Global exchange-traded fund - iShares S&P/TSX Canadian Dividend Aristocrats Income Fund ETF
iShares S&P/TSX Canadian Dividend Aristocrats Income Fund ETF decreases 0.5% 24 July, 2017
NEWS BITES - ETF
iShares S&P/TSX Canadian Dividend Aristocrats Index ETF (TSX:CDZ), the 23rd largest Exchange Traded Fund by market cap in Canada, has decreased 13.50c (or 0.5%) from its last trading session of July 21, 2017 to close at CAD25.71. Compared with the Morgan Stanley Capital International Canada Index which fell 17.3 points (0.3%) in the day, the relative price change was -0.2%. The volume was 0.5 times the average daily trading of 24,874 units. The ETF fell for a third day on Monday bringing its three-day fall to 27.50c or 1.1%.
|Price Change %||1 Month||3 Month||6 Month||1 Year|
ISHARES S&P/TSX CANADIAN DIVIDEND ARISTOCRATS INCOME FUND ETF BEARISH SIGNALS
+ The price decreased 0.5% in the last week and 1.0% in the last month.
+ Falls to Rises: in the past month the number of falls outnumbered rises 13:7 or 1.9:1.
1.2 Low Performance Indicator:
|Description||Value||Rank In Market|
|Price Change %||-0.5||In Bottom Quartile|
ISHARES S&P/TSX CANADIAN DIVIDEND ARISTOCRATS INCOME FUND ETF BULLISH SIGNALS
+ The present value of CAD1,000 (PV1000) invested five years ago in iShares S&P/TSX Canadian Dividend Aristocrats Income Fund ETF is CAD1,284, including a capital gain of CAD192 and dividend reinvested of CAD92.
+ 5 years Multiplier in CAD = 1.284x
+ Compound Annual Growth Rate (CAGR) in CAD = 5.1%
Present Value of USD1,000 invested 5 years ago:
+ The present value of USD1,000 (PV1000) invested five years ago in iShares S&P/TSX Canadian Dividend Aristocrats Income Fund ETF is $US1,038, including a capital loss of $US36 and dividend reinvested of $US75.
+ 5 years ago CAD 1 equalled USD 0.9876
+ 5 years Multiplier in USD = 1.038x
+ Compound Annual Growth Rate (CAGR) in USD = 0.8%
2.2 Oversold/Bullish/Support Signals:
+ The ETF is oversold according to the Williams % R indicator of -96.2, suggesting the price is close to its 14-day low of CAD25.70.
PRICE VOLUME DYNAMICS
+ Volume: there were 12,715 units worth CAD327,263 (US$261,319) traded today. In the past week, volume was 0.7 times average and the units were down 0.5%.
+ iShares S&P/TSX Canadian Dividend Aristocrats Income Fund ETF is at a discount of 6.3% to its 12-month high of CAD27.44 on April 10. It is also at a premium of 5.9% to the 12-month low of CAD24.28 on November 04, 2016.
+ The present value of CAD1,000 (PV1000) invested one year ago in iShares S&P/TSX Canadian Dividend Aristocrats Income Fund ETF is CAD1,060, comprising a capital gain of CAD17 and dividend reinvested of CAD43.
|Morgan Stanley Capital International World Index [MSCI World]||1,003||1,018||1,145|
|Morgan Stanley Capital International Canada Index||999||1,001||1,074|
3.2 Performance Indicator:
|Description||Value||Rank In Market|
|Today's Turnover||CAD327,263 (US$261,319)||In 2nd Quartile|
3.3 Year-on-Year Comparison (Trailing year - ended 30 Jun)
In the past 5 years, CDZ has jumped 21.6% from 21.4 to 26.02, an average annual compound rise of 4.0%.
|% Price Change||5.3||-3.1||-3.4||17.6||4.9||-0.9|
|Avg Daily Volume||25,600||37,750||49,625||76,430||59,606||56,824|
|Turnover Period||6 yrs 7 mo||4 yrs 3 mo||3 yrs 21 d||2 yrs 3 mo||2 yrs 7 mo||2 yrs 8 mo|
|Price Range||24.28 - 27.44||20.34 - 25.68||21.28 - 27.5||22.37 - 26.64||21.26 - 23.83||17.93 - 22.63|
In the past 5 years average daily volume has declined 54.9% from 56,824 units to 25,600 units. Turnover period has increased from 2 years 8 months to 6 years 7 months. This indicates a larger number of core investors, making a long-term investment safer.
+ Beta: the Beta is 0.8. A Beta lower than 1 suggests this is a low risk, low return ETF with volatility less than that of the market.
4.1 Global Rank out of 5,758 ETFs
The present value of $US1,000 invested a year ago is $US1,105, ranking it 2408 out of 5,758 ETFs. Its 6-month relative strength (or price percentile rank) in USD is 49.
|Net Assets (US$)||900.4M||662||Top|
|Rel Strength 6 Mo (US$)||49||2940||Third|
|PV$1000 (1Year) US$*||1,105||2408||Second|
* 1 year ago CAD 1 equalled USD 0.7661
Jul 24, 2017: CAD 1 equals USD 0.7985
4.2 Rank in the Total Canada ETF Market [out of 543 ETFs]
|Net Assets (CAD)||1.1B||27|
|Rel Strength 6 Mon (CAD)||74||141|
Claymore CDN Dividend & Income Achievers ETF is an exchange traded fund established in Canada. The Fund seeks to replicate the performance of the Mergent's Canadian Dividend & Income Achievers Index, net of expenses. The Fund consists of Canadian equity and income trust units that have consistently increased their annual dividends and payments to shareholders.
iShares S&P/TSX Canadian Dividend Aristocrats Index ETF (TSX:CDZ)
|Inception Date||September 07, 2006|
|Expense Ratio||0.7% of average net assets|
|Fund Family Name||BlackRock|
|Asset Class||Equity ETF|
5.3 Fund Manager and Management Fees
+ The manager of the ETF is Chuck Craig. The management fee is 0.6% of total assets
|Dividend Date:||June 23, 2017|
7.1 Top Holdings (February 21, 2017)
|Corus Entertainment Inc||2.8|
|Northview Apartment Real Estat||2.8|
|Alaris Royalty Corp||2.2|
|Gibson Energy Inc||2.2|
|IGM Financial Inc||2|
|Granite Real Estate Investment||1.9|
|Gluskin Sheff + Associates Inc||1.9|
|Russel Metals Inc||1.9|