ducovest

RQH:CA:TSX-RBC Target 2020 Corporate Bond Index ETF (CAD)

ETF | Canadian Short Term Fixed Income | Toronto Stock Exchange

Last Closing

CAD 19.74

Change

0.00 (0.00)%

Market Cap

CAD 0.09B

Volume

1.36K

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 2020 Maturity Corporate Bond Index*. The FTSE TMX Canada 2020 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 2020.

Company Website : www.rbcgam.com

Currency: CAD

Country : Canada

Inception Date: 15/09/2011

Primary Benchmark: FTSE Canada 2020 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

Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2020-02-19 )

Largest Industry Peers for Canadian Short Term Fixed Income

Symbol Name Mer Price(Change) Market Cap
XSB:CA iShares Canadian Short Term Bo.. 0.10 %

-0.04 (-0.15%)

 CAD 2.13B
ZCS:CA BMO Short Corporate Bond Index.. 0.11 %

N/A

 CAD 1.49B
ZST:CA BMO Ultra Short-Term Bond 0.17 %

+0.01 (+0.02%)

 CAD 1.42B
XSH:CA iShares Core Canadian Short Te.. 0.10 %

-0.03 (-0.16%)

 CAD 1.25B
VSB:CA Vanguard Canadian Short Term B.. 0.11 %

-0.03 (-0.13%)

 CAD 1.02B
VSC:CA Vanguard Canadian Short-Term C.. 0.11 %

-0.03 (-0.13%)

 CAD 0.95B
XFR:CA iShares Floating Rate 0.23 %

+0.01 (+0.05%)

 CAD 0.79B
CBO:CA iShares 1-5 Year Laddered Corp.. 0.28 %

-0.01 (-0.06%)

 CAD 0.71B
PFL:CA Invesco 1-3 Year Laddered Floa.. 0.23 %

N/A

 CAD 0.70B
CLF:CA iShares 1-5Yr Laddered Governm.. 0.17 %

-0.01 (-0.06%)

 CAD 0.50B

ETFs Containing RQH:CA

RLB:CA 0.00 % 0.25 %

N/A

 N/A

Market Performance

  Market Performance vs. Industry/Classification (Canadian Short Term Fixed Income) Market Performance vs. Exchange (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
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
Trailing 12 Months  
Capital Gain -1.05% 3% F 31% F
Dividend Return 1.07% 63% D 29% F
Total Return 0.02% 3% F 30% F
Trailing 5 Years  
Capital Gain -6.00% 28% F 41% F
Dividend Return 9.00% 28% F 33% F
Total Return 3.00% 17% F 37% F
Average Annual (5 Year Horizon)  
Capital Gain -0.93% 35% F 29% F
Dividend Return 1.28% 48% F 29% F
Total Return 2.27% 65% D 55% F
Risk Return Profile  
Volatility (Standard Deviation) 1.34% 81% B- 98% N/A
Risk Adjusted Return 94.99% 52% F 82% B
Market Capitalization 0.09B 18% F 19% 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.

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.