ducovest

EDGE:CA:TSX-Evolve Innovation Index Fund ETF (CAD)

ETF | Global Equity |

Last Closing

CAD 36.42

Change

+0.02 (+0.05)%

Market Cap

CAD 0.05B

Volume

100.00

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: 2024-03-28 )

Largest Industry Peers for Global Equity

Symbol Name Price(Change) Market Cap
VEQT:CA Vanguard All-Equity ETF Portfo..

N/A

 CAD 3.94B
XAW:CA iShares Core MSCI All Country ..

N/A

 CAD 2.38B
VXC:CA Vanguard FTSE Global All Cap e..

N/A

 CAD 1.78B
XWD:CA iShares MSCI World Index ETF

N/A

 CAD 0.88B
DXG:CA Dynamic Active Global Dividend..

N/A

 CAD 0.63B
ZGQ:CA BMO MSCI All Country World Hig..

N/A

 CAD 0.54B
HAZ:CA Horizons Active Global Dividen..

N/A

 CAD 0.35B
VVL:CA Vanguard Global Value Factor

N/A

 CAD 0.35B
XDG:CA iShares Core MSCI Global Quali..

N/A

 CAD 0.34B
MWD:CA Mackenzie Maximum Diversificat..

N/A

 CAD 0.29B

ETFs Containing EDGE:CA

N/A

Market Performance

  Market Performance vs. Industry/Classification (Global Equity) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 9.04% 43% F 69% C-
Dividend Return 0.01% 8% B- N/A F
Total Return 9.06% 39% F 68% D+
Trailing 12 Months  
Capital Gain 22.05% 65% D 79% B-
Dividend Return 0.07% 5% F 1% F
Total Return 22.12% 52% F 77% C+
Trailing 5 Years  
Capital Gain 77.05% 87% B+ 80% B-
Dividend Return 0.29% 5% F 1% F
Total Return 77.35% 83% B 78% C+
Average Annual (5 Year Horizon)  
Capital Gain 14.65% 100% F 84% B
Dividend Return 14.69% 100% F 83% B
Total Return 0.04% 4% F 10% F
Risk Return Profile  
Volatility (Standard Deviation) 32.87% 4% F 28% F
Risk Adjusted Return 44.69% 26% F 73% C
Market Capitalization 0.05B 30% F 26% 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:
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:
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.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

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.