ducovest

RWE:CA:TSX-First Asset MSCI Europe Low Risk Weighted ETF (CAD)

ETF | European Equity | Toronto Stock Exchange

Last Closing

CAD 24.87

Change

-0.12 (-0.48)%

Market Cap

CAD 0.04B

Volume

157.00

Analyst Target

N/A
Analyst Rating

N/A

ducovest Verdict

Verdict

About

The Fund has been designed to replicate, to the extent possible, the performance of the MSCI Europe Risk Weighted Top 100 Index Hedged to CAD (the ?Index?), net of expenses. MSCI Europe Risk Weighted Top 100 Index is based on a traditional market capitalization weighted parent index, MSCI Europe Index, which includes developed Europe large and mid-capitalization stocks. Constructed using a simple, but effective and transparent process, each security of the parent index is reweighted so that stocks with lower risk are given higher index weights. The final constituents of the MSCI Europe Risk Weighted Top 100 Index are determined by ranking these security level risk weights and taking the top 100 subset securities. The Indexes seek to emphasize stocks with lower historical return variance and tend 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.

Company Website : www.firstasset.com

Currency: CAD

Country : Canada

Inception Date: 11/02/2014

Primary Benchmark: MSCI Europe RW Top 100 Hedged NR CAD

Primary Index: MSCI Europe GR CAD

Gross Expense Ratio: NA%

Management Expense Ratio: 0.66 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Symbol Company Name Allocation
SECIT:NSE 1.80 %
TU Telus Corp 1.66 %
Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2020-04-08 )

Largest Industry Peers for European Equity

Symbol Name Mer Price(Change) Market Cap
ZWP:CA BMO Europe High Dividend Cover.. 0.69 %

+0.01 (+0.06%)

 CAD 0.77B
ZEQ:CA BMO MSCI Europe High Quality C.. 0.45 %

-0.01 (-0.03%)

 CAD 0.77B
ZWE:CA BMO Europe High Dividend Cover.. 0.70 %

N/A

 CAD 0.60B
XEU:CA iShares MSCI Europe IMI 0.28 %

+0.26 (+0.88%)

 CAD 0.31B
VE:CA Vanguard FTSE Developed Europe.. 0.23 %

-0.06 (-0.17%)

 CAD 0.18B
XEH:CA iShares MSCI Europe IMI CAD He.. 0.28 %

N/A

 CAD 0.15B
RPD:CA RBC Quant European Dividend Le.. 0.54 %

N/A

 CAD 0.03B
EDGF:CA Brompton European Dividend Gro.. 0.00 %

-0.01 (-0.10%)

 CAD 0.02B
RPDH:CA RBC Quant European Dividend Le.. 0.54 %

N/A

 CAD 0.02B
MEU:CA Mackenzie Maximum Diversificat.. 0.61 %

N/A

 CAD 6.56M

ETFs Containing RWE:CA

N/A

Market Performance

  Market Performance vs. Industry/Classification (European Equity) Market Performance vs. Exchange (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -18.41% 71% C- 54% F
Dividend Return 0.49% 67% D+ 64% D
Total Return -17.91% 71% C- 54% F
Trailing 12 Months  
Capital Gain -8.97% 93% A 66% D+
Dividend Return 1.07% 33% F 45% F
Total Return -7.89% 93% A 67% D+
Trailing 5 Years  
Capital Gain 1.59% 86% B+ 69% C-
Dividend Return 9.63% 43% F 38% F
Total Return 11.22% 86% B+ 68% D+
Average Annual (5 Year Horizon)  
Capital Gain 5.38% 92% A 63% D
Dividend Return 7.39% 85% B 61% D-
Total Return 2.01% 25% F 51% F
Risk Return Profile  
Volatility (Standard Deviation) 7.29% 85% B 78% C+
Risk Adjusted Return 101.37% 100% F 89% A-
Market Capitalization 0.04B 50% 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:
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.

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.

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.

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.