ducovest

ZJK:CA:TSX-BMO High Yield US Corporate Bond Index ETF (CAD)

ETF | High Yield Fixed Income |

Last Closing

CAD 18.605

Change

-0.03 (-0.13)%

Market Cap

CAD 1.06B

Volume

9.49K

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)

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

Largest Industry Peers for High Yield Fixed Income

Symbol Name Price(Change) Market Cap
ZHY:CA BMO High Yield US Corporate Bo..

N/A

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

N/A

 CAD 0.62B
XHY:CA iShares U.S. High Yield Bond I..

N/A

 CAD 0.42B
CVD:CA iShares Convertible Bond Commo..

N/A

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

N/A

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

N/A

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

N/A

 CAD 0.04B
PBD:CA Purpose Total Return Bond

N/A

 CAD 0.01B
ZGSB:CA BMO Global Strategic Bond ETF

N/A

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

N/A

 N/A

ETFs Containing ZJK:CA

N/A

Market Performance

  Market Performance vs. Industry/Classification (High Yield Fixed Income) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 5.95% 100% F 36% F
Dividend Return 4.10% 90% A- 85% B
Total Return 10.05% 100% F 43% F
Trailing 12 Months  
Capital Gain 9.12% 83% B 37% F
Dividend Return 6.33% 90% A- 87% B+
Total Return 15.45% 100% F 45% F
Trailing 5 Years  
Capital Gain -10.21% 50% F 23% F
Dividend Return 19.72% 90% A- 75% C
Total Return 9.51% 83% B 35% F
Average Annual (5 Year Horizon)  
Capital Gain -2.66% 50% F 21% F
Dividend Return 1.93% 75% C 38% F
Total Return 4.59% 92% A 88% B+
Risk Return Profile  
Volatility (Standard Deviation) 6.35% 75% C 83% B
Risk Adjusted Return 30.38% 83% B 50% F
Market Capitalization 1.06B 100% F 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:
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.

High dividend returns

The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.

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.

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:

There is nothing we particularly dislike