
TSE:XDV
This summary was created by AI, based on 3 opinions in the last 12 months.
iShares Cdn Dividend ETF (XDV-T) is reviewed as a suitable option for investors seeking monthly dividend payments, although it may not provide enough global diversification compared to alternatives like VDY or CYH. The ETF comprises a significant percentage of financials, particularly banks, while energy representatives are less than 30%, leading some experts to advocate for greater diversification through other ETFs like XEI. While XDV has yielded 4.2%, concerns have been raised about its concentration in sectors like banks and life insurance, particularly as BCE has underperformed in comparison. Experts recommend diversifying risk away by considering options like ZWU, which offers a tax-efficient yield and includes a broader range of sectors. Overall, while XDV can be a solid choice for income, investors should be mindful of sector risks and potential lack of diversity.
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.