ducovest

ZXM:CA:TSX-First Asset Morningstar International Momentum Index ETF (CAD)

ETF | International Equity | Toronto Stock Exchange

Last Closing

CAD 41.66

Change

0.00 (0.00)%

Market Cap

CAD 0.02B

Volume

300.00

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The First Asset Morningstar International Momentum Index ETF has been designed to replicate, to the extent possible, the performance of the Morningstar? Developed Markets ex-North America Target Momentum Index?, net of expenses. The First Asset Morningstar International Momentum Index ETF invests in equity securities of the largest and most liquid issuers from countries classified by Morningstar as developed markets, excluding the U.S. and Canada, based on proprietary research generated by Morningstar, and is designed to provide diversified exposure to issuers from developed markets, excluding the U.S. and Canada, which have demonstrated, among other things, positive momentum in earnings and price.

Company Website : www.firstasset.com

Currency: CAD

Country : Canada

Inception Date: 13/11/2014

Primary Benchmark: Morningstar Dev Mkts exNA Target Mom CAD

Primary Index: MSCI EAFE GR CAD

Gross Expense Ratio: NA%

Management Expense Ratio: 0.73 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Symbol Company Name Allocation
BBY Best Buy Co. Inc 0.60 %
VNT Vontier Corp 0.59 %
BPXXY Bper Banca SpA ADR 0.59 %
Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-07-31 )

Largest Industry Peers for International Equity

Symbol Name Mer Price(Change) Market Cap
XEF:CA iShares Core MSCI EAFE IMI 0.22 %

N/A

 CAD 8.96B
ZEA:CA BMO MSCI EAFE 0.21 %

N/A

 CAD 8.70B
XFH:CA iShares Core MSCI EAFE IMI Ind.. 0.22 %

N/A

 CAD 1.49B
XIN:CA iShares MSCI EAFE (CAD Hedged) 0.48 %

N/A

 CAD 1.41B
QDX:CA Mackenzie International Equity.. 0.23 %

N/A

 CAD 0.94B
ZDM:CA BMO MSCI EAFE (CAD Hedged) 0.22 %

N/A

 CAD 0.89B
VEF:CA Vanguard FTSE Developed All Ca.. 0.22 %

N/A

 CAD 0.65B
FCIQ:CA Fidelity International High Qu.. 0.00 %

N/A

 CAD 0.60B
HXDM:CA Global X Intl Developed Market.. 0.23 %

N/A

 CAD 0.55B
ZDI:CA BMO International Dividend Uni.. 0.43 %

N/A

 CAD 0.51B

ETFs Containing ZXM:CA

N/A

Market Performance

  Market Performance vs. Industry/Classification (International Equity) Market Performance vs. Exchange (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 14.92% 100% F 70% C-
Dividend Return 2.25% 80% B- 60% D-
Total Return 17.18% 100% F 72% C
Trailing 12 Months  
Capital Gain 15.59% 87% B+ 66% D+
Dividend Return 3.03% 69% C- 55% F
Total Return 18.62% 87% B+ 67% D+
Trailing 5 Years  
Capital Gain 47.73% 100% F 68% D+
Dividend Return 7.07% 8% B- 27% F
Total Return 54.80% 90% A- 66% D+
Average Annual (5 Year Horizon)  
Capital Gain 8.90% 97% N/A 71% C-
Dividend Return 9.71% 73% C 68% D+
Total Return 0.80% 9% A- 34% F
Risk Return Profile  
Volatility (Standard Deviation) 18.89% 3% F 46% F
Risk Adjusted Return 51.38% 36% F 73% C
Market Capitalization 0.02B 9% A- 16% 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:
Underpriced compared to earnings

The stock is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

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.

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.

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.