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XSTB

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Analysis and statistics

  • Open
    19.8554$
  • Previous Close
    19.8554$
  • 52 Week Change
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  • Day Range
    0.00$
  • 52 Week High/Low
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  • Dividend Per Share
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  • Market cap
    --$
  • EPS
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  • Beta
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  • Volume
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About

XSTB.TO is the ticker symbol for the iShares Core Canadian Short Term Bond Index ETF. This Exchange Traded Fund (ETF) is designed to track the performance of a broad, Canadian-dollar denominated, investment-grade, short-term fixed income market. Specifically, it aims to replicate the FTSE Canada Short Term Bond Index. The fund provides investors with exposure to a diversified portfolio of Canadian government and corporate bonds with relatively short maturities, generally less than five years. It is traded on the Toronto Stock Exchange (TSX).

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Factors

Underlying Bond Market Conditions: XSTB.TO's price heavily depends on the Canadian bond market's health. Rising interest rates generally lower bond prices, impacting the ETF negatively.

Supply and Demand for the ETF: High demand pushes the price up, while increased selling pressure can lead to price declines, independent of bond values.

Credit Risk of Holdings: If the creditworthiness of bonds within the XSTB.TO portfolio weakens, this will decrease its value.

Management Fees and Expenses: The ETF's expense ratio slightly reduces returns, thereby affecting the overall price in the long term.

Inflation Expectations: Higher inflation anticipation can lead to higher interest rates, which, again, negatively impact bond prices within the ETF.

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