FXM:CA:TSX-First Asset Morningstar Canada Value Index ETF

ETF | Others | Toronto Stock Exchange

Last Closing

CAD 15.17

Change

-0.03 (-0.20)%

Market Cap

CAD 0.14B

Volume

1.42K

Analyst Target

N/A
Analyst Rating

N/A

ducovest Verdict

Verdict

About

The First Asset Morningstar Canada Value Index ETF has been designed to replicate, to the extent possible, the performance of the Morningstar? Canada Target Value Index?, net of expenses. The First Asset Morningstar Canada Value 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 are considered to be ?good value? based on characteristics like low price to earnings and low price to cash flow ratios.

Inception Date: 13/02/2012

Primary Benchmark: Morningstar Canada Tgt Val 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 Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2019-09-19 )

Largest Industry Peers for Others

Symbol Name Mer Price(Change) Market Cap
XEF-U:CA iShares Core MSCI EAFE IMI Ind.. 0.00 %

N/A

CAD 6.19B
CASH:CA Horizons High Interest Savings.. 0.00 %

+0.01 (+0.02%)

CAD 4.87B
PHYS-U:CA Sprott Physical Gold Trust 0.00 %

-0.04 (-0.22%)

CAD 4.76B
XUS-U:CA iShares Core S&P 500 Index ETF 0.00 %

+0.67 (+1.06%)

CAD 4.54B
HXT-U:CA Horizons S&P/TSX 60 Index ETF 0.00 %

N/A

CAD 3.92B
CEF-U:CA Sprott Physical Gold and Silve.. 0.00 %

N/A

CAD 3.78B
XEQT:CA iShares Core Equity Portfolio 0.00 %

+0.24 (+0.82%)

CAD 3.29B
PSLV-U:CA Sprott Physical Silver Trust 0.00 %

+0.03 (+0.33%)

CAD 3.29B
IGAF:CA IA Clarington Loomis Global Al.. 0.00 %

N/A

CAD 3.23B
NSCB:CA NBI Sustainable Canadian Bond .. 0.00 %

-0.04 (-0.19%)

CAD 2.78B

ETFs Containing FXM:CA

N/A

Market Performance

  Market Performance vs. Industry/Classification (Others) Market Performance vs. Exchange (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 18.24% 82% B 72% C
Dividend Return 1.19% 34% F 29% F
Total Return 19.43% 81% B- 72% C
Trailing 12 Months  
Capital Gain 2.64% 59% D- 62% D
Dividend Return 2.20% 44% F 40% F
Total Return 4.84% 59% D- 61% D-
Trailing 5 Years  
Capital Gain -0.85% 32% F 49% F
Dividend Return 8.35% 25% F 27% F
Total Return 7.50% 21% F 43% F
Average Annual (5 Year Horizon)  
Capital Gain -0.26% 34% F 38% F
Dividend Return 1.70% 34% F 36% F
Total Return 1.97% 60% D- 50% F
Risk Return Profile  
Volatility (Standard Deviation) 12.06% 15% F 56% F
Risk Adjusted Return 14.13% 18% F 33% F
Market Capitalization 0.14B 59% D- 38% 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:
Underpriced on cashflow basis

The stock is trading low compared to its peers on a price to cash flow basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Underpriced compared to earnings

The stock is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

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.

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.