ZUE:CA:TSX-BMO S&P 500 Hedged to CAD Index ETF (CAD)

ETF | US Equity | Toronto Stock Exchange

Last Closing

CAD 75.79

Change

-0.23 (-0.30)%

Market Cap

CAD 1.09B

Volume

0.02M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

"The investment seeks to replicate, to the extent possible, the performance of the S&P 500 Hedged to Canadian Dollars Index, net of expenses. The fund will invest in and hold the Constituent Securities of the S&P 500 Hedged to Canadian Dollars Index in the same proportion as they are reflected in the S&P 500 Hedged to Canadian Dollars Index or securities intended to replicate the performance of the Index. The index is a float-adjusted market capitalization weighted index that incorporates securities of 500 of the largest U.S. public issuers, representing all major industries, hedged to Canadian dollars, and provides a more diversified exposure that is more representative of the U.S. equity market."

Inception Date: 29/05/2009

Primary Benchmark: S&P 500 TR Hdg CAD

Primary Index: S&P 500 TR (Bank of Canada) CAD

Gross Expense Ratio: NA%

Management Expense Ratio: 0.09 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Symbol Company Name Allocation
BZSPF BZSPF 100.17 %
Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-06-24 )

Largest Industry Peers for US Equity

Symbol Name Mer Price(Change) Market Cap
VFV:CA Vanguard S&P 500 Index ETF 0.08 %

-0.11 (-0.08%)

CAD 15.25B
ZSP:CA BMO S&P 500 0.09 %

-0.34 (-0.41%)

CAD 15.01B
XSP:CA iShares Core S&P 500 (CAD Hedg.. 0.11 %

+0.02 (+0.03%)

CAD 10.19B
VUN:CA Vanguard US Total Market 0.16 %

-0.06 (-0.06%)

CAD 8.77B
XUS:CA iShares Core S&P 500 Index ETF 0.11 %

N/A

CAD 6.62B
HXS:CA Global X S&P 500® Index Corpo.. 0.11 %

-0.02 (-0.03%)

CAD 3.80B
VSP:CA Vanguard S&P 500 CAD hedged 0.09 %

+0.02 (+0.02%)

CAD 3.31B
QUU:CA Mackenzie US Large Cap Equity .. 0.09 %

-0.37 (-0.17%)

CAD 3.07B
XQQ:CA iShares NASDAQ 100 (CAD Hedged.. 0.39 %

+0.06 (+0.04%)

CAD 3.01B
XUU:CA iShares Core S&P US Total Mark.. 0.07 %

+0.07 (+0.13%)

CAD 2.92B

ETFs Containing ZUE:CA

N/A

Market Performance

  Market Performance vs. Industry/Classification (US Equity) Market Performance vs. Exchange (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 14.16% 59% D- 78% C+
Dividend Return 0.33% 29% F 9% A-
Total Return 14.49% 59% D- 77% C+
Trailing 12 Months  
Capital Gain 24.16% 54% F 79% B-
Dividend Return 1.08% 35% F 21% F
Total Return 25.25% 54% F 78% C+
Trailing 5 Years  
Capital Gain 75.44% 62% D 80% B-
Dividend Return 5.49% 32% F 23% F
Total Return 80.93% 64% D 80% B-
Average Annual (5 Year Horizon)  
Capital Gain 12.04% 66% D+ 79% B-
Dividend Return 13.00% 64% D 78% C+
Total Return 0.95% 33% F 33% F
Risk Return Profile  
Volatility (Standard Deviation) 17.85% 17% F 48% F
Risk Adjusted Return 72.79% 48% F 90% A-
Market Capitalization 1.09B 83% B 81% 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.

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.

Below median total returns

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

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.