iShares Convertible Bond Index ETF (CVD.TO)
CVD.TO is a passive ETF by iShares tracking the investment results of the FTSE Canada Convertible Bond Index. CVD.TO launched on Jun 14, 2011 and has a 0.49% expense ratio.
ETF Info
| Issuer | iShares |
|---|---|
| Inception Date | Jun 14, 2011 |
| Region | North America (Canada) |
| Category | High Yield Bonds |
| Index Tracked | FTSE Canada Convertible Bond Index |
| Home Page | www.blackrock.com |
| Asset Class | Bond |
Expense Ratio
The iShares Convertible Bond Index ETF has a high expense ratio of 0.49%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of CA$10,000 in iShares Convertible Bond Index ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
iShares Convertible Bond Index ETF had a return of 3.02% year-to-date (YTD) and 3.61% in the last 12 months. Over the past 10 years, iShares Convertible Bond Index ETF had an annualized return of 3.17%, while the S&P 500 had an annualized return of 10.52%, indicating that iShares Convertible Bond Index ETF did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 3.02% | 6.92% |
| 1 month | 0.89% | -2.83% |
| 6 months | 12.65% | 23.86% |
| 1 year | 3.61% | 23.33% |
| 5 years (annualized) | 3.06% | 11.66% |
| 10 years (annualized) | 3.17% | 10.52% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.15% | 1.56% | 0.83% | |||||||||
| 2023 | -3.80% | -4.91% | 3.32% | 6.40% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
iShares Convertible Bond Index ETF(CVD.TO)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for iShares Convertible Bond Index ETF (CVD.TO) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
iShares Convertible Bond Index ETF granted a 5.36% dividend yield in the last twelve months. The annual payout for that period amounted to CA$0.89 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | CA$0.89 | CA$0.87 | CA$0.84 | CA$0.85 | CA$0.82 | CA$0.83 | CA$0.87 | CA$0.88 | CA$0.85 | CA$0.88 | CA$1.01 | CA$0.96 |
Dividend yield | 5.36% | 5.33% | 5.05% | 4.61% | 4.48% | 4.52% | 4.97% | 4.65% | 4.51% | 4.94% | 5.30% | 5.00% |
Monthly Dividends
The table displays the monthly dividend distributions for iShares Convertible Bond Index ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | CA$0.08 | CA$0.07 | CA$0.08 | |||||||||
| 2023 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.08 | CA$0.08 |
| 2022 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 |
| 2021 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.08 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 |
| 2020 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 |
| 2019 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 |
| 2018 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 |
| 2017 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 |
| 2016 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 |
| 2015 | CA$0.08 | CA$0.08 | CA$0.08 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 | CA$0.07 |
| 2014 | CA$0.08 | CA$0.08 | CA$0.08 | CA$0.08 | CA$0.08 | CA$0.08 | CA$0.08 | CA$0.08 | CA$0.08 | CA$0.08 | CA$0.08 | CA$0.12 |
| 2013 | CA$0.08 | CA$0.08 | CA$0.08 | CA$0.08 | CA$0.08 | CA$0.08 | CA$0.08 | CA$0.08 | CA$0.08 | CA$0.08 | CA$0.08 | CA$0.08 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the iShares Convertible Bond Index ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the iShares Convertible Bond Index ETF was 23.51%, occurring on Mar 23, 2020. Recovery took 170 trading sessions.
The current iShares Convertible Bond Index ETF drawdown is 1.02%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -23.51% | Feb 21, 2020 | 22 | Mar 23, 2020 | 170 | Nov 24, 2020 | 192 |
| -14.62% | Oct 29, 2021 | 519 | Nov 22, 2023 | — | — | — |
| -9.62% | Jul 27, 2011 | 48 | Oct 4, 2011 | 65 | Jan 9, 2012 | 113 |
| -9.6% | Aug 20, 2014 | 356 | Jan 20, 2016 | 55 | Apr 8, 2016 | 411 |
| -6.16% | Aug 13, 2018 | 94 | Dec 24, 2018 | 48 | Mar 6, 2019 | 142 |
Volatility
Volatility Chart
The current iShares Convertible Bond Index ETF volatility is 1.82%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.