QHY:CA:TSX-Mackenzie US High Yield Bond Index ETF (CAD-Hedged) (CAD)

ETF | High Yield Fixed Income |

Last Closing

CAD 82.46

Change

+0.18 (+0.22)%

Market Cap

CAD 0.04B

Volume

N/A

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

NA

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

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Relative Returns (From:    To: 2024-12-24 )

Largest Industry Peers for High Yield Fixed Income

Symbol Name Price(Change) Market Cap
ZJK:CA BMO High Yield US Corporate Bo..

+0.06 (+0.31%)

CAD 1.10B
ZHY:CA BMO High Yield US Corporate Bo..

+0.01 (+0.09%)

CAD 0.98B
ZEF:CA BMO Emerging Markets Bond (CAD..

+0.04 (+0.33%)

CAD 0.62B
XHY:CA iShares U.S. High Yield Bond I..

+0.02 (+0.12%)

CAD 0.48B
CVD:CA iShares Convertible Bond Commo..

+0.08 (+0.46%)

CAD 0.10B
SYLD:CA Purpose Strategic Yield Fund E..

+0.01 (+0.05%)

CAD 0.10B
XSI:CA iShares Short Term Strategic F..

+0.02 (+0.12%)

CAD 0.04B
PBD:CA Purpose Total Return Bond

+0.09 (+0.54%)

CAD 0.01B
ZGSB:CA BMO Global Strategic Bond ETF

N/A

CAD 0.01B
DXO:CA Dynamic Active Crossover Bond ..

-0.03 (-0.15%)

N/A

ETFs Containing QHY:CA

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

N/A

CAD 5.12M

Market Performance

  Market Performance vs. Industry/Classification (High Yield Fixed Income) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -3.71% 8% B- 16% F
Dividend Return 9.43% 100% F 95% A
Total Return 5.72% 50% F 29% F
Trailing 12 Months  
Capital Gain -2.89% 8% B- 17% F
Dividend Return 10.20% 100% F 95% A
Total Return 7.32% 75% C 32% F
Trailing 5 Years  
Capital Gain -14.35% 25% F 22% F
Dividend Return 26.69% 75% C 74% C
Total Return 12.34% 67% D+ 31% F
Average Annual (5 Year Horizon)  
Capital Gain -1.37% 75% C 23% F
Dividend Return 0.96% 50% F 27% F
Total Return 2.33% 25% F 66% D+
Risk Return Profile  
Volatility (Standard Deviation) 7.73% 67% D+ 81% B-
Risk Adjusted Return 12.36% 50% F 29% F
Market Capitalization 0.04B 30% F 21% 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:

There is nothing we particularly like

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.