iShares High Quality Canadian Bond Index ETF (XQB.TO)
XQB.TO is a passive ETF by iShares tracking the investment results of the Morningstar Can Core Bd GR CAD. XQB.TO launched on Nov 19, 2009 and has a 0.13% expense ratio.
ETF Info
| Issuer | iShares |
|---|---|
| Inception Date | Nov 19, 2009 |
| Region | North America (Canada) |
| Category | Canadian Government Bonds |
| Leveraged | 1x |
| Index Tracked | Morningstar Can Core Bd GR CAD |
| Home Page | www.blackrock.com |
| Asset Class | Bond |
Expense Ratio
XQB.TO has an expense ratio of 0.13%, which is considered low compared to other funds.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: XQB.TO vs. SCHD, XQB.TO vs. XGRO.TO, XQB.TO vs. XCB.TO, XQB.TO vs. GEQT.TO
Performance
Performance Chart
The chart shows the growth of an initial investment of CA$10,000 in iShares High Quality Canadian 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 High Quality Canadian Bond Index ETF had a return of 4.24% year-to-date (YTD) and 9.97% in the last 12 months. Over the past 10 years, iShares High Quality Canadian Bond Index ETF had an annualized return of 2.00%, while the S&P 500 had an annualized return of 11.43%, indicating that iShares High Quality Canadian Bond Index ETF did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 4.24% | 25.82% |
| 1 month | 1.05% | 3.20% |
| 6 months | 5.98% | 14.94% |
| 1 year | 9.97% | 35.92% |
| 5 years (annualized) | 0.84% | 14.22% |
| 10 years (annualized) | 2.00% | 11.43% |
Monthly Returns
The table below presents the monthly returns of XQB.TO, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -1.06% | -0.27% | 0.27% | -1.62% | 1.38% | 1.31% | 1.85% | 0.91% | 1.64% | -0.87% | 4.24% | ||
| 2023 | 2.81% | -1.89% | 1.99% | 1.10% | -1.62% | 0.03% | -0.89% | -0.29% | -2.01% | 0.21% | 3.95% | 3.15% | 6.51% |
| 2022 | -2.86% | -0.98% | -2.74% | -3.13% | -0.05% | -1.96% | 3.38% | -2.26% | -0.75% | -0.86% | 2.61% | -1.34% | -10.61% |
| 2021 | -1.12% | -2.42% | -1.31% | 0.10% | 0.59% | 0.82% | 1.00% | -0.18% | -1.27% | -1.05% | 0.69% | 1.36% | -2.84% |
| 2020 | 2.70% | 0.53% | -3.18% | 4.84% | 0.48% | 1.67% | 1.19% | -0.88% | 0.06% | -0.53% | 0.88% | 0.47% | 8.32% |
| 2019 | 1.21% | 0.12% | 2.13% | 0.12% | 1.56% | 0.68% | -0.03% | 1.92% | -1.05% | 0.02% | 0.45% | -1.16% | 6.05% |
| 2018 | -0.72% | 0.07% | 0.81% | -0.72% | 0.64% | 0.33% | -0.48% | 0.57% | -0.82% | -0.58% | 0.98% | 1.34% | 1.38% |
| 2017 | -0.13% | 0.99% | 0.21% | 1.22% | 0.78% | -1.03% | -1.86% | 1.19% | -1.30% | 1.45% | 0.79% | -0.66% | 1.61% |
| 2016 | 0.46% | 0.27% | 0.61% | -0.35% | 1.04% | 1.55% | 0.59% | 0.12% | 0.03% | -0.59% | -1.96% | -0.36% | 1.38% |
| 2015 | 4.09% | 0.10% | -0.19% | -1.26% | 0.14% | -0.23% | 0.66% | -0.44% | -0.35% | -0.40% | 0.03% | 1.24% | 3.35% |
| 2014 | 2.28% | 0.55% | 0.24% | 0.19% | 1.24% | 0.07% | 0.44% | 0.88% | -0.24% | 0.19% | 1.37% | 0.73% | 8.19% |
| 2013 | -0.93% | 1.06% | -0.02% | 1.19% | -1.98% | -1.73% | 0.02% | -0.52% | 0.48% | 0.78% | 6.07% | -0.58% | 3.66% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of XQB.TO is 53, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for iShares High Quality Canadian Bond Index ETF (XQB.TO) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
iShares High Quality Canadian Bond Index ETF provided a 3.17% dividend yield over the last twelve months, with an annual payout of CA$0.61 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | CA$0.61 | CA$0.55 | CA$0.50 | CA$0.50 | CA$0.52 | CA$0.53 | CA$0.52 | CA$0.52 | CA$0.55 | CA$0.59 | CA$0.61 | CA$1.68 |
Dividend yield | 3.17% | 2.93% | 2.75% | 2.37% | 2.37% | 2.53% | 2.59% | 2.54% | 2.67% | 2.80% | 2.94% | 8.49% |
Monthly Dividends
The table displays the monthly dividend distributions for iShares High Quality Canadian 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 | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | CA$0.05 | CA$0.05 | CA$0.05 | CA$0.05 | CA$0.05 | CA$0.05 | CA$0.05 | CA$0.05 | CA$0.05 | CA$0.05 | CA$0.00 | CA$0.51 | |
| 2023 | CA$0.04 | CA$0.05 | CA$0.04 | CA$0.05 | CA$0.05 | CA$0.05 | CA$0.05 | CA$0.05 | CA$0.05 | CA$0.05 | CA$0.05 | CA$0.05 | CA$0.55 |
| 2022 | CA$0.04 | CA$0.04 | CA$0.04 | CA$0.04 | CA$0.04 | CA$0.04 | CA$0.04 | CA$0.04 | CA$0.04 | CA$0.04 | CA$0.04 | CA$0.05 | CA$0.50 |
| 2021 | CA$0.04 | CA$0.04 | CA$0.04 | CA$0.04 | CA$0.04 | CA$0.04 | CA$0.04 | CA$0.04 | CA$0.04 | CA$0.04 | CA$0.04 | CA$0.04 | CA$0.50 |
| 2020 | CA$0.04 | CA$0.04 | CA$0.04 | CA$0.04 | CA$0.04 | CA$0.04 | CA$0.04 | CA$0.04 | CA$0.04 | CA$0.04 | CA$0.04 | CA$0.04 | CA$0.52 |
| 2019 | CA$0.04 | CA$0.04 | CA$0.04 | CA$0.04 | CA$0.04 | CA$0.04 | CA$0.04 | CA$0.04 | CA$0.04 | CA$0.04 | CA$0.04 | CA$0.04 | CA$0.53 |
| 2018 | CA$0.04 | CA$0.04 | CA$0.04 | CA$0.04 | CA$0.04 | CA$0.04 | CA$0.04 | CA$0.04 | CA$0.04 | CA$0.04 | CA$0.04 | CA$0.05 | CA$0.52 |
| 2017 | CA$0.04 | CA$0.04 | CA$0.04 | CA$0.04 | CA$0.04 | CA$0.04 | CA$0.04 | CA$0.04 | CA$0.04 | CA$0.04 | CA$0.04 | CA$0.04 | CA$0.52 |
| 2016 | CA$0.05 | CA$0.05 | CA$0.05 | CA$0.05 | CA$0.05 | CA$0.05 | CA$0.05 | CA$0.05 | CA$0.05 | CA$0.04 | CA$0.04 | CA$0.04 | CA$0.55 |
| 2015 | CA$0.05 | CA$0.05 | CA$0.05 | CA$0.05 | CA$0.05 | CA$0.05 | CA$0.05 | CA$0.05 | CA$0.05 | CA$0.05 | CA$0.05 | CA$0.05 | CA$0.59 |
| 2014 | CA$0.05 | CA$0.05 | CA$0.06 | CA$0.05 | CA$0.05 | CA$0.05 | CA$0.05 | CA$0.05 | CA$0.05 | CA$0.05 | CA$0.05 | CA$0.05 | CA$0.61 |
| 2013 | CA$0.05 | CA$0.05 | CA$0.05 | CA$0.05 | CA$0.05 | CA$0.05 | CA$0.04 | CA$0.04 | CA$0.04 | CA$0.04 | CA$1.18 | CA$0.04 | CA$1.68 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the iShares High Quality Canadian 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 High Quality Canadian Bond Index ETF was 16.57%, occurring on Oct 20, 2022. The portfolio has not yet recovered.
The current iShares High Quality Canadian Bond Index ETF drawdown is 3.88%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -16.57% | Aug 7, 2020 | 549 | Oct 20, 2022 | — | — | — |
| -11.47% | Mar 9, 2020 | 9 | Mar 19, 2020 | 57 | Jun 10, 2020 | 66 |
| -5.37% | May 1, 2013 | 89 | Sep 10, 2013 | 54 | Nov 26, 2013 | 143 |
| -4.11% | Sep 30, 2016 | 54 | Dec 15, 2016 | 512 | Jan 3, 2019 | 566 |
| -4.02% | Nov 14, 2011 | 86 | Mar 19, 2012 | 177 | Nov 29, 2012 | 263 |
Volatility
Volatility Chart
The current iShares High Quality Canadian Bond Index ETF volatility is 1.33%, 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.