CACB:CA:TSX-CIBC Active Investment Grade Corporate Bond ETF (CAD)

ETF | Canadian Corporate Fixed Income |

Last Closing

CAD 20.15

Change

-0.01 (-0.05)%

Market Cap

CAD 1.61B

Volume

0.19M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-12-23 )

Largest Industry Peers for Canadian Corporate Fixed Income

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

N/A

CAD 1.88B
ZCM:CA BMO Mid Corporate Bond Index E..

N/A

CAD 1.45B
CBH:CA iShares 1-10Yr Laddered Corpor..

-0.01 (-0.06%)

CAD 0.44B
VCB:CA Vanguard Canadian Corporate Bo..

N/A

CAD 0.38B
HAB:CA Global X Active Corporate Bond..

+0.03 (+0.29%)

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

-0.04 (-0.20%)

CAD 0.19B
DXV:CA Dynamic Active Ultra Short Ter..

-0.05 (-0.23%)

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..

-0.03 (-0.17%)

CAD 0.02B

ETFs Containing CACB: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 2.60% 42% F 29% F
Dividend Return 2.79% 8% B- 41% F
Total Return 5.38% 17% F 28% F
Trailing 12 Months  
Capital Gain 2.75% 58% F 29% F
Dividend Return 3.09% 8% B- 40% F
Total Return 5.84% 17% F 28% F
Trailing 5 Years  
Capital Gain -4.73% 82% B 34% F
Dividend Return 22.48% 91% A- 62% D
Total Return 17.75% 91% A- 37% F
Average Annual (5 Year Horizon)  
Capital Gain -2.34% 58% F 17% F
Dividend Return -1.16% 25% F 16% F
Total Return 1.18% 17% F 46% F
Risk Return Profile  
Volatility (Standard Deviation) 6.12% 75% C 88% B+
Risk Adjusted Return -18.88% 25% F 13% F
Market Capitalization 1.61B 91% A- 74% 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:
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.

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.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.