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

ETF | High Yield Fixed Income |

Last Closing

CAD 85.31

Change

0.00 (0.00)%

Market Cap

CAD 0.05B

Volume

200.00

Analyst Target

N/A
Analyst Rating

N/A

ducovest Verdict

Verdict

About

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

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Relative Returns (From:    To: 2020-05-29 )

Largest Industry Peers for High Yield Fixed Income

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

+0.03 (+0.17%)

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

+0.04 (+0.36%)

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

+0.03 (+0.17%)

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

-0.08 (-0.65%)

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

+0.04 (+0.25%)

CAD 0.41B
ZGSB:CA BMO Global Strategic Bond ETF

+0.12 (+0.46%)

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

+0.09 (+0.55%)

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

+0.10 (+0.55%)

CAD 0.07B
DXO:CA Dynamic Active Crossover Bond ..

+0.08 (+0.42%)

CAD 0.06B
XSI:CA iShares Short Term Strategic F..

+0.07 (+0.42%)

CAD 0.04B

ETFs Containing QHY:CA

MGAB:CA Mackenzie Global Fixed In.. 0.00 % 0.00 %

+0.08 (+0.49%)

CAD 5.76M

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 -11.39% 19% F 51% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -11.39% 19% F 50% F
Trailing 12 Months  
Capital Gain -11.01% 19% F 44% F
Dividend Return 0.37% 13% F 12% F
Total Return -10.64% 19% F 42% F
Trailing 5 Years  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Average Annual (5 Year Horizon)  
Capital Gain -1.12% 75% C 33% F
Dividend Return 0.68% 13% F 32% F
Total Return 1.79% 13% F 47% F
Risk Return Profile  
Volatility (Standard Deviation) 4.15% 94% A 96% N/A
Risk Adjusted Return 16.33% 69% C- 80% B-
Market Capitalization 0.05B 31% F 34% 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:
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.

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.

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.