The RBC Canadian Bank Yield Index ETF seeks to replicate, to the extent possible and before fees and expenses, the performance of a portfolio of Canadian bank stocks. Currently, the RBC Canadian Bank Yield Index ETF seeks to track the Solactive Canada Bank Yield Index (or any successor thereto). The investment strategy of the RBC Canadian Bank Yield Index ETF is to invest in and hold the Constituent Securities of the Solactive Canada Bank Yield Index in substantially the same proportion as they are re?ected in the Solactive Canada Bank Yield Index.
|ZWB:CA||BMO Covered Call Canadian Bank..||0.72 %||
|ZEB:CA||BMO Equal Weight Banks Index E..||0.60 %||
|XFN:CA||iShares S&P/TSX Capped Fin..||0.61 %||
|ZBK:CA||BMO Equal Weight US Banks Inde..||0.38 %||
|FSF:CA||CI Global Financial Sector ETF||1.00 %||
|ZUB:CA||BMO Equal Weight US Banks Hedg..||0.38 %||
|CEW:CA||iShares Equal Weight Banc &..||0.61 %||
|CIC:CA||CI Canadian Banks Income Class..||0.80 %||
|ZWK:CA||BMO Covered Call US Banks ETF||0.71 %||
|FLI:CA||CI U.S. & Canada Lifeco In..||0.93 %||
|Market Performance vs.
Industry/Classification (Financial Services Equity)
|Market Performance vs. Exchange|
|Value||Sector Median||Percentile Rank||Grade||Market Median||Percentile Rank||Grade|
|Trailing 12 Months|
|Trailing 5 Years|
|Average Annual (5 Year Horizon)|
|Risk Return Profile|
|Volatility (Standard Deviation)||18.26%||68%||D+||52%||F|
|Risk Adjusted Return||15.02%||36%||F||27%||F|
|Letter Grade||Percentage||Letter Grade||Percentage||Letter Grade||Percentage|
|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.
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.
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.
The company has under performed its peers on annual average total returns in the past 5 years.
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.