ducovest

ZAG:CA:TSX-BMO Aggregate Bond Index ETF (CAD)

ETF | Canadian Fixed Income | Toronto Stock Exchange

Last Closing

CAD 14.07

Change

0.00 (0.00)%

Market Cap

CAD 2.08B

Volume

0.12M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

"The investment seeks to replicate, net of expenses, the DEX Universe Bond Index. The fund invests in a variety of debt securities primarily with a term to maturity greater than one year. Securities held in the index are a broad measure of the Canadian investment-grade fixed income market consisting of Government of Canada (including Crown Corporations), Provincial and corporate bonds."

Company Website : www.etfs.bmo.com

Currency: CAD

Country : Canada

Inception Date: 19/01/2010

Primary Benchmark: FTSE Canada UniverseXM Bond

Primary Index: Citi Canadian GBI CAD

Gross Expense Ratio: NA%

Management Expense Ratio: 0.09 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-09-21 )

Largest Industry Peers for Canadian Fixed Income

Symbol Name Mer Price(Change) Market Cap
XBB:CA iShares Canadian Universe Bond 0.10 %

N/A

 CAD 7.90B
VAB:CA Vanguard Canadian Aggregate Bo.. 0.09 %

N/A

 CAD 5.22B
HBB:CA Global X Canadian Select Unive.. 0.10 %

N/A

 CAD 3.49B
ZCPB:CA BMO Core Plus Bond ETF 0.56 %

N/A

 CAD 1.47B
XGB:CA iShares Canadian Government Bo.. 0.38 %

N/A

 CAD 1.38B
ZGB:CA BMO Government Bond Index ETF 0.17 %

N/A

 CAD 1.25B
CAGG:CA CI Yield Enhanced Canada Aggre.. 0.20 %

N/A

 CAD 1.20B
QBB:CA Mackenzie Canadian Aggregate B.. 0.10 %

N/A

 CAD 0.81B
ZDB:CA BMO Discount Bond 0.10 %

N/A

 CAD 0.75B
ZFM:CA BMO Mid Federal Bond 0.22 %

N/A

 CAD 0.72B

ETFs Containing ZAG:CA

ZGRO:CA BMO Growth ETF 0.00 % 0.00 %

N/A

 CAD 0.35B

Market Performance

  Market Performance vs. Industry/Classification (Canadian Fixed Income) Market Performance vs. Exchange (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 1.74% 39% F 22% F
Dividend Return 0.29% 11% F 9% A-
Total Return 2.02% 22% F 21% F
Trailing 12 Months  
Capital Gain 8.23% 30% F 34% F
Dividend Return 0.31% 11% F 8% B-
Total Return 8.54% 22% F 31% F
Trailing 5 Years  
Capital Gain -12.77% 5% F 20% F
Dividend Return 7.44% 22% F 29% F
Total Return -5.33% 23% F 21% F
Average Annual (5 Year Horizon)  
Capital Gain -4.41% 22% F 13% F
Dividend Return -2.69% 22% F 14% F
Total Return 1.72% 36% F 51% F
Risk Return Profile  
Volatility (Standard Deviation) 5.27% 83% B 88% B+
Risk Adjusted Return -51.03% 13% F 7% C-
Market Capitalization 2.08B 100% F 89% A-

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:
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:
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.