Horizons Equal Weight Canada Banks Index ETF (TSX:HEWB) - Stock Price, News & Analysis

HEWB Stock Overview

Horizons Equal Weight Canada Banks Index ETF is an exchange traded fund launched and managed by Horizons ETFs Management (Canada) Inc.

About the company

HEWB fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	0/6
Financial Health	0/6
Dividends	0/6

Horizons Equal Weight Canada Banks Index ETF Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Horizons Equal Weight Canada Banks Index ETF
Historical stock prices
Current Share Price	CA$32.02
52 Week High	CA$33.10
52 Week Low	CA$25.24
Beta	0
1 Month Change	-1.75%
3 Month Change	4.50%
1 Year Change	11.22%
3 Year Change	19.61%
5 Year Change	50.61%
Change since IPO	60.50%

Recent News & Updates

No updates

Recent updates

No updates

Shareholder Returns

	HEWB	CA Capital Markets	CA Market
7D	1.7%	-1.4%	-0.6%
1Y	11.2%	18.5%	3.9%

Return vs Industry: HEWB underperformed the Canadian Capital Markets industry which returned 18.5% over the past year.

Return vs Market: HEWB exceeded the Canadian Market which returned 3.9% over the past year.

Price Volatility

Is HEWB's price volatile compared to industry and market?
HEWB volatility
HEWB Average Weekly Movement	1.4%
Capital Markets Industry Average Movement	4.3%
Market Average Movement	9.1%
10% most volatile stocks in CA Market	18.3%
10% least volatile stocks in CA Market	3.1%

Stable Share Price: HEWB has not had significant price volatility in the past 3 months.

Volatility Over Time: HEWB's weekly volatility (1%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2019	n/a	n/a	www.horizonsetfs.com/etf/HEWB

Horizons Equal Weight Canada Banks Index ETF is an exchange traded fund launched and managed by Horizons ETFs Management (Canada) Inc. It invests in public equity markets of Canada. The fund invests directly and through derivatives in stocks of companies operating across financials, banks sectors. The fund uses derivatives such as swaps to create its portfolio.

Horizons Equal Weight Canada Banks Index ETF Fundamentals Summary

How do Horizons Equal Weight Canada Banks Index ETF's earnings and revenue compare to its market cap?
HEWB fundamental statistics
Market cap	CA$145.78m
Earnings (TTM)	CA$0
Revenue (TTM)	n/a

n/a

P/E Ratio

n/a

P/S Ratio

Is HEWB overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
HEWB income statement (TTM)
Revenue	CA$0
Cost of Revenue	CA$0
Gross Profit	CA$0
Other Expenses	CA$0
Earnings	CA$0

Last Reported Earnings

n/a

Next Earnings Date

n/a

Earnings per share (EPS)	0
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0.0%

How did HEWB perform over the long term?

See historical performance and comparison