ducovest

RBNK:CA:TSX-RBC Canadian Bank Yield Index ETF (CAD)

ETF | Financial Services Equity |

Last Closing

CAD 24.16

Change

-0.18 (-0.74)%

Market Cap

CAD 0.25B

Volume

0.03M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Currency: CAD

Country : Canada

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-04-15 )

Largest Industry Peers for Financial Services Equity

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

N/A

 CAD 3.75B
ZWB:CA BMO Covered Call Canadian Bank..

N/A

 CAD 2.98B
XFN:CA iShares S&P/TSX Capped Financi..

N/A

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

N/A

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

N/A

 CAD 0.49B
ZWK:CA BMO Covered Call US Banks ETF

N/A

 CAD 0.34B
CEW:CA iShares Equal Weight Banc & Li..

N/A

 CAD 0.19B
CIC:CA CI Canadian Banks Covered Call..

N/A

 CAD 0.19B
BANK:CA Evolve Canadian Banks and Life..

N/A

 CAD 0.15B
HEF:CA Horizons Enhanced Income Finan..

N/A

 CAD 0.15B

ETFs Containing RBNK: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 0.62% 35% F 35% F
Dividend Return 1.25% 53% F 55% F
Total Return 1.87% 24% F 38% F
Trailing 12 Months  
Capital Gain 3.56% 41% F 51% F
Dividend Return 4.59% 53% F 70% C-
Total Return 8.14% 35% F 57% F
Trailing 5 Years  
Capital Gain 19.31% 74% C 56% F
Dividend Return 18.48% 65% D 82% B
Total Return 37.79% 74% C 61% D-
Average Annual (5 Year Horizon)  
Capital Gain 6.33% 79% B- 65% D
Dividend Return 9.76% 79% B- 71% C-
Total Return 3.42% 65% D 78% C+
Risk Return Profile  
Volatility (Standard Deviation) 25.33% 42% F 37% F
Risk Adjusted Return 38.51% 74% C 65% D
Market Capitalization 0.25B 68% D+ 50% 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:
Underpriced compared to earnings

The stock is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

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.

What to not like:
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.