RWC:CA:TSX-First Asset MSCI Canada Low Risk Weighted ETF

ETF | Others | Toronto Stock Exchange

Last Closing

CAD 12.12

Change

+0.17 (+1.42)%

Market Cap

CAD 0.02B

Volume

100.00

Analyst Target

N/A
Analyst Rating

N/A

ducovest Verdict

Verdict

About

The First Asset MSCI Canada Low Risk Weighted ETF has been designed to replicate, to the extent possible, the performance of the MSCI Canada Risk Weighted Index, net of expenses. MSCI Canada Risk Weighted Index is based on a traditional market capitalization weighted parent index, MSCI Canada Index, which includes Canadian large and mid-capitalization stocks. Constructed using a simple, but effective and transparent process, the MSCI Canada Risk Weighted Index reweights each security of the parent index so that stocks with lower risk are given higher index weights. The Index seeks to emphasize stocks with lower historical return variance and tends to have a bias towards lower size and lower risk stocks. Historically, the Index has exhibited lower realized volatility in comparison to its parent index.

Inception Date: 19/02/2014

Primary Benchmark: MSCI Canada Risk Weighted GR CAD

Primary Index: S&P/TSX Composite TR

Gross Expense Ratio: NA%

Management Expense Ratio: 0.68 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2019-08-21 )

Largest Industry Peers for Others

Symbol Name Mer Price(Change) Market Cap
FLCP:CA Franklin Liberty Core Plus Bon.. 0.00 %

+0.04 (+0.17%)

N/A
XSMC:CA iShares S&P U.S. Small-Cap.. 0.00 %

-0.21 (-0.98%)

N/A
BASE-B:CA Evolve Global Materials & .. 0.00 %

-0.23 (-1.14%)

N/A
BKL-F:CA Invesco Senior Loan Index ETF .. 0.00 %

-0.01 (-0.05%)

N/A
CGAA:CA CI First Asset Global Asset Al.. 0.00 %

+0.01 (+0.05%)

N/A
CGL-C:CA iShares Gold Bullion ETF (Non-.. 0.00 %

-0.06 (-0.35%)

N/A
DGR-B:CA WisdomTree U.S. Quality Divide.. 0.00 %

+0.07 (+0.25%)

N/A
EMV-B:CA WisdomTree Emerging Markets Di.. 0.00 %

+0.06 (+0.23%)

N/A
EQL-F:CA Invesco S&P 500 Equal Weig.. 0.00 %

-0.09 (-0.43%)

N/A
FHC-F:CA FT AlphaDEX U.S. Consumer Stap.. 0.00 %

+1.06 (+5.71%)

N/A

ETFs Containing RWC:CA

CSY:CA CI First Asset Core Canad.. 0.00 % 1.31 %

N/A

CAD 0.02B
CED:CA CI First Asset Core Canad.. 0.00 % 1.00 %

N/A

CAD 5.44M

Market Performance

  Market Performance vs. Industry/Classification (Others) Market Performance vs. Exchange (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 12.85% 73% C 67% D+
Dividend Return 1.61% 58% F 50% F
Total Return 14.46% 75% C 68% D+
Trailing 12 Months  
Capital Gain 1.76% 64% D 65% D
Dividend Return 2.87% 59% F 52% F
Total Return 4.64% 69% D+ 67% D+
Trailing 5 Years  
Capital Gain 10.58% 57% F 62% D-
Dividend Return 7.97% 22% F 25% F
Total Return 18.56% 50% F 57% F
Average Annual (5 Year Horizon)  
Capital Gain 2.00% 57% F 52% F
Dividend Return 3.54% 56% F 49% F
Total Return 1.54% 46% F 39% F
Risk Return Profile  
Volatility (Standard Deviation) 7.68% 41% F 73% C
Risk Adjusted Return 46.09% 39% F 57% F
Market Capitalization 0.02B 16% F 9% 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:
Positive cash flow

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

What to not like:
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.

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.

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.

Below median total returns

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

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.