
TSE:XDV
This summary was created by AI, based on 2 opinions in the last 12 months.
The iShares Cdn Dividend ETF (XDV-T) is recommended for its strong performance in comparison to other Canadian dividend strategies, specifically XEI. It boasts a higher concentration in the banking and financial sectors, with financials comprising 36% and insurance 15% of its holdings. However, experts note that financial valuations are becoming stretched, suggesting that investors who are heavily weighted in this ETF might consider taking some profits. XEI, on the other hand, offers slightly better diversification with 25% in financials and only 6% in insurance, providing a potential for greater upside. Moreover, for investors seeking a monthly income with a focus on global diversification, it’s suggested to consider options like VDY or CYH for better opportunities.
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.