ducovest

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

ETF | Canadian Corporate Fixed Income | Toronto Stock Exchange

Last Closing

CAD 18.89

Change

-0.05 (-0.26)%

Market Cap

CAD 0.43B

Volume

2.82K

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The investment seeks to reppluicate, netof expenses, the performance of the DEX HYBrid Bond index. The DEX HYBrid Bond Index is a modified market capitalization-weighted index. The DEX HYBrid Bond Index consists of Canadian-dollar denominated corporate bonds, with a remaining term to maturity of at least one year, that are rated BBB or below. Returns for the DEX HYBrid Bond Index are calculated daily. The DEX HYBrid Bond Index uses a rules-based methodology, which changes over time to reflect market developments.

Company Website : www.ishares.com

Currency: CAD

Country : Canada

Inception Date: 22/09/2010

Primary Benchmark: FTSE Canada HYBrid Bd CAD

Primary Index: Barclays Global High Yield TR CAD

Gross Expense Ratio: NA%

Management Expense Ratio: 0.51 %

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: 2024-04-16 )

Largest Industry Peers for Canadian Corporate Fixed Income

Symbol Name Mer Price(Change) Market Cap
XCB:CA iShares Core Canadian Corporat.. 0.44 %

+0.08 (+0.42%)

 CAD 1.64B
ZCM:CA BMO Mid Corporate Bond Index E.. 0.33 %

+0.08 (+0.55%)

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

+0.03 (+0.18%)

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

-0.01 (-0.02%)

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

-0.04 (-0.41%)

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

+0.07 (+0.30%)

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

+0.02 (+0.22%)

 CAD 0.21B
DXV:CA Dynamic Active Investment Grad.. 0.35 %

N/A

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

+0.14 (+1.47%)

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

+0.09 (+0.20%)

 CAD 0.03B

ETFs Containing XHB:CA

N/A

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 -1.67% 50% F 23% F
Dividend Return 1.10% 82% B 50% F
Total Return -0.56% 50% F 25% F
Trailing 12 Months  
Capital Gain 1.56% 92% A 47% F
Dividend Return 4.08% 82% B 65% D
Total Return 5.64% 100% F 52% F
Trailing 5 Years  
Capital Gain -8.39% 67% D+ 34% F
Dividend Return 15.40% 100% F 75% C
Total Return 7.01% 83% B 40% F
Average Annual (5 Year Horizon)  
Capital Gain -2.38% 67% D+ 28% F
Dividend Return 0.84% 75% C 39% F
Total Return 3.22% 100% F 75% C
Risk Return Profile  
Volatility (Standard Deviation) 6.57% 25% F 81% B-
Risk Adjusted Return 12.73% 75% C 44% F
Market Capitalization 0.43B 42% F 47% 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.

High dividend returns

The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.

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.

What to not like:
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.

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.