(DRMC) Desjardins RI Canada - Ratings and Ratios

Desjardins RI Canada - Net-Zero Emissions Pathway ETF (DRMC) is a Canadian equity-focused exchange-traded fund listed on the Toronto Stock Exchange. The ETF is designed to align with Canadas commitment to achieving net-zero emissions by 2050, targeting companies that demonstrate progress in reducing their carbon footprint or contributing to the transition to a low-carbon economy. DRMC tracks the Morningstar Canada GR CAD Index, which evaluates firms based on environmental, social, and governance (ESG) criteria, emphasizing those with clear pathways to net-zero emissions. The fund invests in sectors such as renewable energy, clean technology, and sustainable infrastructure, while excluding companies with significant fossil fuel exposure or poor ESG practices.

Over the next three months, DRMC is expected to experience moderate volatility, with potential upside driven by increasing investor demand for ESG-compliant investments. The funds current price of $31.77 is slightly below its 20-day moving average of $32.68, suggesting short-term consolidation. However, the 50-day moving average of $32.50 and the 200-day moving average of $30.53 indicate a bullish trend. The Average True Range (ATR) of 0.34 reflects low volatility, suggesting stable price movements. With assets under management (AUM) of $47.96 million CAD, DRMC maintains a moderate scale, which may appeal to investors seeking exposure to Canadas net-zero transition without excessive market impact.