ducovest

XFR:CA:TSX-iShares Floating Rate Index ETF (CAD)

ETF | Canadian Short Term Fixed Income | Toronto Stock Exchange

Last Closing

CAD 20.1

Change

0.00 (0.00)%

Market Cap

CAD 0.23B

Volume

0.01M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The iShares DEX Floating Rate Note Index Fund (XFR) seeks to provide income while limiting interest rate risk by replicating, to the extent possible, the performance of the DEX FRN Index, net of expenses. The investment strategy of XFR is to invest in a regularly rebalanced portfolio of floating-rate bonds, selected by BlackRock Canada from time to time, that closely matches the characteristics of the Index.

Company Website : www.ishares.com

Currency: CAD

Country : Canada

Inception Date: 06/12/2011

Primary Benchmark: FTSE Canada FRN TR CAD

Primary Index: Citi Canadian GBI 3-5 Yr CAD

Gross Expense Ratio: NA%

Management Expense Ratio: 0.23 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-12-25 )

Largest Industry Peers for Canadian Short Term Fixed Income

Symbol Name Mer Price(Change) Market Cap
ZST:CA BMO Ultra Short-Term Bond 0.17 %

N/A

 CAD 3.23B
ZCS:CA BMO Short Corporate Bond Index.. 0.11 %

N/A

 CAD 2.69B
XSB:CA iShares Canadian Short Term Bo.. 0.10 %

N/A

 CAD 2.64B
XSH:CA iShares Core Canadian Short Te.. 0.10 %

N/A

 CAD 1.46B
VSB:CA Vanguard Canadian Short Term B.. 0.11 %

N/A

 CAD 0.99B
VSC:CA Vanguard Canadian Short-Term C.. 0.11 %

N/A

 CAD 0.93B
CBO:CA iShares 1-5 Year Laddered Corp.. 0.28 %

N/A

 CAD 0.71B
PSB:CA Invesco 1-5 Year Laddered Inve.. 0.28 %

N/A

 CAD 0.53B
CLF:CA iShares 1-5 Year Laddered Gove.. 0.17 %

N/A

 CAD 0.52B
CAFR:CA CIBC Active Investment Grade F.. 0.00 %

N/A

 CAD 0.46B

ETFs Containing XFR:CA

N/A

Market Performance

  Market Performance vs. Industry/Classification (Canadian Short Term Fixed Income) Market Performance vs. Exchange (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -0.10% 7% C- 21% F
Dividend Return 4.54% 93% A 64% D
Total Return 4.44% 20% F 25% F
Trailing 12 Months  
Capital Gain -0.35% 3% F 21% F
Dividend Return 4.96% 100% F 66% D+
Total Return 4.62% 17% F 24% F
Trailing 5 Years  
Capital Gain -0.32% 93% A 39% F
Dividend Return 12.81% 43% F 34% F
Total Return 12.49% 63% D 31% F
Average Annual (5 Year Horizon)  
Capital Gain 0.04% 93% A 31% F
Dividend Return 2.14% 90% A- 33% F
Total Return 2.09% 67% D+ 62% D
Risk Return Profile  
Volatility (Standard Deviation) 2.15% 97% N/A 98% N/A
Risk Adjusted Return 99.19% 100% F 95% A
Market Capitalization 0.23B 80% B- 65% D

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:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

High dividend returns

The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.

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:

There is nothing we particularly dislike