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

ETF | Financial Services Equity |

Last Closing

CAD 36.89

Change

+0.31 (+0.85)%

Market Cap

CAD 0.17B

Volume

0.02M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

NA

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

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Relative Returns (From:    To: 2024-09-26 )

Largest Industry Peers for Financial Services Equity

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

+0.11 (+0.57%)

CAD 3.09B
ZEB:CA BMO S&P/TSX Equal Weight Banks

+0.33 (+0.82%)

CAD 2.95B
XFN:CA iShares S&P/TSX Capped Financi..

+0.51 (+0.91%)

CAD 1.52B
ZBK:CA BMO Equal Weight US Banks Inde..

+0.44 (+1.40%)

CAD 0.72B
FSF:CA CI Global Financial Sector ETF

N/A

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

+0.25 (+1.14%)

CAD 0.35B
ZUB:CA BMO Equal Weight US Banks Hedg..

+0.43 (+1.48%)

CAD 0.31B
RBNK:CA RBC Canadian Bank Yield Index ..

+0.28 (+1.05%)

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

+0.05 (+0.64%)

CAD 0.25B
CEW:CA iShares Equal Weight Banc & Li..

+0.13 (+0.67%)

CAD 0.22B

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 18.35% 75% C 74% C
Dividend Return N/A N/A N/A N/A N/A
Total Return 18.35% 50% F 69% C-
Trailing 12 Months  
Capital Gain 33.47% 70% C- 81% B-
Dividend Return N/A N/A N/A N/A N/A
Total Return 33.47% 55% F 79% B-
Trailing 5 Years  
Capital Gain 72.87% 100% F 79% B-
Dividend Return N/A N/A N/A N/A N/A
Total Return 72.87% 100% F 77% C+
Average Annual (5 Year Horizon)  
Capital Gain 14.41% 90% A- 81% B-
Dividend Return 14.41% 90% A- 78% C+
Total Return N/A N/A N/A N/A N/A
Risk Return Profile  
Volatility (Standard Deviation) 23.62% 65% D 38% F
Risk Adjusted Return 61.00% 90% A- 78% C+
Market Capitalization 0.17B 47% F 44% 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.