iShares S&P/TSX Information Technology Capped (XIT-T)

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Do not think there is a big rush to add more here. Unlike US tech ETFs, XIT is still very heavily skewed towards just five companies. There is potential and the bottom should be close. It becomes a question of position size and timeframe. Every time we think we are close to a bottom the market seems to roll over again. Unlock Premium - Try 5i Free

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Right now the fear seems worse than reality. The NASDAQ is down about 7% in a week. There could be another 2-3% drop, but there shouldn’t be a huge crash. There is inflation fear but tech has done ok in a growth environment. Companies are reporting solid earnings and growth should be noticed again. Unlock Premium - Try 5i Free

The viewer was seeking an equal-weight ETF that contained the top 15-20 Canadian tech companies. A market cap weighted ETF of Canadian tech. It is dominated by Shopify, Onyx, CGI. RYT is the American alternative that is equal weight for US large-cap tech that has around 70 names.

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The tech sector should continue to grow. One must watch the valuation and consider the timeframe for investments. Long term growth of the sector should be positive. Unlock Premium - Try 5i Free

S&P Info Tech Canadian index. He would be careful here. It is at all time new highs. This is going to live or due by SHOP-T. He would be cautious here. The stocks representing large portions of this ETF are very highly valued and perhaps a little over done. Look for corrections down the road.

The Canadian tech sector is not great in that it is not diversified. It is a bet on SHOP-T. You could buy it on the next big swing down.

A stock or ETF in the Canadian digital space? 16 stocks are in this with 85% made up for four stocks like Shopify and OTEX. It's less risky than buying, say Shopify on its own.

Shopify, CGI and Open Text are the biggest holdings. This is a great play on Canadian tech. He's owned the component stocks, but he prefers holding tech stocks internationally, so he recommends SOXX-Q.

It's up because of the 5G revolution. He uses IGM, a broader based US tech ETF, and he's thinking of taking profits in it. He's a cautious investor these days due to tariff war uncertainty. If you buy anything, it should have a dividend, so you still get paid if things take a turn.