ducovest

XPF:CA:TSX-iShares S&P/TSX North American Preferred Stock Index ETF (CAD-Hedged) (CAD)

ETF | Preferred Share Fixed Income | Toronto Stock Exchange

Last Closing

CAD 14.89

Change

+0.01 (+0.07)%

Market Cap

CAD 0.23B

Volume

2.88K

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The investment seeks to replicate, net of expenses, the performance of the S&P/TSX North American Preferred Stock Canadian Dollar Hedged Index. The fund will invest in a regularly rebalanced portfolio of preferred shares, selected by BlackRock Canada from time to time, as well as one or more iShares ETFs, that in aggregate closely match the characteristics of the Preferred Index, and to hedge any resulting U.S. dollar exposure back to Canadian dollars.

Company Website : www.ishares.com

Currency: CAD

Country : Canada

Inception Date: 22/11/2010

Primary Benchmark: S&P/TSX NA Preferred Stock NR Hdg CAD

Primary Index: S&P/TSX Preferred Share TR

Gross Expense Ratio: NA%

Management Expense Ratio: 0.47 %

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: 2024-03-27 )

Largest Industry Peers for Preferred Share Fixed Income

Symbol Name Mer Price(Change) Market Cap
ZPR:CA BMO Laddered Preferred Share 0.50 %

-0.01 (-0.10%)

 CAD 1.50B
HPR:CA Horizons Active Preferred Shar.. 0.63 %

+0.02 (+0.24%)

 CAD 1.05B
CPD:CA iShares S&P/TSX Canadian Prefe.. 0.50 %

+0.05 (+0.43%)

 CAD 1.03B
DXP:CA Dynamic Active Preferred Share.. 0.66 %

N/A

 CAD 0.62B
RPF:CA RBC Canadian Preferred Share E.. 0.59 %

+0.06 (+0.30%)

 CAD 0.54B
BPRF:CA Brompton Flaherty & Crumrine I.. 0.95 %

N/A

 CAD 0.15B
DIVS:CA Evolve Active Canadian Preferr.. 0.90 %

N/A

 CAD 0.14B
HLPR:CA Horizons Laddered Canadian Pre.. 0.00 %

+0.14 (+0.56%)

 CAD 0.10B
PR:CA Lysander-Slater Preferred Shar.. 1.03 %

+0.07 (+0.77%)

 CAD 0.08B
HFP:CA Horizons Active Hybrid Bond an.. 0.63 %

N/A

 CAD 0.06B

ETFs Containing XPF:CA

N/A

Market Performance

  Market Performance vs. Industry/Classification (Preferred Share Fixed Income) Market Performance vs. Exchange (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 6.66% 33% F 60% D-
Dividend Return 1.48% 50% F 68% D+
Total Return 8.14% 33% F 65% D
Trailing 12 Months  
Capital Gain 7.05% 33% F 55% F
Dividend Return 4.93% 45% F 74% C
Total Return 11.98% 25% F 59% D-
Trailing 5 Years  
Capital Gain -11.37% 25% F 27% F
Dividend Return 18.75% 83% B 82% B
Total Return 7.38% 23% F 38% F
Average Annual (5 Year Horizon)  
Capital Gain -3.45% 23% F 22% F
Dividend Return 0.49% 31% F 38% F
Total Return 3.94% 92% A 85% B
Risk Return Profile  
Volatility (Standard Deviation) 13.70% 85% B 58% F
Risk Adjusted Return 3.56% 31% F 37% F
Market Capitalization 0.23B 62% D 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:
Underpriced compared to earnings

The stock is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

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:
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.