This summary was created by AI, based on 1 opinions in the last 12 months.
Experts believe that the iShares S&P 500 3% Capped Index (Hedged) ETF, with symbol XSPC-T, offers a way to maintain exposure to mega-cap companies while reducing their influence on the overall performance of the ETF. By capping the largest holdings at 3%, it aims to mitigate concentration risks while closely tracking the S&P 500. This strategy could potentially provide a more balanced and diversified approach to investing in large-cap stocks.
iShares S&P 500 3% Capped Index (Hedged) ETF is a Canadian stock, trading under the symbol XSPC-T on the Toronto Stock Exchange (XSPC-CT). It is usually referred to as TSX:XSPC or XSPC-T
In the last year, there was no coverage of iShares S&P 500 3% Capped Index (Hedged) ETF published on Stockchase.
iShares S&P 500 3% Capped Index (Hedged) ETF was recommended as a Top Pick by on . Read the latest stock experts ratings for iShares S&P 500 3% Capped Index (Hedged) ETF.
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In the last year, there was no coverage of iShares S&P 500 3% Capped Index (Hedged) ETF published on Stockchase.
On 2025-01-24, iShares S&P 500 3% Capped Index (Hedged) ETF (XSPC-T) stock closed at a price of $44.1.
The "C" stands for capped, so any of its largest mega-cap holdings is capped at 3%. If you look at XSP or SPY, you'll see that the largest tech companies have about a 6% weight. So those ones are getting top-heavy. This ETF is a way to maintain exposure to the mega-caps, but diminish their role in steering the ship.
Anticipates this will track the S&P 500 very closely, but reduce concentration risk somewhat.