ducovest

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

ETF | Financial Services Equity |

Last Closing

CAD 33.48

Change

+0.07 (+0.21)%

Market Cap

CAD 0.14B

Volume

2.30K

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: 2024-07-31 )

Largest Industry Peers for Financial Services Equity

Symbol Name Price(Change) Market Cap
ZWB:CA BMO Covered Call Canadian Bank..

N/A

 CAD 3.04B
ZEB:CA BMO S&P/TSX Equal Weight Banks

N/A

 CAD 2.67B
XFN:CA iShares S&P/TSX Capped Financi..

N/A

 CAD 1.48B
ZBK:CA BMO Equal Weight US Banks Inde..

N/A

 CAD 0.84B
FSF:CA CI Global Financial Sector ETF

N/A

 CAD 0.46B
ZUB:CA BMO Equal Weight US Banks Hedg..

N/A

 CAD 0.44B
ZWK:CA BMO Covered Call US Banks ETF

N/A

 CAD 0.34B
RBNK:CA RBC Canadian Bank Yield Index ..

N/A

 CAD 0.25B
BANK:CA Evolve Canadian Banks and Life..

N/A

 CAD 0.23B
CEW:CA iShares Equal Weight Banc & Li..

N/A

 CAD 0.21B

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 7.41% 50% F 45% F
Dividend Return N/A N/A N/A N/A N/A
Total Return 7.41% 38% F 40% F
Trailing 12 Months  
Capital Gain 13.72% 50% F 61% D-
Dividend Return N/A N/A N/A N/A N/A
Total Return 13.72% 38% F 54% F
Trailing 5 Years  
Capital Gain 62.92% 94% A 75% C
Dividend Return N/A N/A N/A N/A N/A
Total Return 62.92% 94% A 71% C-
Average Annual (5 Year Horizon)  
Capital Gain 13.52% 100% F 81% B-
Dividend Return 13.52% 100% F 78% C+
Total Return N/A N/A N/A N/A N/A
Risk Return Profile  
Volatility (Standard Deviation) 23.84% 53% F 38% F
Risk Adjusted Return 56.72% 89% A- 77% C+
Market Capitalization 0.14B 40% F 39% 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.