CNDA:ARCA-IQ Canada Small Cap (USD)

ETF | Shell Companies | NYSE Arca

Last Closing

USD 10.515

Change

-0.01 (-0.05)%

Market Cap

USD 0.01B

Volume

635.00

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The investment seeks investment results that correspond generally to the price and yield performance of its underlying index, the IQ Canada Small Cap Index. The fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the investments included in its underlying index. The underlying index is a rules based, modified capitalization weighted, float adjusted index intended to give investors a means of tracking the overall performance of the small capitalization sector of publicly traded companies domiciled and primarily listed on an exchange in Canada. The fund is non-diversified.

Inception Date: 23/03/2010

Primary Benchmark: IQ Canada Small Cap TR USD

Primary Index: MSCI ACWI Ex USA NR USD

Gross Expense Ratio: 0.7%

Management Expense Ratio: 0.70 %

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: 2024-03-27 )

Largest Industry Peers for Shell Companies

Symbol Name Mer Price(Change) Market Cap
CVII Churchill Capital Corp VII Cla.. 0.00 %

-0.01 (-0.09%)

USD 0.98B
AACT Ares Acquisition Corporation I.. 0.00 %

N/A

USD 0.64B
ALCC AltC Acquisition Corp 0.00 %

-0.19 (-1.46%)

USD 0.56B
RRAC Rigel Resource Acquisition Cor.. 0.00 %

+0.01 (+0.09%)

USD 0.36B
HYAC Haymaker Acquisition Corp. 4 0.00 %

N/A

USD 0.31B
JWSM Jaws Mustang Acquisition Corp 0.00 %

N/A

USD 0.30B
TRTL TortoiseEcofin Acquisition III.. 0.00 %

N/A

USD 0.28B
LHC-UN Leo Holdings Corp. Units each .. 0.00 %

N/A

USD 0.26B
SEDA SDCL EDGE Acquisition Corporat.. 0.00 %

N/A

USD 0.20B
WNNR Andretti Acquisition Corp 0.00 %

N/A

USD 0.19B

ETFs Containing CNDA

SPCX SPAC and New Issue ETF 4.24 % 0.00 %

+0.04 (+-0.21%)

USD 0.01B
SPAX Tidal ETF Trust - Robinso.. 2.53 % 0.00 %

-0.04 (-0.21%)

USD 0.01B

Market Performance

  Market Performance vs. Industry/Classification (Shell Companies) Market Performance vs. Exchange (NYSE Arca)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 1.30% 42% F 40% F
Dividend Return N/A N/A N/A N/A N/A
Total Return 1.30% 42% F 35% F
Trailing 12 Months  
Capital Gain 3.90% 21% F 40% F
Dividend Return N/A N/A N/A N/A N/A
Total Return 3.90% 21% F 29% F
Trailing 5 Years  
Capital Gain -38.92% 33% F 14% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -38.92% 33% F 11% F
Average Annual (5 Year Horizon)  
Capital Gain 2.71% 36% F 53% F
Dividend Return 2.71% 36% F 43% F
Total Return N/A N/A N/A N/A N/A
Risk Return Profile  
Volatility (Standard Deviation) 2.58% 88% B+ 98% N/A
Risk Adjusted Return 105.16% 81% B- 99% N/A
Market Capitalization 0.01B 83% B 35% F

Annual Financials (USD)

Quarterly Financials (USD)

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.

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.

Superior Earnings Growth

This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

What to not like:
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.

Negative cashflow

The company had negative total cash flow in the most recent four quarters.

Negative free cash flow

The company had negative total free cash flow in the most recent four quarters.