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

ETF | Financial Services Equity |

Last Closing

CAD 39.25

Change

+0.17 (+0.44)%

Market Cap

CAD 0.18B

Volume

3.35K

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: 2025-01-17 )

Largest Industry Peers for Financial Services Equity

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

+0.18 (+0.42%)

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

+0.05 (+0.25%)

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

+0.47 (+0.78%)

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

+0.75 (+1.92%)

CAD 0.79B
FSF:CA CI Global Financial Sector ETF

+0.22 (+0.70%)

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

+0.52 (+1.53%)

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

+0.51 (+1.97%)

CAD 0.35B
BANK:CA Evolve Canadian Banks and Life..

+0.01 (+0.12%)

CAD 0.34B
RBNK:CA RBC Canadian Bank Yield Index ..

+0.27 (+0.95%)

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

+0.06 (+0.29%)

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 1.11% 35% F 49% F
Dividend Return N/A N/A N/A N/A N/A
Total Return 1.11% 35% F 49% F
Trailing 12 Months  
Capital Gain 28.73% 55% F 80% B-
Dividend Return N/A N/A N/A N/A N/A
Total Return 28.73% 35% F 77% C+
Trailing 5 Years  
Capital Gain 80.88% 100% F 83% B
Dividend Return N/A N/A N/A N/A N/A
Total Return 80.88% 100% F 79% B-
Average Annual (5 Year Horizon)  
Capital Gain 17.34% 90% A- 82% B
Dividend Return 17.34% 85% B 79% B-
Total Return N/A N/A N/A N/A N/A
Risk Return Profile  
Volatility (Standard Deviation) 23.66% 55% F 38% F
Risk Adjusted Return 73.30% 85% B 82% B
Market Capitalization 0.18B 47% F 43% 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.