ducovest

ZST:CA:TSX-BMO Ultra Short-Term Bond ETF (CAD)

ETF | Canadian Short Term Fixed Income | Toronto Stock Exchange

Last Closing

CAD 48.73

Change

-0.19 (-0.39)%

Market Cap

CAD 0.05B

Volume

0.07M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The fund has been designed to provide exposure to a diversified mix of short-term fixed income asset classes with a term to maturity of less than one year or reset dates within one year. The Fund invests primarily in government bonds and investment grade corporate bonds, but also has exposure to high yield bonds, floating rate notes, and preferred shares. The portfolio is rebalanced based on the portfolio manager?s fundamental analysis, relative strength indicators, and risk adjusted yield expectations.

Company Website : www.etfs.bmo.com

Currency: CAD

Country : Canada

Inception Date: 28/01/2011

Primary Benchmark: FTSE Canada Short Corporate TR CAD

Primary Index: Morningstar CAN Bal Glbl Con CAD

Gross Expense Ratio: NA%

Management Expense Ratio: 0.17 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Symbol Company Name Allocation
PSA:CA Purpose High Interest Savings ETF 9.64 %
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 Canadian Short Term Fixed Income

Symbol Name Mer Price(Change) Market Cap
XSB:CA iShares Canadian Short Term Bo.. 0.10 %

N/A

 CAD 2.07B
ZCS:CA BMO Short Corporate Bond Index.. 0.11 %

N/A

 CAD 1.49B
XSH:CA iShares Core Canadian Short Te.. 0.10 %

N/A

 CAD 1.32B
VSB:CA Vanguard Canadian Short Term B.. 0.11 %

N/A

 CAD 1.14B
VSC:CA Vanguard Canadian Short-Term C.. 0.11 %

N/A

 CAD 0.88B
XFR:CA iShares Floating Rate 0.23 %

N/A

 CAD 0.76B
CBO:CA iShares 1-5 Year Laddered Corp.. 0.28 %

N/A

 CAD 0.73B
PFL:CA Invesco 1-3 Year Laddered Floa.. 0.23 %

N/A

 CAD 0.66B
CLF:CA iShares 1-5Yr Laddered Governm.. 0.17 %

N/A

 CAD 0.49B
HFR:CA Horizons Active Ultra-Short Te.. 0.46 %

N/A

 CAD 0.40B

ETFs Containing ZST:CA

N/A

Market Performance

  Market Performance vs. Industry/Classification (Canadian Short Term Fixed Income) Market Performance vs. Exchange (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -0.06% 70% C- 26% F
Dividend Return 1.29% 93% A 59% D-
Total Return 1.23% 93% A 30% F
Trailing 12 Months  
Capital Gain 0.37% 39% F 36% F
Dividend Return 3.42% 79% B- 60% D-
Total Return 3.79% 46% F 39% F
Trailing 5 Years  
Capital Gain -4.62% 59% D- 37% F
Dividend Return 9.79% 70% C- 52% F
Total Return 5.17% 67% D+ 36% F
Average Annual (5 Year Horizon)  
Capital Gain -0.09% 96% N/A 42% F
Dividend Return 1.65% 96% N/A 44% F
Total Return 1.74% 61% D- 51% F
Risk Return Profile  
Volatility (Standard Deviation) 17.56% 4% F 48% F
Risk Adjusted Return 9.41% 68% D+ 42% F
Market Capitalization 0.05B 93% A 75% 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 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.

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:
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.