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

ETF | Canadian Short Term Fixed Income |

Last Closing

CAD 97.14

Change

0.00 (0.00)%

Market Cap

CAD 0.04B

Volume

700.00

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: 2024-07-07 )

Largest Industry Peers for Canadian Short Term Fixed Income

Symbol Name Price(Change) Market Cap
ZST:CA BMO Ultra Short-Term Bond

N/A

CAD 2.85B
ZCS:CA BMO Short Corporate Bond Index..

-0.03 (-0.22%)

CAD 2.75B
XSB:CA iShares Canadian Short Term Bo..

-0.11 (-0.41%)

CAD 2.30B
XSH:CA iShares Core Canadian Short Te..

-0.06 (-0.32%)

CAD 1.35B
VSB:CA Vanguard Canadian Short Term B..

-0.08 (-0.34%)

CAD 1.09B
VSC:CA Vanguard Canadian Short-Term C..

-0.07 (-0.29%)

CAD 0.92B
XFR:CA iShares Floating Rate

+0.01 (+0.02%)

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

-0.06 (-0.33%)

CAD 0.70B
CLF:CA iShares 1-5 Year Laddered Gove..

-0.07 (-0.40%)

CAD 0.53B
PFL:CA Invesco 1-3 Year Laddered Floa..

+0.01 (+0.03%)

CAD 0.48B

ETFs Containing QSB:CA

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

N/A

CAD 5.19M

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 0.28% 61% D- 29% F
Dividend Return 0.96% 21% F 35% F
Total Return 1.24% 31% F 27% F
Trailing 12 Months  
Capital Gain 3.42% 66% D+ 37% F
Dividend Return 2.20% 31% F 45% F
Total Return 5.61% 55% F 36% F
Trailing 5 Years  
Capital Gain -3.93% 75% C 37% F
Dividend Return 6.22% 21% F 26% F
Total Return 2.30% 31% F 32% F
Average Annual (5 Year Horizon)  
Capital Gain -1.45% 62% D 31% F
Dividend Return -0.15% 31% F 28% F
Total Return 1.30% 17% F 44% F
Risk Return Profile  
Volatility (Standard Deviation) 3.03% 69% C- 94% A
Risk Adjusted Return -4.85% 31% F 27% F
Market Capitalization 0.04B 21% 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.