ducovest

ZUB:CA:TSX-BMO Equal Weight US Banks Hedged to CAD Index ETF (CAD)

ETF | Financial Services Equity | Toronto Stock Exchange

Last Closing

CAD 28.79

Change

0.00 (0.00)%

Market Cap

CAD 0.40B

Volume

0.56M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The fund seeks to replicate, to the extent possible, the performance of the Solactive Equal Weight US Bank Index Canadian Dollar Hedged (the "Index"), net of expenses. The investment strategy of the fund is to invest in and hold the constituent securities of the Index in the same proportion as they are reflected in the Index. The Index consists of large capitalization United States banks. Each security in the Index is allocated an equal weight rather than a market capitalization weight. The U.S. dollar exposure is hedged to the Canadian dollar.

Company Website : www.etfs.bmo.com

Currency: CAD

Country : Canada

Inception Date: 19/05/2010

Primary Benchmark: Solactive Equal Weight US Bank CAD Hdg

Primary Index: MSCI World/Financials GR CAD

Gross Expense Ratio: NA%

Management Expense Ratio: 0.38 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

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
ZEB:CA BMO S&P/TSX Equal Weight Banks 0.60 %

N/A

 CAD 3.58B
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
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 ZUB: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 16.37% 85% B 78% C+
Dividend Return 1.48% 13% F 42% F
Total Return 17.85% 85% B 78% C+
Trailing 12 Months  
Capital Gain 38.55% 90% A- 91% A-
Dividend Return 3.49% 20% F 62% D
Total Return 42.04% 90% A- 91% A-
Trailing 5 Years  
Capital Gain 5.85% 45% F 43% F
Dividend Return 9.61% 20% F 41% F
Total Return 15.46% 35% F 42% F
Average Annual (5 Year Horizon)  
Capital Gain 7.68% 55% F 64% D
Dividend Return 9.84% 50% F 66% D+
Total Return 2.16% 33% F 59% D-
Risk Return Profile  
Volatility (Standard Deviation) 39.83% 10% F 23% F
Risk Adjusted Return 24.71% 35% F 46% F
Market Capitalization 0.40B 74% C 57% 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:

There is nothing we particularly like

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.

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.

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.