Trending stocks today
HBP S&P/TSX 60 Index ETF (HXT-T)
TSE:HXT
67.40
0.47
(0.70%) 1d
Financials
Technical Analysis
Related posts
17 Stock Top Picks and 6 Top ETFs (OCT 11-18)17 Stock Top Picks and 6 Top ETFs (Oct 11-18)This summary was created by AI, based on 3 opinions in the last 12 months.
The HBP S&P/TSX 60 Index ETF (HXT-T) is noted for its lack of distributions, which allows investors to focus on capital gains and losses rather than dividend income. Experts agree that this structure can trigger capital gains or losses upon sale, depending on the investor's tax treatment election with the CRA. The ETF's focus on total return and its operational structure—leveraging swaps rather than traditional index methodologies—allows for seamless reinvestment of earnings, improving tax efficiency. Additionally, its historical performance and very low fees make it one of the most attractive options for investors looking for capital appreciation without the complications of distribution income. Overall, it is considered a strong choice within the Canadian ETF space.
$66.560
Unknown
Total return ETF. Not based on an index. Done on a swap basis instead. Takes the theoretical distributions and puts them into the price of the stock, so there is no distribution.
Older EFT with lots of history. Very low fees (perhaps cheapest in Canada). Does not pay distributions, good for capital appreciation. Overall, a great product.
HXT-T vs. XIU-T. They have basically identical holding but one pays a dividend so has different tax treatment. He is indifferent. In a TFSA, there is no reason to not to use the XIU-T.
A play on the blue chip stocks. It is Canada's cheapest at 3 basis points. It is swap based so pays no dividends. Canada is one of the better priced markets in the world.
This is a great representation of the TSX60. It is swap based, so this will not lead to any taxable distributions and a low MER.
(Past Top Pick, Sept. 21, 2017, Up 11%) It's for people who don't want income/yield (and lead to a better tax position). This ETF is swap-based and adds a little more risk. But he isn't worried about it.
(Past Top Pick, Sept.1, 2017, Up 11%) Covers the TSX, pays no dividends and charges a very low MER.
HBP S&P/TSX 60 Index ETF(HXT-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
HBP S&P/TSX 60 Index ETF(HXT-T) Frequently Asked Questions
What is HBP S&P/TSX 60 Index ETF stock symbol?
HBP S&P/TSX 60 Index ETF is a Canadian stock, trading under the symbol HXT-T on the Toronto Stock Exchange (HXT-CT). It is usually referred to as TSX:HXT or HXT-T
Is HBP S&P/TSX 60 Index ETF a buy or a sell?
In the last year, 3 stock analysts published opinions about HXT-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 HBP S&P/TSX 60 Index ETF.
Is HBP S&P/TSX 60 Index ETF a good investment or a top pick?
HBP S&P/TSX 60 Index ETF was recommended as a Top Pick by on . Read the latest stock experts ratings for HBP S&P/TSX 60 Index ETF.
Why is HBP S&P/TSX 60 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 HBP S&P/TSX 60 Index ETF worth watching?
3 stock analysts on Stockchase covered HBP S&P/TSX 60 Index ETF In the last year. It is a trending stock that is worth watching.
What is HBP S&P/TSX 60 Index ETF stock price?
On 2025-02-18, HBP S&P/TSX 60 Index ETF (HXT-T) stock closed at a price of $67.4.
Any sale triggers either a capital loss or gain. It depends on the election you made with CRA on your exact tax treatment. Capital gains are the most efficient tax treatment.
Benefit of CRA and dividends only comes from Canadian companies. So, even if you have an ETF that pays a distribution that comes from European or American companies, that dividend is treated as income even though it comes through a Canadian ETF.
He very much likes the Global X series of corporate class ETFs. They give you broad exposure to markets but don't have those distributions, so they're a bit more tax-efficient. Now, there are some additional costs in there to create those structures. As well, it really depends on your tax rate whether they're a really big benefit to an individual. More benefit to those in higher tax brackets than in lower ones.