ducovest

ZRE:CA:TSX-BMO Equal Weight REITs Index ETF (CAD)

ETF | Real Estate Equity | Toronto Stock Exchange

Last Closing

CAD 19.74

Change

-0.05 (-0.25)%

Market Cap

CAD 0.38B

Volume

0.02M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The investment seeks to replicate, net of expenses, the DJ Canada Select Equal Weight REIT Index. The index consists of the securities of Canadian real estate investment trusts that fall within the Real Estate Investment Trust sector of the Industry Classification Benchmark.

Company Website : www.etfs.bmo.com

Currency: CAD

Country : Canada

Inception Date: 19/05/2010

Primary Benchmark: Solactive Equal Weight CAN REIT TR CAD

Primary Index: FTSE EPRA/NAREIT Developed PR 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: 2024-04-26 )

Largest Industry Peers for Real Estate Equity

Symbol Name Mer Price(Change) Market Cap
XRE:CA iShares S&P/TSX Capped REIT In.. 0.61 %

+0.14 (+0.93%)

 CAD 1.11B
RIT:CA CI Canadian REIT ETF 0.90 %

+0.11 (+0.72%)

 CAD 0.51B
VRE:CA Vanguard FTSE Canadian Capped .. 0.39 %

+0.20 (+0.69%)

 CAD 0.26B
CGR:CA iShares Global Real Estate Com.. 0.71 %

-0.31 (-1.10%)

 CAD 0.18B
HCRE:CA Global X Equal Weight Canadian.. 0.00 %

-0.13 (-0.54%)

 CAD 0.05B
HGR:CA Harvest Global REIT Leaders In.. 2.68 %

-0.05 (-0.76%)

 CAD 0.02B

ETFs Containing ZRE:CA

ETP:CA First Trust Global Risk M.. 0.00 % 0.98 %

N/A

 CAD 0.02B
ZMI:CA BMO Monthly Income 0.00 % 0.61 %

-0.16 (0%)

 CAD 0.12B
ETP-A:CA 0.00 % 0.00 %

N/A

 N/A

Market Performance

  Market Performance vs. Industry/Classification (Real Estate Equity) Market Performance vs. Exchange (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -6.13% 43% F 13% F
Dividend Return 1.71% 80% B- 74% C
Total Return -4.42% 57% F 14% F
Trailing 12 Months  
Capital Gain -9.66% 43% F 19% F
Dividend Return 4.53% 80% B- 69% C-
Total Return -5.13% 43% F 21% F
Trailing 5 Years  
Capital Gain -14.17% 57% F 26% F
Dividend Return 16.39% 83% B 78% C+
Total Return 2.22% 86% B+ 34% F
Average Annual (5 Year Horizon)  
Capital Gain -1.76% 71% C- 32% F
Dividend Return 1.56% 86% B+ 42% F
Total Return 3.32% 83% B 77% C+
Risk Return Profile  
Volatility (Standard Deviation) 21.18% 29% F 43% F
Risk Adjusted Return 7.36% 86% B+ 38% F
Market Capitalization 0.38B 86% B+ 62% D

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.

Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

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.

What to not like:
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.

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.