ducovest

ZUE:CA:TSX-BMO S&P 500 Hedged to CAD Index ETF (CAD)

ETF | US Equity | Toronto Stock Exchange

Last Closing

CAD 70.49

Change

+0.04 (+0.06)%

Market Cap

CAD 1.09B

Volume

5.45K

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

"The investment seeks to replicate, to the extent possible, the performance of the S&P 500 Hedged to Canadian Dollars Index, net of expenses. The fund will invest in and hold the Constituent Securities of the S&P 500 Hedged to Canadian Dollars Index in the same proportion as they are reflected in the S&P 500 Hedged to Canadian Dollars Index or securities intended to replicate the performance of the Index. The index is a float-adjusted market capitalization weighted index that incorporates securities of 500 of the largest U.S. public issuers, representing all major industries, hedged to Canadian dollars, and provides a more diversified exposure that is more representative of the U.S. equity market."

Company Website : www.etfs.bmo.com

Currency: CAD

Country : Canada

Inception Date: 29/05/2009

Primary Benchmark: S&P 500 TR Hdg CAD

Primary Index: S&P 500 TR (Bank of Canada) CAD

Gross Expense Ratio: NA%

Management Expense Ratio: 0.09 %

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: 2024-04-24 )

Largest Industry Peers for US Equity

Symbol Name Mer Price(Change) Market Cap
VFV:CA Vanguard S&P 500 Index ETF 0.08 %

+1.64 (+1.33%)

 CAD 12.96B
ZSP:CA BMO S&P 500 0.09 %

+0.94 (+1.24%)

 CAD 12.96B
XSP:CA iShares Core S&P 500 (CAD Hedg.. 0.11 %

+0.64 (+1.20%)

 CAD 9.55B
VUN:CA Vanguard US Total Market 0.16 %

+1.09 (+1.17%)

 CAD 7.86B
XUS:CA iShares Core S&P 500 Index ETF 0.11 %

+1.06 (+1.23%)

 CAD 5.82B
HXS:CA Global X S&P 500® Index Corpo.. 0.11 %

+0.92 (+1.30%)

 CAD 3.33B
VSP:CA Vanguard S&P 500 CAD hedged 0.09 %

+1.15 (+1.40%)

 CAD 2.98B
QUU:CA Mackenzie US Large Cap Equity .. 0.09 %

+2.55 (+1.28%)

 CAD 2.84B
XUU:CA iShares Core S&P US Total Mark.. 0.07 %

+0.61 (+1.19%)

 CAD 2.66B
XQQ:CA iShares NASDAQ 100 (CAD Hedged.. 0.39 %

+2.74 (+2.06%)

 CAD 2.54B

ETFs Containing ZUE:CA

N/A

Market Performance

  Market Performance vs. Industry/Classification (US Equity) Market Performance vs. Exchange (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 6.18% 43% F 62% D
Dividend Return 0.33% 44% F 11% F
Total Return 6.51% 45% F 62% D
Trailing 12 Months  
Capital Gain 23.32% 57% F 82% B
Dividend Return 1.15% 27% F 18% F
Total Return 24.48% 57% F 81% B-
Trailing 5 Years  
Capital Gain 61.56% 61% D- 78% C+
Dividend Return 5.79% 33% F 25% F
Total Return 67.35% 63% D 78% C+
Average Annual (5 Year Horizon)  
Capital Gain 11.12% 66% D+ 78% C+
Dividend Return 12.06% 66% D+ 77% C+
Total Return 0.94% 33% F 33% F
Risk Return Profile  
Volatility (Standard Deviation) 17.85% 17% F 48% F
Risk Adjusted Return 67.56% 50% F 90% A-
Market Capitalization 1.09B 83% B 79% B-

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:
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:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

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.

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.