ZEQ:CA:TSX-BMO MSCI Europe High Quality Hedged to CAD Index ETF (CAD)

ETF | European Equity | Toronto Stock Exchange

Last Closing

CAD 20.56

Change

+0.36 (+1.78)%

Market Cap

CAD 0.31B

Volume

0.01M

Analyst Target

N/A
Analyst Rating

N/A

ducovest Verdict

Verdict

About

The fund seeks to replicate, net of expenses, the MSCI Europe Quality 100% Hedged to CAD Index. Tje fund is to invest in and hold a proportionate share of the constituent securities of the underlying index, or other securities, in order to achieve its investment objectives and hedged back to canadian dollars. It may also hold cash and cash equivalents or other money market instruments in order to meet their current obligations.

Inception Date: 10/02/2014

Primary Benchmark: MSCI Europe Quality Hedged NR CAD

Primary Index: MSCI Europe GR CAD

Gross Expense Ratio: NA%

Management Expense Ratio: 0.45 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Symbol Company Name Allocation
CPAY Corpay Inc 2.98 %
NYVL:F Supalai Public Company Limited 2.73 %
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 %

-0.03 (-0.17%)

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

-0.12 (-0.58%)

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

-0.16 (-0.54%)

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

-0.33 (-0.94%)

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

-0.14 (-0.43%)

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 %

+0.02 (+0.19%)

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 ZEQ: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 -13.58% 100% F 66% D+
Dividend Return N/A N/A N/A N/A N/A
Total Return -13.58% 100% F 65% D
Trailing 12 Months  
Capital Gain -2.33% 100% F 77% C+
Dividend Return 0.50% 8% B- 14% F
Total Return -1.83% 100% F 76% C+
Trailing 5 Years  
Capital Gain 11.62% 100% F 75% C
Dividend Return 8.06% 14% F 29% F
Total Return 19.68% 100% F 74% C
Average Annual (5 Year Horizon)  
Capital Gain 6.97% 100% F 68% D+
Dividend Return 8.73% 100% F 66% D+
Total Return 1.76% 17% F 46% F
Risk Return Profile  
Volatility (Standard Deviation) 8.95% 62% D 70% C-
Risk Adjusted Return 97.53% 92% A 84% B
Market Capitalization 0.31B 86% B+ 58% 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.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

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.