Energy has been the top performing sector globally and IXC is the best of the global energy ETFs. With 68 unique holdings it provides global diversification, primarily with Exxon being its largest holding along with Chevron, Shell and Total as well. It is clear global energy distribution will continue to be constrained. Inflows into the fund have again risen sharply. We recommend setting a stop-loss at $43, looking to achieve $62 -- upside potential of 18%. Yield 2.9%
Technology will drive the global economy and this is a very low-MER (0.08%) way to hold the 77 biggest names. NVIDIA and Apple account for 25% of the ETF. We recommend setting a stop-loss at $150, looking to achieve $218 - 18% potential upside. Yield 0.4%
US Industrials have performed steadily this year and XLI is the largest ETF in the space -- with two-thirds of the holdings roughly split between manufacturing and aerospace companies. It has a very low MER of 0.08%. We recommend setting a stop-loss at $156, looking to achieve $213 -- upside potential of 18%. Yield 1.1%
Energy has been the top performing sector globally and IXC is the best of the global energy ETFs. With 68 unique holdings it provides global diversification, primarily with Exxon being its largest holding along with Chevron, Shell and Total as well. It is clear global energy distribution will continue to be constrained. Inflows into the fund have again risen sharply. We recommend setting a stop-loss at $43, looking to achieve $62 -- upside potential of 18%. Yield 2.9%