HEWB:CA:TSX-Global X Equal Weight Canadian Banks Index Corporate Class ETF (CAD)

ETF | Financial Services Equity |

Last Closing

CAD 31.76

Change

0.00 (0.00)%

Market Cap

CAD 0.15B

Volume

0.01M

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: 2024-05-05 )

Largest Industry Peers for Financial Services Equity

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

+0.21 (+0.58%)

CAD 3.40B
ZWB:CA BMO Covered Call Canadian Bank..

+0.09 (+0.50%)

CAD 3.03B
XFN:CA iShares S&P/TSX Capped Financi..

+0.26 (+0.52%)

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

N/A

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

+0.02 (+0.07%)

CAD 0.50B
ZWK:CA BMO Covered Call US Banks ETF

-0.03 (-0.12%)

CAD 0.35B
RBNK:CA RBC Canadian Bank Yield Index ..

+0.06 (+0.24%)

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

+0.12 (+0.69%)

CAD 0.20B
CIC:CA CI Canadian Banks Covered Call..

+0.04 (+0.32%)

CAD 0.20B
BANK:CA Evolve Canadian Banks and Life..

+0.05 (+0.67%)

CAD 0.16B

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 1.89% 47% F 39% F
Dividend Return N/A N/A N/A N/A N/A
Total Return 1.89% 24% F 35% F
Trailing 12 Months  
Capital Gain 9.63% 59% D- 62% D
Dividend Return N/A N/A N/A N/A N/A
Total Return 9.63% 41% F 57% F
Trailing 5 Years  
Capital Gain 49.95% 95% A 71% C-
Dividend Return N/A N/A N/A N/A N/A
Total Return 49.95% 95% A 67% D+
Average Annual (5 Year Horizon)  
Capital Gain 12.06% 100% F 80% B-
Dividend Return 12.06% 100% F 77% C+
Total Return N/A N/A N/A N/A N/A
Risk Return Profile  
Volatility (Standard Deviation) 24.69% 53% F 38% F
Risk Adjusted Return 48.84% 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.