ducovest

XMV:CA:TSX-iShares Edge MSCI Min Vol Canada Index ETF (CAD)

ETF | Canadian Equity | Toronto Stock Exchange

Last Closing

CAD 44.31

Change

-0.11 (-0.25)%

Market Cap

CAD 0.09B

Volume

1.01K

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The investment seeks to replicate, net of expense, the MSCI Canada Minimum Volatility Index CAD. The fund will primarily invest in securities that consists of the underlying index. The index measures the performance of equity securities in the top 85% by market capitalization of equity securities listed on stock exchanges in Canada that have lower volatility relative to the equity securities included in the MSCI Canada Index.

Company Website : www.ishares.com

Currency: CAD

Country : Canada

Inception Date: 24/07/2012

Primary Benchmark: MSCI Canada Minimum Volatility NR CAD

Primary Index: S&P/TSX Composite TR

Gross Expense Ratio: NA%

Management Expense Ratio: 0.33 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Symbol Company Name Allocation
CRGOW Freightos Limited Warrants 2.96 %
BAH Booz Allen Hamilton Holding 2.88 %
Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-08-28 )

Largest Industry Peers for Canadian Equity

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

+0.12 (+0.34%)

 CAD 13.13B
XIC:CA iShares Core S&P/TSX Capped Co.. 0.06 %

+0.20 (+0.53%)

 CAD 12.59B
ZCN:CA BMO S&P/TSX Capped Composite 0.05 %

+0.15 (+0.48%)

 CAD 7.85B
VCN:CA Vanguard FTSE Canada All Cap 0.06 %

+0.21 (+0.44%)

 CAD 7.42B
HXT:CA Global X S&P/TSX 60™ Index .. 0.03 %

+0.24 (+0.39%)

 CAD 3.84B
ZLB:CA BMO Low Volatility Canadian Eq.. 0.39 %

+0.10 (+0.21%)

 CAD 3.83B
VCE:CA Vanguard FTSE Canada 0.06 %

+0.21 (+0.41%)

 CAD 1.87B
QCN:CA Mackenzie Canadian Equity Inde.. 0.06 %

+0.70 (+0.49%)

 CAD 1.50B
WXM:CA First Asset Morningstar Canada.. 0.67 %

+0.23 (+0.79%)

 CAD 0.55B
XESG:CA iShares ESG Aware MSCI Canada .. 0.00 %

+0.21 (+0.74%)

 CAD 0.40B

ETFs Containing XMV: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 13.09% 87% B+ 65% D
Dividend Return 1.39% 54% F 41% F
Total Return 14.48% 87% B+ 65% D
Trailing 12 Months  
Capital Gain 17.50% 80% B- 66% D+
Dividend Return 2.82% 50% F 51% F
Total Return 20.32% 90% A- 68% D+
Trailing 5 Years  
Capital Gain 41.66% 37% F 67% D+
Dividend Return 13.17% 72% C 58% F
Total Return 54.82% 50% F 68% D+
Average Annual (5 Year Horizon)  
Capital Gain 7.66% 29% F 65% D
Dividend Return 10.20% 46% F 68% D+
Total Return 2.54% 73% C 64% D
Risk Return Profile  
Volatility (Standard Deviation) 11.03% 89% A- 68% D+
Risk Adjusted Return 92.45% 96% N/A 95% A
Market Capitalization 0.09B 52% F 47% 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.

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:
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.