CEW.TO
iShares Equal Weight Banc & Lifeco ETF
Canadian
EQUITY
Active
MANAGEMENT STYLE
$ 383.0 M
ASSETS UNDER MGMT
55 bp
EXPENSES
Fund Basics
| Inception date | Feb 06, 2008 |
| Regulation | |
| Fund Website | link... |
| Distributions | |
| Currency | CAD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
| GREAT-WEST LIFECO INC | 10.6 % |
| INDUSTRIAL ALLIANCE INSURANC | 10.2 % |
| CAN IMPERIAL BK OF COMMERCE | 10.1 % |
| TORONTO-DOMINION BANK | 10.1 % |
| BANK OF NOVA SCOTIA | 10.0 % |
| ROYAL BANK OF CANADA | 9.9 % |
| SUN LIFE FINANCIAL INC | 9.9 % |
| NATIONAL BANK OF CANADA | 9.9 % |
| BANK OF MONTREAL | 9.7 % |
| MANULIFE FINANCIAL CORP | 9.5 % |
Constituent Breakdown
| Number of holdings | 13 |
| Herfindahl-Hirschman Index | 998 |
| Wgt avg mkt cap (mns) | $88,031 |
| Large cap (>$10bn) | 99.8% |
| Mid cap ($2-10bn) | 0.0% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 99.8% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
CANADA | 99.8 % |
Historical Performance
Standardized Performance (as of 05/31/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 14.3% | 39.8% | 34.2% | 26.0% | 13.6% | 11.1% | -- | 7.9% |
| Dividend Yield | 1.0% | 3.8% | 4.3% | 4.5% | 4.1% | 3.8% | -- | 3.6% |
| Total Returns | 15.3% | 43.6% | 38.5% | 30.5% | 17.6% | 14.9% | -- | 11.5% | Ann. Volatility | 14.1% | 11.4% | 12.3% | 12.3% | 13.5% | 17.0% | -- | 19.7% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.58 | 35% |
| MSCI EAFE | 0.45 | 35% |
| MSCI Emg Mkts | 0.26 | 19% |
Liquidity Measures
| Avg. volume (000) | 35 |
| ADV traded (mns) | $1 |
| Turnover | 0.3% |
| Avg. Bid/Ask (% of price) | 0.00% |
Technical Indicators
| 30d moving avg. (EMA) | $30.54 |
| Relative strength (RSI) | 66 |
| MACD/Signal | 0.58/0.59 |
| Bollinger Bands (Upper/Lower) | $32.00/$29.89 |
| Short interest (% of AUM) | 0.0% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. CEW.TO |
Expenses vs. CEW.TO |
ALTAR Score™ vs. CEW.TO |
|---|---|---|---|---|
| BNC.TO | Purpose Canadian Financial Income Fund | 89.0% | +12 bp | -0.3% |
| HFN.TO | HAMILTON CHAMPIONS TM Canadian Financials Index ETF | 78.9% | -55 bp | -6.5% |
| HMAX.TO | Hamilton Canadian Financials YIELD MAXIMIZER TM ETF | 65.1% | +10 bp | 0.0% |
| XFN.TO | iShares S&P/TSX Capped Financials Index ETF | 63.0% | +6 bp | +0.1% |
| HBNK.TO | Global X Equal Weight Canadian Banks Index ETF | 59.7% | -30 bp | -0.2% |
| HEB.TO | HAMILTON CHAMPIONS TM Canadian Bank Equal-Weight Index ETF | 59.7% | -30 bp | -0.2% |
| SIXY.TO | Evolve Big Six Canadian Banks UltraYield Index ETF | 59.7% | +5 bp | -0.5% |
| ZEB.TO | BMO Equal Weight Banks Index ETF | 59.7% | -30 bp | -0.1% |
| RBNK.TO | RBC Canadian Bank Yield Index ETF | 57.2% | -26 bp | -0.2% |
| TBNK.TO | TD Canadian Bank Dividend Index ETF | 53.8% | -30 bp | -0.3% |
Risk and Returns: CEW.TO vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates (CAD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 6/4/2026
Peer Group Comparison
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ETF Research Center Rating
6.5%
ALTAR SCORE™
66th
PERCENTILE
OVERWEIGHT
ETFRC RATING
There are 104 funds in the Canadian Equity category with an average
ALTAR Score™ of 5.9% and a standard deviation
of 1.4%. CEW.TO's ALTAR Score™ is approximately 0.4 standard
deviations above the category average. This places CEW.TO in the 66th percentile
among funds in the category.
Sell-Side Consensus
$32.46
PRICE TARGET
+2.8%
UPSIDE