HBP S&P/TSX 60 Index ETF (HXT.TO) Buy, Sell…

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HBP S&P/TSX 60 Index ETF (HXT.TO)

92.56

+0.08 (0.09%)

as of Jun 30, 2026, 7:59:57 pm Market Open.

61 watching

BUY

Top 60 in the TSX. Absolutely nothing wrong with it as a representation of the TSX.

WEAK BUY

No distributions, so does a sale trigger a capital gain or loss instead of dividend income?

Any sale triggers either a capital loss or gain. It depends on the election you made with CRA on your exact tax treatment. Capital gains are the most efficient tax treatment.

Benefit of CRA and dividends only comes from Canadian companies. So, even if you have an ETF that pays a distribution that comes from European or American companies, that dividend is treated as income even though it comes through a Canadian ETF.

He very much likes the Global X series of corporate class ETFs. They give you broad exposure to markets but don't have those distributions, so they're a bit more tax-efficient. Now, there are some additional costs in there to create those structures. As well, it really depends on your tax rate whether they're a really big benefit to an individual. More benefit to those in higher tax brackets than in lower ones.

WEAK BUY

Earnings growth only, no distributions.

Total return ETF. Not based on an index. Done on a swap basis instead. Takes the theoretical distributions and puts them into the price of the stock, so there is no distribution.

BUY

Older EFT with lots of history. Very low fees (perhaps cheapest in Canada). Does not pay distributions, good for capital appreciation. Overall, a great product.

COMMENT

XIC is slightly different because it's capped, but will pay distributions. HXT does not pay, but compounds gains within the ETF.

COMMENT

HXT or XIC. HXT has little or no capital distribution - gains are compounded inside so little extra tax paid. XIC has a slightly different makeup and distributes gains to unit holders.

COMMENT

Returns are very similar. A broader TSX exposure do beat large caps, and other times it's the opposite. When banks and energy does well, HXT does better. HXT has a slightly better tax structure.

COMMENT

XIU has a slightly higher MER. HXT does not distribute the income but is capitalized into the portfolio holdings. It makes it a capital gain than dividend income. The redemption cost is also a factor. Would prefer HXT all things considered.

COMMENT

HXT-T vs. XIU-T. They have basically identical holding but one pays a dividend so has different tax treatment. He is indifferent. In a TFSA, there is no reason to not to use the XIU-T.

PAST TOP PICK

(A Top Pick Oct 18/18, Up 9%) At the time they were feeling pretty good about Canada and they still are. Total return swap. Derivative contracts. The cheapest ETF in Canada at only 0.03% MER. Because of the uncertainty around its derivative structure its hard to say if its tax efficiency will cary forward in exactly the same way.

COMMENT

An inverse ETF such as XIV-N might be leveraged -- and he will never touch leveraged funds. XIV-N was actually liquidated as investors lost 90% of their investment. He thinks HXT-T is non-leveraged. You can be on the right side of the market, yet still lose money on a leveraged fund. The leveraged funds are really for day traders only.

BUY

They do a complicated derivative swap, so what happens if there's a default? Yes, this is a swapped-based ETF, which means you don't get paid any dividend. It's a swap; complicated, but basically you get the same return as the index. Horizons has been doing this kind of ETF for a long time. He's comfortable with this ETF.

TOP PICK

A play on the blue chip stocks. It is Canada's cheapest at 3 basis points. It is swap based so pays no dividends. Canada is one of the better priced markets in the world.

COMMENT

This is a great representation of the TSX60. It is swap based, so this will not lead to any taxable distributions and a low MER.

PAST TOP PICK

(Past Top Pick, Sept. 21, 2017, Up 11%) It's for people who don't want income/yield (and lead to a better tax position). This ETF is swap-based and adds a little more risk. But he isn't worried about it.

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HBP S&P/TSX 60 Index ETF (HXT.TO) Frequently Asked Questions

What is HBP S&P/TSX 60 Index ETF stock symbol?

HBP S&P/TSX 60 Index ETF is a Canadian stock, trading under the symbol HXT.TO (previously HXT-T on Stockchase) on the Toronto Stock Exchange (HXT-CT). It is usually referred to as TSX:HXT or HXT.TO

Is HBP S&P/TSX 60 Index ETF a buy or a sell?

In the last year, no analyst issued a Buy, Sell, or Hold rating on HXT.TO (previously HXT-T on Stockchase) on Stockchase. Read the latest expert commentary for HBP S&P/TSX 60 Index ETF.

Is HBP S&P/TSX 60 Index ETF a good investment or a top pick?

HBP S&P/TSX 60 Index ETF was recommended as a Top Pick by John Hood on 2018-08-15. Read the latest stock experts ratings for HBP S&P/TSX 60 Index ETF.

Why is HBP S&P/TSX 60 Index ETF stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for HBP S&P/TSX 60 Index ETF.

Is HBP S&P/TSX 60 Index ETF worth watching?

HBP S&P/TSX 60 Index ETF is followed by 61 investors on Stockchase and is a trending stock that is worth watching.

What is HBP S&P/TSX 60 Index ETF stock price?

On 2026-06-30, HBP S&P/TSX 60 Index ETF (HXT.TO) stock closed at a price of $92.56.

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

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HBP S&P/TSX 60 Index ETF (HXT.TO)