ducovest

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

ETF | Canadian Corporate Fixed Income |

Last Closing

CAD 47.42

Change

+0.01 (+0.02)%

Market Cap

CAD 0.03B

Volume

2.52K

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Currency: CAD

Country : Canada

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

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Relative Returns (From:    To: 2024-09-12 )

Largest Industry Peers for Canadian Corporate Fixed Income

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

-0.05 (-0.22%)

 CAD 1.74B
CACB:CA CIBC Active Investment Grade C..

-0.02 (-0.10%)

 CAD 1.45B
ZCM:CA BMO Mid Corporate Bond Index E..

-0.01 (-0.06%)

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

-0.01 (-0.06%)

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

-0.03 (-0.12%)

 CAD 0.36B
HAB:CA Global X Active Corporate Bond..

+0.01 (+0.10%)

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

-0.02 (-0.10%)

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

-0.02 (-0.10%)

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

+0.06 (+0.60%)

 CAD 0.05B
FLCI:CA Franklin Bissett Corporate Bon..

-0.07 (-0.39%)

 CAD 0.02B

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 2.60% 58% F 29% F
Dividend Return 0.97% 25% F 31% F
Total Return 3.57% 25% F 28% F
Trailing 12 Months  
Capital Gain 7.14% 33% F 38% F
Dividend Return 1.02% 25% F 22% F
Total Return 8.16% 25% F 35% F
Trailing 5 Years  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Average Annual (5 Year Horizon)  
Capital Gain -3.61% 15% F 16% F
Dividend Return -3.56% 8% B- 12% F
Total Return 0.04% 8% B- 9% A-
Risk Return Profile  
Volatility (Standard Deviation) 5.33% 77% C+ 88% B+
Risk Adjusted Return -66.88% 8% B- 4% F
Market Capitalization 0.03B 18% F 18% 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.