QHY:CA:TSX-Mackenzie US High Yield Bond Index ETF (CAD-Hedged) (CAD)

ETF | High Yield Fixed Income |

Last Closing

CAD 83.71

Change

-0.25 (-0.30)%

Market Cap

CAD 0.03B

Volume

100.00

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

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Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

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Relative Returns (From:    To: 2024-06-14 )

Largest Industry Peers for High Yield Fixed Income

Symbol Name Price(Change) Market Cap
ZJK:CA BMO High Yield US Corporate Bo..

+0.03 (+0.16%)

CAD 1.03B
ZHY:CA BMO High Yield US Corporate Bo..

-0.02 (-0.14%)

CAD 0.95B
MUB:CA Mackenzie Unconstrained Bond E..

-0.01 (-0.05%)

CAD 0.94B
ZEF:CA BMO Emerging Markets Bond (CAD..

N/A

CAD 0.61B
XHY:CA iShares U.S. High Yield Bond I..

+0.06 (+0.37%)

CAD 0.41B
CVD:CA iShares Convertible Bond Commo..

-0.16 (-0.96%)

CAD 0.09B
SYLD:CA Purpose Strategic Yield Fund E..

N/A

CAD 0.08B
DXO:CA Dynamic Active Crossover Bond ..

+0.04 (+0.21%)

CAD 0.06B
XSI:CA iShares Short Term Strategic F..

+0.08 (+0.47%)

CAD 0.04B
PBD:CA Purpose Total Return Bond

N/A

CAD 0.01B

ETFs Containing QHY:CA

MGAB:CA Mackenzie Global Fixed In.. 0.00 % 0.00 %

N/A

CAD 5.85M

Market Performance

  Market Performance vs. Industry/Classification (High Yield Fixed Income) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -2.25% 8% B- 19% F
Dividend Return 2.65% 100% F 75% C
Total Return 0.39% 17% F 25% F
Trailing 12 Months  
Capital Gain 2.37% 50% F 38% F
Dividend Return 5.17% 67% D+ 77% C+
Total Return 7.55% 42% F 49% F
Trailing 5 Years  
Capital Gain -13.25% 33% F 26% F
Dividend Return 12.45% 25% F 64% D
Total Return -0.81% 25% F 29% F
Average Annual (5 Year Horizon)  
Capital Gain -2.35% 75% C 26% F
Dividend Return 0.23% 42% F 33% F
Total Return 2.58% 25% F 65% D
Risk Return Profile  
Volatility (Standard Deviation) 7.28% 67% D+ 78% C+
Risk Adjusted Return 3.22% 42% F 32% F
Market Capitalization 0.03B 25% F 22% 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:

There is nothing we particularly like

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.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.