QSB:CA:TSX-Mackenzie Canadian Short-Term Bond Index ETF (CAD)

ETF | Canadian Short Term Fixed Income |

Last Closing

CAD 98.72

Change

+0.07 (+0.07)%

Market Cap

CAD 0.04B

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: 2024-11-04 )

Largest Industry Peers for Canadian Short Term Fixed Income

Symbol Name Price(Change) Market Cap
ZST:CA BMO Ultra Short-Term Bond

-0.01 (-0.02%)

CAD 3.16B
ZCS:CA BMO Short Corporate Bond Index..

N/A

CAD 2.73B
XSB:CA iShares Canadian Short Term Bo..

+0.03 (+0.11%)

CAD 2.48B
XSH:CA iShares Core Canadian Short Te..

N/A

CAD 1.40B
VSB:CA Vanguard Canadian Short Term B..

N/A

CAD 0.99B
VSC:CA Vanguard Canadian Short-Term C..

+0.02 (+0.08%)

CAD 0.92B
XFR:CA iShares Floating Rate

-0.01 (-0.05%)

CAD 0.77B
CBO:CA iShares 1-5 Year Laddered Corp..

+0.01 (+0.05%)

CAD 0.71B
CLF:CA iShares 1-5 Year Laddered Gove..

+0.01 (+0.06%)

CAD 0.51B
PFL:CA Invesco 1-3 Year Laddered Floa..

N/A

CAD 0.46B

ETFs Containing QSB:CA

MGAB:CA Mackenzie Global Fixed In.. 0.00 % 0.00 %

N/A

CAD 5.11M

Market Performance

  Market Performance vs. Industry/Classification (Canadian Short Term Fixed Income) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 1.91% 37% F 27% F
Dividend Return -7.75% 100% F 89% A-
Total Return -5.84% 13% F 16% F
Trailing 12 Months  
Capital Gain 4.47% 67% D+ 24% F
Dividend Return -7.39% 100% F 89% A-
Total Return -2.93% 13% F 16% F
Trailing 5 Years  
Capital Gain -2.47% 57% F 36% F
Dividend Return -2.13% 100% F 100% F
Total Return -4.60% 27% F 34% F
Average Annual (5 Year Horizon)  
Capital Gain -1.28% 57% F 26% F
Dividend Return -0.22% 23% F 22% F
Total Return 1.06% 10% F 38% F
Risk Return Profile  
Volatility (Standard Deviation) 3.14% 87% B+ 96% N/A
Risk Adjusted Return -7.01% 23% F 20% F
Market Capitalization 0.04B 30% F 20% F

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.

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.

Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.