This ETF rebalances itself quarterly. Each constituent is capped at 5% weight, while each sector is capped at 30% weight.
Pros of iShares XEI ETF
It seeks to provide long-term capital growth.
It pays monthly dividends.
Low cost.
It has an attractive yield.
Cons of iShares XEI ETF
Not diversified geographically.
iShares XEI ETF Facts
Inception Date: April 12, 2011
Benchmark: S&P/TSX Composite High Dividend Index
Net Assets: $1,099M
MER: 0.22%
12 Month Trailing Yield: 4.10%
Distribution Yield: 3.89%
Dividend Schedule: Monthly
iShares XEI ETF MER – Management Expense Ratio
XEI’s management fee stands at 0.20% and MER is 0.22%. Its peers Vanguard VDY ETF and BMO ZDV ETF have an MER of 0.21% and 0.39% respectively.
The MER is what Blackrock takes to manage the fund for you. It’s much cheaper than mutual funds and in some cases cheaper than investing on your own.
Mutual funds can charge over 2% and it robs you of your returns. It’s time to ditch your mutual funds and switch to ETF ASAP. Many brokers such as Questrade or Qtrade offer free ETFs.
iShares XEI ETF Performance
The annual rate of return for iShares XEI ETF since inception is 6.20%. It has underperformed the broader S&P500 index.
The performance is acceptable for an income portfolio in “retirement” but not during the accumulation years. You leave way too much money on the table. The SP500 gives you twice that return.
Take your TFSA account as an example. The rules are the same for everyone and I mean everyone. The growth is ultimately a factor of your investment performance provided you make your TFSA contribution limit every year. The annual performance of an ETF matters as you can see below the growth over 20+ years.
wdt_ID
Year
Yearly Limit
Cumulative
5% Growth
10% Growth
Dividend Earner
Spousal
1
2009
5,000
5,000
5,250
5,500
Not Tracked
Not Started
2
2010
5,000
10,000
10,762
11,550
Not Tracked
Not Started
3
2011
5,000
15,000
16,550
18,205
Not Tracked
Not Started
4
2012
5,000
20,000
22,628
25,525
Not Tracked
Not Started
5
2013
5,500
25,500
29,534
34,128
$41,742
Not Started
6
2014
5,500
31,000
36,786
43,590
$52,820
Not Started
7
2015
10,000
41,000
49,125
58,949
$56,307
Not Started
8
2016
5,500
46,500
57,356
70,984
$70,200
Not Started
9
2017
5,500
52,000
65,999
84,034
$78,900
$13,308
10
2018
5,500
57,500
75,074
98,487
$96,937
$58,818
11
2019
6,000
63,500
85,128
114,986
$129,467
$82,596
12
2020
6,000
69,500
95,684
133,030
$153,993
$95,906
13
2021
6,000
75,500
106,769
152,933
$181,601
$113,194
14
2022
6,000
81,500
118,407
174,827
$183,031
$144,633
15
2023
6,500
88,000
131,152
199,459
$199,648 YTD
$157,213 YTD
16
2024
6,500
94,500
144,536
226,555
17
2025
6,500
101,000
158,587
256,361
18
2026
6,500
107,500
173,342
289,147
19
2027
7,000
114,500
189,359
325,762
20
2028
7,000
121,500
206,177
366,038
21
2029
7,000
128,500
223,836
410,342
22
2030
7,500
136,000
242,902
459,626
23
2031
7,500
143,500
262,923
513,838
24
2032
7,500
151,000
283,944
573,472
25
2033
7,500
158,500
306,016
639,069
26
2034
7,500
166,000
329,192
711,226
27
2035
7,500
173,500
353,526
790,599
28
2036
7,500
181,000
379,078
877,909
29
2037
7,500
188,500
405,906
973,950
30
2038
7,500
196,000
434,077
1,079,595
iShares XEI ETF Holdings
Investing in XEI is investing in the the Canadian stock market.
Below are the top holdings of XEI ETF at the time of writing. The ratio of weight can fluctuate on any month at the discretion of the fund manager in accordance with the fund target.
TickerKey
Ticker
Company
Sector
Industry
Score
Quote
Market Cap
P/E
FPE
EPS
Yield
PayoutRatio
Payments
Dividend
Chowder
GrowthRating
IncomeRating
Tollbooth
Ambassador
Achiever
Aristocrat
King
Country
Graph
TSE:RY
RY
Royal Bank
Financial Services
Banks - Diversified
61.28
134.21
186.04
12.14
12.14
11.20
3.9300
44.6800
4
5.28
8.5800
5
7
Tollbooth - Unregulated
NO
YES
YES
NO
Canada
1
TSE:TD
TD
TD Bank
Financial Services
Banks - Diversified
64.86
92.36
167.60
9.76
9.76
8.37
4.1600
37.5200
4
3.84
10.7400
5
7
Tollbooth - Unregulated
NO
YES
YES
NO
Canada
1
TSE:ENB
ENB
Enbridge
Energy
Oil & Gas Midstream
60.25
54.69
110.74
20.18
20.18
2.86
6.4900
125.8700
4
3.55
14.0500
7
8
Tollbooth - Unregulated
YES
YES
YES
NO
Canada
1
TSE:BMO
BMO
Bank of Montreal
Financial Services
Banks - Diversified
66.76
134.38
90.99
6.72
6.72
13.25
4.2600
27.3100
4
5.72
8.1600
5
7
Tollbooth - Unregulated
NO
YES
YES
NO
Canada
1
TSE:CNQ
CNQ
Canadian Natural Resources
Energy
Oil & Gas E&P
83.80
80.69
89.35
7.87
7.87
11.42
4.2100
41.2100
4
3.40
18.4400
8
7
Intermediate
YES
YES
YES
NO
Canada
1
TSE:BNS
BNS
Scotia Bank
Financial Services
Banks - Diversified
72.65
68.94
82.13
8.59
8.59
8.49
5.9800
50.3100
4
4.12
9.1300
5
10
Tollbooth - Unregulated
NO
YES
YES
NO
Canada
1
TSE:TRP
TRP
TC Energy
Energy
Oil & Gas Midstream
61.96
58.19
58.89
17.94
17.94
4.25
6.1900
110.2600
4
3.60
13.7400
6
8
Tollbooth - Unregulated
NO
YES
YES
NO
Canada
1
TSE:SU
SU
Suncor
Energy
Oil & Gas Integrated
49.35
43.00
58.22
7.76
7.76
7.40
4.8400
31.7300
4
2.08
4.8400
2
8
Consumable - Necessities
NO
NO
NO
NO
Canada
1
TSE:BCE
BCE
BCE
Communication Services
Telecommunication Services
58.59
63.65
58.05
20.60
20.60
3.40
5.7800
116.2900
4
3.68
10.8200
5
7
Tollbooth - Regulated
NO
YES
YES
NO
Canada
1
TSE:NTR
NTR
Nutrien
Basic Materials
Agricultural Inputs
52.56
107.00
56.00
5.67
5.67
17.56
2.4200
13.3300
4
1.92
2.4200
3
5
Intermediate
NO
NO
NO
NO
Canada
1
TSE:CM
CM
CIBC
Financial Services
Banks - Diversified
57.07
59.39
53.81
8.89
8.89
7.05
7.7300
48.8300
4
3.40
10.8800
5
2
Tollbooth - Unregulated
NO
YES
YES
NO
Canada
1
TSE:MFC
MFC
Manulife
Financial Services
Insurance - Life
74.87
24.41
45.98
6.51
6.51
3.06
5.4100
34.9200
4
1.32
13.8500
6
9
Tollbooth - Unregulated
NO
NO
YES
NO
Canada
1
TSE:IMO
IMO
Imperial Oil
Energy
Oil & Gas Integrated
65.30
75.35
45.57
7.70
7.70
9.97
2.3400
13.2400
4
1.76
11.2100
6
5
Consumable - Necessities
NO
YES
YES
NO
Canada
1
TSE:T
T
Telus
Communication Services
Telecommunication Services
72.28
28.60
40.62
19.72
19.72
1.19
4.9100
91.8000
4
1.40
11.4800
7
7
Tollbooth - Regulated
NO
YES
YES
NO
Canada
1
TSE:SLF
SLF
Sun Life Financial
Financial Services
Insurance - Diversified
65.16
63.54
37.26
11.71
11.71
6.11
4.5300
49.3900
4
2.88
8.8600
6
8
Tollbooth - Unregulated
NO
NO
YES
NO
Canada
1
TSE:NA
NA
National Bank
Financial Services
Banks - Diversified
70.16
95.83
32.27
9.97
9.97
9.63
4.0500
36.8100
4
3.88
9.2400
6
7
Tollbooth - Unregulated
NO
YES
YES
NO
Canada
1
TSE:RCI.B
RCI.B
Rogers
Communication Services
Telecommunication Services
30.86
62.24
31.57
19.99
19.99
3.56
3.2100
64.0500
4
2.00
4.0300
1
5
Tollbooth - Regulated
NO
NO
NO
NO
Canada
1
TSE:BIP.UN
BIP.UN
Brookfield Infrastructure Partners
Utilities
Utilities - Diversified
44.80
47.59
31.02
0.00
0.00
0.37
4.0800
411.3900
4
1.44
6.7300
4
4
Tollbooth - Regulated
NO
NO
NO
NO
Canada
1
TSE:GWO
GWO
Great West Life
Financial Services
Insurance - Life
78.08
31.93
29.75
10.07
10.07
3.39
6.1400
61.7300
4
1.96
10.0400
6
10
Tollbooth - Unregulated
NO
NO
YES
NO
Canada
1
TSE:QSR
QSR
Restaurant Brands International
Consumer Cyclical
Restaurants
34.40
89.38
27.44
0.00
0.00
4.14
3.2600
69.1000
4
2.16
8.8700
5
4
Consumable - Discretionary
NO
NO
YES
NO
Canada
1
TSE:PPL
PPL
Pembina Pipeline
Energy
Oil & Gas Midstream
54.60
48.39
26.69
10.06
10.06
4.81
5.3900
52.2500
12
2.61
9.4000
5
8
Tollbooth - Unregulated
NO
NO
YES
NO
Canada
1
TSE:FTS
FTS
Fortis
Utilities
Utilities - Regulated Electric
66.65
54.07
25.97
20.03
20.03
2.69
4.1800
80.5900
4
2.26
10.1000
6
7
Tollbooth - Regulated
NO
YES
YES
NO
Canada
1
TSE:H
H
Hydro One
Utilities
Utilities - Regulated Electric
39.47
37.81
22.64
22.02
22.02
1.71
2.9600
63.3400
4
1.12
4.5900
2
6
Tollbooth - Regulated
NO
NO
NO
NO
Canada
1
TSE:POW
POW
Power Corporation
Financial Services
Insurance - Life
75.19
34.05
20.86
11.23
11.23
3.26
5.8100
65.4700
4
1.98
10.5200
6
9
Tollbooth - Unregulated
NO
NO
YES
NO
Canada
1
TSE:SJR.B
SJR.B
Shaw Communications
Communication Services
Telecommunication Services
29.15
37.00
18.43
24.26
24.26
1.52
3.2000
83.7700
12
1.19
3.2000
1
5
Tollbooth - Regulated
NO
NO
NO
NO
Canada
1
TSE:EMA
EMA
Emera
Utilities
Utilities - Regulated Electric
65.87
52.33
14.04
17.53
17.53
2.91
5.2700
88.4200
4
2.76
9.3800
5
8
Tollbooth - Regulated
NO
YES
YES
NO
Canada
1
TSE:ARX
ARX
Arc Resources
Energy
Oil & Gas E&P
49.90
19.82
12.54
5.98
5.98
3.01
3.0300
13.1400
4
0.60
3.0300
3
6
Intermediate
NO
NO
NO
NO
Canada
1
TSE:CU
CU
Canadian Utilities
Utilities
Utilities - Diversified
59.64
36.40
9.82
16.57
16.57
2.48
4.8800
91.8900
4
1.78
8.6800
4
8
Tollbooth - Regulated
NO
YES
YES
NO
Canada
1
TSE:IGM
IGM
IGM Financial
Financial Services
Asset Management
53.43
39.65
9.42
10.45
10.45
3.77
5.6700
59.0500
4
2.25
5.6700
2
9
Consumable - Discretionary
NO
NO
NO
NO
Canada
1
TSE:IAG
IAG
Industrial Alliance
Financial Services
Insurance - Diversified
67.87
76.65
8.07
10.33
10.33
8.46
3.5200
34.3800
4
2.70
11.3400
7
6
Tollbooth - Unregulated
NO
NO
YES
NO
Canada
1
TSE:KEY
KEY
Keyera Corp
Energy
Oil & Gas Midstream
48.08
31.34
6.93
13.85
13.85
2.26
6.1300
84.8400
12
1.92
9.6600
4
8
Tollbooth - Unregulated
NO
NO
YES
NO
Canada
1
TSE:AQN
AQN
Algonquin Power & Utilities Corp
Utilities
Utilities - Renewable
47.08
10.17
6.85
153.56
153.56
0.89
9.6000
1638.3500
4
0.72
18.5800
8
0
Tollbooth - Unregulated
NO
YES
YES
NO
Canada
1
TSE:WCP
WCP
Whitecap Resources
Energy
Oil & Gas E&P
57.91
10.84
6.62
4.30
4.30
1.77
4.0600
13.4300
12
0.44
4.0600
3
7
Intermediate
NO
NO
NO
NO
Canada
1
TSE:ALA
ALA
AltaGas
Utilities
Utilities - Regulated Gas
53.91
22.82
6.42
34.69
34.69
1.57
4.6500
155.3200
4
1.06
4.6500
4
7
Tollbooth - Regulated
NO
NO
NO
NO
Canada
1
TSE:REI.UN
REI.UN
RioCan
Real Estate
REIT - Retail
32.64
21.05
6.39
14.59
14.59
0.00
4.8500
68.5100
12
1.02
4.8500
1
4
Tollbooth - Unregulated
NO
NO
NO
NO
Canada
1
TSE:CPX
CPX
Capital Power Corporation
Utilities
Utilities - Independent Power Producers
56.91
46.92
5.48
43.45
43.45
3.41
4.9400
203.9400
4
2.32
10.2900
5
7
Tollbooth - Unregulated
NO
NO
YES
NO
Canada
1
TSE:BTO
BTO
B2Gold
Basic Materials
Gold
47.46
4.79
5.14
16.32
16.32
0.31
4.5100
73.8300
4
0.16
4.5100
4
6
Intermediate
NO
NO
NO
NO
Canada
1
TSE:GRT.UN
GRT.UN
Granite REIT
Real Estate
REIT - Industrial
60.81
78.31
5.01
8.28
8.28
0.00
3.9600
32.4400
12
3.10
7.2400
5
6
Tollbooth - Unregulated
YES
YES
YES
NO
Canada
1
TSE:ACO.X
ACO.X
Atco
Utilities
Utilities - Diversified
62.82
42.44
4.85
12.51
12.51
3.75
4.3500
53.8700
4
1.85
10.3400
5
7
Tollbooth - Regulated
YES
YES
YES
NO
Canada
1
TSE:CHP.UN
CHP.UN
Choice Properties REIT
Real Estate
REIT - Retail
41.87
14.58
4.78
9.09
9.09
0.00
5.0800
20.9000
12
0.74
5.0800
3
4
Tollbooth - Unregulated
NO
NO
NO
NO
Canada
1
TSE:SMU.UN
SMU.UN
Summit Industrial Income REIT
Real Estate
REIT - Industrial
38.43
22.48
4.27
8.49
8.49
0.00
2.5800
21.3700
12
0.58
2.5800
3
3
Tollbooth - Unregulated
NO
NO
YES
NO
Canada
1
TSE:SRU.UN
SRU.UN
SmartCentres REIT
Real Estate
REIT - Retail
46.21
27.26
3.94
4.91
4.91
0.00
6.7900
27.2700
12
1.85
8.4200
2
5
Tollbooth - Unregulated
NO
NO
YES
NO
Canada
1
TSE:RNW
RNW
TransAlta Renewables
Utilities
Utilities - Renewable
45.87
14.26
3.81
49.45
49.45
0.29
6.5900
327.2700
12
0.94
6.5900
2
9
Tollbooth - Unregulated
NO
NO
NO
NO
Canada
1
TSE:GEI
GEI
Gibson Energy
Energy
Oil & Gas Midstream
43.33
23.82
3.49
17.47
17.47
1.36
6.2100
105.2100
4
1.48
7.4000
3
8
Tollbooth - Unregulated
NO
NO
NO
NO
Canada
1
TSE:AP.UN
AP.UN
Allied Properties REIT
Real Estate
REIT - Office
57.07
26.22
3.36
7.03
7.03
0.00
6.6700
45.3700
12
1.75
9.1800
5
5
Tollbooth - Unregulated
NO
NO
YES
NO
Canada
1
TSE:HR.UN
HR.UN
H&R REIT
Real Estate
REIT - Diversified
32.12
12.39
3.29
3.03
3.03
0.00
4.4400
16.1300
12
0.55
4.4400
1
4
Tollbooth - Unregulated
NO
NO
NO
NO
Canada
1
TSE:DIR.UN
DIR.UN
Dream Industrial
Real Estate
REIT - Industrial
45.18
12.06
3.08
3.39
3.39
0.00
5.8000
18.6600
12
0.70
5.8000
3
5
Tollbooth - Unregulated
NO
NO
NO
NO
Canada
1
TSE:CIX
CIX
CI Financial
Financial Services
Asset Management
53.27
14.35
2.69
6.20
6.20
3.23
5.0200
30.3700
4
0.72
5.0200
2
8
Consumable - Discretionary
NO
NO
NO
NO
Canada
1
TSE:NWH.UN
NWH.UN
Northwest Healthcare Properties REIT
Real Estate
REIT - Healthcare Facilities
51.41
10.05
2.41
8.16
8.16
0.00
7.9600
66.7700
12
0.80
7.9600
2
6
Tollbooth - Unregulated
NO
NO
NO
NO
Canada
1
TSE:CWB
CWB
Canadian Western Bank
Financial Services
Banks - Regional
74.73
24.28
2.27
6.60
6.60
3.61
5.2700
35.8500
4
1.28
10.0200
6
9
Tollbooth - Unregulated
NO
YES
YES
NO
Canada
1
TSE:LIF
LIF
Labrador Iron Ore Royalty
Basic Materials
Steel
35.03
33.68
2.16
7.20
7.20
4.68
11.8800
75.9700
4
4.00
23.1400
4
1
Intermediate
NO
NO
NO
NO
Canada
1
TSE:CUF.UN
CUF.UN
Cominar REIT
Real Estate
REIT - Diversified
41.00
11.22
2.07
0.00
0.00
-0.53
3.2100
0.0000
12
0.36
0.0000
1
321
Tollbooth - Unregulated
NO
NO
NO
NO
Canada
1
TSE:EIF
EIF
Exchange Income Fund
Industrials
Airlines
47.02
48.53
2.06
21.11
21.11
3.01
5.1900
87.6200
12
2.52
6.7800
3
8
Consumable - Discretionary
NO
NO
YES
NO
Canada
1
TSE:SPB
SPB
Superior Plus
Utilities
Utilities - Regulated Gas
37.27
10.07
2.03
0.00
0.00
-0.04
7.1500
0.0000
12
0.72
7.1500
1
10
Tollbooth - Regulated
NO
NO
NO
NO
Canada
1
TSE:KMP.UN
KMP.UN
Killam Apartment REIT
Real Estate
REIT - Residential
45.41
16.64
1.94
9.18
9.18
0.00
4.2100
35.6100
12
0.70
6.0600
4
4
Tollbooth - Unregulated
NO
NO
YES
NO
Canada
1
TSE:CSH.UN
CSH.UN
Chartwell Retirement Residences
Real Estate
REIT - Healthcare Facilities
44.75
8.20
1.93
92.98
92.98
0.00
7.4600
3231.1900
12
0.61
8.7200
4
6
Tollbooth - Unregulated
NO
NO
YES
NO
Canada
1
TSE:ITP
ITP
Intertape Polymer Group Inc.
Consumer Cyclical
Packaging & Containers
29.88
30.99
1.84
19.20
19.20
2.65
2.7600
47.3000
4
0.68
4.9800
3
2
Intermediate
NO
NO
YES
NO
Canada
1
TSE:RUS
RUS
Russel Metals
Industrials
Industrial Distribution
45.93
28.92
1.81
4.39
4.39
6.62
5.2600
23.0400
4
1.52
5.2600
2
9
Intermediate
NO
NO
NO
NO
Canada
1
TSE:NWC
NWC
The North West Company
Consumer Defensive
Grocery Stores
54.58
37.40
1.79
13.79
13.79
2.71
4.0600
53.7900
4
1.52
4.0600
4
6
Consumable - Necessities
NO
NO
YES
NO
Canada
1
TSE:CRR.UN
CRR.UN
Crombie REIT
Real Estate
REIT - Diversified
28.12
16.10
1.69
290.35
290.35
0.00
5.5300
2198.2700
12
0.89
5.5300
1
4
Tollbooth - Unregulated
NO
NO
NO
NO
Canada
1
TSE:CRT.UN
CRT.UN
CT REIT
Real Estate
REIT - Retail
56.71
15.46
1.66
29.34
29.34
0.00
5.6100
52.8700
12
0.87
9.4700
6
5
Tollbooth - Unregulated
NO
NO
YES
NO
Canada
1
TSE:WTE
WTE
Westshore Terminals
Industrials
Marine Shipping
38.37
24.45
1.55
17.02
17.02
1.44
4.9100
184.4600
4
1.20
4.9100
1
7
Intermediate
NO
NO
NO
NO
Canada
1
TSE:TCL.A
TCL.A
Transcontinental
Industrials
Specialty Business Services
44.82
16.90
1.46
0.00
0.00
2.21
5.3300
65.1700
4
0.90
8.0600
5
8
Intermediate
NO
YES
YES
NO
Canada
1
TSE:MTL
MTL
Mullen Group
Energy
Oil & Gas Equipment & Services
35.17
15.39
1.43
12.71
12.71
1.20
4.6800
49.4400
12
0.72
4.6800
2
7
Intermediate
NO
NO
NO
NO
Canada
1
TSE:LB
LB
Laurentian Bank
Financial Services
Banks - Regional
42.48
32.42
1.40
24.96
24.96
4.95
5.5500
133.5000
4
1.80
5.5500
1
9
Tollbooth - Unregulated
NO
NO
NO
NO
Canada
1
TSE:AX.UN
AX.UN
Artis REIT
Real Estate
REIT - Diversified
42.58
9.25
1.07
7.13
7.13
0.00
6.4900
231.5700
12
0.60
6.4900
2
5
Tollbooth - Unregulated
NO
NO
NO
NO
Canada
1
TSE:SIA
SIA
Sienna Senior Living
Healthcare
Medical Care Facilities
37.97
11.53
0.84
34.40
34.40
0.00
8.1200
299.7600
12
0.94
8.9100
4
2
Tollbooth - Unregulated
NO
NO
NO
NO
Canada
1
TSE:NFI
NFI
NFI Group
Consumer Cyclical
Auto Manufacturers
31.57
9.78
0.75
0.00
0.00
-2.61
2.1700
0.0000
4
0.21
2.1700
1
5
Durable
NO
NO
NO
NO
Canada
1
TSE:D.UN
D.UN
Dream Office REIT
Real Estate
REIT - Office
41.92
15.41
0.71
4.77
4.77
0.00
6.4900
25.0800
12
1.00
6.4900
1
5
Tollbooth - Unregulated
NO
NO
NO
NO
Canada
1
TSE:ARE
ARE
Aecon Group
Industrials
Engineering & Construction
34.80
9.89
0.60
51.00
51.00
0.25
7.4800
195.3100
4
0.74
16.2400
4
0
Durable
NO
NO
YES
NO
Canada
1
TSE:CJR.B
CJR.B
Corus Entertainment
Communication Services
Entertainment
41.74
2.39
0.47
0.00
0.00
0.52
10.0400
0.0000
4
0.24
10.0400
3
10
Tollbooth - Unregulated
NO
NO
NO
NO
Canada
1
XEI focuses on established, profitable companies with long dividend track records. Some of its top holdings include leading Canadian names like Toronto Dominion, Royal Bank of Canada, TC Energy, BCE, etc. Toronto Dominion is its most significant holding with a ~5% weightage, followed by RBC with another 5% allocation.
TC Energy is its third-largest holding, accounting for ~4.9% of iShares XEI’s fund allocation. XEI is a good way of investing in the large-cap companies, listed on the TSX, and paying regular dividends.
iShares XEI ETF Sector Allocation
iShares XEI is diversified by sectors. The ETF is majorly inclined towards the Energy, Financials, and Communication sectors with a weightage of ~30%, ~30%, and ~13%, respectively. It also provides investors with exposure to utilities (~11%) and materials (~6%), and the balance of 10% towards consumer cyclical, healthcare, and industrials companies. So, the highest allocation is towards energy and the lowest weightage is in the healthcare sectors. However, these allocations may change from time to time.
wdt_ID
Sector
Ratio
1
Financials
30.01
2
Utilities
10.95
3
Communication Services
12.92
4
Consumer Cyclical
2.68
5
Energy
29.68
6
Basic Materials
6.11
7
8
Industrials
1.04
9
Consumer Defensive
0.19
10
Real Estate
5.72
11
Cash
0.29
12
Technology
10.37
13
Healthcare
0.42
Why hold iShares XEI ETF
XEI ETF is similar to many other ETFs and dividend ETFs that are broadly following the TSX. In the end, you want to focus on the lower fees and the more consistent yield.
I must admit that I see it as only an income investment in retirement.