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Investor Insights

This summary was created by AI, based on 3 opinions in the last 12 months.

Experts generally recommend iShares Core S&P/TSX Capped Composite Index ETF as a core holding for Canadian equities due to its low management fees and efficient exposure to the TSX broader market. The ETF has performed well on the recent strength of real estate and materials, making it a good anchor for new portfolio starters. However, it may not be necessary for those with a significant home bias in Canadian exposure. Overall, it offers diversified, low-cost exposure to the Canadian market with potential long-term benefits.

Consensus
Positive
Valuation
Fair Value
PAST TOP PICK
(A Top Pick May 19/23, Up 18%)

A core position in his model portfolios for Canadian equities. Fee is 5-6 bps, almost impossible to get a more efficient exposure. Has done well on recent strength of real estate and materials. Good anchor point if you're starting your portfolio from scratch. Not needed if you already have a home bias on Canadian exposure.

E.T.F.'s
BUY

Good way to get exposure to TSX broader market. Will track TSX index with low management fees. Good for long term investors. 

E.T.F.'s
PAST TOP PICK
(A Top Pick May 19/23, Up 2%)

Benchmark index for Canada. You should have some core allocation to Canada. Question is do you trim or add based on market conditions? Rates and economic signals are leading his strategists to pull back from Canada and EMs in favour of US and international. Diversified, ultra-cheap at 5-6 bps. A great anchor in your portfolio.

E.T.F.'s
HOLD

Around a long time. Introduced as a capped product, because its predecessor was at market weight and 40% of that was Nortel. 

Core Canadian holding. He hasn't been buying lately, because he's overweight the US market.

E.T.F.'s
BUY
Allan Tong’s Discover Picks

Another dip-buying candidate in this ETF which tracks the TSX. If for whatever reason the entire market slides in a day or so, then use this to buy that dip. XIC‘s biggest holding is Royal Bank at 6%, followed by TD, CP, Enbridge, CNR, Shopify, CNQ and the other big banks. Read 3 All Canadian for our full analysis.

E.T.F.'s
TOP PICK

Limits size of each name in index.
Provides exposure to largest companies in Canada.
Good for balanced portfolio. 
Believes lots of reasons to be bullish on Canada.

E.T.F.'s
COMMENT
XIC is slightly different because it's capped, but will pay distributions. HXT does not pay, but compounds gains within the ETF.
E.T.F.'s
BUY
Always a core position with him. SHOP had a market cap higher than RY, and this has never worked out well. Remember Potash, Valeant, Nortel. When he sees that happening, he always wants to cut back a bit. But now SHOP has dropped over 50%. So XIC is not overvalued. Lots of good stuff in it. He'd be a buyer. Banks are solid, energy doing well. Only problem is government regulation in Canada, so he tends to be underweight Canada, and overweight the US. The ETFs from Vanguard and BMO are very similar to the XIC.
E.T.F.'s
BUY
XIC vs. XIU Correlations and holdings are quite similar. XIC contains about 240 holdings, so more diversified. 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.
E.T.F.'s
COMMENT
Returns are very similar. A broader TSX exposure do beat large caps, and other times it's the opposite. When banks and energy does well, HXT does better. HXT has a slightly better tax structure.
E.T.F.'s
BUY
A low cost way to get diversification. It is a great choice. You might be underrepresented in healthcare, however. He runs LS-T which will get you some of those companies.
E.T.F.'s
BUY
It covers the TSX, very comprehensive, a core Canadian holding. He's very overweight in the US, but for the TSX, he owns this.
E.T.F.'s
PAST TOP PICK
(A Top Pick Dec 05/19, Up 2%) It is a core holding for the TSX. He has little Canadian holdings and has not had for several years. He is not that keen on Canada mainly because of government policy bent on destroying the energy industry.
E.T.F.'s
COMMENT

XIC-T is not tracking the index, TSX –T or TSX-60. The problem is the system. It does not look at dividends correctly. He finds that it tracks the TSX correctly. The TSX is identical to the XIC-T but tools online do not necessarily track the over all returns accurately.

E.T.F.'s
PAST TOP PICK
(A Top Pick May 25/18, Up 6%) A core ETF and still likes it. Fantastic diversification at a low MER. A good way to get into the TSX. He sold his banks, but owns them through this.
E.T.F.'s
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iShares Core S&P/TSX Capped Composite Index ETF(XIC-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 3

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 3

Stockchase rating for iShares Core S&P/TSX Capped Composite 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 Core S&P/TSX Capped Composite Index ETF(XIC-T) Frequently Asked Questions

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

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

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

In the last year, 3 stock analysts published opinions about XIC-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 Core S&P/TSX Capped Composite Index ETF.

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

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

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

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

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

On 2024-11-21, iShares Core S&P/TSX Capped Composite Index ETF (XIC-T) stock closed at a price of $40.55.