QSB:CA:TSX-Mackenzie Canadian Short-Term Bond Index ETF (CAD)

ETF | Canadian Short Term Fixed Income |

Last Closing

CAD 97.29

Change

0.00 (0.00)%

Market Cap

CAD 0.04B

Volume

300.00

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

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Relative Returns (From:    To: 2024-06-30 )

Largest Industry Peers for Canadian Short Term Fixed Income

Symbol Name Price(Change) Market Cap
ZCS:CA BMO Short Corporate Bond Index..

-0.02 (-0.15%)

CAD 2.49B
ZST:CA BMO Ultra Short-Term Bond

-0.01 (-0.02%)

CAD 2.12B
XSB:CA iShares Canadian Short Term Bo..

-0.06 (-0.21%)

CAD 2.00B
XSH:CA iShares Core Canadian Short Te..

-0.05 (-0.27%)

CAD 1.26B
VSB:CA Vanguard Canadian Short Term B..

-0.05 (-0.22%)

CAD 1.14B
VSC:CA Vanguard Canadian Short-Term C..

-0.10 (-0.43%)

CAD 0.91B
XFR:CA iShares Floating Rate

+0.01 (+0.05%)

CAD 0.76B
CBO:CA iShares 1-5 Year Laddered Corp..

-0.04 (-0.22%)

CAD 0.69B
PFL:CA Invesco 1-3 Year Laddered Floa..

-0.02 (-0.10%)

CAD 0.60B
CLF:CA iShares 1-5Yr Laddered Governm..

-0.04 (-0.24%)

CAD 0.49B

ETFs Containing QSB:CA

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

N/A

CAD 5.02M

Market Performance

  Market Performance vs. Industry/Classification (Canadian Short Term Fixed Income) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 0.43% 78% C+ 31% F
Dividend Return 0.72% 17% F 26% F
Total Return 1.15% 31% F 29% F
Trailing 12 Months  
Capital Gain 2.69% 55% F 37% F
Dividend Return 1.92% 24% F 41% F
Total Return 4.62% 38% F 35% F
Trailing 5 Years  
Capital Gain -4.06% 76% C+ 37% F
Dividend Return 5.97% 21% F 25% F
Total Return 1.91% 31% F 32% F
Average Annual (5 Year Horizon)  
Capital Gain -1.45% 62% D 31% F
Dividend Return -0.16% 31% F 29% F
Total Return 1.29% 17% F 44% F
Risk Return Profile  
Volatility (Standard Deviation) 3.02% 69% C- 94% A
Risk Adjusted Return -5.27% 31% F 27% F
Market Capitalization 0.04B 24% F 21% 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.