ducovest

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

ETF | Financial Services Equity |

Last Closing

CAD 38.83

Change

0.00 (0.00)%

Market Cap

CAD 0.18B

Volume

5.59K

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Currency: CAD

Country : Canada

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-12-25 )

Largest Industry Peers for Financial Services Equity

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

N/A

 CAD 4.43B
ZWB:CA BMO Covered Call Canadian Bank..

N/A

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

N/A

 CAD 1.69B
ZBK:CA BMO Equal Weight US Banks Inde..

N/A

 CAD 0.79B
FSF:CA CI Global Financial Sector ETF

N/A

 CAD 0.46B
ZUB:CA BMO Equal Weight US Banks Hedg..

N/A

 CAD 0.40B
ZWK:CA BMO Covered Call US Banks ETF

N/A

 CAD 0.36B
BANK:CA Evolve Canadian Banks and Life..

N/A

 CAD 0.33B
RBNK:CA RBC Canadian Bank Yield Index ..

N/A

 CAD 0.28B
CEW:CA iShares Equal Weight Banc & Li..

N/A

 CAD 0.24B

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 24.57% 50% F 75% C
Dividend Return N/A N/A N/A N/A N/A
Total Return 24.57% 35% F 71% C-
Trailing 12 Months  
Capital Gain 24.73% 50% F 75% C
Dividend Return N/A N/A N/A N/A N/A
Total Return 24.73% 40% F 70% C-
Trailing 5 Years  
Capital Gain 78.78% 95% A 83% B
Dividend Return N/A N/A N/A N/A N/A
Total Return 78.78% 95% A 78% C+
Average Annual (5 Year Horizon)  
Capital Gain 17.03% 90% A- 82% B
Dividend Return 17.03% 85% B 79% B-
Total Return N/A N/A N/A N/A N/A
Risk Return Profile  
Volatility (Standard Deviation) 23.69% 55% F 38% F
Risk Adjusted Return 71.91% 85% B 82% 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.