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

ETF | High Yield Fixed Income |

Last Closing

CAD 83.33

Change

-0.59 (-0.70)%

Market Cap

CAD 0.04B

Volume

160.00

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

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Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

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Relative Returns (From:    To: 2024-04-23 )

Largest Industry Peers for High Yield Fixed Income

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

+0.13 (+0.72%)

CAD 1.02B
ZHY:CA BMO High Yield US Corporate Bo..

+0.06 (+0.54%)

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

+0.07 (+0.39%)

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

+0.07 (+0.58%)

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

+0.12 (+0.74%)

CAD 0.41B
CVD:CA iShares Convertible Bond Commo..

N/A

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

+0.06 (+0.33%)

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

+0.16 (+0.84%)

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

+0.13 (+0.78%)

CAD 0.04B
PBD:CA Purpose Total Return Bond

N/A

CAD 0.01B

ETFs Containing QHY:CA

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

N/A

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 -2.70% 8% B- 19% F
Dividend Return 0.92% 17% F 41% F
Total Return -1.78% 8% B- 20% F
Trailing 12 Months  
Capital Gain -0.30% 36% F 39% F
Dividend Return 3.53% 25% F 59% D-
Total Return 3.23% 42% F 44% F
Trailing 5 Years  
Capital Gain -14.22% 42% F 25% F
Dividend Return 11.56% 25% F 62% D
Total Return -2.66% 25% F 28% F
Average Annual (5 Year Horizon)  
Capital Gain -2.81% 75% C 25% F
Dividend Return -0.38% 42% F 30% F
Total Return 2.42% 25% F 63% D
Risk Return Profile  
Volatility (Standard Deviation) 7.42% 67% D+ 78% C+
Risk Adjusted Return -5.18% 42% F 30% F
Market Capitalization 0.04B 17% F 23% 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.