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

ETF | High Yield Fixed Income |

Last Closing

CAD 82.29

Change

0.00 (0.00)%

Market Cap

CAD 0.04B

Volume

N/A

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

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Relative Returns (From:    To: 2024-12-28 )

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 -3.91% 8% B- 16% F
Dividend Return 9.43% 100% F 95% A
Total Return 5.52% 50% F 29% F
Trailing 12 Months  
Capital Gain -3.91% 8% B- 16% F
Dividend Return 9.43% 100% F 95% A
Total Return 5.52% 50% F 29% F
Trailing 5 Years  
Capital Gain -14.53% 25% F 21% F
Dividend Return 26.25% 83% B 74% C
Total Return 11.72% 67% D+ 31% F
Average Annual (5 Year Horizon)  
Capital Gain -1.38% 75% C 23% F
Dividend Return 1.00% 50% F 27% F
Total Return 2.37% 25% F 67% D+
Risk Return Profile  
Volatility (Standard Deviation) 7.74% 67% D+ 82% B
Risk Adjusted Return 12.86% 50% F 29% F
Market Capitalization 0.04B 30% F 22% 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.