
TSE:XDV
This summary was created by AI, based on 3 opinions in the last 12 months.
The iShares Cdn Dividend ETF (XDV) is often compared with the iShares Cdn Select Dividend ETF (XEI), with experts noting that XDV has a higher allocation to financials, specifically a 36% weighting in banks and 15% in insurance. This concentration has led to substantial gains, yet valuations are becoming stretched, prompting some analysts to recommend taking profits if investors are overweight in this sector. In contrast, XEI offers more diversification with a lower exposure to financials, including 25% in banking and 6% in insurance, making it a more balanced option for investors seeking dividend income. Additionally, XEI has a lower Management Expense Ratio (MER) of 22 bps, which could enhance returns over time. While XDV achieves a yield of 4.2%, some experts prefer the increased diversification offered by XEI, as well as considerations for global investments like the VDY or CYH.
Is a basket of names. He prefers HDV as there is more room for growth.
Hasn’t been buying this because he tends to have a lot of banks anyway and this is heavily into the banks. However, this is fine as everyone else is concerned. A good play. You might want to consider that we have had this good dividend play for quite a while now and maybe the thing to be looking at a little bit more is something that is more growth oriented.