ducovest

HEWB:CA:TSX-Global X Equal Weight Canadian Banks Index Corporate Class ETF (CAD)

ETF | Financial Services Equity |

Last Closing

CAD 31.88

Change

+0.01 (+0.03)%

Market Cap

CAD 0.14B

Volume

2.90K

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Currency: CAD

Country : Canada

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-07-04 )

Largest Industry Peers for Financial Services Equity

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

N/A

 CAD 3.71B
ZWB:CA BMO Covered Call Canadian Bank..

N/A

 CAD 2.86B
XFN:CA iShares S&P/TSX Capped Financi..

N/A

 CAD 1.35B
ZBK:CA BMO Equal Weight US Banks Inde..

N/A

 CAD 0.65B
ZUB:CA BMO Equal Weight US Banks Hedg..

N/A

 CAD 0.45B
ZWK:CA BMO Covered Call US Banks ETF

N/A

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

N/A

 CAD 0.23B
BANK:CA Evolve Canadian Banks and Life..

N/A

 CAD 0.19B
CEW:CA iShares Equal Weight Banc & Li..

N/A

 CAD 0.19B
CIC:CA CI Canadian Banks Covered Call..

N/A

 CAD 0.18B

ETFs Containing HEWB:CA

N/A

Market Performance

  Market Performance vs. Industry/Classification (Financial Services Equity) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 2.28% 47% F 37% F
Dividend Return N/A N/A N/A N/A N/A
Total Return 2.28% 33% F 32% F
Trailing 12 Months  
Capital Gain 12.10% 53% F 59% D-
Dividend Return N/A N/A N/A N/A N/A
Total Return 12.10% 44% F 54% F
Trailing 5 Years  
Capital Gain 55.89% 95% A 74% C
Dividend Return N/A N/A N/A N/A N/A
Total Return 55.89% 95% A 71% C-
Average Annual (5 Year Horizon)  
Capital Gain 13.09% 100% F 81% B-
Dividend Return 13.09% 100% F 77% C+
Total Return N/A N/A N/A N/A N/A
Risk Return Profile  
Volatility (Standard Deviation) 24.09% 53% F 39% F
Risk Adjusted Return 54.36% 89% A- 76% C+
Market Capitalization 0.14B 42% F 43% F

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:
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:
Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.