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

ETF | Canadian Corporate Fixed Income |

Last Closing

CAD 15.43

Change

+0.01 (+0.06)%

Market Cap

CAD 1.44B

Volume

3.90K

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: 2024-11-15 )

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
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
ZCB:CA BMO Corporate Bond Index ETF

+0.03 (+0.06%)

CAD 0.03B
FLCI:CA Franklin Bissett Corporate Bon..

N/A

CAD 0.02B

ETFs Containing ZCM:CA

PBD:CA Purpose Total Return Bond 0.00 % 0.72 %

+0.03 (+0.07%)

CAD 0.01B
ZAG:CA BMO Aggregate Bond 0.00 % 0.09 %

+0.01 (+0.07%)

CAD 10.40B

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 2.73% 83% B 29% F
Dividend Return 3.33% 50% F 51% F
Total Return 6.06% 75% C 30% F
Trailing 12 Months  
Capital Gain 7.60% 83% B 34% F
Dividend Return 4.18% 50% F 51% F
Total Return 11.79% 75% C 34% F
Trailing 5 Years  
Capital Gain -7.16% 45% F 29% F
Dividend Return 17.09% 45% F 49% F
Total Return 9.93% 64% D 26% F
Average Annual (5 Year Horizon)  
Capital Gain -2.62% 42% F 17% F
Dividend Return 0.18% 42% F 25% F
Total Return 2.81% 58% F 69% C-
Risk Return Profile  
Volatility (Standard Deviation) 7.36% 25% F 81% B-
Risk Adjusted Return 2.51% 42% F 24% F
Market Capitalization 1.44B 82% B 73% C

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.

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.