RQG:CA:TSX-RBC Target 2019 Corporate Bond Index ETF

ETF | Others | Toronto Stock Exchange

Last Closing

CAD 18.5

Change

0.00 (0.00)%

Market Cap

CAD 0.12B

Volume

1.68K

Analyst Target

N/A
Analyst Rating

N/A

ducovest Verdict

Verdict

About

The Fund seeks to provide income for a limited period of time ending on its termination date by replicating, to the extent possible, the investment results that correspond generally to the performance, before fees and expenses, of the FTSE TMX Canada 2019 Maturity Corporate Bond Index*. The FTSE TMX Canada 2019 Maturity Corporate Bond Index is designed to represent the performance of a held-to-maturity portfolio consisting of, primarily, Canadian dollar-denominated investment grade corporate bonds with effective maturities in 2019.

Inception Date: 15/09/2011

Primary Benchmark: FTSE Canada 2019 Maturity Cor TR CAD

Primary Index: Citi Canadian GBI CAD

Gross Expense Ratio: NA%

Management Expense Ratio: 0.28 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Symbol Company Name Allocation
SECIT:NSE 3.77 %
Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2019-09-19 )

Largest Industry Peers for Others

Symbol Name Mer Price(Change) Market Cap
XEF-U:CA iShares Core MSCI EAFE IMI Ind.. 0.00 %

N/A

CAD 6.19B
CASH:CA Horizons High Interest Savings.. 0.00 %

+0.01 (+0.02%)

CAD 4.83B
PHYS-U:CA Sprott Physical Gold Trust 0.00 %

-0.11 (-0.59%)

CAD 4.76B
XUS-U:CA iShares Core S&P 500 Index ETF 0.00 %

-0.44 (-0.69%)

CAD 4.54B
CEF-U:CA Sprott Physical Gold and Silve.. 0.00 %

-0.10 (-0.45%)

CAD 3.78B
HXT-U:CA Horizons S&P/TSX 60 Index ETF 0.00 %

+0.06 (+0.15%)

CAD 3.75B
PSLV-U:CA Sprott Physical Silver Trust 0.00 %

+0.12 (+1.26%)

CAD 3.29B
IGAF:CA IA Clarington Loomis Global Al.. 0.00 %

N/A

CAD 3.23B
XEQT:CA iShares Core Equity Portfolio 0.00 %

-0.12 (-0.41%)

CAD 2.86B
NSCB:CA NBI Sustainable Canadian Bond .. 0.00 %

+0.03 (+0.14%)

CAD 2.78B

ETFs Containing RQG:CA

N/A

Market Performance

  Market Performance vs. Industry/Classification (Others) Market Performance vs. Exchange (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -1.80% 6% D- 24% F
Dividend Return 1.91% 69% C- 55% F
Total Return 0.10% 6% D- 24% F
Trailing 12 Months  
Capital Gain -2.37% 26% F 44% F
Dividend Return 4.06% 86% B+ 75% C
Total Return 1.68% 35% F 48% F
Trailing 5 Years  
Capital Gain -8.42% 20% F 43% F
Dividend Return 15.92% 71% C- 58% F
Total Return 7.50% 21% F 43% F
Average Annual (5 Year Horizon)  
Capital Gain -2.25% 12% F 25% F
Dividend Return 1.44% 30% F 34% F
Total Return 3.69% 87% B+ 74% C
Risk Return Profile  
Volatility (Standard Deviation) 1.03% 98% N/A 99% N/A
Risk Adjusted Return 139.69% 96% N/A 96% N/A
Market Capitalization 0.12B 40% F 24% 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.

Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

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.

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.