Global exchange-traded fund - iShares S&P/TSX Canadian Dividend Aristocrats Income Fund ETF

CANA

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 Month3 Month6 Month1 Year
CDZ-1.0-5.7-3.81.7
MSCI CANADA-0.6-3.1-2.37.4

SECTION 1

ISHARES S&P/TSX CANADIAN DIVIDEND ARISTOCRATS INCOME FUND ETF BEARISH SIGNALS

1.1 Technicals:

+ 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:

DescriptionValueRank In Market
Price Change %-0.5In Bottom Quartile

SECTION 2

ISHARES S&P/TSX CANADIAN DIVIDEND ARISTOCRATS INCOME FUND ETF BULLISH SIGNALS

2.1 Technicals:

+ 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.

SECTION 3

PRICE VOLUME DYNAMICS

3.1 Technicals:

+ 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.

PV$10001-week1-month1-year
CDZ.T9959941,060
Morgan Stanley Capital International World Index [MSCI World]1,0031,0181,145
Morgan Stanley Capital International Canada Index9991,0011,074

3.2 Performance Indicator:

DescriptionValueRank In Market
Today's TurnoverCAD327,263 (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%.

201720162015201420132012
Close26.0224.7225.526.422.4421.4
% Price Change5.3-3.1-3.417.64.9-0.9
Avg Daily Volume25,60037,75049,62576,43059,60656,824
VWP26.223.5426.2924.3922.5721.34
Turnover Period6 yrs 7 mo4 yrs 3 mo3 yrs 21 d2 yrs 3 mo2 yrs 7 mo2 yrs 8 mo
Price Range24.28 - 27.4420.34 - 25.6821.28 - 27.522.37 - 26.6421.26 - 23.8317.93 - 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.

3.4 Beta:

+ 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.

SECTION 4

RANKING

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.

DescriptionValueRankQuartile
Net Assets (US$)900.4M662Top
Price/NAV1.01391Top
Rel Strength 6 Mo (US$)492940Third
PV$1000 (1Year) US$*1,1052408Second

* 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]

DescriptionValueRank
Net Assets (CAD)1.1B27
Rel Strength 6 Mon (CAD)74141
PV1000-1Year (CAD)1,060216

SECTION 5

PROFILE

5.1 Description

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.

5.2 SNAPSHOT

iShares S&P/TSX Canadian Dividend Aristocrats Index ETF (TSX:CDZ)

ISIN: CA46433F1062

Inception DateSeptember 07, 2006
Expense Ratio0.7% of average net assets
CategoryBroad Market-Equity
Fund Family NameBlackRock
Asset ClassEquity 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

SECTION 6

DIVIDEND

Dividend:0.1
Dividend Date:June 23, 2017
Dividend Yield:4.2%
Annual Dividend:CAD1.08

SECTION 7

TOP HOLDINGS

7.1 Top Holdings (February 21, 2017)

HoldingsWeight (%)
Aimia Inc3.1
Corus Entertainment Inc2.8
Northview Apartment Real Estat2.8
Alaris Royalty Corp2.2
Gibson Energy Inc2.2
IGM Financial Inc2
Granite Real Estate Investment1.9
Gluskin Sheff + Associates Inc1.9
Russel Metals Inc1.9
AltaGas Ltd1.9

CDZ.TO

Source: www.BuySellSignals.com