ducovest

ZUB:CA:TSX-BMO Equal Weight US Banks Hedged to CAD Index ETF (CAD)

ETF | Financial Services Equity |

Last Closing

CAD 31.63

Change

+0.20 (+0.64)%

Market Cap

CAD 0.29B

Volume

0.01M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The BMO Equal Weight US Banks Hedged to CAD Index ETF has been designed to replicate, to the extent possible, the performance of the Solactive Equal Weight US Bank Index Canadian Dollar Hedged, net of expenses. The Fund invests in and holds the Constituent Securities of the Index in the same proportion as they are reflected in the Index. The U.S. dollar exposure is hedged back to Canadian dollars.

Company Website : http://www.bmo.com/gam/ca

Currency: CAD

Country : Canada

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-10-30 )

Largest Industry Peers for Financial Services Equity

Symbol Name Price(Change) Market Cap
ZEB:CA BMO S&P/TSX Equal Weight Banks

-0.10 (-0.24%)

 CAD 3.58B
ZWB:CA BMO Covered Call Canadian Bank..

-0.10 (-0.51%)

 CAD 3.13B
XFN:CA iShares S&P/TSX Capped Financi..

-0.01 (-0.02%)

 CAD 1.62B
ZBK:CA BMO Equal Weight US Banks Inde..

+0.17 (+0.49%)

 CAD 0.77B
FSF:CA CI Global Financial Sector ETF

N/A

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

-0.11 (-0.46%)

 CAD 0.35B
RBNK:CA RBC Canadian Bank Yield Index ..

+0.02 (+0.07%)

 CAD 0.27B
BANK:CA Evolve Canadian Banks and Life..

-0.02 (-0.25%)

 CAD 0.26B
CEW:CA iShares Equal Weight Banc & Li..

+0.01 (+0.05%)

 CAD 0.23B
HEWB:CA Global X Equal Weight Canadian..

+0.03 (+0.08%)

 CAD 0.17B

ETFs Containing ZUB: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 27.85% 80% B- 80% B-
Dividend Return N/A N/A N/A N/A N/A
Total Return 27.85% 80% B- 81% B-
Trailing 12 Months  
Capital Gain 65.08% 85% B 87% B+
Dividend Return N/A N/A N/A N/A N/A
Total Return 65.08% 85% B 87% B+
Trailing 5 Years  
Capital Gain 10.32% 50% F 45% F
Dividend Return N/A N/A N/A N/A N/A
Total Return 10.32% 50% F 47% F
Average Annual (5 Year Horizon)  
Capital Gain 10.11% 65% D 69% C-
Dividend Return 12.30% 50% F 70% C-
Total Return 2.19% 33% F 60% D-
Risk Return Profile  
Volatility (Standard Deviation) 40.02% 10% F 22% F
Risk Adjusted Return 30.74% 35% F 58% F
Market Capitalization 0.29B 68% D+ 50% 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.