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
$217,738 YTD
$167,963 YTD
16
2024
7,000
95,000
145,061
227,105
17
2025
7,000
102,000
159,664
257,516
18
2026
7,000
109,000
174,997
290,967
19
2027
7,000
116,000
191,097
327,764
20
2028
7,500
123,500
208,526
368,791
21
2029
7,500
131,000
226,828
413,920
22
2030
7,500
138,500
246,044
463,562
23
2031
7,500
146,000
266,221
518,168
24
2032
7,500
153,500
287,407
578,235
25
2033
7,500
161,000
309,653
644,308
26
2034
7,500
168,500
333,011
716,989
27
2035
7,500
176,000
357,536
796,938
28
2036
7,500
183,500
383,288
884,881
29
2037
7,500
191,000
410,327
981,620
30
2038
7,500
198,500
438,719
1,088,032
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
SectorID
IndustryID
Grade
MarketCapGroup
TSE:RY
RY
Royal Bank
Financial Services
Banks - Diversified
59.25
118.96
166.82
11.50
11.50
11.37
4.5400
50.9700
4
5.40
11.3500
5
6
Tollbooth - Unregulated
NO
YES
YES
NO
Canada
1
7
21
B
Large Cap
TSE:TD
TD
TD Bank
Financial Services
Banks - Diversified
61.40
83.35
151.01
10.78
10.78
8.34
4.6100
48.7500
4
3.84
11.8000
5
6
Tollbooth - Unregulated
NO
YES
YES
NO
Canada
1
7
21
B
Large Cap
TSE:ENB
ENB
Enbridge
Energy
Oil & Gas Midstream
58.61
46.57
98.99
31.08
31.08
2.78
7.6200
234.0800
4
3.55
12.8500
6
8
Tollbooth - Unregulated
YES
YES
YES
NO
Canada
1
5
71
B
Large Cap
TSE:CNQ
CNQ
Canadian Natural Resources
Energy
Oil & Gas E&P
83.47
89.28
97.35
13.89
13.89
7.38
4.4800
54.6000
4
4.00
26.6100
9
6
Intermediate
YES
YES
YES
NO
Canada
1
5
69
A+
Large Cap
TSE:BMO
BMO
Bank of Montreal
Financial Services
Banks - Diversified
66.77
110.33
79.53
10.95
10.95
11.97
5.3300
57.9300
4
5.88
12.1200
6
7
Tollbooth - Unregulated
NO
YES
YES
NO
Canada
1
7
21
A
Large Cap
TSE:BNS
BNS
Scotia Bank
Financial Services
Banks - Diversified
69.41
60.13
72.48
9.48
9.48
7.34
7.0500
64.3500
4
4.24
12.2200
5
9
Tollbooth - Unregulated
NO
YES
YES
NO
Canada
1
7
21
A
Large Cap
TSE:SU
SU
Suncor
Energy
Oil & Gas Integrated
62.97
44.65
57.82
7.21
7.21
5.65
4.6600
33.4100
4
2.08
8.4800
4
7
Consumable - Necessities
NO
NO
NO
NO
Canada
1
5
70
B
Large Cap
TSE:TRP
TRP
TC Energy
Energy
Oil & Gas Midstream
59.48
50.60
52.50
0.00
0.00
4.28
7.3500
0.0000
4
3.72
13.6200
6
10
Tollbooth - Unregulated
NO
YES
YES
NO
Canada
1
5
71
B
Large Cap
TSE:CM
CM
CIBC
Financial Services
Banks - Diversified
64.09
53.69
49.63
11.00
11.00
6.55
6.4800
69.5000
4
3.48
11.9500
5
8
Tollbooth - Unregulated
NO
YES
YES
NO
Canada
1
7
21
B
Large Cap
TSE:BCE
BCE
BCE
Communication Services
Telecommunication Services
68.96
53.76
49.04
22.07
22.07
3.16
7.2000
117.1900
4
3.87
12.3000
6
9
Tollbooth - Regulated
NO
YES
YES
NO
Canada
1
2
99
A
Large Cap
TSE:MFC
MFC
Manulife
Financial Services
Insurance - Life
62.52
26.39
47.83
9.75
9.75
3.42
5.5300
52.2200
4
1.46
15.2300
5
7
Tollbooth - Unregulated
NO
NO
YES
NO
Canada
1
7
55
B
Large Cap
TSE:IMO
IMO
Imperial Oil
Energy
Oil & Gas Integrated
76.03
78.87
43.77
8.85
8.85
8.90
2.5400
21.0100
4
2.00
14.3000
8
5
Consumable - Necessities
YES
YES
YES
NO
Canada
1
5
70
A
Large Cap
TSE:SLF
SLF
Sun Life Financial
Financial Services
Insurance - Diversified
51.00
69.90
40.84
12.85
12.85
6.37
4.2900
54.0100
4
3.00
11.0100
5
6
Tollbooth - Unregulated
NO
NO
YES
NO
Canada
1
7
54
B
Large Cap
TSE:GWO
GWO
Great West Life
Financial Services
Insurance - Life
53.49
43.62
40.68
12.94
12.94
3.84
4.7700
60.7000
4
2.08
9.5400
5
6
Tollbooth - Unregulated
NO
NO
YES
NO
Canada
1
7
55
B
Large Cap
TSE:NTR
NTR
Nutrien
Basic Materials
Agricultural Inputs
63.10
76.28
37.72
12.89
12.89
8.06
3.7900
47.0900
4
2.12
6.7300
5
6
Intermediate
NO
NO
YES
NO
Canada
1
1
114
B
Large Cap
TSE:T
T
Telus
Communication Services
Telecommunication Services
68.70
24.06
34.99
43.40
43.40
0.94
6.2500
257.5500
4
1.50
12.6400
7
7
Tollbooth - Regulated
NO
YES
YES
NO
Canada
1
2
99
A
Large Cap
TSE:RCI.B
RCI.B
Rogers
Communication Services
Telecommunication Services
29.44
58.70
31.12
28.91
28.91
4.47
3.4100
100.4900
4
2.00
3.4100
1
5
Tollbooth - Regulated
NO
NO
NO
NO
Canada
1
2
99
D
Large Cap
TSE:NA
NA
National Bank
Financial Services
Banks - Diversified
64.71
90.20
30.51
9.71
9.71
9.23
4.5200
41.3300
4
4.08
13.6300
6
6
Tollbooth - Unregulated
NO
YES
YES
NO
Canada
1
7
21
B
Large Cap
TSE:QSR
QSR
Restaurant Brands International
Consumer Cyclical
Restaurants
39.47
94.76
29.51
23.93
23.93
4.35
3.1700
75.1900
4
2.20
5.7700
4
4
Consumable - Discretionary
NO
NO
YES
NO
Canada
1
3
87
D
Large Cap
TSE:FTS
FTS
Fortis
Utilities
Utilities - Regulated Electric
63.74
55.73
27.22
18.06
18.06
3.09
4.2300
55.9200
4
2.36
9.6000
6
6
Tollbooth - Regulated
NO
YES
YES
NO
Canada
1
12
106
B
Large Cap
TSE:PPL
PPL
Pembina Pipeline
Energy
Oil & Gas Midstream
48.73
45.01
24.72
20.71
20.71
2.17
5.9300
130.9100
4
2.67
8.5200
4
7
Tollbooth - Unregulated
NO
NO
YES
NO
Canada
1
5
71
C
Large Cap
TSE:H
H
Hydro One
Utilities
Utilities - Regulated Electric
47.23
37.90
22.71
21.04
21.04
1.80
3.1300
63.7700
4
1.19
8.0500
4
5
Tollbooth - Regulated
NO
NO
YES
NO
Canada
1
12
106
C
Large Cap
TSE:POW
POW
Power Corporation
Financial Services
Insurance - Life
60.00
37.36
22.48
10.37
10.37
0.00
5.6200
59.5200
4
2.10
11.1100
5
7
Tollbooth - Unregulated
NO
NO
YES
NO
Canada
1
7
55
B
Large Cap
TSE:BIP.UN
BIP.UN
Brookfield Infrastructure Partners
Utilities
Utilities - Diversified
49.13
36.99
17.01
67.80
67.80
0.41
5.6400
375.0000
4
1.53
15.3900
4
4
Tollbooth - Regulated
NO
NO
NO
NO
Canada
1
12
104
C
Large Cap
TSE:EMA
EMA
Emera
Utilities
Utilities - Regulated Electric
60.74
48.20
13.22
11.16
11.16
3.27
5.9500
63.7400
4
2.87
10.0100
4
8
Tollbooth - Regulated
NO
NO
YES
NO
Canada
1
12
106
B
Large Cap
TSE:ARX
ARX
Arc Resources
Energy
Oil & Gas E&P
54.94
21.40
12.92
7.25
7.25
2.96
3.1800
21.4100
4
0.68
3.1800
3
5
Intermediate
NO
NO
NO
NO
Canada
1
5
69
B
Large Cap
TSE:IAG
IAG
Industrial Alliance
Financial Services
Insurance - Diversified
51.63
89.93
9.08
12.54
12.54
9.35
3.4000
39.7300
4
3.06
13.6500
5
5
Tollbooth - Unregulated
NO
NO
YES
NO
Canada
1
7
54
B
Mid Cap
TSE:CU
CU
Canadian Utilities
Utilities
Utilities - Diversified
58.84
30.72
8.52
14.09
14.09
2.24
5.8400
119.1900
4
1.79
7.4900
4
7
Tollbooth - Regulated
NO
YES
YES
NO
Canada
1
12
104
B
Mid Cap
TSE:IGM
IGM
IGM Financial
Financial Services
Asset Management
55.57
33.43
7.96
8.38
8.38
3.53
6.7300
56.3300
4
2.25
6.7500
3
9
Consumable - Discretionary
NO
NO
NO
NO
Canada
1
7
17
B
Mid Cap
TSE:ALA
ALA
AltaGas
Utilities
Utilities - Regulated Gas
48.89
27.70
7.81
13.48
13.48
1.77
4.0400
53.6100
4
1.12
4.0400
4
6
Tollbooth - Regulated
NO
NO
NO
NO
Canada
1
12
107
C
Mid Cap
TSE:KEY
KEY
Keyera Corp
Energy
Oil & Gas Midstream
43.98
33.08
7.58
26.11
26.11
1.27
6.0500
150.8700
4
2.00
7.2900
4
7
Tollbooth - Unregulated
NO
NO
NO
NO
Canada
1
5
71
C
Mid Cap
TSE:WCP
WCP
Whitecap Resources
Energy
Oil & Gas E&P
53.59
9.60
5.81
6.44
6.44
1.49
7.6000
36.3300
12
0.73
12.3300
5
2
Intermediate
NO
NO
NO
NO
Canada
1
5
69
B
Mid Cap
TSE:AQN
AQN
Algonquin Power & Utilities Corp
Utilities
Utilities - Renewable
35.26
8.16
5.62
0.00
0.00
0.79
7.2600
0.0000
4
0.43
16.4100
3
2
Tollbooth - Unregulated
NO
NO
NO
NO
Canada
1
12
109
D
Mid Cap
TSE:BTO
BTO
B2Gold
Basic Materials
Gold
74.64
4.14
5.38
11.85
11.85
0.45
5.2700
67.9500
4
0.16
157.2600
7
7
Intermediate
NO
NO
NO
NO
Canada
1
1
46
A
Mid Cap
TSE:REI.UN
REI.UN
RioCan
Real Estate
REIT - Retail
33.71
17.60
5.28
34.91
34.91
0.00
6.1400
210.3600
12
1.08
6.1400
1
4
Tollbooth - Unregulated
NO
NO
NO
NO
Canada
1
10
84
D
Mid Cap
TSE:GRT.UN
GRT.UN
Granite REIT
Real Estate
REIT - Industrial
42.67
69.57
4.43
0.00
0.00
0.00
4.6000
0.0000
12
3.20
8.0500
6
3
Tollbooth - Unregulated
NO
YES
YES
NO
Canada
1
10
81
C
Mid Cap
TSE:SMU.UN
SMU.UN
Summit Industrial Income REIT
Real Estate
REIT - Industrial
23.65
23.22
4.41
8.77
8.77
0.00
0.0000
21.3700
12
0.00
0.0000
2
1
Tollbooth - Unregulated
NO
NO
NO
NO
Canada
1
10
81
D
Mid Cap
TSE:CHP.UN
CHP.UN
Choice Properties REIT
Real Estate
REIT - Retail
42.49
13.17
4.32
14.37
14.37
0.00
5.6900
36.8600
12
0.75
5.8700
3
4
Tollbooth - Unregulated
NO
NO
NO
NO
Canada
1
10
84
C
Mid Cap
TSE:CPX
CPX
Capital Power Corporation
Utilities
Utilities - Independent Power Producers
75.15
36.43
4.28
8.28
8.28
7.86
6.7500
53.3800
4
2.46
12.7400
6
9
Tollbooth - Unregulated
NO
NO
YES
NO
Canada
1
12
105
A
Mid Cap
TSE:ACO.X
ACO.X
Atco
Utilities
Utilities - Diversified
62.57
37.73
4.27
10.26
10.26
3.66
5.0400
64.3500
4
1.90
9.5500
5
7
Tollbooth - Regulated
YES
YES
YES
NO
Canada
1
12
104
B
Mid Cap
TSE:RNW
RNW
TransAlta Renewables
Utilities
Utilities - Renewable
46.39
12.86
3.43
44.02
44.02
0.30
7.3100
321.7900
12
0.94
7.3100
2
8
Tollbooth - Unregulated
NO
NO
NO
NO
Canada
1
12
109
C
Mid Cap
TSE:DIR.UN
DIR.UN
Dream Industrial
Real Estate
REIT - Industrial
39.82
12.42
3.38
44.35
44.35
0.00
5.6400
233.4200
12
0.70
5.6400
3
4
Tollbooth - Unregulated
NO
NO
NO
NO
Canada
1
10
81
D
Mid Cap
TSE:SRU.UN
SRU.UN
SmartCentres REIT
Real Estate
REIT - Retail
38.09
22.92
3.31
8.53
8.53
0.00
8.0700
55.3200
12
1.85
8.7500
2
5
Tollbooth - Unregulated
NO
NO
YES
NO
Canada
1
10
84
D
Mid Cap
TSE:GEI
GEI
Gibson Energy
Energy
Oil & Gas Midstream
57.18
20.68
2.93
13.42
13.42
1.52
7.5400
100.8700
4
1.56
9.8600
5
9
Tollbooth - Unregulated
NO
NO
NO
NO
Canada
1
5
71
B
Mid Cap
TSE:CWB
CWB
Canadian Western Bank
Financial Services
Banks - Regional
59.12
28.74
2.77
8.70
8.70
3.52
4.5900
38.7400
4
1.32
9.3100
5
7
Tollbooth - Unregulated
NO
YES
YES
NO
Canada
1
7
22
B
Mid Cap
TSE:CSH.UN
CSH.UN
Chartwell Retirement Residences
Real Estate
REIT - Healthcare Facilities
32.91
10.71
2.57
0.00
0.00
0.00
5.7100
0.0000
12
0.61
6.9700
3
4
Tollbooth - Unregulated
NO
NO
YES
NO
Canada
1
10
80
D
Mid Cap
TSE:SPB
SPB
Superior Plus
Utilities
Utilities - Regulated Gas
20.19
9.98
2.48
45.37
45.37
0.26
21.6400
437.8400
12
2.16
21.6400
2
0
Tollbooth - Regulated
NO
NO
NO
NO
Canada
1
12
107
D
Mid Cap
TSE:HR.UN
HR.UN
H&R REIT
Real Estate
REIT - Diversified
30.26
9.00
2.36
0.00
0.00
0.00
6.6700
0.0000
12
0.60
6.6700
1
5
Tollbooth - Unregulated
NO
NO
NO
NO
Canada
1
10
120
D
Mid Cap
TSE:RUS
RUS
Russel Metals
Industrials
Industrial Distribution
38.35
38.30
2.33
8.56
8.56
4.31
4.1800
34.8200
4
1.60
4.1800
2
6
Intermediate
NO
NO
NO
NO
Canada
1
9
52
D
Mid Cap
TSE:CIX
CIX
CI Financial
Financial Services
Asset Management
43.67
13.71
2.23
45.56
45.56
3.19
5.8400
209.6900
4
0.80
5.8400
3
7
Consumable - Discretionary
NO
NO
NO
NO
Canada
1
7
17
C
Mid Cap
TSE:AP.UN
AP.UN
Allied Properties REIT
Real Estate
REIT - Office
44.46
17.43
2.23
0.00
0.00
0.00
10.3300
0.0000
12
1.80
13.0500
5
7
Tollbooth - Unregulated
NO
NO
YES
NO
Canada
1
10
82
C
Mid Cap
TSE:EIF
EIF
Exchange Income Fund
Industrials
Airlines
50.31
45.64
2.15
17.78
17.78
3.02
5.5200
92.0600
12
2.52
8.1900
4
6
Consumable - Discretionary
NO
NO
YES
NO
Canada
1
9
14
B
Mid Cap
TSE:LIF
LIF
Labrador Iron Ore Royalty
Basic Materials
Steel
48.87
31.71
2.03
11.33
11.33
2.80
11.9800
99.8700
4
3.80
11.9800
4
9
Intermediate
NO
NO
NO
NO
Canada
1
1
97
C
Mid Cap
TSE:KMP.UN
KMP.UN
Killam Apartment REIT
Real Estate
REIT - Residential
46.04
16.96
2.00
8.04
8.04
0.00
4.1300
29.5700
12
0.70
5.9700
4
3
Tollbooth - Unregulated
NO
NO
YES
NO
Canada
1
10
83
C
Mid Cap
TSE:NWC
NWC
The North West Company
Consumer Defensive
Grocery Stores
62.94
36.41
1.74
14.61
14.61
2.76
4.2800
60.0000
4
1.56
8.1700
6
5
Consumable - Necessities
NO
YES
YES
NO
Canada
1
4
47
B
Small Cap
TSE:NFI
NFI
NFI Group
Consumer Cyclical
Auto Manufacturers
8.88
13.89
1.65
0.00
0.00
-2.27
0.0000
0.0000
0
0.00
0.0000
0
2
Durable
NO
NO
NO
NO
Canada
1
3
18
D
Small Cap
TSE:WTE
WTE
Westshore Terminals
Industrials
Marine Shipping
33.45
25.29
1.58
16.56
16.56
1.53
5.5400
88.4500
4
1.40
5.5400
1
6
Intermediate
NO
NO
NO
NO
Canada
1
9
118
D
Small Cap
TSE:CRT.UN
CRT.UN
CT REIT
Real Estate
REIT - Retail
56.27
13.76
1.49
36.78
36.78
0.00
6.5300
77.6100
12
0.90
10.4900
6
5
Tollbooth - Unregulated
YES
YES
YES
NO
Canada
1
10
84
B
Small Cap
TSE:CRR.UN
CRR.UN
Crombie REIT
Real Estate
REIT - Diversified
32.04
13.09
1.40
874.42
874.42
0.00
6.8000
6697.6100
12
0.89
6.8000
2
5
Tollbooth - Unregulated
NO
NO
NO
NO
Canada
1
10
120
D
Small Cap
TSE:MTL
MTL
Mullen Group
Energy
Oil & Gas Equipment & Services
58.04
13.35
1.18
7.61
7.61
1.76
5.3900
38.6900
12
0.72
5.3900
3
8
Intermediate
NO
NO
NO
NO
Canada
1
5
115
B
Small Cap
TSE:LB
LB
Laurentian Bank
Financial Services
Banks - Regional
47.51
25.92
1.13
5.79
5.79
4.84
7.2500
41.0700
4
1.88
7.2500
2
9
Tollbooth - Unregulated
NO
NO
NO
NO
Canada
1
7
22
C
Small Cap
TSE:NWH.UN
NWH.UN
Northwest Healthcare Properties REIT
Real Estate
REIT - Healthcare Facilities
29.82
4.50
1.09
0.00
0.00
0.00
8.0000
0.0000
12
0.36
8.0000
3
5
Tollbooth - Unregulated
NO
NO
NO
NO
Canada
1
10
80
D
Small Cap
TSE:TCL.A
TCL.A
Transcontinental
Industrials
Specialty Business Services
44.20
10.98
0.95
9.11
9.11
1.99
8.2000
74.6400
4
0.90
9.3300
2
8
Intermediate
NO
NO
YES
NO
Canada
1
9
92
C
Small Cap
TSE:SIA
SIA
Sienna Senior Living
Healthcare
Medical Care Facilities
45.80
10.87
0.79
0.00
0.00
0.00
8.6100
0.0000
12
0.94
9.0100
4
10
Tollbooth - Unregulated
NO
NO
NO
NO
Canada
1
8
113
C
Small Cap
TSE:ARE
ARE
Aecon Group
Industrials
Engineering & Construction
58.42
11.20
0.69
5.04
5.04
2.12
6.6100
26.3000
4
0.74
14.7600
5
9
Durable
NO
NO
YES
NO
Canada
1
9
38
B
Small Cap
TSE:AX.UN
AX.UN
Artis REIT
Real Estate
REIT - Diversified
29.82
6.29
0.68
0.00
0.00
0.00
9.5400
0.0000
12
0.60
9.5400
2
6
Tollbooth - Unregulated
NO
NO
NO
NO
Canada
1
10
120
D
Small Cap
TSE:D.UN
D.UN
Dream Office REIT
Real Estate
REIT - Office
32.59
8.56
0.39
0.00
0.00
0.00
11.6800
0.0000
12
1.00
11.6800
2
7
Tollbooth - Unregulated
NO
NO
NO
NO
Canada
1
10
82
D
Small Cap
TSE:CJR.B
CJR.B
Corus Entertainment
Communication Services
Entertainment
19.52
0.55
0.11
0.00
0.00
0.15
0.0000
0.0000
4
0.00
0.0000
0
2
Tollbooth - Unregulated
NO
NO
NO
NO
Canada
1
2
39
D
Micro Cap
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.