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

ETF | Canadian Corporate Fixed Income |

Last Closing

CAD 15.44

Change

+0.01 (+0.06)%

Market Cap

CAD 1.44B

Volume

2.33K

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: 2024-11-18 )

Largest Industry Peers for Canadian Corporate Fixed Income

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

+0.01 (+0.02%)

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

-0.01 (-0.05%)

CAD 1.53B
CBH:CA iShares 1-10Yr Laddered Corpor..

+0.02 (+0.11%)

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

-0.01 (-0.04%)

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

+0.04 (+0.39%)

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

-0.03 (-0.13%)

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

+0.03 (+0.15%)

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

-0.10 (-0.98%)

CAD 0.05B
ZCB:CA BMO Corporate Bond Index ETF

-0.04 (-0.08%)

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

+0.04 (+0.22%)

CAD 0.02B

ETFs Containing ZCM:CA

PBD:CA Purpose Total Return Bond 0.00 % 0.72 %

-0.02 (-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 2.80% 83% B 29% F
Dividend Return 3.33% 50% F 51% F
Total Return 6.13% 67% D+ 30% F
Trailing 12 Months  
Capital Gain 7.52% 83% B 34% F
Dividend Return 4.18% 50% F 51% F
Total Return 11.70% 75% C 34% F
Trailing 5 Years  
Capital Gain -7.38% 45% F 29% F
Dividend Return 17.04% 45% F 49% F
Total Return 9.66% 64% D 26% F
Average Annual (5 Year Horizon)  
Capital Gain -2.61% 42% F 17% F
Dividend Return 0.21% 42% F 24% F
Total Return 2.82% 58% F 73% C
Risk Return Profile  
Volatility (Standard Deviation) 7.40% 25% F 81% B-
Risk Adjusted Return 2.87% 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.