ducovest

MEE:CA:TSX-Mackenzie Maximum Diversification Emerging Markets Index ETF (CAD)

ETF | Emerging Markets Equity | Toronto Stock Exchange

Last Closing

CAD 26.01

Change

-0.01 (-0.04)%

Market Cap

CAD 6.37M

Volume

354.00

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the TOBAM Maximum Diversification Emerging Index, or any successor thereto. It invests primarily in equity securities of emerging markets.

Company Website : www.mackenzieinvestments.com

Currency: CAD

Country : Canada

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-03-27 )

Largest Industry Peers for Emerging Markets Equity

Symbol Name Price(Change) Market Cap
XSEM:CA iShares ESG MSCI Emerging Mark..

N/A

 CAD 2.83B
VEE:CA Vanguard FTSE Emerging Markets

N/A

 CAD 1.76B
XEC:CA iShares Core MSCI Emerging Mar..

N/A

 CAD 1.48B
ZEM:CA BMO MSCI Emerging Markets Inde..

N/A

 CAD 1.30B
XEM:CA iShares MSCI Emerging Markets ..

N/A

 CAD 0.21B
ZLE:CA BMO Low Volatility Emerging Ma..

N/A

 CAD 0.07B
XMM:CA iShares MSCI Min Vol Emerging ..

N/A

 CAD 0.06B
QEM:CA QuantShares Enhanced Core Emer..

N/A

 CAD 0.05B
RXD:CA RBC Quant Emerging Markets Div..

N/A

 CAD 0.04B

ETFs Containing MEE:CA

N/A

Market Performance

  Market Performance vs. Industry/Classification (Emerging Markets Equity) Market Performance vs. Exchange (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 4.50% 80% B- 49% F
Dividend Return N/A N/A N/A N/A N/A
Total Return 4.50% 80% B- 45% F
Trailing 12 Months  
Capital Gain 12.94% 100% F 65% D
Dividend Return 1.27% 22% F 25% F
Total Return 14.21% 100% F 63% D
Trailing 5 Years  
Capital Gain 8.15% 100% F 47% F
Dividend Return 6.41% 13% F 29% F
Total Return 14.56% 100% F 44% F
Average Annual (5 Year Horizon)  
Capital Gain 1.80% 100% F 51% F
Dividend Return 3.05% 100% F 51% F
Total Return 1.24% 30% F 39% F
Risk Return Profile  
Volatility (Standard Deviation) 14.78% 50% F 55% F
Risk Adjusted Return 20.61% 100% F 51% F
Market Capitalization 6.37M 40% F 31% 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.

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.

Positive cash flow

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

What to not like:
Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

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.

Negative earnings

The company had negative total earnings in the most recent four quarters.