TSE:HXT

50.15
0.11 (0.22%) 1d
0
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

Unlock the latest expert's opinion. Its free

Create a FREE account to see the latest opinions & get alerts about when to buy, sell or hold stocks

Unlock the latest opinion & get signals
COMMENT
HXT or XIC. HXT has little or no capital distribution - gains are compounded inside so little extra tax paid. XIC has a slightly different makeup and distributes gains to unit holders.
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
COMMENT

XIU has a slightly higher MER. HXT does not distribute the income but is capitalized into the portfolio holdings. It makes it a capital gain than dividend income. The redemption cost is also a factor. Would prefer HXT all things considered.

E.T.F.'s
COMMENT

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.

E.T.F.'s
PAST TOP PICK
(A Top Pick Oct 18/18, Up 9%) At the time they were feeling pretty good about Canada and they still are. Total return swap. Derivative contracts. The cheapest ETF in Canada at only 0.03% MER. Because of the uncertainty around its derivative structure its hard to say if its tax efficiency will cary forward in exactly the same way.
E.T.F.'s
COMMENT
An inverse ETF such as XIV-N might be leveraged -- and he will never touch leveraged funds. XIV-N was actually liquidated as investors lost 90% of their investment. He thinks HXT-T is non-leveraged. You can be on the right side of the market, yet still lose money on a leveraged fund. The leveraged funds are really for day traders only.
E.T.F.'s
BUY
They do a complicated derivative swap, so what happens if there's a default? Yes, this is a swapped-based ETF, which means you don't get paid any dividend. It's a swap; complicated, but basically you get the same return as the index. Horizons has been doing this kind of ETF for a long time. He's comfortable with this ETF.
E.T.F.'s
TOP PICK

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.

E.T.F.'s
COMMENT

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.

E.T.F.'s
PAST TOP PICK

(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.

E.T.F.'s
PAST TOP PICK

(Past Top Pick, Sept.1, 2017, Up 11%) Covers the TSX, pays no dividends and charges a very low MER.

E.T.F.'s
COMMENT

What's the difference if I use derivatives with HTX than not? Best to do this in taxable accounts, because you don't receive a dividend per se. With this, a counter-party guarantees that your ETF will generate that rate of return on the swap. The key is who is the counter-party which in this case is National Bank, which he's comfortable with. You don't get cash flow, but you get the exact rate of return on the Canadian equity market appreciation, plus dividend. It's a nice one-stop.

E.T.F.'s
HOLD

They are a little different than most other ETFs. This is a swap-based ETF. Basically, a contract between Horizon and National Bank. These are total return ETFs so there is no distribution so very efficient for people making high income.

E.T.F.'s
BUY

HXF-T or HXT-T? He likes both. This one is Toronto, while the other is US. They are basically swap vehicles, which is different from most ETF's where they actually hold the security. There is no distribution, so are for people who want to retain the distributions within the ETF. A great vehicle for someone who is still working and doesn't want the income.

E.T.F.'s
Showing 1 to 15 of 34 entries

HBP S&P/TSX 60 Index ETF(HXT-T) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for HBP S&P/TSX 60 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.

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, there was no coverage of HBP S&P/TSX 60 Index ETF published on Stockchase.

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?

0 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 2022-11-28, HBP S&P/TSX 60 Index ETF (HXT-T) stock closed at a price of $50.15.