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TSE:XSP
This summary was created by AI, based on 2 opinions in the last 12 months.
The iShares S&P 500 Index ETF (XSP-T) has emerged as a favored investment choice among experts, with solid endorsements highlighting its performance potential. With one expert designating it as a 'Top Pick' and noting an impressive rise of 16%, it reflects confidence in the ETF's ability to appreciate over time. Another reviewer emphasizes its dual benefit as both a core holding and a viable income-generating tool, recommending it as an alternative to covered call ETFs. The hedged version of the ETF has also been touted as a long-term investment, further showcasing its appeal to investors seeking stability and growth. Overall, the insights point towards the ETF being a reliable option for those looking to enhance their portfolio with a sound financial instrument.
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, 2 stock analysts issued a Buy, Sell, or Hold rating on XSP.TO (previously XSP-T on Stockchase). 2 analysts recommended to BUY and 0 analysts recommended to SELL the stock. The latest stock analyst rating 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 iShares S&P 500 Index ETF.
iShares S&P 500 Index ETF is followed by 153 investors on Stockchase and is a trending stock that is worth watching.
On 2026-06-15, iShares S&P 500 Index ETF (XSP.TO) stock closed at a price of $76.27.
Another core holding. Buy on dips, and it tends to go up over time.