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iShares Core MSCI Canadian Quality Dividend Index ETF (XDIV $38.55)
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iShares Core Equity ETF Portfolio (XEQT $41.74)
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Ninepoint Enhanced Canadian HighShares ETF (ECHI $12.17)
Q: Can you comment on these etfs from a likely return point of view
5i Research Answer:
XEQT is a core equity ETF with exposure to Canada, the US and international markets. Five year return is 13.40%. We would expect lower than that as it has been an above average recent return.
XDIV is even higher at 18.15%, and all Canada dividend stocks. Again, we would tone down expectations here to perhaps 10%.
ECHI has a short history. YTD is 8.72% and it does not have even one year numbers. Thus, it is a harder call. It is a covered call fund which enhances income but gives up potential gains in a rally. We might target 9% here.