CNDA:ARCA-IQ Canada Small Cap (USD)

ETF | Shell Companies | NYSE Arca

Last Closing

USD 10.59

Change

+0.01 (+0.09)%

Market Cap

USD 0.01B

Volume

1.01M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The investment seeks investment results that correspond generally to the price and yield performance of its underlying index, the IQ Canada Small Cap Index. The fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the investments included in its underlying index. The underlying index is a rules based, modified capitalization weighted, float adjusted index intended to give investors a means of tracking the overall performance of the small capitalization sector of publicly traded companies domiciled and primarily listed on an exchange in Canada. The fund is non-diversified.

Inception Date: 23/03/2010

Primary Benchmark: IQ Canada Small Cap TR USD

Primary Index: MSCI ACWI Ex USA NR USD

Gross Expense Ratio: 0.7%

Management Expense Ratio: 0.70 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-05-15 )

Largest Industry Peers for Shell Companies

Symbol Name Mer Price(Change) Market Cap
AACT Ares Acquisition Corporation I.. 0.00 %

N/A

USD 0.68B
HYAC Haymaker Acquisition Corp. 4 0.00 %

N/A

USD 0.32B
JWSM Jaws Mustang Acquisition Corp 0.00 %

-0.10 (-0.88%)

USD 0.31B
RRAC Rigel Resource Acquisition Cor.. 0.00 %

N/A

USD 0.17B
EVE EVe Mobility Acquisition Corp 0.00 %

-0.03 (-0.27%)

USD 0.16B
BFAC Battery Future Acquisition Cor.. 0.00 %

N/A

USD 0.15B
ATEK Athena Technology Acquisition .. 0.00 %

-0.49 (-4.02%)

USD 0.14B
MNTN Everest Consolidator Acquisiti.. 0.00 %

N/A

USD 0.13B
PHYT Pyrophyte Acquisition Corp 0.00 %

-0.05 (-0.43%)

USD 0.13B
RCFA RCF Acquisition Corp 0.00 %

N/A

USD 0.12B

ETFs Containing CNDA

SPAX Tidal ETF Trust - Robinso.. 2.84 % 0.00 %

-0.03 (-0.12%)

USD 8.10M

Market Performance

  Market Performance vs. Industry/Classification (Shell Companies) Market Performance vs. Exchange (NYSE Arca)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 2.02% 34% F 43% F
Dividend Return N/A N/A N/A N/A N/A
Total Return 2.02% 34% F 36% F
Trailing 12 Months  
Capital Gain 3.84% 21% F 38% F
Dividend Return N/A N/A N/A N/A N/A
Total Return 3.84% 21% F 27% F
Trailing 5 Years  
Capital Gain -38.48% 33% F 14% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -38.48% 33% F 11% F
Average Annual (5 Year Horizon)  
Capital Gain 2.77% 33% F 51% F
Dividend Return 2.77% 33% F 40% F
Total Return N/A N/A N/A N/A N/A
Risk Return Profile  
Volatility (Standard Deviation) 2.52% 92% A 98% N/A
Risk Adjusted Return 109.74% 82% B 99% N/A
Market Capitalization 0.01B 83% B 34% F

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Superior Earnings Growth

This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

What to not like:
Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Negative cashflow

The company had negative total cash flow in the most recent four quarters.

Negative free cash flow

The company had negative total free cash flow in the most recent four quarters.