ducovest

WXM:CA:TSX-First Asset Morningstar Canada Momentum Index ETF (CAD)

ETF | Canadian Equity | Toronto Stock Exchange

Last Closing

CAD 32.46

Change

0.00 (0.00)%

Market Cap

CAD 0.15B

Volume

2.20K

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The First Asset Morningstar Canada Momentum Index ETF has been designed to replicate, to the extent possible, the performance of the Morningstar? Canada Target Momentum Index?, net of expenses. The First Asset Morningstar Canada Momentum Index ETF invests in equity securities of the largest and most liquid Canadian issuers based on proprietary research generated by Morningstar, and is designed to provide diversified exposure to Canadian issuers which have demonstrated, among other things, positive momentum in earnings and price.

Company Website : www.firstasset.com

Currency: CAD

Country : Canada

Inception Date: 15/02/2012

Primary Benchmark: Morningstar Canada Tgt Mtum TR CAD

Primary Index: S&P/TSX Composite TR

Gross Expense Ratio: NA%

Management Expense Ratio: 0.67 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Symbol Company Name Allocation
CLS Celestica Inc. 5.68 %
CCIA Vertical Capital Income Fund 3.76 %
MFC Manulife Financial Corp 3.49 %
IMO Imperial Oil Ltd 3.38 %
IMG CIMG Inc. 3.34 %
IFRX InflaRx N.V. 3.33 %
BIPC Brookfield Infrastructure Corp 3.33 %
GIL Gildan Activewear Inc. 3.32 %
Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-12-28 )

Largest Industry Peers for Canadian Equity

Symbol Name Mer Price(Change) Market Cap
XIU:CA iShares S&P/TSX 60 0.18 %

N/A

 CAD 16.08B
XIC:CA iShares Core S&P/TSX Capped Co.. 0.06 %

N/A

 CAD 14.55B
ZCN:CA BMO S&P/TSX Capped Composite 0.05 %

N/A

 CAD 9.37B
VCN:CA Vanguard FTSE Canada All Cap 0.06 %

N/A

 CAD 8.38B
HXT:CA Global X S&P/TSX 60™ Index C.. 0.03 %

N/A

 CAD 4.14B
ZLB:CA BMO Low Volatility Canadian Eq.. 0.39 %

N/A

 CAD 4.02B
VCE:CA Vanguard FTSE Canada 0.06 %

N/A

 CAD 2.06B
QCN:CA Mackenzie Canadian Equity Inde.. 0.06 %

N/A

 CAD 1.63B
XESG:CA iShares ESG Aware MSCI Canada .. 0.00 %

N/A

 CAD 0.46B
MCLC:CA Manulife Multifactor Canadian .. 0.45 %

N/A

 CAD 0.35B

ETFs Containing WXM:CA

N/A

Market Performance

  Market Performance vs. Industry/Classification (Canadian Equity) Market Performance vs. Exchange (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 32.65% 100% F 84% B
Dividend Return 1.68% 24% F 23% F
Total Return 34.33% 100% F 83% B
Trailing 12 Months  
Capital Gain 32.65% 100% F 84% B
Dividend Return 1.68% 24% F 23% F
Total Return 34.33% 100% F 83% B
Trailing 5 Years  
Capital Gain 62.79% 93% A 77% C+
Dividend Return 8.56% 15% F 19% F
Total Return 71.34% 90% A- 75% C
Average Annual (5 Year Horizon)  
Capital Gain 10.51% 55% F 68% D+
Dividend Return 11.23% 21% F 64% D
Total Return 0.72% 7% C- 37% F
Risk Return Profile  
Volatility (Standard Deviation) 13.51% 52% F 61% D-
Risk Adjusted Return 83.14% 41% F 88% B+
Market Capitalization 0.15B 70% C- 61% D-

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:

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 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.