QUIG:CA:TSX-Mackenzie US Investment Grade Corporate Bond Index ETF (CAD-Hedged) (CAD)

ETF | Global Corporate Fixed Income |

Last Closing

CAD 86.59

Change

+0.29 (+0.33)%

Market Cap

CAD 0.54B

Volume

N/A

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: 2024-10-30 )

Largest Industry Peers for Global Corporate Fixed Income

Symbol Name Price(Change) Market Cap
ZIC:CA BMO Mid-Term US IG Corporate B..

-0.11 (-0.61%)

CAD 3.17B
ZMU:CA BMO Mid-Term US IG Corporate B..

-0.09 (-0.70%)

CAD 2.98B
XIG:CA iShares U.S. IG Corporate Bond..

-0.02 (-0.10%)

CAD 0.34B
RUSB:CA RBC Short Term U.S. Corporate ..

+0.05 (+0.23%)

CAD 0.27B
ZSU:CA BMO Short-Term US IG Corporate..

-0.06 (-0.45%)

CAD 0.16B
EARN:CA Evolve Active Global Fixed Inc..

+0.08 (+0.16%)

CAD 0.02B
IGCF:CA PIMCO Investment Grade Credit ..

-0.01 (-0.06%)

CAD 0.01B
TUSB:CA TD Select U.S. Short Term Corp..

-0.09 (-0.63%)

CAD 0.01B

ETFs Containing QUIG:CA

N/A

Market Performance

  Market Performance vs. Industry/Classification (Global Corporate Fixed Income) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -1.09% 22% F 18% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -1.09% 67% D+ 24% F
Trailing 12 Months  
Capital Gain 6.78% 56% F 26% F
Dividend Return N/A N/A N/A N/A N/A
Total Return 6.78% 89% A- 31% F
Trailing 5 Years  
Capital Gain -17.20% 44% F 19% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -17.20% 56% F 23% F
Average Annual (5 Year Horizon)  
Capital Gain -4.80% 33% F 10% F
Dividend Return -3.18% 22% F 11% F
Total Return 1.63% 44% F 50% F
Risk Return Profile  
Volatility (Standard Deviation) 7.01% 44% F 82% B
Risk Adjusted Return -45.33% 22% F 7% C-
Market Capitalization 0.54B 78% C+ 60% D-

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.

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.