ducovest

XCB:CA:TSX-iShares Canadian Corporate Bond Index ETF

ETF | Canadian Corporate Fixed Income | Toronto Stock Exchange

Last Closing

CAD 21.23

Change

-0.02 (-0.09)%

Market Cap

CAD 1.63B

Volume

0.02M

Analyst Target

N/A
Analyst Rating

N/A

ducovest Verdict

Verdict

About

The investment seeks to replicate the performance, net of expenses, of the DEX All Corporate Bond Index. The index is comprised primarily of semi-annual pay fixed rate corporate bonds issued domestically in Canada and denominated in Canadian dollars, with an investment grade rating and a remaining effective term to maturity of at least one year.

Company Website : www.ishares.com

Currency: CAD

Country : Canada

Inception Date: 06/11/2006

Primary Benchmark: FTSE Canada All Corp Bond

Primary Index: Citi Canadian GBI CAD

Gross Expense Ratio: NA%

Management Expense Ratio: 0.44 %

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: 2019-03-18 )

Largest Industry Peers for Canadian Corporate Fixed Income

Symbol Name Mer Price(Change) Market Cap
ZCM:CA BMO Mid Corporate Bond Index E.. 0.33 %

+0.01 (+0.07%)

 CAD 0.49B
RQL:CA RBC Target 2024 Corporate Bond.. 0.29 %

+0.01 (+0.05%)

 CAD 0.37B
CBH:CA iShares 1-10Yr Laddered Corpor.. 0.28 %

+0.01 (+0.06%)

 CAD 0.36B
HAB:CA Horizons Active Corporate Bond.. 0.59 %

+0.01 (+0.10%)

 CAD 0.33B
VCB:CA Vanguard Canadian Corporate Bo.. 0.26 %

+0.03 (+0.13%)

 CAD 0.30B
FIG:CA CI Investment Grade Bond ETF 0.78 %

-0.04 (-0.44%)

 CAD 0.22B
XHB:CA iShares Canadian HYBrid Corpor.. 0.51 %

-0.05 (-0.26%)

 CAD 0.19B
DXV:CA Dynamic Active Investment Grad.. 0.35 %

+0.05 (+0.25%)

 CAD 0.14B
FLCI:CA Franklin Bissett Corporate Bon.. 0.42 %

N/A

 CAD 0.07B
CXF:CA CI Canadian Convertible Bond E.. 0.73 %

+0.20 (+2.11%)

 CAD 0.05B

ETFs Containing XCB:CA

CBD Companhia Brasileira de D.. 0.00 % 1.87 %

N/A

 USD 0.19B
CBD:CA 0.00 % 0.75 %

N/A

 N/A
ETP 0.00 % 1.52 %

N/A

 N/A
FIE.A:CA 0.00 % 1.78 %

N/A

 N/A
XCR:CA 0.00 % 0.66 %

N/A

 N/A
XSC:CA iShares Conservative Shor.. 0.00 % 0.45 %

N/A

 CAD 0.06B

Market Performance

  Market Performance vs. Industry/Classification (Canadian Corporate Fixed Income) Market Performance vs. Exchange (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 2.91% 76% C+ 39% F
Dividend Return 0.51% 38% F 20% F
Total Return 3.42% 82% B 38% F
Trailing 12 Months  
Capital Gain 0.71% 60% D- 70% C-
Dividend Return 3.02% 53% F 40% F
Total Return 3.73% 67% D+ 69% C-
Trailing 5 Years  
Capital Gain 0.05% 67% D+ 58% F
Dividend Return 15.98% 56% F 45% F
Total Return 16.03% 67% D+ 55% F
Average Annual (5 Year Horizon)  
Capital Gain -0.69% 57% F 38% F
Dividend Return 2.45% 64% D 41% F
Total Return 3.15% 64% D 55% F
Risk Return Profile  
Volatility (Standard Deviation) 2.13% 43% F 92% A
Risk Adjusted Return 115.04% 93% A 93% A
Market Capitalization 1.63B 100% F 90% A-

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.

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.