
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 garnered positive attention from market experts, with many considering it a top pick due to its consistent performance and the potential for growth over time. Observations highlight that this ETF has appreciated by 16% as of July 2025, reinforcing its status as a core holding for investors. Experts recommend buying on dips, indicating a belief that it presents opportunities for gains during market fluctuations. The general sentiment expresses confidence in its upward trajectory, suggesting that patient investors could benefit significantly from maintaining or adding to their positions in this ETF.
Buy a hedged ETF when Canadian dollar is lower? Currency decisions are an active part of their process, they are active on currency decisions, and then they use passive ETFs. Not hedged on anything right now. Canadian dollar is stuck in a range between 0.75 and 0.77 cents. Doesn’t think Canada will raise interest rates as fast as US, which means the Canadian dollar will come under pressure. If you are buying S&P now, you are buying it for a long-term portfolio with 2-5 years horizon, because in the near term you are probably not going to get much out of it. XSP is currency hedged. XUS is not currency hedged, and it’s his ETF of choice in the US. XSP should be in a portfolio and replace big US stocks. His opinion is to don’t edge it. XUS definitively affordable at 0.10% MER. You have to really watch the underlying costs when putting an ETF in your portfolio.
In his 41 years experience, he’s never come across anyone who is any good at picking currencies consistently. Buying something hedged will sometimes work for you, but sometimes won’t, and you don’t really know ahead of time. You pay for the hedge as it is built into the cost of running that portfolio. He doesn’t believe in hedging.
iShares S&P 500 (CAD-Hedged) (XSP-T) or iShares Russell 2000 (CAD-Hedged) (XSU-T)? He frequently talks about factor investing, and one of the factors that is very real and very tangible is the small caps outperforming large caps over time. As a result, he expects XSU will give slightly higher returns, although it is a bit more volatile.