WXM:CA:TSX-First Asset Morningstar Canada Momentum Index ETF (CAD)

ETF | Canadian Equity | Toronto Stock Exchange

Last Closing

CAD 27.65

Change

+0.40 (+1.47)%

Market Cap

CAD 0.15B

Volume

925.00

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The First Asset Morningstar Canada Momentum Index ETF has been designed to replicate, to the extent possible, the performance of the Morningstar? Canada Target Momentum Index?, net of expenses. The First Asset Morningstar Canada Momentum Index ETF invests in equity securities of the largest and most liquid Canadian issuers based on proprietary research generated by Morningstar, and is designed to provide diversified exposure to Canadian issuers which have demonstrated, among other things, positive momentum in earnings and price.

Inception Date: 15/02/2012

Primary Benchmark: Morningstar Canada Tgt Mtum TR CAD

Primary Index: S&P/TSX Composite TR

Gross Expense Ratio: NA%

Management Expense Ratio: 0.67 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

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
XESG:CA iShares ESG Aware MSCI Canada .. 0.00 %

-0.02 (-0.07%)

CAD 0.44B
MCLC:CA Manulife Multifactor Canadian .. 0.45 %

-0.03 (-0.07%)

CAD 0.33B

ETFs Containing WXM: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 13.00% 100% F 70% C-
Dividend Return 0.73% 12% F 27% F
Total Return 13.73% 100% F 69% C-
Trailing 12 Months  
Capital Gain 11.18% 42% F 59% D-
Dividend Return 1.34% 12% F 31% F
Total Return 12.51% 26% F 56% F
Trailing 5 Years  
Capital Gain 46.22% 89% A- 70% C-
Dividend Return 4.18% 12% F 16% F
Total Return 50.40% 52% F 67% D+
Average Annual (5 Year Horizon)  
Capital Gain 8.40% 63% D 70% C-
Dividend Return 9.03% 22% F 66% D+
Total Return 0.63% 8% B- 31% F
Risk Return Profile  
Volatility (Standard Deviation) 12.02% 85% B 64% D
Risk Adjusted Return 75.17% 59% D- 90% A-
Market Capitalization 0.15B 70% C- 63% 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:
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.

What to not like:
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.