
TSE:XEI
This summary was created by AI, based on 10 opinions in the last 12 months.
The iSHARES SP TSX COMP HIGH DIV INDEX ETF (XEI-T) receives favorable reviews from experts, predominantly due to its lower management expense ratio (MER) compared to competitors like CDZ and XDV, and its better overall performance in some cases. Analysts appreciate XEI for its strategy of prioritizing high-dividend payers, believing it strikes a balance between yield and capital appreciation. The ETF has a diversified portfolio, with a lower exposure to banking and financials compared to some of its peers, suggesting potential for upside. Some experts recommend it as a solid choice for Canadian exposure, especially given current market conditions which may favor sectors like energy and banking, though they also caution about existing portfolio concentrations in these areas.
XEI pays a 4.89% dividend yield, trades at an 11x PE and a 0.91 beta. Volumes average 73,300 so daily trading can be a little choppy, but a dealbreaker. XEI charges only a 0.22% MER. If you’re skittish the banks and are an ESG investor, avoid XEI. All others, give this a look. Read Canadian dividend payers for our full analysis.
Likes it for dividends. Lots of large-cap banks and pipelines. Defensive, fairly conservative. Names like TD, CNQ, RY, SU, ENB. Very good dividend yield of 5.1%. Banks are cheap right now, so potential for a pretty good move up. Once interest rates fall, the telcos in this particular ETF will perform well.