ZCM:CA:TSX-BMO Mid Corporate Bond Index ETF (CAD)

ETF | Canadian Corporate Fixed Income |

Last Closing

CAD 15.63

Change

0.00 (0.00)%

Market Cap

CAD 1.41B

Volume

4.00K

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

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Relative Returns (From:    To: 2024-09-24 )

Largest Industry Peers for Canadian Corporate Fixed Income

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

-0.05 (-0.25%)

CAD 1.80B
CACB:CA CIBC Active Investment Grade C..

N/A

CAD 1.46B
CBH:CA iShares 1-10Yr Laddered Corpor..

-0.05 (-0.28%)

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

N/A

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

N/A

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

-0.02 (-0.10%)

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

-0.09 (-0.46%)

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

+0.18 (+1.82%)

CAD 0.05B
ZCB:CA BMO Corporate Bond Index ETF

+0.02 (+0.04%)

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

+0.04 (+0.22%)

CAD 0.02B

ETFs Containing ZCM:CA

PBD:CA Purpose Total Return Bond 0.00 % 0.72 %

N/A

CAD 0.01B
ZAG:CA BMO Aggregate Bond 0.00 % 0.09 %

-0.01 (-0.07%)

CAD 10.12B

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 4.06% 92% A 31% F
Dividend Return 2.66% 58% F 62% D
Total Return 6.72% 92% A 34% F
Trailing 12 Months  
Capital Gain 11.56% 100% F 40% F
Dividend Return 4.28% 58% F 66% D+
Total Return 15.85% 100% F 44% F
Trailing 5 Years  
Capital Gain -6.13% 45% F 28% F
Dividend Return 13.39% 55% F 57% F
Total Return 7.27% 64% D 32% F
Average Annual (5 Year Horizon)  
Capital Gain -2.79% 33% F 20% F
Dividend Return 0.09% 42% F 27% F
Total Return 2.88% 58% F 69% C-
Risk Return Profile  
Volatility (Standard Deviation) 7.07% 17% F 80% B-
Risk Adjusted Return 1.21% 42% F 27% F
Market Capitalization 1.41B 82% B 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.

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.