ducovest

CALL:CA:TSX-Evolve US Banks Enhanced Yield Fund Hedged Units (CAD)

ETF | Financial Services Equity |

Last Closing

CAD 14.38

Change

-0.02 (-0.14)%

Market Cap

CAD 0.09B

Volume

0.01M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

CALL seeks to replicate, to the extent reasonably possible before fees and expenses, the performance of the Solactive Equal Weight US Bank Index Canadian Dollar Hedged, or any successor thereto, while mitigating downside risk. CALL invests primarily in the equity constituents of the Solactive Equal Weight US Bank Index Canadian Dollar Hedged, or any successor thereto, while writing covered call options on up to 33% of the portfolio securities, at the discretion of the Manager. The level of covered call option writing may vary based on market volatility and other factors.

Company Website : http://www.evolveetfs.com

Currency: CAD

Country : Canada

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-11-13 )

Largest Industry Peers for Financial Services Equity

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

-0.05 (-0.12%)

 CAD 3.98B
ZWB:CA BMO Covered Call Canadian Bank..

-0.02 (-0.10%)

 CAD 3.18B
XFN:CA iShares S&P/TSX Capped Financi..

-0.05 (-0.08%)

 CAD 1.66B
ZBK:CA BMO Equal Weight US Banks Inde..

+0.05 (+0.13%)

 CAD 0.84B
FSF:CA CI Global Financial Sector ETF

-0.15 (-0.49%)

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

+0.08 (+0.31%)

 CAD 0.37B
ZUB:CA BMO Equal Weight US Banks Hedg..

-0.07 (-0.20%)

 CAD 0.32B
BANK:CA Evolve Canadian Banks and Life..

-0.04 (-0.49%)

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

-0.03 (-0.11%)

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

+0.04 (+0.19%)

 CAD 0.23B

ETFs Containing CALL:CA

CES1:LSE iShares MSCI EMU Small Ca.. 0.00 % 0.00 %

-60.00 (-0.27%)

 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 24.83% 50% F 78% C+
Dividend Return 6.51% 83% B 86% B+
Total Return 31.34% 55% F 82% B
Trailing 12 Months  
Capital Gain 36.56% 45% F 82% B
Dividend Return 9.50% 83% B 92% A
Total Return 46.06% 60% D- 86% B+
Trailing 5 Years  
Capital Gain -27.23% 15% F 15% F
Dividend Return 34.26% 94% A 86% B+
Total Return 7.03% 15% F 23% F
Average Annual (5 Year Horizon)  
Capital Gain 0.82% 10% F 36% F
Dividend Return 3.45% 10% F 42% F
Total Return 2.64% 39% F 67% D+
Risk Return Profile  
Volatility (Standard Deviation) 34.86% 30% F 25% F
Risk Adjusted Return 9.90% 10% F 30% F
Market Capitalization 0.09B 26% F 33% 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:
Underpriced compared to earnings

The stock is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

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.

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.