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

ETF | Canadian Corporate Fixed Income |

Last Closing

CAD 15.52

Change

-0.02 (-0.13)%

Market Cap

CAD 1.45B

Volume

0.03M

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
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
ZCB:CA BMO Corporate Bond Index ETF

+0.04 (+0.08%)

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

+0.01 (+0.06%)

CAD 0.02B

ETFs Containing ZCM:CA

PBD:CA Purpose Total Return Bond 0.00 % 0.72 %

+0.09 (+-0.07%)

CAD 0.01B
ZAG:CA BMO Aggregate Bond 0.00 % 0.09 %

-0.01 (-0.07%)

CAD 9.91B

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 3.33% 83% B 31% F
Dividend Return 3.66% 42% F 52% F
Total Return 6.99% 75% C 33% F
Trailing 12 Months  
Capital Gain 3.33% 75% C 31% F
Dividend Return 3.99% 42% F 54% F
Total Return 7.32% 67% D+ 32% F
Trailing 5 Years  
Capital Gain -6.34% 45% F 32% F
Dividend Return 17.16% 45% F 50% F
Total Return 10.83% 64% D 29% F
Average Annual (5 Year Horizon)  
Capital Gain -2.60% 42% F 16% F
Dividend Return 0.26% 42% F 23% F
Total Return 2.86% 58% F 73% C
Risk Return Profile  
Volatility (Standard Deviation) 7.46% 25% F 83% B
Risk Adjusted Return 3.52% 42% F 23% F
Market Capitalization 1.45B 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.