ducovest

XIG:CA:TSX-iShares U.S. IG Corporate Bond Index ETF (CAD-Hedged) (CAD)

ETF | Global Corporate Fixed Income | Toronto Stock Exchange

Last Closing

CAD 19.7

Change

0.00 (0.00)%

Market Cap

CAD 0.14B

Volume

828.00

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

"The investment seeks to replicate, net of expenses, the Markit iBoxx USD Liquid Investment Grade Index. The fund will invest primarily in the shares of a U.S. iShares fund that seeks to replicate the index and to hedge any resulting U.S. dollar currency exposure back to Canadian dollars. It intends to invest in the shares of the iShares iBoxx $ Investment Grade Corporate Bond Fund. The fund will utilize currency forwards and other derivative instruments to employ the currency hedging strategy."

Company Website : www.ishares.com

Currency: CAD

Country : Canada

Inception Date: 21/01/2010

Primary Benchmark: Markit iBoxx Liquid IG TR CAD-Hdg

Primary Index: Barclays Global Aggregate TR CAD

Gross Expense Ratio: NA%

Management Expense Ratio: 0.32 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Symbol Company Name Allocation
LQD iShares iBoxx $ Investment Grade Corporate Bond ETF 99.47 %
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 Global Corporate Fixed Income

Symbol Name Mer Price(Change) Market Cap
ZIC:CA BMO Mid-Term US IG Corporate B.. 0.26 %

N/A

 CAD 3.19B
ZMU:CA BMO Mid-Term US IG Corporate B.. 0.27 %

N/A

 CAD 2.99B
QUIG:CA Mackenzie US Investment Grade .. 0.28 %

N/A

 CAD 0.52B
RUSB:CA RBC Short Term U.S. Corporate .. 0.40 %

N/A

 CAD 0.29B
ZSU:CA BMO Short-Term US IG Corporate.. 0.28 %

N/A

 CAD 0.17B
EARN:CA Evolve Active Global Fixed Inc.. 0.92 %

N/A

 CAD 0.02B
TUSB:CA TD Select U.S. Short Term Corp.. 0.28 %

N/A

 CAD 0.01B
IGCF:CA PIMCO Investment Grade Credit .. 0.85 %

N/A

 CAD 8.33M

ETFs Containing XIG:CA

XSC:CA iShares Conservative Shor.. 0.00 % 0.45 %

N/A

 CAD 0.06B

Market Performance

  Market Performance vs. Industry/Classification (Global Corporate Fixed Income) Market Performance vs. Exchange (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -3.90% 11% F 16% F
Dividend Return 3.63% 56% F 51% F
Total Return -0.27% 11% F 16% F
Trailing 12 Months  
Capital Gain -5.11% 11% F 15% F
Dividend Return 4.28% 78% C+ 59% D-
Total Return -0.82% 11% F 16% F
Trailing 5 Years  
Capital Gain -19.82% 11% F 19% F
Dividend Return 14.15% 22% F 40% F
Total Return -5.67% 11% F 17% F
Average Annual (5 Year Horizon)  
Capital Gain -5.01% 11% F 9% A-
Dividend Return -2.44% 33% F 12% F
Total Return 2.57% 78% C+ 69% C-
Risk Return Profile  
Volatility (Standard Deviation) 8.60% 11% F 78% C+
Risk Adjusted Return -28.35% 33% F 10% F
Market Capitalization 0.14B 67% D+ 54% 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:
Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

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.