ducovest

MKC:CA:TSX-Mackenzie Maximum Diversification Canada Index ETF (CAD)

ETF | Canadian Equity | Toronto Stock Exchange

Last Closing

CAD 35.24

Change

+0.45 (+1.29)%

Market Cap

CAD 8.48M

Volume

704.00

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the TOBAM Maximum Diversification Canada Index, or any successor thereto. It invests primarily in Canadian equity securities.

Company Website : www.mackenzieinvestments.com

Currency: CAD

Country : Canada

Inception Date: 21/06/2016

Primary Benchmark: TOBAM Max Div Canada TR CAD

Primary Index: S&P/TSX Composite TR

Gross Expense Ratio: NA%

Management Expense Ratio: 0.59 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Symbol Company Name Allocation
BBBXF Brixton Metals Corporation 3.30 %
BAH Booz Allen Hamilton Holding 3.14 %
Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-07-10 )

Largest Industry Peers for Canadian Equity

Symbol Name Mer Price(Change) Market Cap
XIU:CA iShares S&P/TSX 60 0.18 %

+0.01 (+0.03%)

 CAD 14.56B
XIC:CA iShares Core S&P/TSX Capped Co.. 0.06 %

+0.02 (+0.05%)

 CAD 13.54B
ZCN:CA BMO S&P/TSX Capped Composite 0.05 %

+0.01 (+0.03%)

 CAD 8.62B
VCN:CA Vanguard FTSE Canada All Cap 0.06 %

-0.03 (-0.06%)

 CAD 7.98B
HXT:CA Global X S&P/TSX 60™ Index C.. 0.03 %

N/A

 CAD 4.05B
ZLB:CA BMO Low Volatility Canadian Eq.. 0.39 %

-0.06 (-0.13%)

 CAD 3.97B
VCE:CA Vanguard FTSE Canada 0.06 %

-0.08 (-0.15%)

 CAD 2.04B
QCN:CA Mackenzie Canadian Equity Inde.. 0.06 %

-0.10 (-0.07%)

 CAD 1.59B
WXM:CA First Asset Morningstar Canada.. 0.67 %

-0.10 (-0.32%)

 CAD 0.58B
XESG:CA iShares ESG Aware MSCI Canada .. 0.00 %

-0.02 (-0.07%)

 CAD 0.44B

ETFs Containing MKC:CA

N/A

Market Performance

  Market Performance vs. Industry/Classification (Canadian Equity) Market Performance vs. Exchange (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 11.84% 96% N/A 67% D+
Dividend Return 0.88% 20% F 32% F
Total Return 12.72% 96% N/A 67% D+
Trailing 12 Months  
Capital Gain 17.43% 92% A 71% C-
Dividend Return 1.98% 24% F 43% F
Total Return 19.41% 93% A 71% C-
Trailing 5 Years  
Capital Gain 45.92% 85% B 70% C-
Dividend Return 8.92% 31% F 46% F
Total Return 54.84% 85% B 69% C-
Average Annual (5 Year Horizon)  
Capital Gain 8.22% 59% D- 69% C-
Dividend Return 9.84% 44% F 69% C-
Total Return 1.62% 31% F 50% F
Risk Return Profile  
Volatility (Standard Deviation) 12.38% 78% C+ 63% D
Risk Adjusted Return 79.46% 89% A- 92% A
Market Capitalization 8.48M 67% D+ 59% 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:
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.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

What to not like:
Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

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 dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Below median total returns

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