QHY:CA:TSX-Mackenzie US High Yield Bond Index ETF (CAD-Hedged) (CAD)

ETF | High Yield Fixed Income |

Last Closing

CAD 83.8

Change

+0.09 (+0.11)%

Market Cap

CAD 0.04B

Volume

308.00

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: 2024-11-14 )

Largest Industry Peers for High Yield Fixed Income

Symbol Name Price(Change) Market Cap
ZJK:CA BMO High Yield US Corporate Bo..

+0.04 (+0.21%)

CAD 1.06B
ZHY:CA BMO High Yield US Corporate Bo..

-0.02 (-0.18%)

CAD 0.98B
ZEF:CA BMO Emerging Markets Bond (CAD..

+0.01 (+0.08%)

CAD 0.62B
XHY:CA iShares U.S. High Yield Bond I..

+0.04 (+0.24%)

CAD 0.42B
CVD:CA iShares Convertible Bond Commo..

+0.05 (+0.29%)

CAD 0.10B
SYLD:CA Purpose Strategic Yield Fund E..

+0.03 (+0.16%)

CAD 0.09B
XSI:CA iShares Short Term Strategic F..

-0.03 (-0.17%)

CAD 0.04B
PBD:CA Purpose Total Return Bond

-0.03 (-0.18%)

CAD 0.01B
ZGSB:CA BMO Global Strategic Bond ETF

-0.05 (-0.18%)

CAD 0.01B
DXO:CA Dynamic Active Crossover Bond ..

+0.04 (+0.20%)

N/A

ETFs Containing QHY:CA

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

N/A

CAD 5.11M

Market Performance

  Market Performance vs. Industry/Classification (High Yield Fixed Income) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -2.15% 8% B- 16% F
Dividend Return 8.01% 100% F 93% A
Total Return 5.86% 50% F 29% F
Trailing 12 Months  
Capital Gain 2.68% 8% B- 19% F
Dividend Return 9.84% 100% F 92% A
Total Return 12.52% 67% D+ 34% F
Trailing 5 Years  
Capital Gain -11.63% 42% F 24% F
Dividend Return 26.24% 75% C 70% C-
Total Return 14.61% 67% D+ 33% F
Average Annual (5 Year Horizon)  
Capital Gain -1.44% 75% C 24% F
Dividend Return 0.62% 50% F 27% F
Total Return 2.06% 17% F 58% F
Risk Return Profile  
Volatility (Standard Deviation) 7.56% 67% D+ 80% B-
Risk Adjusted Return 8.18% 42% F 28% F
Market Capitalization 0.04B 30% F 21% 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:

There is nothing we particularly like

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.