iShares Cdn Corp Bond ETF

XCB-T

Analysis and Opinions about XCB-T

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
May 15, 2018

Better than XBB? He's using the US investment-grade bond index from BMO (can't remember the ticker) rather than XCB. He owns the unhedged version. Buy the hedged one if you don't want to take the currency risk.

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Better than XBB? He's using the US investment-grade bond index from BMO (can't remember the ticker) rather than XCB. He owns the unhedged version. Buy the hedged one if you don't want to take the currency risk.

COMMENT
COMMENT
July 5, 2017

How will this and XGB be affected by a possible interest rate hike? He is not sure that if the Bank of Canada raises short rates, it will have a huge impact in Canada. The bigger question is what the Federal Reserve is going to do with their bond portfolio. If they start to focus on the longer part of the yield curve, that is going to be a negative for Canada. He would prefer corporates over governments and would hang on to this one, using XGB to go into another part of the market, such as a preferred share ETF, or look into the US market.

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How will this and XGB be affected by a possible interest rate hike? He is not sure that if the Bank of Canada raises short rates, it will have a huge impact in Canada. The bigger question is what the Federal Reserve is going to do with their bond portfolio. If they start to focus on the longer part of the yield curve, that is going to be a negative for Canada. He would prefer corporates over governments and would hang on to this one, using XGB to go into another part of the market, such as a preferred share ETF, or look into the US market.

COMMENT
COMMENT
February 1, 2016

The average maturity of a corporate bond index would probably be 6-7 years. Doesn’t like the iShares product line, and prefers the laddered ETF’s to the street corporate bond ones. Nevertheless, corporate bond yields have widened out so far from government bonds, that he thinks there is going to be a very good compounding effect by owning corporate bonds from this point on, especially in the low inflation environment.

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The average maturity of a corporate bond index would probably be 6-7 years. Doesn’t like the iShares product line, and prefers the laddered ETF’s to the street corporate bond ones. Nevertheless, corporate bond yields have widened out so far from government bonds, that he thinks there is going to be a very good compounding effect by owning corporate bonds from this point on, especially in the low inflation environment.

COMMENT
COMMENT
February 27, 2015

Corporate bond ETF’s. Corporate bonds are somewhat interest rate sensitive, so you want to watch where interest rates are going. When you look at long-term treasury yields, they are going to stay low for longer and he doesn’t see a substantial move in interest rates.

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Corporate bond ETF’s. Corporate bonds are somewhat interest rate sensitive, so you want to watch where interest rates are going. When you look at long-term treasury yields, they are going to stay low for longer and he doesn’t see a substantial move in interest rates.

COMMENT
COMMENT
September 4, 2014

Duration of this fund is just under 6 years. The risk is that it drops 6-12% over the next 2 years if rates rise.

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Duration of this fund is just under 6 years. The risk is that it drops 6-12% over the next 2 years if rates rise.

Joey Mack

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Price
$21.350
Owned
Unknown
SELL
SELL
May 26, 2014

Thinks interest rates on a 10 year bond will probably be close to 3% by year-end. He is not a believer that interest rates are going to explode at the back end and rise dramatically. Feels the demographics in the marketplace have put us into a position where people are starved for yield and are buying any kind of income instrument they can, including bonds. That huge demand for these kinds of products may actually suppress interest rates. Higher interest rates are good for banks and that is why he is in banks. He would switch from the XCB to iShares 1-5 yr laddered corporate bond fund (CBO-T). You are still in corporate bonds, but they are bonds that are callable within 5 years, so you are getting a very good yield, equal to what you are getting on the XCB and theoretically you are having a lower duration.

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Thinks interest rates on a 10 year bond will probably be close to 3% by year-end. He is not a believer that interest rates are going to explode at the back end and rise dramatically. Feels the demographics in the marketplace have put us into a position where people are starved for yield and are buying any kind of income instrument they can, including bonds. That huge demand for these kinds of products may actually suppress interest rates. Higher interest rates are good for banks and that is why he is in banks. He would switch from the XCB to iShares 1-5 yr laddered corporate bond fund (CBO-T). You are still in corporate bonds, but they are bonds that are callable within 5 years, so you are getting a very good yield, equal to what you are getting on the XCB and theoretically you are having a lower duration.

BUY
BUY
October 15, 2013

They are relatively active with managing these things. They have managed the problem of bonds having to be bought at premium prices and then they mature at a loss. Likes this one. XSB-T is also good. They also had very little capital losses from maturing bonds.

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They are relatively active with managing these things. They have managed the problem of bonds having to be bought at premium prices and then they mature at a loss. Likes this one. XSB-T is also good. They also had very little capital losses from maturing bonds.

John Hood

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Price
$20.630
Owned
Unknown
COMMENT
COMMENT
July 4, 2013

What is the basic difference between the Horizons Active Corporation Bond (HAB-T) and iShares DEX All Corporate Bond (XCB-T) ETFs? He is more familiar with the XCB. He knows they are both fine. Doesn’t know enough about HAB to give you a real contrast. This one is Corporate bonds in Canada, so it is very broadly diversified. Reasonably low cost. He would feel that the one with a lower cost is the better product.

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What is the basic difference between the Horizons Active Corporation Bond (HAB-T) and iShares DEX All Corporate Bond (XCB-T) ETFs? He is more familiar with the XCB. He knows they are both fine. Doesn’t know enough about HAB to give you a real contrast. This one is Corporate bonds in Canada, so it is very broadly diversified. Reasonably low cost. He would feel that the one with a lower cost is the better product.

DON'T BUY
DON'T BUY
December 12, 2012

This has had a great year and the units are up about 10%. Moving forward, you have to be ready for a different rate of return. Double-digit rates of return are not a realistic expectation for 2013. Feels corporate bonds will outperform treasury bonds but that would be 2%-3% in 2013.

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This has had a great year and the units are up about 10%. Moving forward, you have to be ready for a different rate of return. Double-digit rates of return are not a realistic expectation for 2013. Feels corporate bonds will outperform treasury bonds but that would be 2%-3% in 2013.

BUY
BUY
November 8, 2012

He generally prefers the ladder. XCB follows all corporate bonds that make up the benchmark. The various ladders from Claymore and BMO smooth out the returns but otherwise there is not much difference.

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He generally prefers the ladder. XCB follows all corporate bonds that make up the benchmark. The various ladders from Claymore and BMO smooth out the returns but otherwise there is not much difference.

BUY
BUY
October 16, 2012

He doesn't have any signal that rates are going higher so for the time being you will collect a nice yield from this. Thinks you will be okay for a while yet.

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He doesn't have any signal that rates are going higher so for the time being you will collect a nice yield from this. Thinks you will be okay for a while yet.

COMMENT
COMMENT
August 9, 2012

Has done very well. Will depend on where interest rates are going. These are high quality bonds and will act little bit closer to what long-term government bonds are going to do. If you are a believer that interest rates will remain low for some time, you get a good yield of around 3.8%-4%. If rates start to move up, then you have to be careful.

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Has done very well. Will depend on where interest rates are going. These are high quality bonds and will act little bit closer to what long-term government bonds are going to do. If you are a believer that interest rates will remain low for some time, you get a good yield of around 3.8%-4%. If rates start to move up, then you have to be careful.

BUY
BUY
August 2, 2012

This would be if you just want to just buy the bond market itself. Federal government, provincial government and corporate bonds all blended in. It will produce the average return of the bond market and is very safe. It will provide you decent income.

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This would be if you just want to just buy the bond market itself. Federal government, provincial government and corporate bonds all blended in. It will produce the average return of the bond market and is very safe. It will provide you decent income.

BUY
BUY
July 23, 2012
A bond ETF that has a sort of mid-duration where you can pick up some yields over the treasuries.
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A bond ETF that has a sort of mid-duration where you can pick up some yields over the treasuries.
BUY
BUY
July 4, 2012
Holds a basket of Cdn corporate bonds. This is the place you want to be in for the Cdn bond market. When rates rise, this will get hurt along with other ETFs but this should outperform as you have the extra yield cushion in it.
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Holds a basket of Cdn corporate bonds. This is the place you want to be in for the Cdn bond market. When rates rise, this will get hurt along with other ETFs but this should outperform as you have the extra yield cushion in it.
Joey Mack

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Price
$21.380
Owned
Unknown
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