ducovest

QXM:CA:TSX-First Asset Morningstar National Bank Quebec Index ETF (CAD)

ETF | Canadian Equity | Toronto Stock Exchange

Last Closing

CAD 28.19

Change

+0.08 (+0.28)%

Market Cap

CAD 0.06B

Volume

522.00

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The First Asset Morningstar National Bank Qu?bec Index ETF has been designed to replicate, to the extent possible, the performance of the Morningstar? National Bank Qu?bec Index?, net of expenses. The First Asset Morningstar National Bank Qu?bec Index ETF invests in equity securities of issuers with a minimum float capitalization of $150 million and which are headquartered in the Province of Qu?bec.

Company Website : www.firstasset.com

Currency: CAD

Country : Canada

Inception Date: 06/02/2012

Primary Benchmark: Morningstar National Bank Quebec NR CAD

Primary Index: S&P/TSX Composite TR

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
STVN Stevanato Group SpA 5.77 %
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 %

N/A

 CAD 12.31B
XIC:CA iShares Core S&P/TSX Capped Co.. 0.06 %

N/A

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

N/A

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

N/A

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

N/A

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

N/A

 CAD 3.49B
VCE:CA Vanguard FTSE Canada 0.06 %

N/A

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

N/A

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

N/A

 CAD 0.55B
MKC:CA Mackenzie Maximum Diversificat.. 0.59 %

N/A

 CAD 0.41B

ETFs Containing QXM: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 6.06% 46% F 55% F
Dividend Return 0.20% 4% F 5% F
Total Return 6.26% 32% F 54% F
Trailing 12 Months  
Capital Gain 10.03% 29% F 61% D-
Dividend Return 1.03% 12% F 18% F
Total Return 11.06% 25% F 57% F
Trailing 5 Years  
Capital Gain 36.38% 34% F 63% D
Dividend Return 3.98% 7% C- 15% F
Total Return 40.37% 24% F 60% D-
Average Annual (5 Year Horizon)  
Capital Gain 6.87% 67% D+ 69% C-
Dividend Return 7.54% 27% F 65% D
Total Return 0.66% 10% F 27% F
Risk Return Profile  
Volatility (Standard Deviation) 19.50% 17% F 45% F
Risk Adjusted Return 38.64% 7% C- 67% D+
Market Capitalization 0.06B 24% 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:

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.

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.