CMCE:CA:TSX-CIBC Multifactor Canadian Equity ETF (CAD)

ETF | Canadian Equity | TSX

Last Closing Price

CAD 21.87

Change

+0.19 (+0.88)%

Market Cap

CAD 0.38B

Volume

200.00

Avg Analyst Target

N/A

Avg User Target

CAD
Average Analyst Rating

N/A

Fundamental Analysis

Verdict

About

CIBC Multifactor Canadian Equity ETF seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the CIBC Multifactor Canadian Equity Index, or any successor thereto. Under normal market conditions, CIBC Multifactor Canadian Equity ETF will invest primarily in an equally weighted portfolio of Canadian equity securities that exhibit certain factor considerations related to value, momentum, low volatility and quality.

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Top Sectors

N/A

Top Regions

N/A

Valuation Growth & Performance

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2021-07-22 )

Largest Industry Peers for Canadian Equity

Symbol Name Mer Price(Change) Market Cap
XIU:CA iShares S&P/TSX 60 Index E.. 0.18 %

+0.01 (+0.03%)

CAD10.73B
XIC:CA iShares Core S&P/TSX Capped Co.. 0.06 %

-0.02 (-0.06%)

CAD8.77B
ZCN:CA BMO S&P/TSX Capped Composite I.. 0.06 %

-0.01 (-0.02%)

CAD6.61B
VCN:CA Vanguard FTSE Canada All Cap I.. 0.05 %

-0.01 (-0.02%)

CAD3.99B
ZLB:CA BMO Low Volatility Canadian Eq.. 0.39 %

-0.02 (-0.05%)

CAD2.80B
HXT:CA Horizons S&P/TSX 60 Index ETF 0.03 %

+0.01 (+0.02%)

CAD2.68B
TTP:CA TD Canadian Equity Index ETF 0.05 %

+0.01 (+0.04%)

CAD1.50B
VCE:CA Vanguard FTSE Canada Index ETF 0.05 %

+0.01 (+0.02%)

CAD1.06B
WXM:CA CI Morningstar Canada Momentum.. 0.66 %

+0.03 (+0.13%)

CAD0.78B
MKC:CA Mackenzie Maximum Diversificat.. 0.50 %

-0.06 (-0.20%)

CAD0.54B

ETFs Containing CMCE:CA

Symbol Name Weight Mer Price(Change) Market Cap

N/A

Market Performance

  Market Performance vs.
Industry/Classification (Canadian Equity)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 5.50% 3% F 37% F
Dividend Return 0.80% 29% F 28% F
Total Return 6.30% 3% F 37% F
Trailing 12 Months  
Capital Gain 2.24% 3% F 22% F
Dividend Return 1.22% 6% F 14% F
Total Return 3.46% 3% F 22% F
Trailing 5 Years  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Average Annual (5 Year Horizon)  
Capital Gain -0.44% 8% F 22% F
Dividend Return 0.48% 11% F 12% F
Total Return 0.04% 3% F 17% F
Risk Return Profile  
Volatility (Standard Deviation) 8.47% 100% A+ 81% B-
Risk Adjusted Return 0.50% 3% F 17% F
Market Capitalization 0.38B 72% C- 52% 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

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User / Independent Analyst Ratings

User Name Target Rating Target Horizon (Months) Target Price User Analysis Date Comment

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.

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.

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.

Positive cash flow

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

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.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

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.