CIC:CA:TSX-CI Canadian Banks Income Class ETF (CAD)

ETF | Financial Services Equity | TSX

Last Closing Price

CAD 12.54

Change

0.00 (0.00)%

Market Cap

CAD 0.19B

Volume

0.04M

Average Target Price

N/A
Average Analyst Rating

N/A

Fundamental Analysis

Verdict

About

CIC?s investment objective is to provide Shareholders with (i) quarterly distributions; (ii) the opportunity for capital appreciation; and (iii) lower overall volatility of portfolio returns than would be experienced by owning a portfolio of common shares of the Bank of Montreal, Canadian Imperial Bank of Commerce, National Bank of Canada, Royal Bank of Canada, The Bank of Nova Scotia and The Toronto-Dominion Bank (collectively, the ?Banks?) directly.

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Sectors

N/A

Top Regions

N/A

Valuation Growth & Performance

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2021-06-20 )

Largest Industry Peers for Financial Services Equity

Symbol Name Mer Price(Change) Market Cap
ZWB:CA BMO Covered Call Canadian Bank.. 0.72 %

N/A

CAD2.19B
ZEB:CA BMO Equal Weight Banks Index E.. 0.60 %

N/A

CAD1.93B
XFN:CA iShares S&P/TSX Capped Fin.. 0.61 %

N/A

CAD1.58B
ZBK:CA BMO Equal Weight US Banks Inde.. 0.38 %

N/A

CAD0.84B
FSF:CA CI Global Financial Sector ETF 1.00 %

N/A

CAD0.81B
ZUB:CA BMO Equal Weight US Banks Hedg.. 0.38 %

N/A

CAD0.62B
CEW:CA iShares Equal Weight Banc &.. 0.61 %

N/A

CAD0.21B
ZWK:CA BMO Covered Call US Banks ETF 0.71 %

N/A

CAD0.16B
RBNK:CA RBC Canadian Bank Yield Index .. 0.32 %

N/A

CAD0.15B
FLI:CA CI U.S. & Canada Lifeco In.. 0.93 %

N/A

CAD0.10B

ETFs Containing CIC:CA

Symbol Name Weight Mer Price(Change) Market Cap

N/A

Market Performance

  Market Performance vs.
Industry/Classification (Financial Services Equity)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 20.81% 82% B- 74% C
Dividend Return 1.74% 69% D+ 68% D+
Total Return 22.55% 86% B 75% C
Trailing 12 Months  
Capital Gain 32.84% 32% F 58% F
Dividend Return 7.06% 79% C+ 90% A-
Total Return 39.90% 36% F 63% D
Trailing 5 Years  
Capital Gain 18.30% 31% F 46% F
Dividend Return 29.45% 90% A- 90% A-
Total Return 47.75% 31% F 59% F
Average Annual (5 Year Horizon)  
Capital Gain -0.93% 32% F 21% F
Dividend Return 5.22% 95% A 92% A-
Total Return 4.28% 50% F 43% F
Risk Return Profile  
Volatility (Standard Deviation) 15.87% 91% A- 58% F
Risk Adjusted Return 26.95% 55% F 39% F
Market Capitalization 0.19B 68% D+ 41% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (CAD)

Quarterly Financials (CAD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

Fundamental Analysis Breakdown

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:
Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

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.

What to not like:
Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

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.