Equity Screeners to view more equity screening toolsThe Macroaxis Fundamental Analysis lookup allows users to check a given indicator for any equity or select from a set of available indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations. Please check also
Holdings Turnover AnalysisHolding Turnover is calculated by adding up all the transactions for the year, dividing it by 2 and then dividing it again by the fund total holdings. Holding Turnover is the rate at which funds or ETFs replace their investment holdings on an annual basis. In other words it measures how quickly a fund turns over its holdings during the fiscal year.
About Holdings TurnoverInvestor can think of Holding Turnover as percentage of a fund's assets that have turned over in the past year. Typically, a high annual turnover ratio implies that fund managers made a lot of buying and selling. The higher the annual turnover, the higher the expense ratio for the fund.
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According to company disclosure Questrade Russell 1000 Equal Weight US Technology Index ETF Hedged to CAD has Holdings Turnover of 35.21%. This is 236.29% higher than that of the Questrade Wealth Management Inc. sector, and significantly higher than that of Holdings Turnover industry, The Holdings Turnover for all etfs is 206.44% lower than the firm.