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

ETF | Canadian Short Term Fixed Income |

Last Closing

CAD 13.87

Change

0.00 (0.00)%

Market Cap

CAD 2.86B

Volume

0.01M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The BMO Short Corporate Bond Index ETF has been designed to replicate, to the extent possible, the performance of the FTSE TMX Canada Short Term Corporate Bond Index, net of expenses. BMO Short Corporate Bond ETF invests in a variety of debt securities primarily with a term to maturity between one and five years. Securities held in the Index are generally corporate bonds issued domestically in Canada in Canadian dollars, with an investment grade rating.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

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Relative Returns (From:    To: 2024-09-18 )

Largest Industry Peers for Canadian Short Term Fixed Income

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

+0.01 (+0.02%)

CAD 2.74B
XSB:CA iShares Canadian Short Term Bo..

N/A

CAD 2.29B
XSH:CA iShares Core Canadian Short Te..

-0.01 (-0.03%)

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

N/A

CAD 1.21B
VSC:CA Vanguard Canadian Short-Term C..

N/A

CAD 0.91B
XFR:CA iShares Floating Rate

N/A

CAD 0.77B
CBO:CA iShares 1-5 Year Laddered Corp..

+0.02 (+0.08%)

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

-0.01 (-0.06%)

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

+0.01 (+0.05%)

CAD 0.48B
ZFS:CA BMO Short Federal Bond

+0.01 (+0.04%)

CAD 0.41B

ETFs Containing ZCS:CA

ZAG:CA BMO Aggregate Bond 0.00 % 0.09 %

-0.03 (-0.21%)

CAD 10.21B

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 3.35% 93% A 31% F
Dividend Return 2.27% 62% D 57% F
Total Return 5.62% 100% F 34% F
Trailing 12 Months  
Capital Gain 7.44% 93% A 34% F
Dividend Return 3.53% 62% D 60% D-
Total Return 10.97% 97% N/A 39% F
Trailing 5 Years  
Capital Gain -2.39% 53% F 35% F
Dividend Return 12.18% 83% B 52% F
Total Return 9.79% 83% B 36% F
Average Annual (5 Year Horizon)  
Capital Gain -1.45% 50% F 28% F
Dividend Return 1.14% 73% C 33% F
Total Return 2.59% 90% A- 65% D
Risk Return Profile  
Volatility (Standard Deviation) 4.49% 13% F 91% A-
Risk Adjusted Return 25.28% 77% C+ 46% F
Market Capitalization 2.86B 100% F 80% B-

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 risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

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.

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:
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.