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Air Canada, Couche-Tard & More at 52-week Highs and Lows (Feb 6-12)This week’s new 52-week highs and lows … (Jan 30-Feb 5)XEI has a fair exposure to the overall business cycle with broad based holdings. You want to focus on areas of the market that have less impact from issues in the financial markets. He would opt more for a utility ETF (XUT) that is more of a regulated sector with a agreed return on capital and more likely to be sustained.
An ETF for utilities. A great defensive sector with amazing performance lately. XUT-T is good, but 60% is in the top 4 holdings (inculding Fortis and Algonquin); 4% yield and 55 basis point cost. ZUT-T is more diversified and equal-weight. ZWU is also equal weight but does covered calls to create extra income, which sells future income for gains today; yields 6%. Given the strong performance of utilities in the past year, covered calls have lagged.
Although you get pretty good yields of around 4%, interest rates are moving higher, and yields are moving higher on the 5 year and 10 year, which is going to have an effect on utility companies. Utility companies generally are not good dividend growers. If they can grow their dividends, they are going to be affected from a capital appreciation/capital depreciation standpoint on their prices. He is not a big fan of utilities at this point.
Half the names are really solid. A steady dividend. No harm done recently so maybe a good place to be.
There was a rally in bonds, so utilities would respond to something like that. Also, low interest rates have been a huge help. Their day in the sun is kind of over with. This has to do with sector rotation, and he would have a tendency to move on.
A lot of people are chasing yield but utilities are not in favour this time of year. Technicals are not favorable right now. Stay away from this and go toward the cyclicals. Get in in July.
iShares S&P/TSX Cap. Utilities is a Canadian stock, trading under the symbol XUT-T on the Toronto Stock Exchange (XUT-CT). It is usually referred to as TSX:XUT or XUT-T
In the last year, there was no coverage of iShares S&P/TSX Cap. Utilities published on Stockchase.
iShares S&P/TSX Cap. Utilities was recommended as a Top Pick by on . Read the latest stock experts ratings for iShares S&P/TSX Cap. Utilities.
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0 stock analysts on Stockchase covered iShares S&P/TSX Cap. Utilities In the last year. It is a trending stock that is worth watching.
On 2024-10-11, iShares S&P/TSX Cap. Utilities (XUT-T) stock closed at a price of $27.8.