ducovest

XHD:CA:TSX-iShares U.S. High Dividend Equity Index ETF (CAD-Hedged) (CAD)

ETF | US Equity | Toronto Stock Exchange

Last Closing

CAD 34.46

Change

0.00 (0.00)%

Market Cap

CAD 0.22B

Volume

1.80K

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The iShares U.S. High Dividend Equity Index Fund (CAD-Hedged) seeks to provide long-term capital growth by replicating, to the extent possible, the performance of the Morningstar Dividend Yield Focus Index- CAD Hedged, net of expenses. The Morningstar Dividend Yield Focus Index - CAD-Hedged tracks high-yielding, dividend-paying, U.S.-based securities and is a focused benchmark comprising ?qualified income? paying securities screened for superior company quality and financial health, hedged to Canadian dollars. This Index is denominated in Canadian dollars and is hedged to mitigate the effects of currency.

Company Website : www.ishares.com

Currency: CAD

Country : Canada

Inception Date: 14/08/2012

Primary Benchmark: Morningstar US Div Yld Foc TR Hdg CAD

Primary Index: S&P 500 TR (Bank of Canada) CAD

Gross Expense Ratio: NA%

Management Expense Ratio: 0.33 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Symbol Company Name Allocation
WHD Cactus Inc 4.46 %
AKTS Akoustis Technologies Inc 4.20 %
Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-09-15 )

Largest Industry Peers for US Equity

Symbol Name Mer Price(Change) Market Cap
VFV:CA Vanguard S&P 500 Index ETF 0.08 %

+0.30 (+0.20%)

 CAD 18.40B
ZSP:CA BMO S&P 500 0.09 %

+0.20 (+0.22%)

 CAD 16.97B
XSP:CA iShares Core S&P 500 (CAD Hedg.. 0.11 %

+0.48 (+0.78%)

 CAD 11.11B
VUN:CA Vanguard US Total Market 0.16 %

+0.17 (+0.15%)

 CAD 10.08B
XUS:CA iShares Core S&P 500 Index ETF 0.11 %

+0.08 (+0.16%)

 CAD 7.80B
HXS:CA Global X S&P 500 Corporate Cla.. 0.11 %

+0.20 (+0.24%)

 CAD 4.30B
VSP:CA Vanguard S&P 500 CAD hedged 0.09 %

+0.69 (+0.72%)

 CAD 3.59B
QUU:CA Mackenzie US Large Cap Equity .. 0.09 %

+0.50 (+0.21%)

 CAD 3.37B
XUU:CA iShares Core S&P US Total Mark.. 0.07 %

+0.11 (+0.18%)

 CAD 3.20B
XQQ:CA iShares NASDAQ 100 (CAD Hedged.. 0.39 %

+0.83 (+1.59%)

 CAD 3.15B

ETFs Containing XHD:CA

N/A

Market Performance

  Market Performance vs. Industry/Classification (US Equity) Market Performance vs. Exchange (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 13.50% 19% F 64% D
Dividend Return 2.34% 91% A- 59% D-
Total Return 15.85% 31% F 66% D+
Trailing 12 Months  
Capital Gain 11.85% 10% F 49% F
Dividend Return 3.42% 92% A 59% D-
Total Return 15.27% 12% F 52% F
Trailing 5 Years  
Capital Gain 14.79% 11% F 49% F
Dividend Return 13.45% 85% B 58% F
Total Return 28.24% 7% C- 51% F
Average Annual (5 Year Horizon)  
Capital Gain 4.06% 5% F 53% F
Dividend Return 6.99% 7% C- 57% F
Total Return 2.92% 93% A 70% C-
Risk Return Profile  
Volatility (Standard Deviation) 10.80% 86% B+ 68% D+
Risk Adjusted Return 64.66% 17% F 81% B-
Market Capitalization 0.22B 35% F 45% 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:
Underpriced compared to earnings

The stock is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

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.

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.

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.