ducovest

XHY:CA:TSX-iShares U.S. High Yield Bond Index ETF (CAD-Hedged) (CAD)

ETF | High Yield Fixed Income | Toronto Stock Exchange

Last Closing

CAD 16.97

Change

+0.01 (+0.06)%

Market Cap

CAD 0.56B

Volume

0.02M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

"The investment seeks to replicate, net of expenses, the Markit iBoxx USD Liquid High Yield Index. The fund will invest primarily in the shares of a U.S. iShares fund that seeks to replicate the index and to hedge any resulting U.S. dollar currency exposure back to Canadian dollars. It intends to invest in the shares of the iShares iBoxx $ High Yield Corporate Bond Fund. The fund will utilize currency forwards and other derivative instruments to employ the currency hedging strategy."

Company Website : www.ishares.com

Currency: CAD

Country : Canada

Inception Date: 21/01/2010

Primary Benchmark: Markit iBoxx Liquid HY TR CAD-Hdg

Primary Index: Barclays Global High Yield TR CAD

Gross Expense Ratio: NA%

Management Expense Ratio: 0.67 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Symbol Company Name Allocation
TMUS T-Mobile US Inc 0.41 %
Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-09-19 )

Largest Industry Peers for High Yield Fixed Income

Symbol Name Mer Price(Change) Market Cap
ZJK:CA BMO High Yield US Corporate Bo.. 0.58 %

N/A

 CAD 1.06B
ZHY:CA BMO High Yield US Corporate Bo.. 0.60 %

N/A

 CAD 0.97B
ZEF:CA BMO Emerging Markets Bond (CAD.. 0.55 %

N/A

 CAD 0.62B
CVD:CA iShares Convertible Bond Commo.. 0.50 %

N/A

 CAD 0.10B
SYLD:CA Purpose Strategic Yield Fund E.. 1.22 %

N/A

 CAD 0.09B
XSI:CA iShares Short Term Strategic F.. 0.56 %

N/A

 CAD 0.05B
QHY:CA Mackenzie US High Yield Bond I.. 0.56 %

N/A

 CAD 0.04B
PBD:CA Purpose Total Return Bond 0.72 %

N/A

 CAD 0.01B
ZGSB:CA BMO Global Strategic Bond ETF 0.82 %

N/A

 CAD 0.01B
DXO:CA Dynamic Active Crossover Bond .. 0.56 %

N/A

 N/A

ETFs Containing XHY:CA

FTB:CA 0.00 % 0.95 %

N/A

 N/A
XSE:CA iShares Conservative Stra.. 0.00 % 0.56 %

N/A

 CAD 0.12B

Market Performance

  Market Performance vs. Industry/Classification (High Yield Fixed Income) Market Performance vs. Exchange (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 3.04% 58% F 28% F
Dividend Return 3.92% 80% B- 83% B
Total Return 6.96% 58% F 35% F
Trailing 12 Months  
Capital Gain 7.88% 75% C 34% F
Dividend Return 6.08% 80% B- 86% B+
Total Return 13.96% 75% C 42% F
Trailing 5 Years  
Capital Gain -12.21% 25% F 21% F
Dividend Return 18.64% 80% B- 73% C
Total Return 6.43% 67% D+ 32% F
Average Annual (5 Year Horizon)  
Capital Gain -2.74% 42% F 21% F
Dividend Return 1.56% 67% D+ 36% F
Total Return 4.30% 83% B 86% B+
Risk Return Profile  
Volatility (Standard Deviation) 7.85% 50% F 77% C+
Risk Adjusted Return 19.92% 67% D+ 42% F
Market Capitalization 0.56B 70% C- 56% 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:
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.