ZCB:CA:TSX-BMO Corporate Bond Index ETF (CAD)

ETF | Canadian Corporate Fixed Income |

Last Closing

CAD 45.56

Change

+0.12 (+0.26)%

Market Cap

CAD 0.03B

Volume

1.50K

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: 2024-07-03 )

Largest Industry Peers for Canadian Corporate Fixed Income

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

+0.13 (+0.67%)

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

+0.12 (+0.81%)

CAD 1.34B
CBH:CA iShares 1-10Yr Laddered Corpor..

+0.08 (+0.46%)

CAD 0.37B
HAB:CA Global X Active Corporate Bond..

+0.03 (+0.30%)

CAD 0.34B
VCB:CA Vanguard Canadian Corporate Bo..

+0.12 (+0.52%)

CAD 0.34B
RQL:CA RBC Target 2024 Corporate Bond..

N/A

CAD 0.30B
FIG:CA CI Investment Grade Bond ETF

+0.06 (+0.65%)

CAD 0.20B
XHB:CA iShares Canadian HYBrid Corpor..

+0.08 (+0.42%)

CAD 0.18B
DXV:CA Dynamic Active Investment Grad..

+0.06 (+0.28%)

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

+0.10 (+1.03%)

CAD 0.05B

ETFs Containing ZCB:CA

N/A

Market Performance

  Market Performance vs. Industry/Classification (Canadian Corporate Fixed Income) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -1.43% 17% F 23% F
Dividend Return 0.97% 8% B- 35% F
Total Return -0.45% 8% B- 22% F
Trailing 12 Months  
Capital Gain 2.50% 50% F 35% F
Dividend Return 1.01% 8% B- 24% F
Total Return 3.51% 17% F 31% F
Trailing 5 Years  
Capital Gain -11.36% 25% F 29% F
Dividend Return -2.92% 8% B- 1% F
Total Return -14.28% 8% B- 19% F
Average Annual (5 Year Horizon)  
Capital Gain -3.79% 17% F 18% F
Dividend Return -3.84% 8% B- 13% F
Total Return -0.05% 8% B- N/A F
Risk Return Profile  
Volatility (Standard Deviation) 4.97% 75% C 88% B+
Risk Adjusted Return -77.21% 8% B- 4% F
Market Capitalization 0.03B 17% F 19% 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:
Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

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.