ZAG:CA:TSX-BMO Aggregate Bond Index ETF (CAD)

ETF | Canadian Fixed Income | Toronto Stock Exchange

Last Closing

CAD 13.37

Change

+0.06 (+0.45)%

Market Cap

CAD 2.08B

Volume

0.20M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

"The investment seeks to replicate, net of expenses, the DEX Universe Bond Index. The fund invests in a variety of debt securities primarily with a term to maturity greater than one year. Securities held in the index are a broad measure of the Canadian investment-grade fixed income market consisting of Government of Canada (including Crown Corporations), Provincial and corporate bonds."

Inception Date: 19/01/2010

Primary Benchmark: FTSE Canada UniverseXM Bond

Primary Index: Citi Canadian GBI CAD

Gross Expense Ratio: NA%

Management Expense Ratio: 0.09 %

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: 2024-05-03 )

Largest Industry Peers for Canadian Fixed Income

Symbol Name Mer Price(Change) Market Cap
XBB:CA iShares Canadian Universe Bond 0.10 %

-0.07 (-0.25%)

CAD 7.08B
VAB:CA Vanguard Canadian Aggregate Bo.. 0.09 %

-0.06 (-0.27%)

CAD 4.61B
HBB:CA Global X Canadian Select Unive.. 0.10 %

-0.07 (-0.15%)

CAD 3.11B
ZCPB:CA BMO Core Plus Bond ETF 0.56 %

N/A

CAD 1.28B
ZGB:CA BMO Government Bond Index ETF 0.17 %

-0.15 (-0.34%)

CAD 1.10B
XGB:CA iShares Canadian Government Bo.. 0.38 %

-0.05 (-0.26%)

CAD 1.02B
QBB:CA Mackenzie Canadian Aggregate B.. 0.10 %

-0.20 (-0.22%)

CAD 0.87B
ZDB:CA BMO Discount Bond 0.10 %

-0.05 (-0.34%)

CAD 0.81B
CLG:CA iShares 1-10Yr Laddered Govern.. 0.17 %

-0.02 (-0.12%)

CAD 0.75B
MKB:CA Mackenzie Core Plus Canadian F.. 0.52 %

-0.13 (-0.69%)

CAD 0.55B

ETFs Containing ZAG:CA

ZBAL:CA BMO Balanced 0.00 % 0.00 %

+0.02 (+0.00%)

CAD 0.12B
ZGRO:CA BMO Growth ETF 0.00 % 0.00 %

N/A

CAD 0.28B
ZCON:CA BMO Conservative 0.00 % 0.00 %

N/A

CAD 0.04B

Market Performance

  Market Performance vs. Industry/Classification (Canadian Fixed Income) Market Performance vs. Exchange (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -3.33% 45% F 17% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -3.33% 5% F 15% F
Trailing 12 Months  
Capital Gain -2.90% 41% F 29% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -2.90% 5% F 24% F
Trailing 5 Years  
Capital Gain -14.60% 13% F 24% F
Dividend Return 7.92% 36% F 41% F
Total Return -6.68% 26% F 23% F
Average Annual (5 Year Horizon)  
Capital Gain -4.24% 17% F 17% F
Dividend Return -2.42% 26% F 19% F
Total Return 1.82% 68% D+ 52% F
Risk Return Profile  
Volatility (Standard Deviation) 5.52% 57% F 85% B
Risk Adjusted Return -43.81% 22% F 13% F
Market Capitalization 2.08B 96% N/A 87% B+

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.