BMO MSCI Canada Selection Equity Index ETF (ESGA.TO)

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BMO MSCI Canada Selection Equity Index ETF (ESGA.TO) is up 8.0% since the beginning of the year. ESGA.TO is currently trading at CA$56 per share. Investors who bought CA$1,000 worth of ESGA.TO shares 5 years ago would now be looking at an investment worth CA$1,794.

BMO MSCI Canada Selection Equity Index ETF (ESGA.TO) has returned 8.01% so far this year and 28.36% over the past 12 months.

Based on dividend-adjusted daily data since Jan 15, 2020, ESGA.TO's average daily return is +0.05%, while the average monthly return is +1.16%. At this rate, an investment would double in approximately 5.0 years.

Historically, 63% of months were positive and 37% were negative. The best month was Apr 2020 with a return of +16.8%, while the worst month was Mar 2020 at -18.1%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 3 months.

On a daily basis, ESGA.TO closed higher 48% of trading days. The best single day was Mar 27, 2020 with a return of +8.2%, while the worst single day was Mar 12, 2020 at -11.6%.

BMO MSCI Canada Selection Equity Index ETF has an annualized alpha of 7.86%, beta of 0.37, and R2 of 0.24 versus S&P 500 Index. Calculated based on daily prices since January 15, 2020.

• This ETF participated in 96.86% of S&P 500 Index downside but only 92.60% of its upside - more exposed to losses than it benefited from rallies.
• Beta of 0.37 may look defensive, but with R2 of 0.24 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
• R2 of 0.24 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

ESGA.TO ranks 75 for risk / return — better than 75% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.

BMO MSCI Canada Selection Equity Index ETF provided a 1.87% dividend yield over the last twelve months, with an annual payout of CA$1.04 per share.

The table displays the monthly dividend distributions for BMO MSCI Canada Selection Equity Index ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the BMO MSCI Canada Selection Equity Index ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the BMO MSCI Canada Selection Equity Index ETF was 32.68%, occurring on Mar 23, 2020. Recovery took 170 trading sessions.

The current BMO MSCI Canada Selection Equity Index ETF drawdown is 0.26%.

The chart below shows the rolling one-month volatility.