CACB:CA:TSX-CIBC Active Investment Grade Corporate Bond ETF (CAD)

ETF | Canadian Corporate Fixed Income |

Last Closing

CAD 20.22

Change

+0.01 (+0.05)%

Market Cap

CAD 1.45B

Volume

200.00

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

NA

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

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Relative Returns (From:    To: 2024-09-20 )

Largest Industry Peers for Canadian Corporate Fixed Income

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

+0.01 (+0.05%)

CAD 1.80B
ZCM:CA BMO Mid Corporate Bond Index E..

N/A

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

+0.02 (+0.08%)

CAD 0.38B
VCB:CA Vanguard Canadian Corporate Bo..

+0.01 (+0.04%)

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

+0.01 (+0.10%)

CAD 0.35B
XHB:CA iShares Canadian HYBrid Corpor..

+0.01 (+0.03%)

CAD 0.18B
DXV:CA Dynamic Active Investment Grad..

+0.06 (+0.31%)

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

-0.20 (-2.00%)

CAD 0.05B
ZCB:CA BMO Corporate Bond Index ETF

+0.04 (+0.08%)

CAD 0.03B
FLCI:CA Franklin Bissett Corporate Bon..

-0.02 (-0.11%)

CAD 0.02B

ETFs Containing CACB: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 2.95% 42% F 27% F
Dividend Return 0.72% 17% F 23% F
Total Return 3.67% 17% F 26% F
Trailing 12 Months  
Capital Gain 9.53% 83% B 38% F
Dividend Return 0.76% 17% F 17% F
Total Return 10.30% 33% F 35% F
Trailing 5 Years  
Capital Gain -4.58% 82% B 31% F
Dividend Return 5.10% 18% F 17% F
Total Return 0.53% 27% F 28% F
Average Annual (5 Year Horizon)  
Capital Gain -2.44% 58% F 22% F
Dividend Return -1.32% 25% F 20% F
Total Return 1.12% 17% F 38% F
Risk Return Profile  
Volatility (Standard Deviation) 5.86% 58% F 85% B
Risk Adjusted Return -22.53% 25% F 16% F
Market Capitalization 1.45B 91% A- 73% 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:
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:
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.