ducovest

XCB:CA:TSX-iShares Canadian Corporate Bond Index ETF (CAD)

ETF | Canadian Corporate Fixed Income | Toronto Stock Exchange

Last Closing

CAD 19.14

Change

0.00 (0.00)%

Market Cap

CAD 1.63B

Volume

0.04M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The investment seeks to replicate the performance, net of expenses, of the DEX All Corporate Bond Index. The index is comprised primarily of semi-annual pay fixed rate corporate bonds issued domestically in Canada and denominated in Canadian dollars, with an investment grade rating and a remaining effective term to maturity of at least one year.

Company Website : www.ishares.com

Currency: CAD

Country : Canada

Inception Date: 06/11/2006

Primary Benchmark: FTSE Canada All Corp Bond

Primary Index: Citi Canadian GBI CAD

Gross Expense Ratio: NA%

Management Expense Ratio: 0.44 %

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: 2024-04-27 )

Largest Industry Peers for Canadian Corporate Fixed Income

Symbol Name Mer Price(Change) Market Cap
ZCM:CA BMO Mid Corporate Bond Index E.. 0.33 %

N/A

 CAD 0.48B
CBH:CA iShares 1-10Yr Laddered Corpor.. 0.28 %

N/A

 CAD 0.36B
RQL:CA RBC Target 2024 Corporate Bond.. 0.29 %

N/A

 CAD 0.36B
HAB:CA Global X Active Corporate Bond.. 0.59 %

N/A

 CAD 0.32B
VCB:CA Vanguard Canadian Corporate Bo.. 0.26 %

N/A

 CAD 0.30B
FIG:CA CI Investment Grade Bond ETF 0.78 %

N/A

 CAD 0.21B
XHB:CA iShares Canadian HYBrid Corpor.. 0.51 %

N/A

 CAD 0.19B
DXV:CA Dynamic Active Investment Grad.. 0.35 %

N/A

 CAD 0.15B
CXF:CA CI Canadian Convertible Bond E.. 0.73 %

N/A

 CAD 0.05B
ZCB:CA BMO Corporate Bond Index ETF 0.17 %

N/A

 CAD 0.03B

ETFs Containing XCB:CA

CBD Companhia Brasileira de D.. 0.00 % 1.87 %

N/A

 USD 0.22B
CBD:CA 0.00 % 0.75 %

N/A

 N/A
ETP 0.00 % 1.52 %

N/A

 N/A
FIE.A:CA 0.00 % 1.78 %

N/A

 N/A
XCR:CA 0.00 % 0.66 %

N/A

 N/A
XSC:CA iShares Conservative Shor.. 0.00 % 0.45 %

N/A

 CAD 0.06B

Market Performance

  Market Performance vs. Industry/Classification (Canadian Corporate Fixed Income) Market Performance vs. Exchange (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -2.84% 8% B- 19% F
Dividend Return 1.33% 55% F 55% F
Total Return -1.51% 17% F 21% F
Trailing 12 Months  
Capital Gain -1.54% 25% F 34% F
Dividend Return 3.56% 55% F 59% D-
Total Return 2.02% 42% F 40% F
Trailing 5 Years  
Capital Gain -10.31% 42% F 31% F
Dividend Return 12.99% 75% C 68% D+
Total Return 2.68% 42% F 34% F
Average Annual (5 Year Horizon)  
Capital Gain -2.85% 50% F 24% F
Dividend Return -0.15% 42% F 31% F
Total Return 2.71% 67% D+ 67% D+
Risk Return Profile  
Volatility (Standard Deviation) 5.64% 50% F 85% B
Risk Adjusted Return -2.62% 42% F 31% F
Market Capitalization 1.63B 100% F 76% C+

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.

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.