MEU:CA:TSX-Mackenzie Maximum Diversification Developed Markets Index ETF (CAD)

ETF | European Equity |

Last Closing

CAD 23.84

Change

-0.07 (-0.29)%

Market Cap

N/A

Volume

200.00

Analyst Target

N/A
Analyst Rating

N/A

ducovest Verdict

Verdict

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Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

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Relative Returns (From:    To: 2024-09-18 )

Largest Industry Peers for European Equity

Symbol Name Price(Change) Market Cap
ZEQ:CA BMO MSCI Europe High Quality C..

-0.20 (-0.64%)

CAD 1.07B
ZWP:CA BMO Europe High Dividend Cover..

-0.05 (-0.27%)

CAD 0.78B
ZWE:CA BMO Europe High Dividend Cover..

+0.08 (+0.39%)

CAD 0.61B
XEU:CA iShares MSCI Europe IMI

-0.11 (-0.35%)

CAD 0.31B
VE:CA Vanguard FTSE Developed Europe..

+0.04 (+0.11%)

CAD 0.19B
XEH:CA iShares MSCI Europe IMI CAD He..

-0.14 (-0.43%)

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

N/A

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

N/A

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

-0.07 (-0.26%)

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

N/A

CAD 1.57M

ETFs Containing MEU:CA

N/A

Market Performance

  Market Performance vs. Industry/Classification (European Equity) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 10.52% 58% F 51% F
Dividend Return 1.71% 33% F 47% F
Total Return 12.23% 67% D+ 52% F
Trailing 12 Months  
Capital Gain 15.00% 67% D+ 54% F
Dividend Return 3.09% 56% F 54% F
Total Return 18.10% 75% C 56% F
Trailing 5 Years  
Capital Gain 8.36% 42% F 44% F
Dividend Return 7.46% 25% F 28% F
Total Return 15.83% 25% F 42% F
Average Annual (5 Year Horizon)  
Capital Gain 1.56% 17% F 45% F
Dividend Return 2.93% 25% F 44% F
Total Return 1.37% 45% F 45% F
Risk Return Profile  
Volatility (Standard Deviation) 13.72% 75% C 58% F
Risk Adjusted Return 21.36% 25% F 43% F
Market Capitalization N/A N/A N/A N/A N/A

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:
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:
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.

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.