETF | Sector Equity | Toronto Stock Exchange

Last Closing

CAD 21.56

Change

+0.06 (+0.28)%

Market Cap

CAD 0.10B

Volume

0.06M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The investment objective of the Tech ETF is to provide holders, through an actively managed portfolio, as described below, with (i) quarterly cash distributions, (ii) the opportunity for capital appreciation by investing on an equal weight basis in a portfolio of securities of the 25 largest Technology Companies (as defined herein) measured by market capitalization listed on a North American stock exchange and (iii) lower overall volatility of returns on the portfolio than would be experienced by owning a portfolio of securities of such issuers directly.

Company Website : www.firstasset.com

Currency: CAD

Country : Canada

Inception Date: 21/10/2011

Primary Benchmark: S&P 500 Information Technology TR USD

Primary Index: CIBC WM 91 Day Treasury Bill CAD

Gross Expense Ratio: NA%

Management Expense Ratio: 0.72 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Symbol Company Name Allocation
RDUFF Radius Gold Inc 4.34 %
Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-05-22 )

Largest Industry Peers for Sector Equity

Symbol Name Mer Price(Change) Market Cap
TEC:CA TD Global Technology Leaders I.. 0.00 %

N/A

 CAD 2.72B
ZWU:CA BMO Covered Call Utilities ETF 0.71 %

N/A

 CAD 1.78B
HTA:CA Tech Achievers Growth & Income.. 1.39 %

N/A

 CAD 0.62B
XHC:CA iShares Global Healthcare (CAD.. 0.65 %

N/A

 CAD 0.61B
XIT:CA iShares S&P/TSX Capped Informa.. 0.61 %

N/A

 CAD 0.61B
ZUT:CA BMO Equal Weight Utilities Ind.. 0.60 %

N/A

 CAD 0.43B
CWW:CA iShares Global Water Common Cl.. 0.66 %

N/A

 CAD 0.34B
HHL:CA Harvest Healthcare Leaders Inc.. 1.15 %

N/A

 CAD 0.33B
ZUH:CA BMO Equal Weight US Health Car.. 0.39 %

N/A

 CAD 0.29B
COW:CA iShares Global Agriculture Com.. 0.72 %

N/A

 CAD 0.29B

ETFs Containing TXF:CA

N/A

Market Performance

  Market Performance vs. Industry/Classification (Sector Equity) Market Performance vs. Exchange (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 11.65% 80% B- 70% C-
Dividend Return N/A N/A N/A N/A N/A
Total Return 11.65% 77% C+ 68% D+
Trailing 12 Months  
Capital Gain 37.06% 93% A 89% A-
Dividend Return N/A N/A N/A N/A N/A
Total Return 37.06% 90% A- 88% B+
Trailing 5 Years  
Capital Gain 36.72% 45% F 62% D
Dividend Return 30.02% 93% A 95% A
Total Return 66.74% 70% C- 72% C
Average Annual (5 Year Horizon)  
Capital Gain 7.22% 40% F 67% D+
Dividend Return 13.27% 77% C+ 79% B-
Total Return 6.04% 97% N/A 97% N/A
Risk Return Profile  
Volatility (Standard Deviation) 25.91% 23% F 35% F
Risk Adjusted Return 51.21% 43% F 75% C
Market Capitalization 0.10B 94% A 65% D

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.

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 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.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

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.