HBP S&P/TSX 60 Index ETF (HXT-T)
TSE:HXT
64.20
2.53
(3.79%) 1d
Financials
Technical Analysis
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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 recognized for its unique tax efficiency, as it does not pay distributions, leading to capital gains or losses upon sale rather than dividend income. This characteristic makes it a favored option for investors seeking capital appreciation without the tax implications associated with dividend distributions, especially from foreign entities. Experts note that capital gains provide a more efficient tax treatment, particularly beneficial for those in higher tax brackets. Additionally, the ETF operates on a swap basis, theoretically incorporating distributions into its price, which further contributes to its appeal as a total return investment. Its long history and low fees solidify its standing as one of the more affordable options available in Canada, making it a strong product for those focusing on growth.
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.
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 2025-04-03, HBP S&P/TSX 60 Index ETF (HXT-T) stock closed at a price of $64.2.
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.