HEWB:CA:TSX-Global X Equal Weight Canadian Banks Index Corporate Class ETF (CAD)

ETF | Financial Services Equity |

Last Closing

CAD 36.11

Change

+0.06 (+0.17)%

Market Cap

CAD 0.15B

Volume

5.80K

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

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Relative Returns (From:    To: 2024-09-12 )

Largest Industry Peers for Financial Services Equity

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

+0.03 (+0.16%)

CAD 3.03B
ZEB:CA BMO S&P/TSX Equal Weight Banks

+0.08 (+0.20%)

CAD 2.68B
XFN:CA iShares S&P/TSX Capped Financi..

+0.04 (+0.07%)

CAD 1.49B
ZBK:CA BMO Equal Weight US Banks Inde..

+0.26 (+0.82%)

CAD 0.68B
FSF:CA CI Global Financial Sector ETF

+0.78 (+2.88%)

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

+0.15 (+0.69%)

CAD 0.34B
ZUB:CA BMO Equal Weight US Banks Hedg..

+0.21 (+0.72%)

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

+0.10 (+0.38%)

CAD 0.26B
BANK:CA Evolve Canadian Banks and Life..

+0.02 (+0.26%)

CAD 0.24B
CEW:CA iShares Equal Weight Banc & Li..

+0.04 (+0.21%)

CAD 0.21B

ETFs Containing HEWB:CA

N/A

Market Performance

  Market Performance vs. Industry/Classification (Financial Services Equity) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 15.85% 80% B- 73% C
Dividend Return N/A N/A N/A N/A N/A
Total Return 15.85% 60% D- 68% D+
Trailing 12 Months  
Capital Gain 26.39% 80% B- 81% B-
Dividend Return N/A N/A N/A N/A N/A
Total Return 26.39% 70% C- 78% C+
Trailing 5 Years  
Capital Gain 73.69% 100% F 82% B
Dividend Return N/A N/A N/A N/A N/A
Total Return 73.69% 100% F 80% B-
Average Annual (5 Year Horizon)  
Capital Gain 14.10% 100% F 81% B-
Dividend Return 14.10% 95% A 77% C+
Total Return N/A N/A N/A N/A N/A
Risk Return Profile  
Volatility (Standard Deviation) 23.66% 65% D 38% F
Risk Adjusted Return 59.58% 90% A- 77% C+
Market Capitalization 0.15B 47% F 42% 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.

What to not like:
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.