
TSE:XIC
This summary was created by AI, based on 4 opinions in the last 12 months.
The iShares Core S&P/TSX Capped Composite Index ETF (XIC-T) has received mixed reviews from experts focusing on its performance and sector exposure. It represents a broad basket of Canadian stocks, heavily weighted towards large-cap names such as Royal Bank of Canada (RY), Toronto-Dominion Bank (TD), and Shopify (SHOP). The ETF has performed well amid a recovery in the TSX, though experts highlight differences in sector allocations compared to other ETFs. Some suggest that XIC provides reasonable exposure for those underweight in Canada, but emphasize that there are alternative options like VDY and XEI that might cater to specific investment goals, especially for income generation through dividends. Overall, the choice between XIC and competitors like XIU reflects one's appetite for risk and return, particularly due to the additional volatility from small and mid-cap stocks included in the composite.
(A Top Pick June 30/17. Up 8%.) That’s a core holdings in all of his portfolio. It’s a little bit more diversified than the XIU-T. He likes both because they both have a liquid options market. From time to time he will buy a Put or sometime he will sell a Call which is quite rare, so he likes the fact that its liquid. These indexes don’t get away from the typical 65-70% of banks, energy, base metals and gold. He would recommend ZIN-T from BMO because it’s industrials rather than being financials and it’s a good complement to the big ones.