QXM:CA:TSX-First Asset Morningstar National Bank Quebec Index ETF (CAD)

ETF | Canadian Equity | Toronto Stock Exchange

Last Closing

CAD 30.24

Change

0.00 (0.00)%

Market Cap

CAD 0.06B

Volume

402.00

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The First Asset Morningstar National Bank Qu?bec Index ETF has been designed to replicate, to the extent possible, the performance of the Morningstar? National Bank Qu?bec Index?, net of expenses. The First Asset Morningstar National Bank Qu?bec Index ETF invests in equity securities of issuers with a minimum float capitalization of $150 million and which are headquartered in the Province of Qu?bec.

Inception Date: 06/02/2012

Primary Benchmark: Morningstar National Bank Quebec NR CAD

Primary Index: S&P/TSX Composite TR

Gross Expense Ratio: NA%

Management Expense Ratio: 0.58 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-09-25 )

Largest Industry Peers for Canadian Equity

Symbol Name Mer Price(Change) Market Cap
XIU:CA iShares S&P/TSX 60 0.18 %

-0.07 (-0.19%)

CAD 13.57B
XIC:CA iShares Core S&P/TSX Capped Co.. 0.06 %

-0.08 (-0.21%)

CAD 13.00B
ZCN:CA BMO S&P/TSX Capped Composite 0.05 %

-0.05 (-0.16%)

CAD 8.12B
VCN:CA Vanguard FTSE Canada All Cap 0.06 %

-0.10 (-0.21%)

CAD 7.61B
ZLB:CA BMO Low Volatility Canadian Eq.. 0.39 %

+0.12 (+0.25%)

CAD 3.94B
HXT:CA Global X S&P/TSX 60™ Index .. 0.03 %

-0.11 (-0.18%)

CAD 3.92B
VCE:CA Vanguard FTSE Canada 0.06 %

-0.07 (-0.13%)

CAD 1.92B
QCN:CA Mackenzie Canadian Equity Inde.. 0.06 %

-0.38 (-0.26%)

CAD 1.56B
WXM:CA First Asset Morningstar Canada.. 0.67 %

+0.07 (+0.24%)

CAD 0.55B
XESG:CA iShares ESG Aware MSCI Canada .. 0.00 %

-0.06 (-0.21%)

CAD 0.42B

ETFs Containing QXM:CA

N/A

Market Performance

  Market Performance vs. Industry/Classification (Canadian Equity) Market Performance vs. Exchange (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 13.77% 37% F 61% D-
Dividend Return 1.05% 19% F 32% F
Total Return 14.82% 20% F 58% F
Trailing 12 Months  
Capital Gain 19.76% 13% F 57% F
Dividend Return 1.54% 15% F 32% F
Total Return 21.30% 10% F 54% F
Trailing 5 Years  
Capital Gain 41.97% 33% F 67% D+
Dividend Return 4.55% 4% F 15% F
Total Return 46.52% 20% F 62% D
Average Annual (5 Year Horizon)  
Capital Gain 9.68% 67% D+ 71% C-
Dividend Return 10.42% 40% F 67% D+
Total Return 0.74% 11% F 32% F
Risk Return Profile  
Volatility (Standard Deviation) 17.80% 10% F 48% F
Risk Adjusted Return 58.54% 10% F 75% C
Market Capitalization 0.06B 25% F 30% 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.

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.