ZBK:CA:TSX-BMO Equal Weight US Banks Index ETF (CAD)

ETF | Financial Services Equity | TSX

Last Closing Price

CAD 31.49

Change

-0.46 (-1.44)%

Market Cap

CAD 0.83B

Volume

0.02M

Avg Analyst Target

N/A

Avg User Target

CAD
Average Analyst Rating

N/A

Fundamental Analysis

Verdict

About

BMO Equal Weight US Banks Index ETF seeks to replicate, to the extent possible, the performance of a U.S. large capitalization banks index representing U.S. banks included in a U.S. bank sector or subsector industry classification, net of expenses. Currently, the fund seeks to replicate the performance of the Solactive Equal Weight US Bank Index.

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 Financial Services Equity

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

-0.09 (-0.44%)

CAD2.22B
ZEB:CA BMO Equal Weight Banks Index E.. 0.60 %

-0.14 (-0.39%)

CAD2.09B
XFN:CA iShares S&P/TSX Capped Financi.. 0.61 %

-0.12 (-0.26%)

CAD1.53B
FSF:CA CI Global Financial Sector ETF 1.00 %

N/A

CAD0.82B
ZUB:CA BMO Equal Weight US Banks Hedg.. 0.38 %

-0.48 (-1.46%)

CAD0.54B
CEW:CA iShares Equal Weight Banc & Li.. 0.61 %

-0.12 (-0.78%)

CAD0.21B
CIC:CA CI Canadian Banks Income Class.. 0.80 %

-0.06 (-0.49%)

CAD0.20B
ZWK:CA BMO Covered Call US Banks ETF 0.71 %

-0.36 (-1.21%)

CAD0.18B
RBNK:CA RBC Canadian Bank Yield Index .. 0.32 %

-0.18 (-0.71%)

CAD0.17B
FLI:CA CI U.S. & Canada Lifeco Income.. 0.93 %

-0.12 (-1.21%)

CAD0.10B

ETFs Containing ZBK:CA

Symbol Name Weight Mer Price(Change) Market Cap
ZUB:CA BMO Equal Weight US Banks.. 0.00 % 0.38 %

-0.48 (-1.46%)

CAD0.54B

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 21.26% 77% C+ 75% C
Dividend Return 1.31% 35% F 50% F
Total Return 22.56% 82% B- 75% C
Trailing 12 Months  
Capital Gain 51.39% 77% C+ 76% C
Dividend Return 3.27% 37% F 57% F
Total Return 54.66% 86% B 77% C+
Trailing 5 Years  
Capital Gain 83.94% 100% A+ 81% B-
Dividend Return 11.04% 36% F 38% F
Total Return 94.98% 100% A+ 82% B-
Average Annual (5 Year Horizon)  
Capital Gain 7.61% 91% A- 63% D
Dividend Return 1.40% 35% F 36% F
Total Return 9.01% 91% A- 63% D
Risk Return Profile  
Volatility (Standard Deviation) 25.69% 36% F 41% F
Risk Adjusted Return 35.08% 73% C 45% F
Market Capitalization 0.83B 86% B 64% D
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:
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.

High dividend returns

The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.

What to not like:
High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Below median total returns

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