
TSE:XDV
This summary was created by AI, based on 3 opinions in the last 12 months.
The iShares Cdn Dividend ETF (XDV-T) is viewed positively for its monthly dividend payments; however, experts suggest certain drawbacks in terms of diversification. While it consists of a significant allocation in banks (38-39%) and a smaller portion in energy (less than 30%), some investors may prefer a more balanced approach found in alternatives like XEI. The current yield of XDV is noted to be 4.2%, which is attractive but raises questions about the concentration risk in specific sectors, especially in light of recent underperformance of certain holdings like BCE. An expert advises against replacing BCE with XDV unless BCE constitutes a significant portion of the investor’s portfolio, encouraging overall diversification. For broader exposure and additional safety, investments like ZWU, which include telcos and utilities and offer a higher yield through a covered call strategy, are highlighted as better options.
Is a basket of names. He prefers HDV as there is more room for growth.
Composed of dividend payers, not just dividend growers. He would have a hard time buying it here. But it should have really good support here and would sell on any pullback.