QUIG:CA:TSX-Mackenzie US Investment Grade Corporate Bond Index ETF (CAD-Hedged) (CAD)

ETF | Global Corporate Fixed Income |

Last Closing

CAD 85.84

Change

-0.02 (-0.02)%

Market Cap

CAD 0.54B

Volume

500.00

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: 2024-06-21 )

Largest Industry Peers for Global Corporate Fixed Income

Symbol Name Price(Change) Market Cap
ZIC:CA BMO Mid-Term US IG Corporate B..

+0.04 (+0.23%)

CAD 2.91B
ZMU:CA BMO Mid-Term US IG Corporate B..

+0.02 (+0.16%)

CAD 2.79B
XIG:CA iShares U.S. IG Corporate Bond..

-0.07 (-0.35%)

CAD 0.30B
RUSB:CA RBC Short Term U.S. Corporate ..

-0.21 (-1.00%)

CAD 0.25B
ZSU:CA BMO Short-Term US IG Corporate..

-0.01 (-0.08%)

CAD 0.15B
EARN:CA Evolve Active Global Fixed Inc..

N/A

CAD 0.02B
IGCF:CA PIMCO Investment Grade Credit ..

N/A

CAD 0.01B
TUSB:CA TD Select U.S. Short Term Corp..

N/A

CAD 7.68M

ETFs Containing QUIG:CA

N/A

Market Performance

  Market Performance vs. Industry/Classification (Global Corporate Fixed Income) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -1.94% 22% F 21% F
Dividend Return 0.97% 33% F 31% F
Total Return -0.97% 11% F 21% F
Trailing 12 Months  
Capital Gain 0.20% 22% F 27% F
Dividend Return 2.86% 44% F 49% F
Total Return 3.06% 22% F 29% F
Trailing 5 Years  
Capital Gain -15.46% 44% F 24% F
Dividend Return 9.15% 44% F 48% F
Total Return -6.32% 22% F 24% F
Average Annual (5 Year Horizon)  
Capital Gain -4.63% 44% F 15% F
Dividend Return -2.59% 22% F 18% F
Total Return 2.04% 44% F 56% F
Risk Return Profile  
Volatility (Standard Deviation) 7.24% 44% F 78% C+
Risk Adjusted Return -35.80% 22% F 14% F
Market Capitalization 0.54B 78% C+ 63% D

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:
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.

Below median total returns

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

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.