ducovest

ZGD:CA:TSX-BMO S&P/TSX Equal Weight Global Gold Index ETF (CAD)

ETF | Precious Metals Equity | Toronto Stock Exchange

Last Closing

CAD 87.25

Change

+0.11 (+0.13)%

Market Cap

CAD 0.03B

Volume

1.71K

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The fund seeks to replicate, net of expenses, the S&P/TSX Equal Weight Global Gold Index. It invests in and holds the constituent securities of the Index in the same proportion as they are reflected in the index. The S&P/TSX Equal Weight Global Gold Index is a subset of securities which are constituents of the S&P/TSX Global Mining Index. It is designed to provide investors an investable index of global securities involved in the production or extraction of gold.

Company Website : www.etfs.bmo.com

Currency: CAD

Country : Canada

Inception Date: 14/11/2012

Primary Benchmark: Solactive EW Global Gold TR CAD

Primary Index: S&P/TSX Global Gold TR CAD

Gross Expense Ratio: NA%

Management Expense Ratio: 0.61 %

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: 2024-04-16 )

Largest Industry Peers for Precious Metals Equity

Symbol Name Mer Price(Change) Market Cap
XGD:CA iShares S&P/TSX Global Gold In.. 0.61 %

+0.10 (+0.50%)

 CAD 1.30B
HEP:CA Horizons Enhanced Income Gold .. 0.83 %

N/A

 CAD 0.23B
ZJG:CA BMO Junior Gold Index ETF 0.60 %

+0.59 (+0.77%)

 CAD 0.07B
HGGG:CA Harvest Global Gold Giants Ind.. 0.00 %

+0.34 (+1.18%)

 CAD 0.02B

ETFs Containing ZGD:CA

ZZZD:CA BMO Tactical Dividend Ser.. 0.00 % 0.00 %

-0.01 (-0.04%)

 CAD 0.26B

Market Performance

  Market Performance vs. Industry/Classification (Precious Metals Equity) Market Performance vs. Exchange (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 17.75% 100% F 86% B+
Dividend Return N/A N/A N/A N/A N/A
Total Return 17.75% 100% F 86% B+
Trailing 12 Months  
Capital Gain 2.89% 100% F 52% F
Dividend Return 0.66% 33% F 11% F
Total Return 3.55% 100% F 46% F
Trailing 5 Years  
Capital Gain 100.76% 100% F 86% B+
Dividend Return N/A N/A N/A N/A N/A
Total Return 100.76% 100% F 85% B
Average Annual (5 Year Horizon)  
Capital Gain 11.94% 100% F 80% B-
Dividend Return 12.29% 100% F 78% C+
Total Return 0.35% 50% F 24% F
Risk Return Profile  
Volatility (Standard Deviation) 38.62% 40% F 23% F
Risk Adjusted Return 31.81% 100% F 59% D-
Market Capitalization 0.03B 40% F 25% 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.

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.

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.

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.