MUS:CA:TSX-Mackenzie Maximum Diversification US Index ETF (CAD)

ETF | US Equity | Toronto Stock Exchange

Last Closing

CAD 36.56

Change

+0.34 (+0.94)%

Market Cap

CAD 4.32M

Volume

901.00

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 USA Index, or any successor thereto. It invests primarily in U.S. equity securities.

Inception Date: 21/06/2016

Primary Benchmark: TOBAM Max Div USA TR CAD

Primary Index: S&P 500 TR (Bank of Canada) CAD

Gross Expense Ratio: NA%

Management Expense Ratio: 0.58 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Symbol Company Name Allocation
WHD Cactus Inc 1.51 %
Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

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

Largest Industry Peers for US Equity

Symbol Name Mer Price(Change) Market Cap
VFV:CA Vanguard S&P 500 Index ETF 0.08 %

+1.24 (+1.01%)

CAD 12.96B
ZSP:CA BMO S&P 500 0.09 %

+0.74 (+0.98%)

CAD 12.96B
XSP:CA iShares Core S&P 500 (CAD Hedg.. 0.11 %

+0.54 (+1.01%)

CAD 9.55B
VUN:CA Vanguard US Total Market 0.16 %

+0.94 (+1.02%)

CAD 7.86B
XUS:CA iShares Core S&P 500 Index ETF 0.11 %

+0.92 (+1.07%)

CAD 5.82B
HXS:CA Horizons S&P 500 Index ETF 0.11 %

+0.75 (+1.07%)

CAD 3.33B
VSP:CA Vanguard S&P 500 CAD hedged 0.09 %

+0.84 (+1.02%)

CAD 2.98B
QUU:CA Mackenzie US Large Cap Equity .. 0.09 %

+1.77 (+0.89%)

CAD 2.89B
XUU:CA iShares Core S&P US Total Mark.. 0.07 %

+0.49 (+0.96%)

CAD 2.66B
XQQ:CA iShares NASDAQ 100 (CAD Hedged.. 0.39 %

+2.04 (+1.54%)

CAD 2.54B

ETFs Containing MUS:CA

N/A

Market Performance

  Market Performance vs. Industry/Classification (US Equity) Market Performance vs. Exchange (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 10.82% 70% C- 78% C+
Dividend Return 0.24% 23% F 7% C-
Total Return 11.06% 68% D+ 76% C+
Trailing 12 Months  
Capital Gain 14.21% 27% F 68% D+
Dividend Return 1.23% 33% F 24% F
Total Return 15.44% 20% F 66% D+
Trailing 5 Years  
Capital Gain 37.19% 33% F 64% D
Dividend Return 3.50% 11% F 14% F
Total Return 40.68% 30% F 61% D-
Average Annual (5 Year Horizon)  
Capital Gain 4.85% 28% F 62% D
Dividend Return 5.54% 16% F 59% D-
Total Return 0.68% 21% F 27% F
Risk Return Profile  
Volatility (Standard Deviation) 12.39% 67% D+ 63% D
Risk Adjusted Return 44.68% 21% F 73% C
Market Capitalization 4.32M 31% F 38% 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:

There is nothing we particularly like

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.

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 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.

Below median total returns

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

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.