QUIG:CA:TSX-Mackenzie US Investment Grade Corporate Bond Index ETF (CAD-Hedged) (CAD)

ETF | Global Corporate Fixed Income |

Last Closing

CAD 85

Change

0.00 (0.00)%

Market Cap

CAD 0.47B

Volume

100.00

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: 2024-05-08 )

ETFs Containing QUIG:CA

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Market Performance

  Market Performance vs. Industry/Classification (Global Corporate Fixed Income) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -2.90% 33% F 16% F
Dividend Return 0.97% 38% F 40% F
Total Return -1.93% 22% F 18% F
Trailing 12 Months  
Capital Gain -1.86% 44% F 29% F
Dividend Return 3.18% 67% D+ 55% F
Total Return 1.32% 44% F 32% F
Trailing 5 Years  
Capital Gain -12.66% 44% F 25% F
Dividend Return 9.84% 56% F 52% F
Total Return -2.82% 33% F 25% F
Average Annual (5 Year Horizon)  
Capital Gain -4.38% 44% F 17% F
Dividend Return -2.44% 22% F 19% F
Total Return 1.94% 44% F 55% F
Risk Return Profile  
Volatility (Standard Deviation) 7.39% 44% F 77% C+
Risk Adjusted Return -32.95% 33% F 18% F
Market Capitalization 0.47B 78% C+ 61% D-

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:
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.

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.

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.