HAB:CA:TSX-Horizons Active Corporate Bond ETF (CAD)

ETF | Canadian Corporate Fixed Income | Toronto Stock Exchange

Last Closing

CAD 9.99

Change

-0.01 (-0.10)%

Market Cap

CAD 0.52B

Volume

900.00

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The investment fund seeks to provide long-term moderate capital growth and to generate high income. The investment fund will invest primarily in a portfolio of debt securities of Canadian and U.S. companies, directly or through investments in other funds.

Inception Date: 14/07/2010

Primary Benchmark: ICE BofAML Canada Corporate

Primary Index: Citi Canadian GBI CAD

Gross Expense Ratio: NA%

Management Expense Ratio: 0.59 %

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: 2024-06-14 )

Largest Industry Peers for Canadian Corporate Fixed Income

Symbol Name Mer Price(Change) Market Cap
XCB:CA iShares Core Canadian Corporat.. 0.44 %

-0.03 (-0.13%)

CAD 1.60B
ZCM:CA BMO Mid Corporate Bond Index E.. 0.33 %

N/A

CAD 0.51B
CBH:CA iShares 1-10Yr Laddered Corpor.. 0.28 %

N/A

CAD 0.37B
VCB:CA Vanguard Canadian Corporate Bo.. 0.26 %

N/A

CAD 0.33B
RQL:CA RBC Target 2024 Corporate Bond.. 0.29 %

+0.01 (+0.05%)

CAD 0.32B
FIG:CA CI Investment Grade Bond ETF 0.78 %

-0.02 (-0.21%)

CAD 0.21B
XHB:CA iShares Canadian HYBrid Corpor.. 0.51 %

-0.01 (-0.05%)

CAD 0.19B
DXV:CA Dynamic Active Investment Grad.. 0.35 %

+0.02 (+0.10%)

CAD 0.15B
CXF:CA CI Canadian Convertible Bond E.. 0.73 %

+0.04 (+0.42%)

CAD 0.05B
ZCB:CA BMO Corporate Bond Index ETF 0.17 %

+0.19 (+0.41%)

CAD 0.03B

ETFs Containing HAB:CA

N/A

Market Performance

  Market Performance vs. Industry/Classification (Canadian Corporate Fixed Income) Market Performance vs. Exchange (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 0.91% 83% B 35% F
Dividend Return 1.25% 18% F 41% F
Total Return 2.16% 58% F 35% F
Trailing 12 Months  
Capital Gain 3.63% 75% C 44% F
Dividend Return 3.28% 27% F 56% F
Total Return 6.91% 58% F 47% F
Trailing 5 Years  
Capital Gain -8.85% 50% F 31% F
Dividend Return 12.79% 67% D+ 66% D+
Total Return 3.94% 58% F 34% F
Average Annual (5 Year Horizon)  
Capital Gain -2.89% 42% F 23% F
Dividend Return -0.03% 50% F 30% F
Total Return 2.86% 75% C 69% C-
Risk Return Profile  
Volatility (Standard Deviation) 6.01% 33% F 83% B
Risk Adjusted Return -0.53% 50% F 30% F
Market Capitalization 0.52B 75% C 56% F

Annual Financials (CAD)

Quarterly Financials (CAD)

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 total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

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.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

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.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.