ZXM:CA:TSX-First Asset Morningstar International Momentum CAD Hedged Common (CAD)

ETF | International Equity |

Last Closing

CAD 42.59

Change

+0.27 (+0.64)%

Market Cap

CAD 0.03B

Volume

N/A

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The ETF has been designed to replicate, to the extent possible, the performance of the Morningstar® Developed Markets ex-North America Target Momentum Index", net of expenses. The ETF invests in equity securities of the largest and most liquid issuers from countries classified by Morningstar as developed markets, excluding the U.S. and Canada, based on proprietary research generated by Morningstar, and is designed to provide diversified exposure to issuers from developed markets, excluding the U.S. and Canada, which have demonstrated, among other things, positive momentum in earnings and price.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-12-24 )

Largest Industry Peers for International Equity

Symbol Name Price(Change) Market Cap
XEF:CA iShares Core MSCI EAFE IMI

+0.16 (+0.42%)

CAD 9.20B
ZEA:CA BMO MSCI EAFE

+0.11 (+0.47%)

CAD 8.36B
XFH:CA iShares Core MSCI EAFE IMI Ind..

+0.13 (+0.41%)

CAD 1.50B
XIN:CA iShares MSCI EAFE (CAD Hedged)

+0.18 (+0.50%)

CAD 1.31B
QDX:CA Mackenzie International Equity..

+0.20 (+0.17%)

CAD 0.99B
ZDM:CA BMO MSCI EAFE (CAD Hedged)

+0.21 (+0.71%)

CAD 0.91B
VEF:CA Vanguard FTSE Developed All Ca..

+0.28 (+0.50%)

CAD 0.65B
FCIQ:CA Fidelity International High Qu..

+0.13 (+0.33%)

CAD 0.63B
HXDM:CA Global X Intl Developed Market..

+0.14 (+0.30%)

CAD 0.61B
ZDI:CA BMO International Dividend Uni..

+0.15 (+0.63%)

CAD 0.43B

ETFs Containing ZXM:CA

N/A

Market Performance

  Market Performance vs. Industry/Classification (International Equity) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 17.49% 100% F 63% D
Dividend Return 3.50% 85% B 50% F
Total Return 20.99% 100% F 64% D
Trailing 12 Months  
Capital Gain 17.81% 100% F 63% D
Dividend Return 3.51% 76% C+ 47% F
Total Return 21.32% 100% F 63% D
Trailing 5 Years  
Capital Gain 38.23% 100% F 67% D+
Dividend Return 17.42% 79% B- 51% F
Total Return 55.65% 100% F 65% D
Average Annual (5 Year Horizon)  
Capital Gain 9.24% 69% C- 64% D
Dividend Return 10.25% 57% F 62% D
Total Return 1.01% 12% F 42% F
Risk Return Profile  
Volatility (Standard Deviation) 19.19% 3% F 46% F
Risk Adjusted Return 53.40% 17% F 66% D+
Market Capitalization 0.03B 11% F 19% 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 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.