TSE:XLB

19.44
0.01 (0.05%) 1d
0
Investor Insights

This summary was created by AI, based on 1 opinions in the last 12 months.

The experts suggest that long term bond funds like XLB-T and TLT can be a good buy, but caution is advised as they are more aggressive fixed income holdings with high leverage to interest rates. There is a belief that interest rates have peaked, and a potential drop in rates could lead to significant rallies in these funds. However, a spike in inflation could have a detrimental impact. Overall, the experts view these funds as aggressive fixed income holdings that require careful consideration.

Consensus
Caution
Valuation
Fair Value
Similar
Vanguard Long-Term Corporate Bond ETF, VCLT
WATCH

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.

E.T.F.'s
BUY
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

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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E.T.F.'s
BUY
Long vs. short bond ETF: XLB vs XLH If you expect rates will rise, buy the short ETF. If they stay low (he does), buy the long. Keep in mind that the curve is quite flat. He'd buy a longer-duration bond ETF, XLB.
E.T.F.'s
PAST TOP PICK
(A Top Pick Apr 03/19, Down 4%) It is a weak time of year for materials. It went up starting the beginning of the year but it looks like it has broken its trend. It has not panned out.
E.T.F.'s
DON'T BUY
A recession-proof ETF? Has a yield to maturity of 3.2%, with a duration of 14.7. But he doesn't expect a recession; American will slow down and the rest of the world will pick up, primarily China. Also look at the Chinese and Japanese currencies (FXY or KCNY).
E.T.F.'s
COMMENT

Commodities will be lower for longer, but we're in a global cyclical upturn. This will lift commodity ETFs including this one. It's a decent holding, but also look at emerging markets.

E.T.F.'s
PAST TOP PICK

(Top Pick Apr 16/12, Up 5.46%)

E.T.F.'s
PAST TOP PICK

(A Top Pick Feb 23/12. Up 4.83%.) Chart shows this is still basing at around $23 and has potential to go up. Risk/reward is pretty good.

E.T.F.'s
DON'T BUY

Possible this is the worst investment for long-term hold one could make. When you factor in inflation, tax on distributions and MER, then you have no real return on your money. Shy away completely from it. Doesn’t mean you can’t trade it.

E.T.F.'s
COMMENT

Long bonds are the only things negatively correlated to XIU-T

E.T.F.'s
COMMENT

Bond prices have been flat for 5-6 months, locked into a trading range with no indications of a change.

E.T.F.'s
COMMENT

20 year and longer bonds. If you are bullish on stocks short term then you don’t want to own this. Bond yields can only go so low. Good as a trading vehicle. You can use this from time to time to hedge equity exposure but it has volatility.

E.T.F.'s
TOP PICK
His bond model says it is good to be in bonds. Risk/reward is really good.
E.T.F.'s
TOP PICK
Canadian Long Bond ETF. If there is an uptick in interest rates, he has a Stop at around $22. Risk/reward is fantastic.
E.T.F.'s
PAST TOP PICK
(A Top Pick Jan 5/11. Up 18.87%.) Canadian Long Bond ETF. Gives a little bit of both corporate and government bonds. He is hoping for a little bit of consolidation right here.
E.T.F.'s
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iShares Canadian Long Bond ETF(XLB-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 1

Stockchase rating for iShares Canadian Long Bond 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 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, 1 stock analyst published opinions about XLB-T. 1 analyst 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 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?

1 stock analyst 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 2024-06-21, iShares Canadian Long Bond ETF (XLB-T) stock closed at a price of $19.44.