ducovest

QSB:CA:TSX-Mackenzie Canadian Short-Term Bond Index ETF (CAD)

ETF | Canadian Short Term Fixed Income |

Last Closing

CAD 96.22

Change

-0.01 (-0.01)%

Market Cap

CAD 0.10B

Volume

1.27K

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Currency: CAD

Country : Canada

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

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

Largest Industry Peers for Canadian Short Term Fixed Income

Symbol Name Price(Change) Market Cap
XSB:CA iShares Canadian Short Term Bo..

N/A

 CAD 2.07B
ZST:CA BMO Ultra Short-Term Bond

N/A

 CAD 1.64B
ZCS:CA BMO Short Corporate Bond Index..

N/A

 CAD 1.49B
XSH:CA iShares Core Canadian Short Te..

N/A

 CAD 1.32B
VSB:CA Vanguard Canadian Short Term B..

N/A

 CAD 1.14B
VSC:CA Vanguard Canadian Short-Term C..

N/A

 CAD 0.88B
XFR:CA iShares Floating Rate

N/A

 CAD 0.76B
CBO:CA iShares 1-5 Year Laddered Corp..

N/A

 CAD 0.73B
PFL:CA Invesco 1-3 Year Laddered Floa..

N/A

 CAD 0.66B
CLF:CA iShares 1-5Yr Laddered Governm..

N/A

 CAD 0.49B

ETFs Containing QSB:CA

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

N/A

 CAD 5.76M

Market Performance

  Market Performance vs. Industry/Classification (Canadian Short Term Fixed Income) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -0.67% 43% F 28% F
Dividend Return 0.47% 18% F 19% F
Total Return -0.20% 25% F 26% F
Trailing 12 Months  
Capital Gain 0.08% 43% F 41% F
Dividend Return 1.85% 32% F 32% F
Total Return 1.93% 29% F 39% F
Trailing 5 Years  
Capital Gain -5.05% 57% F 37% F
Dividend Return 6.05% 18% F 27% F
Total Return 1.00% 25% F 32% F
Average Annual (5 Year Horizon)  
Capital Gain -1.44% 68% D+ 34% F
Dividend Return -0.24% 29% F 31% F
Total Return 1.20% 21% F 39% F
Risk Return Profile  
Volatility (Standard Deviation) 2.93% 75% C 95% A
Risk Adjusted Return -8.02% 29% F 28% F
Market Capitalization 0.10B 36% F 37% 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:
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.