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

ETF | Global Corporate Fixed Income |

Last Closing

CAD 85.82

Change

-0.33 (-0.38)%

Market Cap

CAD 0.54B

Volume

100.00

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

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Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

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Relative Returns (From:    To: 2024-11-05 )

ETFs Containing QUIG:CA

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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 -1.96% 22% F 17% F
Dividend Return -13.69% 100% F 61% D-
Total Return -15.66% 11% F 12% F
Trailing 12 Months  
Capital Gain 3.94% 33% F 22% F
Dividend Return -13.64% 100% F 67% D+
Total Return -9.70% 11% F 12% F
Trailing 5 Years  
Capital Gain -17.41% 11% F 20% F
Dividend Return -3.42% 100% F 87% B+
Total Return -20.83% 11% F 18% F
Average Annual (5 Year Horizon)  
Capital Gain -4.79% 33% F 10% F
Dividend Return -3.17% 22% F 11% F
Total Return 1.62% 44% F 50% F
Risk Return Profile  
Volatility (Standard Deviation) 7.02% 44% F 82% B
Risk Adjusted Return -45.24% 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.