Bmo Equal Weight Etf Performance
| ZUB Etf | CAD 35.47 0.58 1.66% |
The etf shows a Beta (market volatility) of 1.2, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, BMO Equal will likely underperform.
Risk-Adjusted Performance
12 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in BMO Equal Weight are ranked lower than 12 (%) of all global equities and portfolios over the last 90 days. In spite of very unfluctuating fundamental drivers, BMO Equal displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
| In Threey Sharp Ratio | -0.09 |
BMO |
BMO Equal Relative Risk vs. Return Landscape
If you would invest 2,957 in BMO Equal Weight on August 25, 2024 and sell it today you would earn a total of 590.00 from holding BMO Equal Weight or generate 19.95% return on investment over 90 days. BMO Equal Weight is generating 0.3019% of daily returns assuming 1.911% volatility of returns over the 90 days investment horizon. Simply put, 17% of all etfs have less volatile historical return distribution than BMO Equal, and 94% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
BMO Equal Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for BMO Equal's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as BMO Equal Weight, and traders can use it to determine the average amount a BMO Equal's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.158
| Best Portfolio | Best Equity | |||
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| Small Returns | ZUB | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.91 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.3 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average BMO Equal is performing at about 12% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of BMO Equal by adding it to a well-diversified portfolio.
BMO Equal Fundamentals Growth
BMO Etf prices reflect investors' perceptions of the future prospects and financial health of BMO Equal, and BMO Equal fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on BMO Etf performance.
| Total Asset | 451.49 M | |||
About BMO Equal Performance
By examining BMO Equal's fundamental ratios, stakeholders can obtain critical insights into BMO Equal's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that BMO Equal is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
The fund seeks to replicate, to the extent possible, the performance of the Solactive Equal Weight US Bank Index Canadian Dollar Hedged , net of expenses. BMO EQL is traded on Toronto Stock Exchange in Canada.| The fund keeps 99.45% of its net assets in stocks |
Other Information on Investing in BMO Etf
BMO Equal financial ratios help investors to determine whether BMO Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in BMO with respect to the benefits of owning BMO Equal security.