ducovest

QSB:CA:TSX-Mackenzie Canadian Short-Term Bond Index ETF (CAD)

ETF | Canadian Short Term Fixed Income |

Last Closing

CAD 98.71

Change

+0.01 (+0.01)%

Market Cap

CAD 0.04B

Volume

N/A

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

NA

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

Currency: CAD

Country : Canada

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-11-18 )

Largest Industry Peers for Canadian Short Term Fixed Income

Symbol Name Price(Change) Market Cap
ZST:CA BMO Ultra Short-Term Bond

+0.02 (+0.03%)

 CAD 3.28B
XSB:CA iShares Canadian Short Term Bo..

N/A

 CAD 2.65B
ZCS:CA BMO Short Corporate Bond Index..

-0.02 (-0.14%)

 CAD 2.62B
XSH:CA iShares Core Canadian Short Te..

+0.01 (+0.03%)

 CAD 1.41B
VSB:CA Vanguard Canadian Short Term B..

-0.01 (-0.04%)

 CAD 0.98B
VSC:CA Vanguard Canadian Short-Term C..

-0.01 (-0.04%)

 CAD 0.92B
XFR:CA iShares Floating Rate

+0.01 (+0.02%)

 CAD 0.78B
CBO:CA iShares 1-5 Year Laddered Corp..

-0.01 (-0.05%)

 CAD 0.71B
CLF:CA iShares 1-5 Year Laddered Gove..

-0.01 (-0.06%)

 CAD 0.51B
PFL:CA Invesco 1-3 Year Laddered Floa..

-0.01 (-0.05%)

 CAD 0.42B

ETFs Containing QSB:CA

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

N/A

 CAD 5.11M

Market Performance

  Market Performance vs. Industry/Classification (Canadian Short Term Fixed Income) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 1.90% 43% F 26% F
Dividend Return 2.72% 60% D- 42% F
Total Return 4.62% 57% F 25% F
Trailing 12 Months  
Capital Gain 3.57% 40% F 23% F
Dividend Return 3.32% 53% F 40% F
Total Return 6.89% 57% F 22% F
Trailing 5 Years  
Capital Gain -2.25% 70% C- 36% F
Dividend Return 11.45% 20% F 25% F
Total Return 9.20% 40% F 26% F
Average Annual (5 Year Horizon)  
Capital Gain -1.27% 57% F 25% F
Dividend Return -0.23% 23% F 21% F
Total Return 1.04% 10% F 45% F
Risk Return Profile  
Volatility (Standard Deviation) 3.18% 87% B+ 96% N/A
Risk Adjusted Return -7.17% 20% F 19% F
Market Capitalization 0.04B 30% F 20% 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.