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Top 8 ETF Stocks To Watch in 2021This summary was created by AI, based on 1 opinions in the last 12 months.
Based on reviews from different experts, iShares S&P US Mid-Cap Index (XMC-T) is considered as a strong option for small-cap exposure in an RRSP. With a MER of 0.16%, it has outperformed similar options and replicates the small-cap index well. It also doesn't face the same valuation challenges as the S&P 500 and has a lower concentration risk. Additionally, it offers exposure to foreign, developed areas from EMs, making it a comprehensive choice for investors looking for mid-cap exposure.
He likes the mid-cap sector. It is a sweet spot. He would be okay with the holding for a year or less, but eventually the market will price in the expected recession.
(A Top Pick Dec 16/16. Up 2.64%.) A core position in his US allocations, both for families and institutional accounts. There tends to be a much more domestic focus on those companies in the US, as opposed to the S&P 500. Also, this has a better tilt towards their banking system.
He likes that this has a bit more focus on the domestic US economy, over the S&P 500. Roughly 40%-45% of the S&P 500 sales come from outside of the US, whereas this one is almost 100% domestic. Earnings growth is expected to be pretty fast, somewhere around 11%-12%. That is based on 5% growth in sales, so there is a 2 for 1 leverage on sales to earnings growth. Thinks the 5% sales growth is too low, and it is going to be more like 7%-8%, which means you could get 16%-18% earnings growth. Technology is about 17% of this index, but it is technology, not Internet services. It has 17% financials, mostly community banks.
iShares S&P US Mid-Cap Index is a Canadian stock, trading under the symbol XMC-T on the Toronto Stock Exchange (XMC-CT). It is usually referred to as TSX:XMC or XMC-T
In the last year, 1 stock analyst published opinions about XMC-T. 1 analyst 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 S&P US Mid-Cap Index.
iShares S&P US Mid-Cap Index was recommended as a Top Pick by on . Read the latest stock experts ratings for iShares S&P US Mid-Cap Index.
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.
1 stock analyst on Stockchase covered iShares S&P US Mid-Cap Index In the last year. It is a trending stock that is worth watching.
On 2024-10-03, iShares S&P US Mid-Cap Index (XMC-T) stock closed at a price of $32.14.
MER of XSU is 0.36%. Around for a dog's age. Replicates small-cap index well. Doesn't have the same valuation challenges as with the S&P 500 and concentration of the Magnificent 7.
Also consider XMC for more mid-cap exposure, MER of 0.16%, has done a bit better.
(Don't forget to incorporate foreign, developed areas from EMs ;)