This summary was created by AI, based on 3 opinions in the last 12 months.
The iShares S&P 500 Index ETF (XSP-T) has garnered positive feedback from various experts, highlighting its strong performance as a long-term investment vehicle. Reviewers praise its low management expenses, making it an attractive option for those seeking exposure to the S&P 500. The ETF is particularly appealing for Canadian investors who prefer managing currency risks through products like its hedged counterpart, VSP. With a consensus that large and mega-cap stocks will continue to perform well, analysts are optimistic about the future trajectory of the S&P 500, projecting mid-term targets of 5500 and potential highs of 6000 by early 2025, indicating continued growth opportunities even in an already strong market.
VSP is a hedged version for the S&P index, for those wanting exposure to the S&P but using Canadian dollars. XSP is fairly similar. MER costs are quite low for both. He prefers the market-weighted over the equal-weighted right now. Large and mega-caps will continue to perform well.
His mid-term target for the S&P 500 is 5500, then maybe a pullback in September-October, and then go on to hit 6000 in the first quarter of 2025. Good opportunities in it, even though the market's performed well.
iShares S&P 500 Index ETF is a Canadian stock, trading under the symbol XSP-T on the Toronto Stock Exchange (XSP-CT). It is usually referred to as TSX:XSP or XSP-T
In the last year, 9 stock analysts published opinions about XSP-T. 3 analysts recommended to BUY the stock. 3 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for iShares S&P 500 Index ETF.
iShares S&P 500 Index ETF was recommended as a Top Pick by on . Read the latest stock experts ratings for iShares S&P 500 Index ETF.
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.
9 stock analysts on Stockchase covered iShares S&P 500 Index ETF In the last year. It is a trending stock that is worth watching.
On 2025-04-03, iShares S&P 500 Index ETF (XSP-T) stock closed at a price of $55.86.
He hasn't sold a single share for years, just keeps buying it. Hold on. Has it in all his portfolios.