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iShares Core S&P/TSX Capped Composite Index ETF (XIC $43.74)
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iShares S&P/TSX 60 Index ETF (XIU $41.27)
Q: For TSX exposure do you prefer XIC or XIU (or something else?) and why? Thanks.
5i Research Answer:
XIC is a 'capped' ETF, meaning single company exposure is restricted. This provides more diversification to a TSX fund. The TSX is very heavily skewed to financials and energy. Thus, we prefer XIC for more diversifed exposure.