(TQCD) TD Q Canadian Dividend - Ratings and Ratios

The TD Q Canadian Dividend ETF (TQCD) is a Canadian equity ETF that tracks the Morningstar Canada GR CAD index, focusing on dividend-paying stocks. This ETF is designed to provide investors with a diversified portfolio of Canadian dividend-paying equities, aiming to generate income and potentially lower volatility.

From a performance perspective, TQCD has demonstrated a stable trend, with its current price of $21.80 being at its 52-week high. The ETFs moving averages indicate a positive short-term and long-term trend, with the SMA20, SMA50, and SMA200 at $21.50, $20.88, and $19.73, respectively. This suggests a steady increase in value over time.

In terms of key performance indicators (KPIs), the ETFs dividend yield is a crucial metric. Although not directly provided, we can infer that the funds focus on dividend-paying stocks is likely to result in a relatively attractive yield compared to the broader Canadian market. The AUM of $382.13M CAD indicates a moderate level of investor interest, which can contribute to liquidity. To further evaluate TQCDs performance, we can consider metrics such as the expense ratio, tracking error, and dividend payout consistency.

To make an informed investment decision, its essential to assess TQCDs holdings, sector allocation, and overall portfolio composition. The ETFs tracking of the Morningstar Canada GR CAD index implies a diversified portfolio with a mix of Canadian equities across various sectors. Investors should evaluate the funds concentration risk, sector bias, and potential exposure to specific industries or companies.