ducovest

ZDB:CA:TSX-BMO Discount Bond Index ETF (CAD)

ETF | Canadian Fixed Income | Toronto Stock Exchange

Last Closing

CAD 15.05

Change

-0.08 (-0.53)%

Market Cap

CAD 0.22B

Volume

0.01M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The fund seeks to replicate, net of expenses, the FTSE TMX Canada Universe Discount Bond Index?. Tje fund is to invest in and hold a proportionate share of the constituent securities of the underlying index, or other securities, in order to achieve its investment objectives. It may also hold cash and cash equivalents or other money market instruments in order to meet their current obligations.

Company Website : www.etfs.bmo.com

Currency: CAD

Country : Canada

Inception Date: 10/02/2014

Primary Benchmark: FTSE TMX Canada Univers Discnt Bd TR CAD

Primary Index: Citi Canadian GBI CAD

Gross Expense Ratio: NA%

Management Expense Ratio: 0.10 %

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: 2024-11-12 )

Largest Industry Peers for Canadian Fixed Income

Symbol Name Mer Price(Change) Market Cap
ZAG:CA BMO Aggregate Bond 0.09 %

-0.06 (-0.43%)

 CAD 10.40B
XBB:CA iShares Canadian Universe Bond 0.10 %

-0.10 (-0.35%)

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

-0.09 (-0.39%)

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

-0.14 (-0.29%)

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

-0.11 (-0.39%)

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

-0.09 (-0.46%)

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

+0.06 (+0.13%)

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

-0.15 (-0.34%)

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

-0.25 (-0.27%)

 CAD 0.81B
ZFM:CA BMO Mid Federal Bond 0.22 %

-0.05 (-0.34%)

 CAD 0.72B

ETFs Containing ZDB:CA

N/A

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 1.07% 77% C+ 23% F
Dividend Return 2.01% 14% F 29% F
Total Return 3.09% 52% F 20% F
Trailing 12 Months  
Capital Gain 5.61% 77% C+ 28% F
Dividend Return 2.53% 9% A- 27% F
Total Return 8.14% 61% D- 24% F
Trailing 5 Years  
Capital Gain -8.57% 82% B 28% F
Dividend Return 10.94% 10% F 24% F
Total Return 2.37% 73% C 20% F
Average Annual (5 Year Horizon)  
Capital Gain -3.33% 83% B 14% F
Dividend Return -1.47% 78% C+ 16% F
Total Return 1.86% 50% F 55% F
Risk Return Profile  
Volatility (Standard Deviation) 6.10% 22% F 86% B+
Risk Adjusted Return -24.09% 78% C+ 13% F
Market Capitalization 0.22B 57% F 65% 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:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

High dividend returns

The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.

What to not like:
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.