HAB:CA:TSX-Horizons Active Corporate Bond ETF (CAD)

ETF | Canadian Corporate Fixed Income | Toronto Stock Exchange

Last Closing

CAD 10

Change

+0.02 (+0.20)%

Market Cap

CAD 0.52B

Volume

7.90K

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The investment fund seeks to provide long-term moderate capital growth and to generate high income. The investment fund will invest primarily in a portfolio of debt securities of Canadian and U.S. companies, directly or through investments in other funds.

Inception Date: 14/07/2010

Primary Benchmark: ICE BofAML Canada Corporate

Primary Index: Citi Canadian GBI CAD

Gross Expense Ratio: NA%

Management Expense Ratio: 0.59 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-07-16 )

Largest Industry Peers for Canadian Corporate Fixed Income

Symbol Name Mer Price(Change) Market Cap
XCB:CA iShares Core Canadian Corporat.. 0.44 %

-0.03 (-0.15%)

CAD 1.68B
ZCM:CA BMO Mid Corporate Bond Index E.. 0.33 %

-0.04 (-0.26%)

CAD 1.41B
CACB:CA CIBC Active Investment Grade C.. 0.00 %

+0.06 (+0.30%)

CAD 1.09B
CBH:CA iShares 1-10Yr Laddered Corpor.. 0.28 %

-0.02 (-0.11%)

CAD 0.40B
VCB:CA Vanguard Canadian Corporate Bo.. 0.26 %

-0.03 (-0.13%)

CAD 0.35B
RQL:CA RBC Target 2024 Corporate Bond.. 0.29 %

+0.01 (+0.02%)

CAD 0.27B
XHB:CA iShares Canadian HYBrid Corpor.. 0.51 %

-0.05 (-0.26%)

CAD 0.19B
DXV:CA Dynamic Active Investment Grad.. 0.35 %

-0.03 (-0.13%)

CAD 0.16B
CXF:CA CI Canadian Convertible Bond E.. 0.73 %

-0.12 (-1.21%)

CAD 0.05B
ZCB:CA BMO Corporate Bond Index ETF 0.17 %

-0.10 (-0.21%)

CAD 0.03B

ETFs Containing HAB:CA

N/A

Market Performance

  Market Performance vs. Industry/Classification (Canadian Corporate Fixed Income) Market Performance vs. Exchange (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 1.01% 82% B 27% F
Dividend Return 1.57% 25% F 51% F
Total Return 2.58% 67% D+ 28% F
Trailing 12 Months  
Capital Gain 4.06% 83% B 37% F
Dividend Return 3.28% 33% F 62% D
Total Return 7.34% 67% D+ 40% F
Trailing 5 Years  
Capital Gain -9.17% 50% F 30% F
Dividend Return 12.77% 67% D+ 67% D+
Total Return 3.59% 50% F 33% F
Average Annual (5 Year Horizon)  
Capital Gain -2.88% 42% F 23% F
Dividend Return 0.02% 50% F 30% F
Total Return 2.90% 75% C 70% C-
Risk Return Profile  
Volatility (Standard Deviation) 6.06% 33% F 83% B
Risk Adjusted Return 0.36% 50% F 30% F
Market Capitalization 0.52B 67% D+ 55% 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:
Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

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.

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.