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Investor Insights

This summary was created by AI, based on 5 opinions in the last 12 months.

Experts generally agree that iShares S&P/TSX 60 Index ETF (XIU-T) is a good long-term investment. It holds a diverse range of stocks, with a focus on large cap Canadian names, and has a solid dividend yield. However, its performance is closely tied to the success of Canadian banks and the overall TSX, which has been limited by the poor performance of banks in recent times. Despite this, experts believe XIU will outperform in the coming years due to its energy and banks holdings.

Consensus
Positive
Valuation
Fair Value
Similar
XIU-T,IXJ
BUY

Oldest ETF in the world (launched in the 1990s). Cheaper ETF's but overall, a great product. Over the long term, good product. 

investment companies / funds
BUY

Excellent growth option. Lots of tech, consumer and healthcare stocks. Would recommend buying for the long term. 

investment companies / funds
BUY ON WEAKNESS

Banks have down poorly this which has limited the TSX, though oil has gone up. You need the financials to do well for XIU to do well. But in the long run, this will outperform in coming years.

investment companies / funds
Unspecified

It holds a basket of large cap Canadian names and he likes it for the energy and banks holdings. The TSX 60 is not as far ahead as its counterparts in the U.S.

investment companies / funds
HOLD

Well know ETF with ~3.4% dividend yield.
Canadian banks, utilities and infrastructure included.
Good ETF, but prefers XEI.

investment companies / funds
BUY
Allan Tong’s Discover Picks XIU stock charges only a 0.18% MER but pays a 3.02% dividend yield. Averaging 3,000,000 shares a day, XIU is fairly liquid, over six times more than, say, XIC-T. The biggest holding here is Shopify which has been quietly making a comeback, followed by Royal and TD, the country’s biggest banks. Enbridge, CN, BAM and the other banks are also major holdings and well-regarded by investors. XIU is a cautious trade, one that an investor can enter and exit at a profit. Read 3 Defensive Stocks to Catch the Rebound for our full analysis.
investment companies / funds
BUY
XIU vs. XIC Correlations and holdings are quite similar. XIC is more diversified, with about 240 holdings. XIC has a 6 bps MER, while XIU is 18 bps. Performance has been very similar. XIU has a bigger weighting in banks, about 28%. XIC has about 23% in banks. Not much diversification if you own both. Also look at XEI, a high dividend ETF, geared towards a higher yield.
investment companies / funds
COMMENT

XIU has a slightly higher MER. HXT does not distribute the income but is capitalized into the portfolio holdings. It makes it a capital gain than dividend income. The redemption cost is also a factor. Would prefer HXT all things considered.

investment companies / funds
BUY

An ETF to buy? There are so many ETFs, so it depends what you're looking for. XIU offers growth and income for retirees. This is a core holding for any investors. There's also a BMO utilities ETF offering a yield and upside. Also, a Canadian bank ETF from any vendor will give you income and growth, like ZWB-T. An ETF reduces volatility vs. owning individual stocks.

investment companies / funds
PARTIAL BUY
As easy as it gets for passive investment. Broad-based exposure to the Canadian market. Financials, tiny bit of energy, lifecos, pipelines. If you expect returns over time of 6-7%, it's a good holding. Income stream is pretty solid. Markets are a bit overbought right now, so don't go full bolt right now. Instead, dollar cost average in.
investment companies / funds
COMMENT

HXT-T vs. XIU-T. They have basically identical holding but one pays a dividend so has different tax treatment. He is indifferent. In a TFSA, there is no reason to not to use the XIU-T.

investment companies / funds
COMMENT
What is more tax efficient than the HXT-T for a taxable account? This is good for tax efficiency and cheap, charging around 4 basis points and nearly replicates the HXT-T.
investment companies / funds
BUY

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.

investment companies / funds
HOLD
How far out would you write a covered call on this? That's a tough one. He wouldn't write a covered call on this. So, if you believe the US economy will grow above-average in coming years, then Canada will benefit. Sit tight and use it as a core holding. Wait till there's a trade deal--and it will happen. It's all bluster now.
investment companies / funds
WEAK BUY
When to buy a covered call? Low-cost with exposure to good names like the big banks. But he doesn't see the Canadian economy--or the market--growing much. He'd rather buy individual stocks and not an ETF. But if the market comes off, an ETF is a great way to gain broad exposure. Covered calls are best layered over a utility or bank--doesn't think XIU offers this.
investment companies / funds
Showing 1 to 15 of 144 entries

iShares S&P/TSX 60 Index ETF(XIU-T) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 3

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 4

Stockchase rating for iShares S&P/TSX 60 Index ETF is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

iShares S&P/TSX 60 Index ETF(XIU-T) Frequently Asked Questions

What is iShares S&P/TSX 60 Index ETF stock symbol?

iShares S&P/TSX 60 Index ETF is a Canadian stock, trading under the symbol XIU-T on the Toronto Stock Exchange (XIU-CT). It is usually referred to as TSX:XIU or XIU-T

Is iShares S&P/TSX 60 Index ETF a buy or a sell?

In the last year, 4 stock analysts published opinions about XIU-T. 3 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for iShares S&P/TSX 60 Index ETF.

Is iShares S&P/TSX 60 Index ETF a good investment or a top pick?

iShares S&P/TSX 60 Index ETF was recommended as a Top Pick by on . Read the latest stock experts ratings for iShares S&P/TSX 60 Index ETF.

Why is iShares S&P/TSX 60 Index ETF stock dropping?

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.

Is iShares S&P/TSX 60 Index ETF worth watching?

4 stock analysts on Stockchase covered iShares S&P/TSX 60 Index ETF In the last year. It is a trending stock that is worth watching.

What is iShares S&P/TSX 60 Index ETF stock price?

On 2024-06-19, iShares S&P/TSX 60 Index ETF (XIU-T) stock closed at a price of $32.46.