ducovest

ZCB:CA:TSX-BMO Corporate Bond Index ETF (CAD)

ETF | Canadian Corporate Fixed Income |

Last Closing

CAD 47.25

Change

+0.03 (+0.06)%

Market Cap

CAD 0.03B

Volume

800.00

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

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 Canadian Corporate Fixed Income

Symbol Name Price(Change) Market Cap
XCB:CA iShares Core Canadian Corporat..

+0.01 (+0.05%)

 CAD 1.83B
CACB:CA CIBC Active Investment Grade C..

N/A

 CAD 1.53B
ZCM:CA BMO Mid Corporate Bond Index E..

+0.01 (+0.06%)

 CAD 1.44B
CBH:CA iShares 1-10Yr Laddered Corpor..

N/A

 CAD 0.40B
VCB:CA Vanguard Canadian Corporate Bo..

N/A

 CAD 0.37B
HAB:CA Global X Active Corporate Bond..

-0.01 (-0.10%)

 CAD 0.35B
XHB:CA iShares Canadian HYBrid Corpor..

N/A

 CAD 0.19B
DXV:CA Dynamic Active Investment Grad..

-0.01 (-0.05%)

 CAD 0.17B
CXF:CA CI Canadian Convertible Bond E..

+0.02 (+0.20%)

 CAD 0.05B
FLCI:CA Franklin Bissett Corporate Bon..

N/A

 CAD 0.02B

ETFs Containing ZCB:CA

N/A

Market Performance

  Market Performance vs. Industry/Classification (Canadian Corporate Fixed Income) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 2.23% 42% F 28% F
Dividend Return 2.94% 25% F 46% F
Total Return 5.17% 42% F 27% F
Trailing 12 Months  
Capital Gain 6.13% 33% F 31% F
Dividend Return 4.07% 42% F 49% F
Total Return 10.20% 33% F 31% F
Trailing 5 Years  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Average Annual (5 Year Horizon)  
Capital Gain -3.27% 17% F 15% F
Dividend Return -3.20% 8% B- 11% F
Total Return 0.06% 8% B- 11% F
Risk Return Profile  
Volatility (Standard Deviation) 5.83% 75% C 87% B+
Risk Adjusted Return -54.96% 8% B- 5% F
Market Capitalization 0.03B 18% F 18% 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.