ducovest

ZIN:CA:TSX-BMO S&P/TSX Equal Weight Industrials Index ETF (CAD)

ETF | Sector Equity | Toronto Stock Exchange

Last Closing

CAD 22.8

Change

-0.19 (-0.83)%

Market Cap

CAD 0.03B

Volume

200.00

Analyst Target

N/A
Analyst Rating

N/A

ducovest Verdict

Verdict

About

The fund seeks to replicate, net of expenses, the S&P/TSX Equal Weight Industrials 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 Industrials Index includes companies whose businesses are classified as industrials. It is a subset of the S&P/TSX Composite Index, subject to additional size and liquidity screening. Each constituent security is allocated a fixed weight rather than a market capitalization weight.

Company Website : www.etfs.bmo.com

Currency: CAD

Country : Canada

Inception Date: 14/11/2012

Primary Benchmark: Solactive EW CAN Industrials TR CAD

Primary Index: CIBC WM 91 Day Treasury Bill CAD

Gross Expense Ratio: NA%

Management Expense Ratio: 0.59 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Symbol Company Name Allocation
8PB:F Pareto Bank ASA 3.18 %
6B5:F BAIRONG INC.CL.B -00002 2.89 %
Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2020-05-29 )

Largest Industry Peers for Sector Equity

Symbol Name Mer Price(Change) Market Cap
TEC:CA TD Global Technology Leaders I.. 0.00 %

-0.92 (-2.64%)

 CAD 2.36B
ZWU:CA BMO Covered Call Utilities ETF 0.71 %

+0.12 (+1.22%)

 CAD 1.74B
XIT:CA iShares S&P/TSX Capped Informa.. 0.61 %

-0.16 (-0.31%)

 CAD 0.69B
TXF:CA First Asset Tech Giants Covere.. 0.72 %

-0.45 (-2.24%)

 CAD 0.66B
XHC:CA iShares Global Healthcare (CAD.. 0.65 %

+0.17 (+0.25%)

 CAD 0.63B
HTA:CA Tech Achievers Growth & Income.. 1.39 %

-0.41 (-2.38%)

 CAD 0.57B
ZUT:CA BMO Equal Weight Utilities Ind.. 0.60 %

+0.09 (+0.49%)

 CAD 0.41B
HHL:CA Harvest Healthcare Leaders Inc.. 1.15 %

+0.01 (+0.13%)

 CAD 0.33B
ZUH:CA BMO Equal Weight US Health Car.. 0.39 %

+0.16 (+0.24%)

 CAD 0.32B
CWW:CA iShares Global Water Common Cl.. 0.66 %

+0.17 (+0.31%)

 CAD 0.32B

ETFs Containing ZIN:CA

N/A

Market Performance

  Market Performance vs. Industry/Classification (Sector Equity) Market Performance vs. Exchange (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -22.34% 3% F 28% F
Dividend Return 0.54% 44% F 41% F
Total Return -21.80% 3% F 29% F
Trailing 12 Months  
Capital Gain -19.43% 5% F 31% F
Dividend Return 0.99% 62% D 48% F
Total Return -18.45% 5% F 31% F
Trailing 5 Years  
Capital Gain 6.00% 15% F 66% D+
Dividend Return 5.97% 55% F 19% F
Total Return 11.97% 10% F 60% D-
Average Annual (5 Year Horizon)  
Capital Gain 10.00% 88% B+ 78% C+
Dividend Return 11.22% 85% B 75% C
Total Return 1.22% 48% F 28% F
Risk Return Profile  
Volatility (Standard Deviation) 14.11% 21% F 52% F
Risk Adjusted Return 79.49% 76% C+ 79% B-
Market Capitalization 0.03B 43% F 24% 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 on cashflow basis

The stock is trading low compared to its peers on a price to cash flow 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.

Positive cash flow

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

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.