TSE:CEW

16.85
0.07 (0.44%) 1d
0

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Investor Insights

This summary was created by AI, based on 1 opinions in the last 12 months.

Experts believe that iShares Equal Weight Bank & Lifeco ETF (CEW-T) is a good option to play banks and life insurance companies due to its equal-weighting attribute. However, they also expect life insurance companies to underperform relative to banks. Overall, the ETF seems to be a promising opportunity for investors interested in this sector.

Consensus
Positive
Valuation
Fair Value
BUY

Good option to play banks and life insurance companies.
Likes equal weighting attribute of the business.
Life Co.'s relative to banks will under perform.
 

E.T.F.'s
BUY
Allan Tong’s Discover Picks

CEW stock trades on the TSX, though only at daily volumes of 5,700. It also charges a relatively high 0.61% for a passive fund, though pays a near-4% dividend yield. In the month of January, CEW stock has climbed nearly 8%. Not bad. Its beta sits at 1.01. Read 4 Insurance Stocks to Stay Safe in a Risky Market for our full analysis.

E.T.F.'s
BUY
Equal weight exposure to banks and life companies in Canada. Very good dividend payments. Limited amount of money requires broader exposure to markets. Good for 4-5% of portfolio. Is a good investment overall.
E.T.F.'s
DON'T BUY

It is a leftover from the Claymore days and has become an orphan. He would prefer the HEF-T financial ETF with covered calls on the financials. It has enhanced income.

E.T.F.'s
COMMENT

Doesn’t know this one very well. The fundamentals have been very good with rates rising and the economy being strong for banks and insurance companies. If you are a person that invests in sectors, this is probably a good sector to be in right now.

E.T.F.'s
COMMENT

Canadian Banks? Has been tempering his love of the Canadian banks through this ETF which holds lifecos as well. Canadian banks have been down this year, but they have great yields on them and are great at cost cutting.

E.T.F.'s
DON'T BUY

Rising interest rates are far better for insurance companies than banks. Banks are impacted by the steepness of the yield curve. He likes this ETF, but the reason for buying it does not exist right now.

E.T.F.'s
COMMENT

Thinks Canada may get on the path of lowering short-term interest rates and you’ll see the long-term rates come down based on the sluggish expectations of the Canadian economy. This ETF is basically a basket of Canadian banks and insurance companies. You are paying about 60 basis points for this one. It gives you a pretty broad base. Long-term he thinks you will do well.

E.T.F.'s
COMMENT

This gives you banks and lifecos. He tends to prefer the bank only, simply because we saw what happened to the lifecos during the recession and they hadn't hedged their positions. He still has a bit of a bias about that. You could take a look at these and be pretty confident. He would prefer iShares TSX 60 ETF (XIU-T) as they have the banks and lifecos already included.

E.T.F.'s
BUY

There are lots of positive things in the bank space. This one traded sideways as we went through a couple of issues with respect to regulatory cash levels in Basil 3 on the banks side. Also, you have issues with the yield curve with the lifecos. During that period, this moves sideways and he feels it is now going to move upwards because of a rising interest rate environment. A yield curve change is good for lifecos. There is not a major catalyst for this to move higher any time soon, but there is nothing to make him worry about it going lower.

E.T.F.'s
BUY

Likes this. He is very positive on financials for the next year. Canadian banks and the lifecos and both will benefit from higher interest rates. Very good ETF.

E.T.F.'s
BUY

(Market Call Minute.) A 5% position in this would not be unreasonable.

E.T.F.'s
COMMENT
Are there real advantages to owning over TD and Great West individual stocks? Low trading volume concerns him. If you charted these 3 stocks since the inception of the ETF, you would find that TD outperformed ETF and ETF outperformed Great West. The 2 equity positions have a better yield and do not have the MER. Pretty much a tossup.
E.T.F.'s
BUY
Low trading volume. It comes down to trading costs. If big enough then go for direct stocks or if you are holding for a long time. ZEB-T is only the 6 main banks here in Canada. CEW hold 5 more. If you old the TSX-60 then you may be doubling up on some without knowing it.
E.T.F.'s
COMMENT
Equal Weight Bank & Lifeco ETF. Doesn't like to hold life insurance companies right now.
E.T.F.'s
Showing 1 to 15 of 20 entries

iShares Equal Weight Bank & Lifeco ETF(CEW-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 1

Stockchase rating for iShares Equal Weight Bank & Lifeco ETF is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

iShares Equal Weight Bank & Lifeco ETF(CEW-T) Frequently Asked Questions

What is iShares Equal Weight Bank & Lifeco ETF stock symbol?

iShares Equal Weight Bank & Lifeco ETF is a Canadian stock, trading under the symbol CEW-T on the Toronto Stock Exchange (CEW-CT). It is usually referred to as TSX:CEW or CEW-T

Is iShares Equal Weight Bank & Lifeco ETF a buy or a sell?

In the last year, 1 stock analyst published opinions about CEW-T. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for iShares Equal Weight Bank & Lifeco ETF.

Is iShares Equal Weight Bank & Lifeco ETF a good investment or a top pick?

iShares Equal Weight Bank & Lifeco ETF was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for iShares Equal Weight Bank & Lifeco ETF.

Why is iShares Equal Weight Bank & Lifeco ETF stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is iShares Equal Weight Bank & Lifeco ETF worth watching?

1 stock analyst on Stockchase covered iShares Equal Weight Bank & Lifeco ETF In the last year. It is a trending stock that is worth watching.

What is iShares Equal Weight Bank & Lifeco ETF stock price?

On 2024-02-23, iShares Equal Weight Bank & Lifeco ETF (CEW-T) stock closed at a price of $16.845.