RBNK:CA:TSX-RBC Canadian Bank Yield Index ETF (CAD)

ETF | Financial Services Equity | TSX

Last Closing Price

CAD 25.07

Change

0.00 (0.00)%

Market Cap

CAD 0.15B

Volume

0.01M

Average Target Price

N/A
Average Analyst Rating

N/A

Fundamental Analysis

Verdict

About

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.

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
CIC:CA CI Canadian Banks Income Class.. 0.80 %

N/A

CAD0.19B
ZWK:CA BMO Covered Call US Banks ETF 0.71 %

N/A

CAD0.16B
FLI:CA CI U.S. & Canada Lifeco In.. 0.93 %

N/A

CAD0.10B

ETFs Containing RBNK: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 24.60% 91% A- 78% C+
Dividend Return 1.42% 38% F 61% D-
Total Return 26.02% 91% A- 79% C+
Trailing 12 Months  
Capital Gain 48.34% 82% B- 70% C-
Dividend Return 4.66% 63% D 72% C-
Total Return 53.00% 86% B 71% 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 0.64% 45% F 31% F
Dividend Return 2.11% 50% F 56% F
Total Return 2.74% 36% F 33% F
Risk Return Profile  
Volatility (Standard Deviation) 18.26% 68% D+ 52% F
Risk Adjusted Return 15.02% 36% F 27% F
Market Capitalization 0.15B 59% F 38% 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:
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.

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.