
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) is recognized for its diverse basket of Canadian equities, featuring major large-cap companies like Royal Bank of Canada (RY), Toronto-Dominion Bank (TD), and Shopify (SHOP). Reviews highlight its strong performance amidst a rebounding TSX market, with yields hovering around 2% to 2.3%. Comparatively, experts note that XIC offers a more extensive exposure to small- and mid-cap stocks than TSX 60 (XIU), making it a riskier yet potentially rewarding choice for investors seeking growth. While some suggest alternatives like XEI and VDY suitable for those focused on yield, the ETF's balanced allocation across sectors, including financials and energy, positions it as a reasonable bet for investors who are underweight in Canadian equities. Investors should weigh their comfort levels regarding risk and volatility while considering their return expectations.
(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.