
TSE:XIU
This summary was created by AI, based on 3 opinions in the last 12 months.
The iShares S&P/TSX 60 Index ETF (XIU-T) is recognized by experts as a strong long-term investment, allowing for a deferral of taxable gains and solid market performance, particularly in the Canadian landscape. Comparatively, XIU and XIC are similar products, although XIU captures approximately 80% of the TSX index's weight, leaving out a more volatile segment of small- and mid-cap stocks that can potentially yield higher returns. While resource stocks have recently performed exceptionally well, there are fluctuations where XIU outperforms the composite index during downturns, indicating that it may provide more stability. Furthermore, the Canadian market is currently outperforming its U.S. counterparts, suggesting a promising outlook for XIU in the coming years, especially as international markets, including Canada, appear to be in a favorable position for growth.
How to increase dividends. These are all the same thing. You get exposure to Canadian large caps. There is no diversification by being in all three. ZWU-T should replace one of them to get utilities including pipelines and telcos and less reliance on the banks. Still Canada so you need international. ZWE-T is the best international dividend payers yielding 7% with a covered call overlay. ZWS-T is the best in the US. These are the two to add to the three. These should be in a registered portfolios if you are retired because there is no divined tax credit.
A core holding in a young person’s portfolio? One of the grandaddy ETFs. Big cap stocks in Canada. Pretty good dividend, extremely liquid. Of his Canadian portfolio allocation, his primary holding is XIU. More convenient to buy one stock than it is to turn around to the market and buy the top 15-20 stocks. Cheap, effective, you might as well use it. 0.18% MER.