HEWB:CA:TSX-Horizons Equal Weight Canada Banks Index ETF (CAD)

ETF | Financial Services Equity |

Last Closing

CAD 31.84

Change

+0.04 (+0.13)%

Market Cap

CAD 0.15B

Volume

7.32K

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

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Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

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Relative Returns (From:    To: 2024-04-26 )

Largest Industry Peers for Financial Services Equity

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

+0.17 (+0.47%)

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

+0.07 (+0.39%)

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

-0.03 (-0.06%)

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

+0.13 (+0.43%)

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

+0.14 (+0.51%)

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

+0.16 (+0.75%)

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

+0.12 (+0.49%)

CAD 0.25B
CEW:CA iShares Equal Weight Banc & Li..

N/A

CAD 0.19B
CIC:CA CI Canadian Banks Covered Call..

+0.05 (+0.46%)

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

-0.02 (-0.27%)

CAD 0.15B

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 2.15% 53% F 43% F
Dividend Return N/A N/A N/A N/A N/A
Total Return 2.15% 35% F 39% F
Trailing 12 Months  
Capital Gain 8.71% 59% D- 63% D
Dividend Return N/A N/A N/A N/A N/A
Total Return 8.71% 41% F 58% F
Trailing 5 Years  
Capital Gain 51.76% 95% A 73% C
Dividend Return N/A N/A N/A N/A N/A
Total Return 51.76% 95% A 70% C-
Average Annual (5 Year Horizon)  
Capital Gain 11.91% 100% F 80% B-
Dividend Return 11.91% 100% F 76% C+
Total Return N/A N/A N/A N/A N/A
Risk Return Profile  
Volatility (Standard Deviation) 24.79% 53% F 38% F
Risk Adjusted Return 48.06% 89% A- 74% C
Market Capitalization 0.15B 42% F 44% 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.