SXQG:NYE-6 Meridian Quality Growth ETF (USD)

ETF | Others |

Last Closing

USD 32.2028

Change

-0.28 (-0.87)%

Market Cap

USD 0.05B

Volume

4.66K

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The fund is an actively managed exchange-traded fund (ETF) that seeks to achieve its investment objective primarily by investing in equity securities. It invests mainly in common stocks and may invest in the securities of companies of any capitalization. Currently, the Sub-Adviser expects to invest a significant portion of the fund's assets in the securities of companies in the health care and information technology sectors, although this may change from time to time. It is non-diversified.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-11-14 )

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ETFs Containing SXQG

N/A

Market Performance

  Market Performance vs. Industry/Classification (Others) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 21.11% 80% B- 76% C+
Dividend Return N/A N/A N/A N/A N/A
Total Return 21.11% 77% C+ 72% C
Trailing 12 Months  
Capital Gain 29.50% 79% B- 74% C
Dividend Return N/A N/A N/A N/A N/A
Total Return 29.50% 76% C+ 70% C-
Trailing 5 Years  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Average Annual (5 Year Horizon)  
Capital Gain 5.13% 71% C- 53% F
Dividend Return 5.16% 67% D+ 46% F
Total Return 0.03% 2% F 2% F
Risk Return Profile  
Volatility (Standard Deviation) 17.37% 20% F 61% D-
Risk Adjusted Return 29.73% 45% F 46% F
Market Capitalization 0.05B 47% F 19% F

Annual Financials (USD)

Quarterly Financials (USD)

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.

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.