ZGSB:CA:TSX-BMO Global Strategic Bond ETF (CAD)

ETF | High Yield Fixed Income |

Last Closing

CAD 26.3

Change

+0.05 (+0.19)%

Market Cap

CAD 0.18B

Volume

100.00

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

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Relative Returns (From:    To: 2024-04-26 )

Largest Industry Peers for High Yield Fixed Income

Symbol Name Price(Change) Market Cap
ZJK:CA BMO High Yield US Corporate Bo..

+0.11 (+0.61%)

CAD 1.02B
ZHY:CA BMO High Yield US Corporate Bo..

N/A

CAD 0.95B
MUB:CA Mackenzie Unconstrained Bond E..

+0.03 (+0.17%)

CAD 0.90B
ZEF:CA BMO Emerging Markets Bond (CAD..

N/A

CAD 0.61B
XHY:CA iShares U.S. High Yield Bond I..

-0.08 (-0.49%)

CAD 0.41B
CVD:CA iShares Convertible Bond Commo..

-0.01 (-0.06%)

CAD 0.09B
SYLD:CA Purpose Strategic Yield Fund E..

+0.06 (+0.33%)

CAD 0.07B
DXO:CA Dynamic Active Crossover Bond ..

+0.02 (+0.10%)

CAD 0.06B
XSI:CA iShares Short Term Strategic F..

N/A

CAD 0.04B
QHY:CA Mackenzie US High Yield Bond I..

N/A

CAD 0.04B

ETFs Containing ZGSB:CA

N/A

Market Performance

  Market Performance vs. Industry/Classification (High Yield Fixed Income) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -1.13% 67% D+ 26% F
Dividend Return 1.13% 33% F 47% F
Total Return 0.00% 58% F 28% F
Trailing 12 Months  
Capital Gain 1.43% 75% C 45% F
Dividend Return 4.63% 58% F 70% C-
Total Return 6.05% 58% F 51% F
Trailing 5 Years  
Capital Gain -13.91% 50% F 27% F
Dividend Return 12.86% 33% F 67% D+
Total Return -1.05% 33% F 30% F
Average Annual (5 Year Horizon)  
Capital Gain -4.07% 25% F 18% F
Dividend Return -1.42% 25% F 25% F
Total Return 2.65% 33% F 66% D+
Risk Return Profile  
Volatility (Standard Deviation) 9.00% 25% F 73% C
Risk Adjusted Return -15.74% 25% F 25% F
Market Capitalization 0.18B 58% F 46% 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:

There is nothing we particularly like

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.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

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.