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

ETF | Canadian Equity | Toronto Stock Exchange

Last Closing

CAD 15.41

Change

+0.12 (+0.78)%

Market Cap

CAD 0.14B

Volume

1.19K

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: 2020-02-19 )

Largest Industry Peers for Canadian Equity

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

+0.13 (+0.39%)

CAD 12.31B
XIC:CA iShares Core S&P/TSX Capped Co.. 0.06 %

+0.10 (+0.29%)

CAD 11.42B
ZCN:CA BMO S&P/TSX Capped Composite 0.05 %

+0.09 (+0.31%)

CAD 7.38B
VCN:CA Vanguard FTSE Canada All Cap 0.06 %

+0.15 (+0.34%)

CAD 6.54B
HXT:CA Horizons S&P/TSX 60 Index ETF 0.03 %

+0.25 (+0.45%)

CAD 3.86B
ZLB:CA BMO Low Volatility Canadian Eq.. 0.39 %

+0.17 (+0.40%)

CAD 3.49B
VCE:CA Vanguard FTSE Canada 0.06 %

+0.21 (+0.44%)

CAD 1.68B
QCN:CA Mackenzie Canadian Equity Inde.. 0.06 %

-0.24 (-0.18%)

CAD 1.37B
WXM:CA First Asset Morningstar Canada.. 0.67 %

+0.23 (+0.89%)

CAD 0.55B
MKC:CA Mackenzie Maximum Diversificat.. 0.59 %

N/A

CAD 0.41B

ETFs Containing FXM: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 -1.15% 2% F 27% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -1.15% 2% F 27% F
Trailing 12 Months  
Capital Gain 8.44% 29% F 55% F
Dividend Return 1.08% 27% F 30% F
Total Return 9.52% 27% F 54% F
Trailing 5 Years  
Capital Gain 1.92% 11% F 49% F
Dividend Return 8.45% 39% F 30% F
Total Return 10.37% 11% F 44% F
Average Annual (5 Year Horizon)  
Capital Gain 2.33% 19% F 46% F
Dividend Return 4.30% 35% F 45% F
Total Return 1.97% 64% D 49% F
Risk Return Profile  
Volatility (Standard Deviation) 11.43% 5% F 56% F
Risk Adjusted Return 37.61% 11% F 38% F
Market Capitalization 0.14B 53% F 35% 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.