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

ETF | Global Corporate Fixed Income |

Last Closing

CAD 85.68

Change

-0.26 (-0.30)%

Market Cap

CAD 0.54B

Volume

N/A

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: 2024-06-27 )

ETFs Containing QUIG:CA

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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 -2.12% 33% F 20% F
Dividend Return 0.97% 33% F 34% F
Total Return -1.15% 11% F 20% F
Trailing 12 Months  
Capital Gain 0.01% 25% F 26% F
Dividend Return 2.86% 44% F 55% F
Total Return 2.88% 22% F 28% F
Trailing 5 Years  
Capital Gain -16.07% 44% F 23% F
Dividend Return 9.10% 44% F 47% F
Total Return -6.97% 22% F 23% 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.