IShares Equal Ownership
| CEW Etf | CAD 20.41 0.03 0.15% |
IShares |
IShares Etf Ownership Analysis
The fund generated five year return of 23.0%. iShares Equal Weight has Annual Holdings Turnover of about 9.76% . This fund holds 99.4% of assets under management (AUM) in equities. IShares Equal last dividend was 0.038 per share. The investment seeks to provide investors with a diversified equal weighted investment in a portfolio consisting of common shares of the largest Canadian banks and life insurance companies. ISHARES EQUAL is traded on Toronto Stock Exchange in Canada. For more info on iShares Equal Weight please contact the company at 866-417-4640.Top Etf Constituents
| BMO | Bank of Montreal | Stock | |
| BNS | Bank of Nova | Stock | |
| CM | Canadian Imperial Bank | Stock | |
| GWO | Great West Lifeco | Stock | |
| IAG | iA Financial | Stock | |
| MFC | Manulife Financial Corp | Stock | |
| NA | National Bank of | Stock | |
| RY | Royal Bank of | Stock | |
| SLF | Sun Life Financial | Stock | |
| TD | Toronto Dominion Bank | Stock |
IShares Equal Outstanding Bonds
IShares Equal issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. iShares Equal Weight uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most IShares bonds can be classified according to their maturity, which is the date when iShares Equal Weight has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Dana 575 percent Corp BondUS235822AB96 | View | |
| Morgan Stanley 3971 Corp BondUS61744YAL20 | View | |
| AerCap Global Aviation Corp BondUS00773HAA59 | View |
Pair Trading with IShares Equal
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if IShares Equal position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in IShares Equal will appreciate offsetting losses from the drop in the long position's value.Moving together with IShares Etf
| 0.9 | ZEB | BMO SPTSX Equal | PairCorr |
| 0.95 | XFN | iShares SPTSX Capped | PairCorr |
| 0.83 | ZBK | BMO Equal Weight | PairCorr |
| 0.8 | HCA | Hamilton Canadian Bank | PairCorr |
| 0.81 | ZUB | BMO Equal Weight | PairCorr |
The ability to find closely correlated positions to IShares Equal could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace IShares Equal when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back IShares Equal - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling iShares Equal Weight to buy it.
The correlation of IShares Equal is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as IShares Equal moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if iShares Equal Weight moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for IShares Equal can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in IShares Etf
IShares Equal financial ratios help investors to determine whether IShares 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 IShares with respect to the benefits of owning IShares Equal security.