iShares Canadian Long Bond ETF (XLB-T)
TSE:XLB
18.72
0.03
(0.16%) 1d
Financials
Technical Analysis
This summary was created by AI, based on 2 opinions in the last 12 months.
The iShares Canadian Long Bond ETF (XLB-T) is a notable choice for DIY investors looking to enhance their bond portfolio, especially in a challenging environment for securing high-quality bonds. Many commentators recommend allocating around 40% to bonds, favoring ETFs like XLB for easier access to quality bond investments. However, the fund has faced difficulties, particularly as interest rates rise, with a year-to-date decline of 7.4%. Despite these challenges, the ETF boasts an attractive yield of approximately 4%. Investors should be cautious about the duration risk associated with long-term bonds but could see significant gains if interest rates drop in the future.
MER is about 20 bps. Very long bonds, 14 years of duration or so. Rough performance with interest rates moving higher, as have a lot of other bond strategies. YTD, down 7.4%. Rates were supposed to move down, but have inched up.
Over time, long end of curve should start to drop, but still a risk with long-term bonds. Nice yield of about 4%. Short-term bonds will give you much the same yield, but without duration risk.
This one would do phenomenally if rates were to come down on 10, 15, and 20-year bonds.
While we would be quite comfortable buying long term bond funds right now, and can suggest TLT and XLB (for Canadian) it does require a belief that interest rates have peaked. Long bonds have the most leverage to interest rates. If rates do not drop as expected, losses on such funds can be amplified. TLT, for example, is still down 8% over one year even with very significant rally this month. A spike in inflation would hurt these funds quite a lot. Thus, we see them as much more aggressive fixed income holdings. That being said, we do think rates have now peaked.
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iShares Canadian Long Bond ETF(XLB-T) Rating
Ranking : 3 out of 5
Bullish - Buy Signals / Votes : 1
Neutral - Hold Signals / Votes : 1
Bearish - Sell Signals / Votes : 1
Total Signals / Votes : 3
iShares Canadian Long Bond ETF(XLB-T) Frequently Asked Questions
What is iShares Canadian Long Bond ETF stock symbol?
iShares Canadian Long Bond ETF is a Canadian stock, trading under the symbol XLB-T on the Toronto Stock Exchange (XLB-CT). It is usually referred to as TSX:XLB or XLB-T
Is iShares Canadian Long Bond ETF a buy or a sell?
In the last year, 3 stock analysts published opinions about XLB-T. 1 analyst recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for iShares Canadian Long Bond ETF.
Is iShares Canadian Long Bond ETF a good investment or a top pick?
iShares Canadian Long Bond ETF was recommended as a Top Pick by on . Read the latest stock experts ratings for iShares Canadian Long Bond ETF.
Why is iShares Canadian Long Bond 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 Canadian Long Bond ETF worth watching?
3 stock analysts on Stockchase covered iShares Canadian Long Bond ETF In the last year. It is a trending stock that is worth watching.
What is iShares Canadian Long Bond ETF stock price?
On 2025-04-11, iShares Canadian Long Bond ETF (XLB-T) stock closed at a price of $18.72.
As a DIY investor, it's really hard to get access to the best-quality bonds. Generally if you buy them on the secondary market, you're buying at a premium. He'd be comfortable owning bond funds through ETF structures such as XCB or XLB on the TSX.