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

ETF | Canadian Corporate Fixed Income |

Last Closing

CAD 47.6

Change

+0.04 (+0.08)%

Market Cap

CAD 0.03B

Volume

600.00

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: 2024-12-24 )

Largest Industry Peers for Canadian Corporate Fixed Income

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

-0.02 (-0.10%)

CAD 1.88B
CACB:CA CIBC Active Investment Grade C..

N/A

CAD 1.61B
ZCM:CA BMO Mid Corporate Bond Index E..

-0.02 (-0.13%)

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

+0.01 (+0.06%)

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

-0.06 (-0.25%)

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..

-0.01 (-0.03%)

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

+0.03 (+0.29%)

CAD 0.05B
FLCI:CA Franklin Bissett Corporate Bon..

+0.01 (+0.06%)

CAD 0.02B

ETFs Containing ZCB: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 2.99% 58% F 30% F
Dividend Return 2.94% 17% F 43% F
Total Return 5.93% 42% F 30% F
Trailing 12 Months  
Capital Gain 2.56% 42% F 29% F
Dividend Return 3.90% 33% F 52% F
Total Return 6.46% 50% F 29% F
Trailing 5 Years  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Average Annual (5 Year Horizon)  
Capital Gain -3.12% 17% F 14% F
Dividend Return -2.95% 8% B- 11% F
Total Return 0.18% 8% B- 17% F
Risk Return Profile  
Volatility (Standard Deviation) 6.15% 67% D+ 88% B+
Risk Adjusted Return -47.89% 8% B- 5% F
Market Capitalization 0.03B 18% F 18% 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.