
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) provides investors with a broad basket of Canadian equities, primarily large-cap names like RY, TD, and SHOP. Its performance has benefited from a strong TSX recovery, which has led to a yield of approximately 2%. While some experts prefer other options like XEI or VDY for different reasons, XIC presents as a more diversified choice with exposure to multiple sectors, although it may lean heavily toward financials and energy. The notable comparison between XIC and XIU is significant, as XIC includes small- and mid-cap stocks that can offer higher returns but bring increased risk and volatility. XIC’s lower dividend yield compared to VDY suggests it's designed for overall growth rather than high income, catering to investors comfortable with a broader market exposure.
(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.