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

ETF | Financial Services Equity |

Last Closing

CAD 37.38

Change

+0.12 (+0.32)%

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)

Compare
Relative Returns (From:    To: 2024-11-04 )

Largest Industry Peers for Financial Services Equity

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

+0.02 (+0.05%)

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

+0.02 (+0.10%)

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

+0.05 (+0.09%)

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

-0.50 (-1.42%)

CAD 0.77B
FSF:CA CI Global Financial Sector ETF

+0.17 (+0.59%)

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

-0.30 (-1.27%)

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

-0.34 (-1.09%)

CAD 0.29B
BANK:CA Evolve Canadian Banks and Life..

+0.02 (+0.26%)

CAD 0.28B
RBNK:CA RBC Canadian Bank Yield Index ..

+0.04 (+0.15%)

CAD 0.27B
CEW:CA iShares Equal Weight Banc & Li..

+0.06 (+0.31%)

CAD 0.23B

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 19.92% 60% D- 73% C
Dividend Return N/A N/A N/A N/A N/A
Total Return 19.92% 60% D- 73% C
Trailing 12 Months  
Capital Gain 38.09% 65% D 81% B-
Dividend Return N/A N/A N/A N/A N/A
Total Return 38.09% 65% D 81% B-
Trailing 5 Years  
Capital Gain 70.22% 90% A- 76% C+
Dividend Return N/A N/A N/A N/A N/A
Total Return 70.22% 90% A- 76% C+
Average Annual (5 Year Horizon)  
Capital Gain 15.75% 90% A- 81% B-
Dividend Return 15.75% 90% A- 79% B-
Total Return N/A N/A N/A N/A N/A
Risk Return Profile  
Volatility (Standard Deviation) 23.61% 60% D- 38% F
Risk Adjusted Return 66.72% 90% A- 81% B-
Market Capitalization 0.17B 47% F 43% 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.