MKC:CA:TSX-Mackenzie Maximum Diversification Canada Index ETF (CAD)

ETF | Canadian Equity | Toronto Stock Exchange

Last Closing

CAD 33.76

Change

-0.02 (-0.06)%

Market Cap

CAD 8.48M

Volume

2.98K

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 Canada Index, or any successor thereto. It invests primarily in Canadian equity securities.

Inception Date: 21/06/2016

Primary Benchmark: TOBAM Max Div Canada TR CAD

Primary Index: S&P/TSX Composite TR

Gross Expense Ratio: NA%

Management Expense Ratio: 0.59 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-03-28 )

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 %

+0.16 (+0.46%)

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

+0.12 (+0.41%)

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

+0.18 (+0.40%)

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

+0.21 (+0.38%)

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

+0.08 (+0.19%)

CAD 3.49B
VCE:CA Vanguard FTSE Canada 0.06 %

+0.16 (+0.33%)

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

+0.62 (+0.46%)

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

+0.08 (+0.30%)

CAD 0.55B
XESG:CA iShares ESG Aware MSCI Canada .. 0.00 %

+0.16 (+0.60%)

CAD 0.37B

ETFs Containing MKC: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 7.14% 75% C 61% D-
Dividend Return 0.42% 17% F 16% F
Total Return 7.56% 79% B- 61% D-
Trailing 12 Months  
Capital Gain 14.56% 71% C- 69% C-
Dividend Return 2.07% 20% F 37% F
Total Return 16.63% 71% C- 69% C-
Trailing 5 Years  
Capital Gain 45.71% 79% B- 69% C-
Dividend Return 9.27% 33% F 48% F
Total Return 54.98% 66% D+ 69% C-
Average Annual (5 Year Horizon)  
Capital Gain 6.80% 63% D 68% D+
Dividend Return 8.35% 53% F 67% D+
Total Return 1.55% 34% F 46% F
Risk Return Profile  
Volatility (Standard Deviation) 12.96% 80% B- 61% D-
Risk Adjusted Return 64.46% 80% B- 89% A-
Market Capitalization 8.48M 69% C- 59% D-

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.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

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.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.