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

ETF | Financial Services Equity |

Last Closing

CAD 36.71

Change

+0.24 (+0.66)%

Market Cap

CAD 0.16B

Volume

568.00

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

NA

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-09-19 )

Largest Industry Peers for Financial Services Equity

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

+0.15 (+0.76%)

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

+0.40 (+1.00%)

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

+0.72 (+1.30%)

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

+0.81 (+2.54%)

CAD 0.68B
FSF:CA CI Global Financial Sector ETF

+0.25 (+0.90%)

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

+0.48 (+2.17%)

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

+0.86 (+2.94%)

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

+0.32 (+1.20%)

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

+0.06 (+0.77%)

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

+0.17 (+0.88%)

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 17.77% 70% C- 73% C
Dividend Return N/A N/A N/A N/A N/A
Total Return 17.77% 50% F 69% C-
Trailing 12 Months  
Capital Gain 30.27% 70% C- 80% B-
Dividend Return N/A N/A N/A N/A N/A
Total Return 30.27% 50% F 77% C+
Trailing 5 Years  
Capital Gain 73.90% 100% F 81% B-
Dividend Return N/A N/A N/A N/A N/A
Total Return 73.90% 100% F 79% B-
Average Annual (5 Year Horizon)  
Capital Gain 14.25% 90% A- 81% B-
Dividend Return 14.25% 90% A- 77% C+
Total Return N/A N/A N/A N/A N/A
Risk Return Profile  
Volatility (Standard Deviation) 23.65% 65% D 38% F
Risk Adjusted Return 60.24% 90% A- 77% C+
Market Capitalization 0.16B 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.