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Unveiling the Best Canadian Dividend Stocks: Meet the TSX Dividend Kings!Battle of the Top Dividend ETFs : CanadaThis summary was created by AI, based on 8 opinions in the last 12 months.
The iSHARES SP TSX COMP HIGH DIV INDEX ETF (XEI) is generally well-regarded among experts for its steady performance and income generation, making it a suitable choice for investors seeking dividends. It has a broader basket of high-dividend Canadian stocks compared to XDV, offering diversification away from concentrated sectors like banks and energy. For beginner investors, XEI is recommended due to its comprehensive sector coverage and lower risk profile. Its management expense ratio (MER) is competitive, and it yields approximately 5.5%, making it an appealing option for retirees or those looking for monthly income. Overall, XEI's diversified holdings and solid track record of dividend payments enhance its attractiveness as a long-term investment.
XEI will be a broader basket, while XDV would be more concentrated in the top 60 or so names. The question is do you want a bit more diversification away from the banks, energy names, and lifecos that make up the larger companies in Canada? He's always an advocate for broad diversification in portfolios. Each individual investor has to decide what they want.
The caller's question was on which of these ETF's to buy for a start-up portfolio for his 20-year-old daughter. He prefers more sectors to be covered in this situation so he suggested XEI. There are more multi-asset solutions as well. He also suggested lowering the risk tolerance for a beginner investor.
Basket of high-dividend Canadian names. Both about 24-25% cumulative returns over the last 3 years.
XEI more diversified with 30% financials plus 30% in energy. Slightly better MER of 22 bps. Yield is ~5.5%.
ZDV is 38% financials and 20% energy, so might make sense if you really love financials. MER is 39 bps. Yield is 3.8%.
He likes XEI and VDY. Both pay ~5% yield. VDY is about 45% Canadian banks. XEI is a bit more diversified, with 23% Canadian banks as its top weighting.
For income, he prefers these to a covered call strategy. Though the covered call strategies look very attractive, they tend to underperform the underlying securities, especially in a rising equity market. Great if you need the income, but you'll get a better total return with the other.
Likes it for dividends. Lots of large-cap banks and pipelines. Defensive, fairly conservative. Names like TD, CNQ, RY, SU, ENB. Very good dividend yield of 5.1%. Banks are cheap right now, so potential for a pretty good move up. Once interest rates fall, the telcos in this particular ETF will perform well.
iSHARES SP TSX COMP HIGH DIV INDEX ETF is a Canadian stock, trading under the symbol XEI-T on the Toronto Stock Exchange (XEI-CT). It is usually referred to as TSX:XEI or XEI-T
In the last year, 9 stock analysts published opinions about XEI-T. 8 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 iSHARES SP TSX COMP HIGH DIV INDEX ETF.
iSHARES SP TSX COMP HIGH DIV INDEX ETF was recommended as a Top Pick by on . Read the latest stock experts ratings for iSHARES SP TSX COMP HIGH DIV INDEX ETF.
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.
9 stock analysts on Stockchase covered iSHARES SP TSX COMP HIGH DIV INDEX ETF In the last year. It is a trending stock that is worth watching.
On 2025-04-11, iSHARES SP TSX COMP HIGH DIV INDEX ETF (XEI-T) stock closed at a price of $25.5.
Prioritizes dividend yield. MER is 22 bps. Yield is decent in the 4%-range. Nothing wrong with this one, though you may want to tilt away from energy right now. Energy exposure is higher than XDV. If Trump gets his way, there will be more oil and gas and the price will struggle. You'll want to be in an area that makes its money on volume, not on price.