First Asset Morningstar Etf Performance

WXM Etf  CAD 46.53  0.08  0.17%   
The etf shows a Beta (market volatility) of 0.28, which means not very significant fluctuations relative to the market. As returns on the market increase, First Asset's returns are expected to increase less than the market. However, during the bear market, the loss of holding First Asset is expected to be smaller as well.

Risk-Adjusted Performance

Solid

 
Weak
 
Strong
Compared to the overall equity markets, risk-adjusted returns on investments in First Asset Morningstar are ranked lower than 20 (%) of all global equities and portfolios over the last 90 days. In spite of very unfluctuating primary indicators, First Asset displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
1
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First Asset Relative Risk vs. Return Landscape

If you would invest  4,033  in First Asset Morningstar on October 26, 2025 and sell it today you would earn a total of  620.00  from holding First Asset Morningstar or generate 15.37% return on investment over 90 days. First Asset Morningstar is generating 0.235% of daily returns assuming 0.9128% volatility of returns over the 90 days investment horizon. Simply put, 8% of all etfs have less volatile historical return distribution than First Asset, and 96% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days.
  Expected Return   
       Risk  
Assuming the 90 days trading horizon First Asset is expected to generate 1.24 times more return on investment than the market. However, the company is 1.24 times more volatile than its market benchmark. It trades about 0.26 of its potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly 0.08 per unit of risk. Below is the normalized historical share price chart for First Asset Morningstar extending back to February 15, 2012. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of First Asset stands at 46.53, as last reported on the 24th of January, with the highest price reaching 46.66 and the lowest price hitting 46.43 during the day.
3 y Volatility
9.94
200 Day MA
38.6411
1 y Volatility
8.69
50 Day MA
43.6354
Inception Date
2012-02-13
 
Yuan Drop
 
Covid

First Asset Fundamentals Growth

First Etf prices reflect investors' perceptions of the future prospects and financial health of First Asset, and First Asset fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on First Etf performance.

About First Asset Performance

By examining First Asset's fundamental ratios, stakeholders can obtain critical insights into First Asset's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that First Asset is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
The ETF has been designed to replicate, to the extent possible, the performance of the Morningstar Canada Target Momentum Index , net of expenses. CI FA is traded on Toronto Stock Exchange in Canada.
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The fund keeps 99.85% of its net assets in stocks

Other Information on Investing in First Etf

First Asset financial ratios help investors to determine whether First 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 First with respect to the benefits of owning First Asset security.