CEW:CA:TSX-iShares Equal Weight Banc & Lifeco ETF (CAD)

ETF | Financial Services Equity | Toronto Stock Exchange

Last Closing

CAD 17.45

Change

+0.10 (+0.58)%

Market Cap

CAD 0.10B

Volume

7.18K

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The investment seeks to provide investors with a diversified equal weighted investment in a portfolio consisting of common shares of the largest Canadian banks and life insurance companies.

Inception Date: 06/02/2008

Primary Benchmark: S&P/TSX Capped Composite TR CAD

Primary Index: MSCI World/Financials GR CAD

Gross Expense Ratio: NA%

Management Expense Ratio: 0.60 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-03-28 )

Largest Industry Peers for Financial Services Equity

Symbol Name Mer Price(Change) Market Cap
ZEB:CA BMO S&P/TSX Equal Weight Banks 0.60 %

-0.03 (-0.08%)

CAD 3.75B
ZWB:CA BMO Covered Call Canadian Bank.. 0.71 %

-0.07 (-0.36%)

CAD 2.98B
XFN:CA iShares S&P/TSX Capped Financi.. 0.61 %

+0.24 (+0.50%)

CAD 1.39B
ZBK:CA BMO Equal Weight US Banks Inde.. 0.37 %

+0.13 (+0.45%)

CAD 0.68B
ZUB:CA BMO Equal Weight US Banks Hedg.. 0.38 %

+0.05 (+0.19%)

CAD 0.49B
ZWK:CA BMO Covered Call US Banks ETF 0.00 %

-0.09 (-0.43%)

CAD 0.34B
RBNK:CA RBC Canadian Bank Yield Index .. 0.33 %

+0.07 (+0.29%)

CAD 0.25B
CIC:CA CI Canadian Banks Covered Call.. 0.84 %

+0.03 (+0.23%)

CAD 0.19B
BANK:CA Evolve Canadian Banks and Life.. 0.39 %

+0.03 (+0.42%)

CAD 0.15B
HEF:CA Horizons Enhanced Income Finan.. 0.83 %

N/A

CAD 0.15B

ETFs Containing CEW:CA

N/A

Market Performance

  Market Performance vs. Industry/Classification (Financial Services Equity) Market Performance vs. Exchange (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 4.24% 29% F 46% F
Dividend Return 1.06% 33% F 47% F
Total Return 5.30% 18% F 48% F
Trailing 12 Months  
Capital Gain 14.13% 53% F 68% D+
Dividend Return 4.09% 40% F 66% D+
Total Return 18.22% 53% F 72% C
Trailing 5 Years  
Capital Gain 42.33% 89% A- 67% D+
Dividend Return 18.42% 59% D- 81% B-
Total Return 60.75% 89% A- 72% C
Average Annual (5 Year Horizon)  
Capital Gain 7.40% 89% A- 70% C-
Dividend Return 10.64% 95% A 75% C
Total Return 3.24% 53% F 76% C+
Risk Return Profile  
Volatility (Standard Deviation) 22.89% 68% D+ 40% F
Risk Adjusted Return 46.48% 100% F 74% C
Market Capitalization 0.10B 63% D 48% 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.

High dividend returns

The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.

What to not like:

There is nothing we particularly dislike