ZIN:CA:TSX-BMO Equal Weight Industrials Index ETF (CAD)

ETF | Sector Equity | TSX

Last Closing Price

CAD 34.58

Change

-0.01 (-0.03)%

Market Cap

CAD 0.05B

Volume

2.72K

Average Target Price

N/A
Average Analyst Rating

N/A

Fundamental Analysis

Verdict

About

BMO Equal Weight Industrials Index ETF seeks to replicate, to the extent possible, the performance of an equal weight diversified Canadian industrial companies index, net of expenses. Currently, BMO Equal Weight Industrials Index ETF seeks to replicate the performance of the Solactive Equal Weight Canada Industrials Index.

Company Website : http://www.bmo.com/gam/ca

Currency: CAD

Country : Canada

Inception Date: 14/11/2012

Primary Benchmark: Solactive EW CAN Industrials TR CAD

Primary Index: CIBC WM 91 Day Treasury Bill CAD

Management Expense Ratio: 0.55 %

Technical Indicators

Beta : 1.69

52 Week High : 34.75

Short Ratio : 0.05

52 Week Low : 20.55

Shorted Shares : 668

200 Day Moving Average : 30.48

50 Day Moving Average : 33.88

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Symbol Company Name Allocation
MAXR:CA Maxar Technologies Inc 5.10 %
BLDP:CA Ballard Power Systems Inc 4.95 %
CAE:CA CAE Inc 4.32 %
FTT:CA Finning International Inc 4.28 %
NFI:CA NFI Group Inc 4.27 %
ATA:CA ATS Automation Tooling Systems Inc 4.00 %
TFII:CA TFI International Inc 3.91 %
GFL:CA GFL Environmental Inc 3.68 %
AC:CA Air Canada 3.58 %
BBD-A:CA Bombardier Inc 3.50 %
Top Sectors

N/A

Top Regions

N/A

Valuation Growth & Performance

Category Benchmark : Morningstar Gbl Mkts GR CAD

Sustainability Ratio : 3

3 Year Volatility : 25.98

3 Year Expected Return : 14.52

3 Year Sharpe Ratio : 0.47

YTD Return : 13.99%

3 Year Returns : 11.67%

5 Year Returns : 15.61%

10 Year Returns : 0.00%

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2021-04-09 )

Largest Industry Peers for Sector Equity

Symbol Name Mer Price(Change) Market Cap
TEC:CA TD Global Technology Leaders I.. 0.35 %

+0.18 (+0.69%)

 CAD1.47B
ZWU:CA BMO Covered Call Utilities ETF 0.65 %

-0.03 (-0.23%)

 CAD1.07B
HMMJ:CA Horizons Marijuana Life Scienc.. 0.75 %

-0.03 (-0.26%)

 CAD0.61B
ZUH:CA BMO Equal Weight US Health Car.. 0.35 %

+0.58 (+0.78%)

 CAD0.52B
XIT:CA iShares S&P/TSX Capped Inf.. 0.55 %

+0.13 (+0.27%)

 CAD0.49B
XHC:CA iShares Global Healthcare Inde.. 0.63 %

+0.65 (+1.10%)

 CAD0.44B
ZUT:CA BMO Equal Weight Utilities Ind.. 0.55 %

+0.09 (+0.36%)

 CAD0.44B
TXF:CA CI First Asset Tech Giants Cov.. 0.65 %

+0.08 (+0.38%)

 CAD0.38B
HHL:CA Harvest Healthcare Leaders Inc.. 0.85 %

+0.06 (+0.76%)

 CAD0.33B
CWW:CA iShares Global Water Index ETF.. 0.60 %

+0.11 (+0.23%)

 CAD0.27B

ETFs Containing ZIN:CA

Symbol Name Weight Mer Price(Change) Market Cap

N/A

Market Performance

  Market Performance vs.
Industry/Classification (Sector Equity)		 Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 13.41% 85% B 69% D+
Dividend Return 0.52% 42% F 34% F
Total Return 13.94% 85% B 69% D+
Trailing 12 Months  
Capital Gain 62.42% 66% D 72% C-
Dividend Return 3.01% 58% F 53% F
Total Return 65.43% 68% D+ 72% C-
Trailing 5 Years  
Capital Gain 87.22% 75% C 78% C+
Dividend Return 9.88% 64% D 29% F
Total Return 97.10% 75% C 79% C+
Average Annual (5 Year Horizon)  
Capital Gain 6.85% 44% F 72% C-
Dividend Return 1.29% 61% D- 36% F
Total Return 8.14% 41% F 71% C-
Risk Return Profile  
Volatility (Standard Deviation) 15.99% 32% F 51% F
Risk Adjusted Return 50.94% 34% F 68% D+
Market Capitalization 0.05B 41% F 22% 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 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:
Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.

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.

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 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.