ducovest

ZEQ:CA:TSX-BMO MSCI Europe High Quality Hedged to CAD Index ETF (CAD)

ETF | European Equity | Toronto Stock Exchange

Last Closing

CAD 30.72

Change

0.00 (0.00)%

Market Cap

CAD 0.31B

Volume

1.89K

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The fund seeks to replicate, net of expenses, the MSCI Europe Quality 100% Hedged to CAD Index. Tje fund is to invest in and hold a proportionate share of the constituent securities of the underlying index, or other securities, in order to achieve its investment objectives and hedged back to canadian dollars. It may also hold cash and cash equivalents or other money market instruments in order to meet their current obligations.

Company Website : www.etfs.bmo.com

Currency: CAD

Country : Canada

Inception Date: 10/02/2014

Primary Benchmark: MSCI Europe Quality Hedged NR CAD

Primary Index: MSCI Europe GR CAD

Gross Expense Ratio: NA%

Management Expense Ratio: 0.45 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Symbol Company Name Allocation
ROG Rogers Corporation 6.01 %
AZN AstraZeneca PLC ADR 5.06 %
ASML ASML Holding NV ADR 4.98 %
MC Moelis & Co 4.23 %
SU Suncor Energy Inc 2.54 %
OR Osisko Gold Ro 2.48 %
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 European Equity

Symbol Name Mer Price(Change) Market Cap
ZWP:CA BMO Europe High Dividend Cover.. 0.69 %

N/A

 CAD 0.74B
ZWE:CA BMO Europe High Dividend Cover.. 0.70 %

N/A

 CAD 0.59B
XEU:CA iShares MSCI Europe IMI 0.28 %

N/A

 CAD 0.32B
VE:CA Vanguard FTSE Developed Europe.. 0.23 %

N/A

 CAD 0.20B
XEH:CA iShares MSCI Europe IMI Index .. 0.28 %

N/A

 CAD 0.14B
RPD:CA RBC Quant European Dividend Le.. 0.54 %

N/A

 CAD 0.03B
EDGF:CA Brompton European Dividend Gro.. 0.00 %

N/A

 CAD 0.02B
RPDH:CA RBC Quant European Dividend Le.. 0.54 %

N/A

 CAD 0.01B
EHE:CA CI Europe Hedged Equity Index .. 0.66 %

N/A

 CAD 1.61M
HXX:CA Global X Europe 50 Index Corpo.. 0.19 %

N/A

 N/A

ETFs Containing ZEQ:CA

N/A

Market Performance

  Market Performance vs. Industry/Classification (European Equity) Market Performance vs. Exchange (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 5.28% 33% F 41% F
Dividend Return 0.67% 11% F 22% F
Total Return 5.95% 17% F 39% F
Trailing 12 Months  
Capital Gain 9.83% 33% F 47% F
Dividend Return 2.02% 22% F 39% F
Total Return 11.86% 17% F 48% F
Trailing 5 Years  
Capital Gain 37.45% 83% B 66% D+
Dividend Return 7.99% 38% F 32% F
Total Return 45.44% 83% B 65% D
Average Annual (5 Year Horizon)  
Capital Gain 8.05% 75% C 65% D
Dividend Return 9.57% 75% C 65% D
Total Return 1.52% 55% F 47% F
Risk Return Profile  
Volatility (Standard Deviation) 12.71% 83% B 62% D
Risk Adjusted Return 75.26% 100% F 87% B+
Market Capitalization 0.31B 100% F 71% C-

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.

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.

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:
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.