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Showing 1 to 15 of 57 entries
COMMENT
Exposure to major banks and insurance companies. Canadian banks more stable. Comment - governments are concerned about income and asset inequality so expect large, very profitable companies to get approached to pay their fair share.
indexes
BUY
Allan Tong’s Discover Picks In 2021, XFN climbed 31%, which actually outperformed Royal by 3%, but lagged TD by 3%. BAM.A, though, soared 45%. That said, XFN's performance gets a passing grade. Meanwhile, average daily volumes run at 227,000, which is enough to avoid volatility. XFN is currenly trading near its $51.26 52-week high. As rates rise, so will XFN. Read Best Financial Stocks in 2022 for our full analysis.
indexes
BUY
Gotta likes the financials. Not expensive relative to the market right now. As interest rates rise, and the steeper yield curve would be a plus for them. Banks and value outperforms large cap tech in a rising rate environment. It looks like this is coming. Some of the good news is probably priced in.
indexes
DON'T BUY

Don’t use it. It is broad financials. Insurance companies will be impaired for a number of years. If you want banks go with ZEB-T, but don’t buy it here.

indexes
WATCH
If it falls below $4.25 then something's going on. This sell-off is overreacting. Watch this one for sure.
indexes
COMMENT

This has the banks, insurance companies and mutual funds. He would be more inclined to go with BMO Covered Call Canadian Banks (ZWB-T), but if you want to be a little more diversified, there is certainly nothing wrong with this one.

indexes
DON'T BUY

His concern is with the sector. Financial services make up a ridiculous amount of the TSX. The product is excellent and does what it is supposed to do, but he would not buy it because financials make up so much of the index.

indexes
COMMENT

This has done very well, and he would have no problem with holding this. He doesn’t buy this because he already has exposure to banks through covered calls, which he prefers.

indexes
COMMENT

An ETF for a TFSA for a long-term hold? If you were going to do financials, he would probably look at this one. You have all the banks and insurance companies in this one.

indexes
COMMENT

Canadian financials have actually underperformed year to date. It depends on what energy is going to do. This won’t be a wildly underperformer or outperformer. If the market were to pull way, way back, he thinks the banks will outperform by going down less. He prefers cherry picking insurers and banks and hopefully outperform the ETF by a couple of percents if you get them right.

indexes
WATCH

Period of seasonal strength for the Canadian financial service sector is from the 3rd week in January right through until the 3rd week in April. A lot of this has to do with how the financial services are reporting their results. Technicals on the sector right now are kind of mixed. Has basically been going sideways for almost 3 months now. On the other hand, if you get a break above the $30 level, you could see a move up until the 3rd week of April.

indexes
BUY

If you want one stop shopping for financials, this ETF is okay. You will do as well as the banks and other financial institutions in the index.

indexes
COMMENT

Likes the financial sector. This may have some of the lifecos in it as well as some of the mutual funds, so he would prefer a straight play on the banks. On the other hand, insurance companies have come back quite a long ways from where they were getting clobbered. Prefers bank ETFs such as BMO Equal Weight Bank (ZEB-T) or BMO Covered Call Cdn Banks (ZWB-T).

indexes
COMMENT

This one is fairly deep. It has banks but also has other financial assets. If the rates are starting to rise a little bit, it is initially good for the banks because they make more money on the spreads. If you own, you might be better to move away from this and into equal weight banks, such as BMO Equal Weight Bank (ZEB-T). If rates start rising over the next 6-9 months, the banks will benefit.

indexes
BUY

Big believer in the banks. He is buying banks stocks for sure.

indexes
Showing 1 to 15 of 57 entries

iShares S&P/TSX Capped Financials Index ETF(XFN-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 2

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 2

Stockchase rating for iShares S&P/TSX Capped Financials 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 Capped Financials Index ETF(XFN-T) Frequently Asked Questions

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

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

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

In the last year, 2 stock analysts published opinions about XFN-T. 2 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 Capped Financials Index ETF.

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

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

Why is iShares S&P/TSX Capped Financials 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 Capped Financials Index ETF worth watching?

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

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

On 2022-05-24, iShares S&P/TSX Capped Financials Index ETF (XFN-T) stock closed at a price of $46.87.