Larry Berman CFA, CMT, CTA Horizons Cdn High Dividend HXH-T DON'T BUY Dec 19, 2022

A high dividend Index ETF. Interesting in that it tracks the dividend Index, but doesn’t actually hold the companies. It enters into a Total Return slot and the dividends are accrued, so you will get a distribution from this ETF. If you want yield, there are a lot of others for you, but if you want dividend exposure and you want the reinvestment to be taken care of, this is a potentially attractive new product.

HXH-T vs. HFH-T. They have low volumes and low assets. You don’t have to worry about these. You have the liquidity of the underlying equities in the ETF. If you are actively trading then you don’t want wide spreads. Neither of these are global enough for him.