ducovest

ZEB:CA:TSX-BMO S&P/TSX Equal Weight Banks Index ETF (CAD)

ETF | Financial Services Equity | Toronto Stock Exchange

Last Closing

CAD 38.69

Change

0.00 (0.00)%

Market Cap

CAD 0.96B

Volume

0.85M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The investment seeks to replicate, net of expenses, the S&P/TSX Equal Weight Diversified Banks Index. The fund will invest in and hold a proportionate share of the constituent securities of the applicable index, or other securities, to replicate the performance of the index.

Company Website : www.etfs.bmo.com

Currency: CAD

Country : Canada

Inception Date: 20/10/2009

Primary Benchmark: Solactive EW CAN Banks TR CAD

Primary Index: MSCI World/Financials GR CAD

Gross Expense Ratio: NA%

Management Expense Ratio: 0.60 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Symbol Company Name Allocation
RY Royal Bank of Canada 18.62 %
CM Canadian Imperial Bank Of Commerce 17.26 %
NA Nano Labs Ltd 17.16 %
TD Toronto Dominion Bank 16.20 %
BNS Bank of Nova Scotia 15.42 %
BMO Bank of Montreal 14.84 %
Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-09-08 )

Largest Industry Peers for Financial Services Equity

Symbol Name Mer Price(Change) Market Cap
ZWB:CA BMO Covered Call Canadian Bank.. 0.71 %

N/A

 CAD 3.13B
XFN:CA iShares S&P/TSX Capped Financi.. 0.61 %

N/A

 CAD 1.62B
ZBK:CA BMO Equal Weight US Banks Inde.. 0.37 %

N/A

 CAD 0.77B
FSF:CA CI Global Financial Sector ETF 1.11 %

N/A

 CAD 0.46B
ZWK:CA BMO Covered Call US Banks ETF 0.00 %

N/A

 CAD 0.35B
ZUB:CA BMO Equal Weight US Banks Hedg.. 0.38 %

N/A

 CAD 0.29B
RBNK:CA RBC Canadian Bank Yield Index .. 0.33 %

N/A

 CAD 0.27B
BANK:CA Evolve Canadian Banks and Life.. 0.39 %

N/A

 CAD 0.26B
CEW:CA iShares Equal Weight Banc & Li.. 0.60 %

N/A

 CAD 0.23B
HEWB:CA Global X Equal Weight Canadian.. 0.00 %

N/A

 CAD 0.17B

ETFs Containing ZEB:CA

N/A

Market Performance

  Market Performance vs. Industry/Classification (Financial Services Equity) Market Performance vs. Exchange (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 9.32% 35% F 56% F
Dividend Return 3.16% 40% F 73% C
Total Return 12.49% 35% F 64% D
Trailing 12 Months  
Capital Gain 20.87% 40% F 76% C+
Dividend Return 5.25% 40% F 81% B-
Total Return 26.12% 35% F 80% B-
Trailing 5 Years  
Capital Gain 36.76% 70% C- 66% D+
Dividend Return 18.88% 47% F 74% C
Total Return 55.64% 75% C 72% C
Average Annual (5 Year Horizon)  
Capital Gain 9.18% 75% C 69% C-
Dividend Return 12.59% 80% B- 74% C
Total Return 3.41% 56% F 77% C+
Risk Return Profile  
Volatility (Standard Deviation) 23.68% 60% D- 38% F
Risk Adjusted Return 53.17% 75% C 71% C-
Market Capitalization 0.96B 95% A 80% B-

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.

High dividend returns

The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

What to not like:

There is nothing we particularly dislike