ducovest

YXM:CA:TSX-First Asset Morningstar US Momentum Index ETF (CAD)

ETF | US Small/Mid Cap Equity | Toronto Stock Exchange

Last Closing

CAD 26.02

Change

-0.02 (-0.08)%

Market Cap

CAD 0.04B

Volume

100.00

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The First Asset Morningstar US Momentum Index ETF has been designed to replicate, to the extent possible, the performance of the Morningstar? US Target Momentum Index?, net of expenses. The First Asset Morningstar US Momentum Index ETF invests in equity securities of the largest and most liquid U.S. issuers based on proprietary research generated by Morningstar, and is designed to provide diversified exposure to U.S. issuers which have demonstrated, among other things, positive momentum in earnings and price.

Company Website : www.firstasset.com

Currency: CAD

Country : Canada

Inception Date: 11/10/2013

Primary Benchmark: Morningstar US Trgt Mtum Hdg TR CAD

Primary Index: Russell 2000 TR CAD

Gross Expense Ratio: NA%

Management Expense Ratio: 0.68 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

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 Small/Mid Cap Equity

Symbol Name Mer Price(Change) Market Cap
XSU:CA iShares US Small Cap (CAD Hedg.. 0.36 %

N/A

 CAD 0.53B
XMC:CA iShares S&P US Mid-Cap 0.16 %

N/A

 CAD 0.22B
XMH:CA iShares S&P US Mid-Cap CAD Hed.. 0.16 %

N/A

 CAD 0.20B
DXZ:CA Dynamic Active U.S. Mid-Cap ET.. 0.87 %

N/A

 CAD 0.03B
UMI:CA CI WisdomTree U.S. MidCap Divi.. 0.41 %

N/A

 CAD 0.02B
MUMC:CA Manulife Multifactor U.S. Mid .. 0.55 %

N/A

 CAD 8.01M
MUSC:CA Manulife Multifactor U.S. Smal.. 0.62 %

N/A

 CAD 3.66M

ETFs Containing YXM:CA

N/A

Market Performance

  Market Performance vs. Industry/Classification (US Small/Mid Cap Equity) Market Performance vs. Exchange (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 22.74% 100% F 91% A-
Dividend Return N/A N/A N/A N/A N/A
Total Return 22.74% 100% F 91% A-
Trailing 12 Months  
Capital Gain 46.67% 100% F 93% A
Dividend Return 0.23% 13% F 2% F
Total Return 46.90% 100% F 93% A
Trailing 5 Years  
Capital Gain 97.42% 100% F 86% B+
Dividend Return 1.41% 33% F 7% C-
Total Return 98.83% 100% F 84% B
Average Annual (5 Year Horizon)  
Capital Gain 11.72% 100% F 81% B-
Dividend Return 11.92% 100% F 78% C+
Total Return 0.21% 13% F 18% F
Risk Return Profile  
Volatility (Standard Deviation) 20.54% 78% C+ 44% F
Risk Adjusted Return 58.05% 100% F 85% B
Market Capitalization 0.04B 22% F 14% 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.

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.

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.

What to not like:
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.