iShares DEX Short Term Bond

XSB-T

Analysis and Opinions about XSB-T

Signal
Opinion
Expert
TOP PICK
TOP PICK
January 22, 2020
One of the largest and cheapest bond ETFs in Canada. The duration is just over 2 years. He thinks the short term duration are much lower risk. MER 0.17% Yield 2.38%
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One of the largest and cheapest bond ETFs in Canada. The duration is just over 2 years. He thinks the short term duration are much lower risk. MER 0.17% Yield 2.38%
COMMENT
COMMENT
November 4, 2019

The fixed income of people's portfolios is severely impaired. In this ETF the distribution is the coupon earned and not the yield to maturity. The distribution is higher. He would prefer short term corporate bonds, XCB-T.

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The fixed income of people's portfolios is severely impaired. In this ETF the distribution is the coupon earned and not the yield to maturity. The distribution is higher. He would prefer short term corporate bonds, XCB-T.

BUY
BUY
March 20, 2019
What vehicle to park cash? Any money market funds and short-term ETFs. Don't buy a bond ETF, but rather something under three years--you're not paid more by going longer. Stay short like XSB-T. Charges a very low MER.
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What vehicle to park cash? Any money market funds and short-term ETFs. Don't buy a bond ETF, but rather something under three years--you're not paid more by going longer. Stay short like XSB-T. Charges a very low MER.
COMMENT
COMMENT
July 5, 2017

In his institutional mandates, he has to have a minimum of 30% in fixed income, and he is not particularly positive on bond returns over the next 12-18 months, as he expects longer-term interest rates to start rising. In his case, he has 7.5%, and 30% is in the short-term bond index XSB-T. He is using that to reduce the duration of that bond portfolio. In this case, about half the bond portfolio is in the US in the fixed income market, with the other half being in Canada split evenly between the bond index XBB and XSB on the short term.

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In his institutional mandates, he has to have a minimum of 30% in fixed income, and he is not particularly positive on bond returns over the next 12-18 months, as he expects longer-term interest rates to start rising. In his case, he has 7.5%, and 30% is in the short-term bond index XSB-T. He is using that to reduce the duration of that bond portfolio. In this case, about half the bond portfolio is in the US in the fixed income market, with the other half being in Canada split evenly between the bond index XBB and XSB on the short term.

BUY
BUY
May 2, 2016

Seasonality around fixed income is inverse to equities. So buy in May and go away in the fall if not holding for the long term. You get a lot of your own money back in their yield. You have to look at the yield to maturity, not the coupon.

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Seasonality around fixed income is inverse to equities. So buy in May and go away in the fall if not holding for the long term. You get a lot of your own money back in their yield. You have to look at the yield to maturity, not the coupon.

PAST TOP PICK
PAST TOP PICK
September 2, 2014

(A Top Pick Aug 30/13. Up 3.04%.) Very broad and diverse. He likes that there are about 240-250 different bonds in it. Never trust yield. Take a look beyond the 1st page where it gives you the quote, and look at what its “yield to maturity” is. That is what you are actually getting.

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(A Top Pick Aug 30/13. Up 3.04%.) Very broad and diverse. He likes that there are about 240-250 different bonds in it. Never trust yield. Take a look beyond the 1st page where it gives you the quote, and look at what its “yield to maturity” is. That is what you are actually getting.

DON'T BUY
DON'T BUY
December 31, 2013

It is such a challenging time. XSB is a short term bond index. Good, low cross product, but pretty tough to make money in this environment. Even if rates don’t go up, you won’t make much money. A daily interest savings account might be just as good.

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It is such a challenging time. XSB is a short term bond index. Good, low cross product, but pretty tough to make money in this environment. Even if rates don’t go up, you won’t make much money. A daily interest savings account might be just as good.

TOP PICK
TOP PICK
August 30, 2013

This is the grandfather of all the bond ETFs. Likes this because durations are short, about 2.7 years.

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This is the grandfather of all the bond ETFs. Likes this because durations are short, about 2.7 years.

BUY
BUY
February 7, 2013

Bond ETFs for an RRSP? The granddaddy of them all is the XSB-T. About two thirds government and one third corporate and is all investment grade. Bank of Montréal and horizon also have some very interesting income-based products as well.

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Bond ETFs for an RRSP? The granddaddy of them all is the XSB-T. About two thirds government and one third corporate and is all investment grade. Bank of Montréal and horizon also have some very interesting income-based products as well.

TOP PICK
TOP PICK
June 1, 2012
2/3rd government and 1/3 corporate. Very little variation. Quote safe. It doesn’t move very much. Short term bonds
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2/3rd government and 1/3 corporate. Very little variation. Quote safe. It doesn’t move very much. Short term bonds
John Hood

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Price
$29.120
Owned
Unknown
BUY
BUY
March 26, 2012
Hedged to Canadian Dollars. Part of US strength is from US$ weakness. Believes oil will be strong but connected o global growth and so will be more volatile.
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Hedged to Canadian Dollars. Part of US strength is from US$ weakness. Believes oil will be strong but connected o global growth and so will be more volatile.
BUY
BUY
February 3, 2012
DEX Short Term Bond ETF. If interest rates go up over time, will payment per month go up as new issues come in? He always has these in his clients and personal portfolios. About2/3rds government and 1/3 corporate. If rates go up in the longer ones, you will get hurt. Duration is around 2.6-2.7 years.
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DEX Short Term Bond ETF. If interest rates go up over time, will payment per month go up as new issues come in? He always has these in his clients and personal portfolios. About2/3rds government and 1/3 corporate. If rates go up in the longer ones, you will get hurt. Duration is around 2.6-2.7 years.
COMMENT
COMMENT
January 9, 2012
DEX Short Term Bond. Do you really get hurt with short-term bonds? You may see a bit of erosion in asset value but it will keep paying out distributions. Also you may underperform the broader market. A good component of any portfolio. Long bonds will outperform short bonds over the next 20 years.
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DEX Short Term Bond. Do you really get hurt with short-term bonds? You may see a bit of erosion in asset value but it will keep paying out distributions. Also you may underperform the broader market. A good component of any portfolio. Long bonds will outperform short bonds over the next 20 years.
Joey Mack

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Price
$29.240
Owned
Unknown
PAST TOP PICK
PAST TOP PICK
November 4, 2011
(A Top Pick Oct 22/10. Up 3.25%.) DEX Short Term Bond ETF.
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(A Top Pick Oct 22/10. Up 3.25%.) DEX Short Term Bond ETF.
PAST TOP PICK
PAST TOP PICK
July 29, 2011
(A Top Pick March 4/10. Up 4.6%.) Basically holds about 2/3 Canadian government and provincial bonds and the rest is corporate. Likes it because it is a short bond.
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(A Top Pick March 4/10. Up 4.6%.) Basically holds about 2/3 Canadian government and provincial bonds and the rest is corporate. Likes it because it is a short bond.
Showing 1 to 15 of 71 entries