ducovest

SYLD:CA:TSX-Purpose Strategic Yield Fund ETF (CAD)

ETF | High Yield Fixed Income |

Last Closing

CAD 19.1

Change

-0.01 (-0.05)%

Market Cap

CAD 0.09B

Volume

1.03K

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

NA

Company Website : http://www.purposeinvest.com

Currency: CAD

Country : Canada

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-11-15 )

Largest Industry Peers for High Yield Fixed Income

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

+0.05 (+0.26%)

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

+0.01 (+0.09%)

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

N/A

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

-0.03 (-0.18%)

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

+0.04 (+0.23%)

 CAD 0.10B
XSI:CA iShares Short Term Strategic F..

-0.01 (-0.06%)

 CAD 0.04B
QHY:CA Mackenzie US High Yield Bond I..

-0.23 (-0.27%)

 CAD 0.04B
PBD:CA Purpose Total Return Bond

+0.03 (+0.18%)

 CAD 0.01B
ZGSB:CA BMO Global Strategic Bond ETF

-0.02 (-0.07%)

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

-0.01 (-0.03%)

 N/A

ETFs Containing SYLD:CA

N/A

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 5.88% 83% B 36% F
Dividend Return 5.38% 92% A 77% C+
Total Return 11.25% 83% B 41% F
Trailing 12 Months  
Capital Gain 8.71% 83% B 36% F
Dividend Return 6.62% 92% A 75% C
Total Return 15.33% 92% A 41% F
Trailing 5 Years  
Capital Gain 0.95% 100% F 39% F
Dividend Return 30.76% 100% F 81% B-
Total Return 31.71% 100% F 47% F
Average Annual (5 Year Horizon)  
Capital Gain 1.58% 100% F 41% F
Dividend Return 4.93% 100% F 48% F
Total Return 3.35% 50% F 77% C+
Risk Return Profile  
Volatility (Standard Deviation) 12.90% 8% B- 62% D
Risk Adjusted Return 38.18% 92% A 55% F
Market Capitalization 0.09B 50% F 34% 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:
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.

Underpriced compared to earnings

The stock is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

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.

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.