MKC:CA:TSX-Mackenzie Maximum Diversification Canada Index ETF (CAD)

ETF | Canadian Equity | Toronto Stock Exchange

Last Closing Price

CAD 22.95

Change

-0.07 (-0.30)%

Market Cap

CAD 0.29B

Volume

3.40K

Average Target Price

N/A
Average Analyst Rating

N/A

STA Verdict

Verdict

About

Seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the TOBAM Maximum Diversification Canada Index, or any successor thereto. It invests primarily in Canadian equity securities.

Inception Date: 21/06/2016

Primary Benchmark: TOBAM Max Div Canada TR CAD

Primary Index: S&P/TSX Composite TR

Gross Expense Ratio: NA%

Management Expense Ratio: 0.67 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2019-03-18 )

Largest Industry Peers for Canadian Equity

Symbol Name Mer Price(Change) Market Cap
XIU:CA iShares S&P/TSX 60 Index ETF 0.17 %

+0.19 (+0.76%)

CAD 8.36B
XIC:CA iShares Core S&P/TSX Capped Co.. 0.06 %

+0.19 (+0.74%)

CAD 5.10B
ZCN:CA BMO S&P/TSX Capped Composite I.. 0.06 %

+0.14 (+0.64%)

CAD 4.12B
HXT:CA Horizons S&P/TSX 60 Index ETF 0.03 %

+0.18 (+0.52%)

CAD 1.89B
VCN:CA Vanguard FTSE Canada All Cap I.. 0.06 %

+0.21 (+0.64%)

CAD 1.84B
HXT.U:CA Horizons S&P/TSX 60 Index ETF 0.03 %

-0.06 (-0.23%)

CAD 1.41B
ZLB:CA BMO Low Volatility Canadian Eq.. 0.39 %

+0.06 (+0.19%)

CAD 1.28B
WXM:CA First Asset Morningstar Canada.. 0.67 %

+0.11 (+0.63%)

CAD 0.65B
VCE:CA Vanguard FTSE Canada Index ETF 0.06 %

+0.25 (+0.72%)

CAD 0.63B
TLV:CA Invesco S&P/TSX Composite Low .. 0.34 %

-0.04 (-0.14%)

CAD 0.36B

ETFs Containing MKC:CA

Symbol Name Weight Mer Price(Change) Market Cap

N/A

Market Performance

  Market Performance vs.
Industry/Classification (Canadian Equity)
Market Performance vs. Exchange (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 11.52% 37% F 70% C-
Dividend Return 0.55% 14% F 23% F
Total Return 12.07% 44% F 71% C-
Trailing 12 Months  
Capital Gain 2.18% 36% F 75% C
Dividend Return 1.74% 19% F 18% F
Total Return 3.93% 31% F 70% C-
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 1.28% 33% F 57% F
Dividend Return 2.17% 31% F 39% F
Total Return 0.89% 25% F 18% F
Risk Return Profile  
Volatility (Standard Deviation) 4.49% 79% C+ 81% B-
Risk Adjusted Return 48.36% 51% F 63% D
Market Capitalization 8.48M 77% C+ 71% C-
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-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

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.

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.

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.

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.