DXO:CA:TSX-Dynamic iShares Active Crossover Bond ETF (CAD)

ETF | High Yield Fixed Income | Toronto Stock Exchange

Last Closing

CAD 19.22

Change

+0.02 (+0.10)%

Market Cap

CAD 7.07M

Volume

375.00

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

DXO seeks to provide interest income and the potential for some long-term capital growth by investing primarily in North American fixed income corporate securities that are rated close to the line dividing investment grade and high-yield credit. Exposure to these types of fixed income securities will be obtained by investing primarily in Dynamic Active Crossover Bond Fund (the ¿Dynamic ACB Fund¿), and/or by investing directly in them, in securities of one or more Other Funds, and/or through the use of derivatives. See ¿Investment Objectives¿.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-03-27 )

Largest Industry Peers for High Yield Fixed Income

Symbol Name Price(Change) Market Cap
ZJK:CA BMO High Yield US Corporate Bo..

-0.02 (-0.11%)

CAD 1.04B
ZHY:CA BMO High Yield US Corporate Bo..

-0.02 (-0.18%)

CAD 0.95B
MUB:CA Mackenzie Unconstrained Bond E..

+0.08 (+0.45%)

CAD 0.90B
ZEF:CA BMO Emerging Markets Bond (CAD..

+0.01 (+0.08%)

CAD 0.61B
XHY:CA iShares U.S. High Yield Bond I..

+0.09 (+0.56%)

CAD 0.41B
ZGSB:CA BMO Global Strategic Bond ETF

+0.05 (+0.19%)

CAD 0.18B
CVD:CA iShares Convertible Bond Commo..

+0.04 (+0.24%)

CAD 0.09B
SYLD:CA Purpose Strategic Yield Fund E..

-0.14 (-0.76%)

CAD 0.07B
XSI:CA iShares Short Term Strategic F..

-0.09 (-0.54%)

CAD 0.04B
QHY:CA Mackenzie US High Yield Bond I..

N/A

CAD 0.04B

ETFs Containing DXO:CA

N/A

Market Performance

  Market Performance vs. Industry/Classification (High Yield Fixed Income) Market Performance vs. Exchange (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -0.57% 25% F 22% F
Dividend Return 1.41% 75% C 65% D
Total Return 0.84% 25% F 28% F
Trailing 12 Months  
Capital Gain 3.67% 58% F 46% F
Dividend Return 4.42% 50% F 69% C-
Total Return 8.09% 50% F 51% F
Trailing 5 Years  
Capital Gain -3.90% 100% F 38% F
Dividend Return 18.06% 75% C 81% B-
Total Return 14.16% 100% F 43% F
Average Annual (5 Year Horizon)  
Capital Gain -1.99% 92% A 31% F
Dividend Return 1.62% 92% A 44% F
Total Return 3.61% 62% D 81% B-
Risk Return Profile  
Volatility (Standard Deviation) 8.17% 46% F 75% C
Risk Adjusted Return 19.86% 100% F 51% F
Market Capitalization 7.07M 33% F 29% 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 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.

What to not like:
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.

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.

Negative earnings

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