ducovest

ZSU:CA:TSX-BMO Short-Term US IG Corporate Bond Hedged to CAD Index ETF (CAD)

ETF | Global Corporate Fixed Income | Toronto Stock Exchange

Last Closing

CAD 14.37

Change

+0.07 (+0.49)%

Market Cap

CAD 0.14B

Volume

300.00

Analyst Target

N/A
Analyst Rating

N/A

ducovest Verdict

Verdict

About

The fund seeks to replicate, net of expenses, the Barclays US Investment Grade 1 to 5 Year Corporate Bond Capped Index CAD Hedged. The fund is to invest in and hold a proportionate share of the constituent securities of the underlying index, or other securities, in order to achieve its investment objectives and hedged back to Canadian dollars. It may also hold cash and cash equivalents or other money market instruments in order to meet their current obligations.

Company Website : www.etfs.bmo.com

Currency: CAD

Country : Canada

Inception Date: 10/02/2014

Primary Benchmark: BBgBarc US IG 1-5YCor Bd CAD Hdg TR CAD

Primary Index: Barclays Global Aggregate TR CAD

Gross Expense Ratio: NA%

Management Expense Ratio: 0.28 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Symbol Company Name Allocation
BACRP Bank of America Corporation PFD SER B 7% 0.98 %
GS Goldman Sachs Group Inc 0.61 %
C Citigroup Inc 0.60 %
JPM JPMorgan Chase & Co 0.56 %
ABBV AbbVie Inc 0.55 %
Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2020-04-08 )

Largest Industry Peers for Global Corporate Fixed Income

Symbol Name Mer Price(Change) Market Cap
ZIC:CA BMO Mid-Term US IG Corporate B.. 0.26 %

-0.05 (-0.29%)

 CAD 2.82B
ZMU:CA BMO Mid-Term US IG Corporate B.. 0.27 %

-0.01 (-0.04%)

 CAD 2.69B
QUIG:CA Mackenzie US Investment Grade .. 0.28 %

-0.15 (-0.18%)

 CAD 0.48B
XIG:CA iShares U.S. IG Corporate Bond.. 0.32 %

-0.04 (-0.21%)

 CAD 0.27B
RUSB:CA RBC Short Term U.S. Corporate .. 0.40 %

N/A

 CAD 0.24B
IGCF:CA PIMCO Investment Grade Credit .. 0.85 %

N/A

 CAD 0.04B
EARN:CA Evolve Active Global Fixed Inc.. 0.92 %

N/A

 CAD 0.02B
TUSB:CA TD Select U.S. Short Term Corp.. 0.28 %

N/A

 CAD 8.66M

ETFs Containing ZSU:CA

N/A

Market Performance

  Market Performance vs. Industry/Classification (Global Corporate Fixed Income) Market Performance vs. Exchange (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -2.11% 69% C- 86% B+
Dividend Return N/A N/A N/A N/A N/A
Total Return -2.11% 62% D 86% B+
Trailing 12 Months  
Capital Gain -1.17% 31% F 80% B-
Dividend Return 0.68% 31% F 23% F
Total Return -0.49% 31% F 79% B-
Trailing 5 Years  
Capital Gain -4.33% 40% F 63% D
Dividend Return 8.32% 33% F 30% F
Total Return 3.99% 20% F 57% F
Average Annual (5 Year Horizon)  
Capital Gain -0.47% 8% B- 31% F
Dividend Return 1.56% 33% F 31% F
Total Return 2.04% 67% D+ 50% F
Risk Return Profile  
Volatility (Standard Deviation) 1.97% 83% B 96% N/A
Risk Adjusted Return 79.06% 92% A 77% C+
Market Capitalization 0.14B 62% D 52% 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.

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:
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.