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

ETF | Financial Services Equity |

Last Closing

CAD 38.34

Change

+0.15 (+0.39)%

Market Cap

CAD 0.18B

Volume

4.34K

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: 2024-11-14 )

Largest Industry Peers for Financial Services Equity

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

+0.20 (+0.48%)

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

+0.07 (+0.35%)

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

+0.32 (+0.54%)

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

+0.07 (+0.18%)

CAD 0.84B
FSF:CA CI Global Financial Sector ETF

-0.01 (-0.03%)

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..

-0.13 (-0.38%)

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

+0.07 (+0.86%)

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

+0.12 (+0.43%)

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

+0.21 (+1.02%)

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 23.00% 35% F 74% C
Dividend Return N/A N/A N/A N/A N/A
Total Return 23.00% 25% F 69% C-
Trailing 12 Months  
Capital Gain 37.91% 55% F 84% B
Dividend Return N/A N/A N/A N/A N/A
Total Return 37.91% 35% F 81% B-
Trailing 5 Years  
Capital Gain 73.17% 95% A 79% B-
Dividend Return N/A N/A N/A N/A N/A
Total Return 73.17% 90% A- 74% C
Average Annual (5 Year Horizon)  
Capital Gain 15.99% 90% A- 81% B-
Dividend Return 15.99% 90% A- 79% B-
Total Return N/A N/A N/A N/A N/A
Risk Return Profile  
Volatility (Standard Deviation) 23.60% 55% F 38% F
Risk Adjusted Return 67.77% 85% B 81% B-
Market Capitalization 0.18B 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.