
TSE:XSP
This summary was created by AI, based on 1 opinions in the last 12 months.
The iShares S&P 500 Index ETF (XSP-T) has received positive reviews from experts, particularly for its hedged version, which is highlighted as a core holding. They suggest that this ETF is well-suited for long-term investment strategies and can be an excellent alternative for generating income, especially for those preferring not to engage in covered call ETFs. The experts emphasize its stability and income-generating potential, making it an attractive choice for investors looking for reliable exposure to the S&P 500 while mitigating some market risks. Overall, this ETF appears to be a solid option for building a diversified portfolio and achieving consistent returns over time.
Investor's talking about a way to use some leverage to get exposure to the market. That's a sophisticated strategy, and he wouldn't recommend it for most people. If the S&P valuation is pretty fully valued, then he doesn't love this strategy here. After a correction, sure.
What he does like a lot right now, with capital preservation in mind, is BMO's series of buffer ETFs. Upside potential, but there the covered call pays for some put protection. For the short term, he's more in the camp of "down" than "up". Long term, you have to love the S&P 500; but you just can't love it at 22x forward PE.
VSP is a hedged version for the S&P index, for those wanting exposure to the S&P but using Canadian dollars. XSP is fairly similar. MER costs are quite low for both. He prefers the market-weighted over the equal-weighted right now. Large and mega-caps will continue to perform well.
His mid-term target for the S&P 500 is 5500, then maybe a pullback in September-October, and then go on to hit 6000 in the first quarter of 2025. Good opportunities in it, even though the market's performed well.
iShares S&P 500 Index ETF is a Canadian stock, trading under the symbol XSP.TO (previously XSP-T on Stockchase) on the Toronto Stock Exchange (XSP-CT). It is usually referred to as TSX:XSP or XSP.TO
In the last year, 1 stock analyst published opinions about XSP.TO (previously XSP-T on Stockchase). 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is PARTIAL BUY. Read the latest stock experts' ratings for iShares S&P 500 Index ETF.
iShares S&P 500 Index ETF was recommended as a Top Pick by Christine Poole on 2022-06-14. Read the latest stock experts ratings for iShares S&P 500 Index ETF.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for help on deciding if you should buy, sell or hold the stock.
1 stock analyst on Stockchase covered iShares S&P 500 Index ETF in the last year. It is a trending stock that is worth watching.
On 2026-06-08, iShares S&P 500 Index ETF (XSP.TO) stock closed at a price of $74.80.
The hedged version. Is a core holding of his. Can hold this a long time and can generate income from it instead of buying a covered call ETF.