CACB:CA:TSX-CIBC Active Investment Grade Corporate Bond ETF (CAD)

ETF | Canadian Corporate Fixed Income |

Last Closing

CAD 19.98

Change

+0.06 (+0.30)%

Market Cap

CAD 1.09B

Volume

9.00K

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: 2024-08-28 )

Largest Industry Peers for Canadian Corporate Fixed Income

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

+0.04 (+0.20%)

CAD 1.74B
ZCM:CA BMO Mid Corporate Bond Index E..

N/A

CAD 1.41B
CBH:CA iShares 1-10Yr Laddered Corpor..

+0.01 (+0.06%)

CAD 0.40B
HAB:CA Global X Active Corporate Bond..

+0.05 (+0.49%)

CAD 0.36B
VCB:CA Vanguard Canadian Corporate Bo..

N/A

CAD 0.36B
XHB:CA iShares Canadian HYBrid Corpor..

+0.03 (+0.15%)

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

+0.02 (+0.10%)

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

+0.03 (+0.30%)

CAD 0.05B
ZCB:CA BMO Corporate Bond Index ETF

+0.14 (+0.30%)

CAD 0.03B
FLCI:CA Franklin Bissett Corporate Bon..

-0.05 (-0.28%)

CAD 0.02B

ETFs Containing CACB: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 1.73% 62% D 26% F
Dividend Return 0.72% 15% F 23% F
Total Return 2.45% 23% F 24% F
Trailing 12 Months  
Capital Gain 6.16% 69% C- 38% F
Dividend Return 0.75% 15% F 17% F
Total Return 6.91% 38% F 34% F
Trailing 5 Years  
Capital Gain -6.55% 75% C 29% F
Dividend Return 5.06% 17% F 15% F
Total Return -1.49% 25% F 27% F
Average Annual (5 Year Horizon)  
Capital Gain -2.46% 54% F 23% F
Dividend Return -1.34% 23% F 21% F
Total Return 1.12% 15% F 38% F
Risk Return Profile  
Volatility (Standard Deviation) 5.83% 54% F 85% B
Risk Adjusted Return -23.01% 23% F 17% F
Market Capitalization 1.09B 83% B 70% C-

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.