Investment Q&A

• iShares Canadian Select Dividend Index ETF (XDV $34.89)
  • $34.89 P/E (TTM): 18.66X Cap: $1.88B
  • View XDV Profile
  • View Questions on XDV
• iShares S&P/TSX Composite High Dividend Index ETF (XEI $29.42)
  • $29.42 P/E (TTM): 25.42X Cap: $2.13B
  • View XEI Profile
  • View Questions on XEI
• Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY $53.84)
  • $53.84 P/E (TTM): 9.2X Cap: $4.15B
  • View VDY Profile
  • View Questions on VDY
• iShares Core MSCI Canadian Quality Dividend Index ETF (XDIV $32.67)
  • $32.67 P/E (TTM): 3.19X Cap: $2.63B
  • View XDIV Profile
  • View Questions on XDIV

Q: I am thinking about moving some of my portfolio to ETF's, and when I looked at CDZ holdings, I was surprised to see FSZ as their top holding - a stock you have recently seen as a sell. Do you have any suggestions for a Canadian ETF that is more about great companies with a growing Dividend and not so heavy in Financials and Telcos? Thank You!

Upvote 11

Read Answer Asked by Pat on March 19, 2024

• BMO S&P 500 Index ETF (ZSP $97.57)
  • $97.57 P/E (TTM): 80.29X Cap: $19.43B
  • View ZSP Profile
  • View Questions on ZSP
• iShares Core S&P/TSX Capped Composite Index ETF (XIC $44.65)
  • $44.65 P/E (TTM): 5.95X Cap: $18.17B
  • View XIC Profile
  • View Questions on XIC
• iShares S&P/TSX Composite High Dividend Index ETF (XEI $29.42)
  • $29.42 P/E (TTM): 25.42X Cap: $2.13B
  • View XEI Profile
  • View Questions on XEI
• Vanguard Balanced ETF Portfolio (VBAL $35.31)
  • $35.31 P/E (TTM): 15.14X Cap: $3.75B
  • View VBAL Profile
  • View Questions on VBAL

Q: Hello, I am helping my 25 year old daughter put together a sleep at night portfolio. She is not a hands on or active investor.

She has about $ 100K and of these selections which ones would you suggest? And, what else would you recommend?
in Addition to Canada, I want US exposure with ZSP, especially with the potential growth of AI.
Thanks
Carlo

Upvote 4

Read Answer Asked by Carlo on January 16, 2024

• Canadian National Railway Company (CNR $129.56)
  • $129.56 P/E (TTM): 17.76X Cap: $80.32B
  • View CNR Profile
  • View Questions on CNR
• Canadian Pacific Kansas City Limited (CP $102.54)
  • $102.54 P/E (TTM): 22.84X Cap: $94.53B
  • View CP Profile
  • View Questions on CP
• iShares S&P/TSX Composite High Dividend Index ETF (XEI $29.42)
  • $29.42 P/E (TTM): 25.42X Cap: $2.13B
  • View XEI Profile
  • View Questions on XEI

Q: Good Morning 5i group. What are your thoughts for a recently retired person who has a large gain on CNR in an RRSP to sell the position tax free and buy an ETF say XEI and essentially triple the income and also diversify the portfolio further ?
Thanks for the great service, a different ETF or investment idea for consideration would be welcomed.

Upvote 4

Read Answer Asked by STEVE on November 23, 2023

• iShares S&P/TSX Composite High Dividend Index ETF (XEI $29.42)
  • $29.42 P/E (TTM): 25.42X Cap: $2.13B
  • View XEI Profile
  • View Questions on XEI
• Vanguard Dividend Appreciation FTF (VIG $209.59)
  • $209.59 P/E (TTM): 68.92X Cap: $92.26B
  • View VIG Profile
  • View Questions on VIG
• SPDR Dividend ETF (SDY $140.25)
  • $140.25 P/E (TTM): 41.67X Cap: $20.42B
  • View SDY Profile
  • View Questions on SDY

Q: Is there an ETF for the USA that is similar to XEI? Listed on a US exchange or TSX.
Thanks!

Upvote 2

Read Answer Asked by Grant on November 15, 2023

• Bank of Nova Scotia (The) (BNS $78.55)
  • $78.55 P/E (TTM): 16.45X Cap: $97.81B
  • View BNS Profile
  • View Questions on BNS
  • View Reports on BNS
• Bank of Montreal (BMO $156.47)
  • $156.47 P/E (TTM): 13.89X Cap: $112.73B
  • View BMO Profile
  • View Questions on BMO
• BCE Inc. (BCE $35.40)
  • $35.40 P/E (TTM): 76.89X Cap: $32.89B
  • View BCE Profile
  • View Questions on BCE
• Rogers Communications Inc. Class B Non-voting Shares (RCI.B $48.74)
  • $48.74 P/E (TTM): 17.99X Cap: $26.23B
  • View RCI.B Profile
  • View Questions on RCI.B
• SmartCentres Real Estate Investment Trust (SRU.UN $26.60)
  • $26.60 P/E (TTM): 16.82X Cap: $4.73B
  • View SRU.UN Profile
  • View Questions on SRU.UN
• Capital Power Corporation (CPX $60.99)
  • $60.99 P/E (TTM): 18.53X Cap: $9.46B
  • View CPX Profile
  • View Questions on CPX
  • View Reports on CPX
• Brookfield Infrastructure Partners L.P. (BIP.UN $41.74)
  • $41.74 P/E (TTM): 996.05X Cap: $27B
  • View BIP.UN Profile
  • View Questions on BIP.UN
• Sienna Senior Living Inc. (SIA $18.22)
  • $18.22 P/E (TTM): 43.79X Cap: $1.68B
  • View SIA Profile
  • View Questions on SIA
• iShares S&P/TSX Composite High Dividend Index ETF (XEI $29.42)
  • $29.42 P/E (TTM): 25.42X Cap: $2.13B
  • View XEI Profile
  • View Questions on XEI
• Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY $53.84)
  • $53.84 P/E (TTM): 9.2X Cap: $4.15B
  • View VDY Profile
  • View Questions on VDY
• First Capital Real Estate Investment Trust (FCR.UN $19.08)
  • $19.08 P/E (TTM): 20.78X Cap: $4.03B
  • View FCR.UN Profile
  • View Questions on FCR.UN

Q: Can you please provide proxies for tax loss selling for the above noted stocks/ETFs
Please deduct as many credits as necessary.
Thanks for your insight.

Upvote 7

Read Answer Asked by Terry on November 08, 2023

• iShares Core S&P/TSX Capped Composite Index ETF (XIC $44.65)
  • $44.65 P/E (TTM): 5.95X Cap: $18.17B
  • View XIC Profile
  • View Questions on XIC
• iShares S&P/TSX Composite High Dividend Index ETF (XEI $29.42)
  • $29.42 P/E (TTM): 25.42X Cap: $2.13B
  • View XEI Profile
  • View Questions on XEI
• iShares S&P/TSX 60 Index ETF (XIU $42.00)
  • $42.00 P/E (TTM): 14.6X Cap: $17.65B
  • View XIU Profile
  • View Questions on XIU

Q: Can you please tell me how the 10-year total return of XEI compares with XIU and XIC? Do you know methodology used for selecting holdings in the S&P/TSX Composite High Dividend index? Where can I find a complete list of the holdings in XEI?
Thank you!!

Upvote 9

Read Answer Asked by Grant on November 07, 2023

• Exchange Income Corporation (EIF $73.63)
  • $73.63 P/E (TTM): 28.69X Cap: $3.78B
  • View EIF Profile
  • View Questions on EIF
• iShares S&P/TSX Composite High Dividend Index ETF (XEI $29.42)
  • $29.42 P/E (TTM): 25.42X Cap: $2.13B
  • View XEI Profile
  • View Questions on XEI

Q: I'm reducing the number of holdings in one of my RIF's. With cash to re deploy, which is better for long term hold and dividend appreciation with minimal downside. Probably an apples to orange comparison but EIF is it's own mini etf with it's various holdings. Leaning toward XEI, what is your take? Both already owned btw

Upvote 0

Read Answer Asked by Harry on September 21, 2023

• BMO Canadian Dividend ETF (ZDV $24.38)
  • $24.38 P/E (TTM): 27.97X Cap: $1.20B
  • View ZDV Profile
  • View Questions on ZDV
• iShares S&P/TSX Composite High Dividend Index ETF (XEI $29.42)
  • $29.42 P/E (TTM): 25.42X Cap: $2.13B
  • View XEI Profile
  • View Questions on XEI
• iShares S&P/TSX Canadian Dividend Aristocrats Index ETF (CDZ $38.83)
  • $38.83 P/E (TTM): 5.71X Cap: $1B
  • View CDZ Profile
  • View Questions on CDZ
• Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY $53.84)
  • $53.84 P/E (TTM): 9.2X Cap: $4.15B
  • View VDY Profile
  • View Questions on VDY
• Global X Canadian High Dividend Index Corporate Class ETF (HXH $59.43)
  • $59.43 Cap: $164M
  • View HXH Profile
  • View Questions on HXH

Q: Good morning, I’m wondering if you could provide a list of a few dividend ETFs for a TFSA. Looking to contribute every two weeks. Currently hold XEI. Thanks

Upvote 0

Read Answer Asked by Seamus on September 20, 2023

• iShares S&P/TSX Composite High Dividend Index ETF (XEI $29.42)
  • $29.42 P/E (TTM): 25.42X Cap: $2.13B
  • View XEI Profile
  • View Questions on XEI

Q: I am reviewing my portfolio and realized that XEI has grown to be about 20% of my annual income earned from my investments. If it was an individual stock I would be concerned and divest some of it. As an ETF should I still be concerned? I am retired and have no work pension.

Upvote 0

Read Answer Asked by Betty on September 05, 2023

• iShares S&P/TSX Composite High Dividend Index ETF (XEI $29.42)
  • $29.42 P/E (TTM): 25.42X Cap: $2.13B
  • View XEI Profile
  • View Questions on XEI
• iShares S&P/TSX Canadian Dividend Aristocrats Index ETF (CDZ $38.83)
  • $38.83 P/E (TTM): 5.71X Cap: $1B
  • View CDZ Profile
  • View Questions on CDZ
• Vanguard U.S. Total Market Index ETF (CAD-hedged) (VUS $110.81)
  • $110.81 P/E (TTM): 67.18X Cap: $1.22B
  • View VUS Profile
  • View Questions on VUS

Q: When deciding what to hold in a non-registered account, is it more important to maintain adequate exposure to the US with something like VUS, or to keep the dividend tax credit with a CDN option like CDZ or XEI?

Upvote 0

Read Answer Asked by Alan on August 23, 2023

• iShares S&P/TSX Composite High Dividend Index ETF (XEI $29.42)
  • $29.42 P/E (TTM): 25.42X Cap: $2.13B
  • View XEI Profile
  • View Questions on XEI

Q: I'm noticing that my xei dividend which is supposed to be paid out July 31 is not in my account yet (I'm with cibc).

I expected to see it today Aug 1. Not yet. What is the usual wait for everyone for their dividend to be paid in relation to the posted pay date?

Thanks

Upvote 0

Read Answer Asked by Mark on August 02, 2023

• BMO Canadian Dividend ETF (ZDV $24.38)
  • $24.38 P/E (TTM): 27.97X Cap: $1.20B
  • View ZDV Profile
  • View Questions on ZDV
• iShares S&P/TSX Composite High Dividend Index ETF (XEI $29.42)
  • $29.42 P/E (TTM): 25.42X Cap: $2.13B
  • View XEI Profile
  • View Questions on XEI
• Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY $53.84)
  • $53.84 P/E (TTM): 9.2X Cap: $4.15B
  • View VDY Profile
  • View Questions on VDY
• Global X Canadian High Dividend Index Corporate Class ETF (HXH $59.43)
  • $59.43 Cap: $164M
  • View HXH Profile
  • View Questions on HXH

Q: I am looking for the top 2 Canadian dividend ETFs to hold mostly in registered accounts. I screened for MERs less than about 0.4 and current yields of about 4.5% or more and came up with: ZDV, XEI and VDY. How would you rank these for long-term holdings; best first. XEI is tied for the lowest MER and has the highest yield, with 29% energy, 29% financial and 17% utilities. VDY has the largest AUM at $2B but high financials at 54% and low utilities at 6%. Finally, I would like to invest in HXH in unregistered accounts but I am concerned about the low daily trading an small AUM at $92M. Thank you!!

Upvote 0

Read Answer Asked by Grant on July 13, 2023

• iShares Canadian Select Dividend Index ETF (XDV $34.89)
  • $34.89 P/E (TTM): 18.66X Cap: $1.88B
  • View XDV Profile
  • View Questions on XDV
• iShares S&P/TSX Composite High Dividend Index ETF (XEI $29.42)
  • $29.42 P/E (TTM): 25.42X Cap: $2.13B
  • View XEI Profile
  • View Questions on XEI
• iShares S&P/TSX Canadian Dividend Aristocrats Index ETF (CDZ $38.83)
  • $38.83 P/E (TTM): 5.71X Cap: $1B
  • View CDZ Profile
  • View Questions on CDZ
• Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY $53.84)
  • $53.84 P/E (TTM): 9.2X Cap: $4.15B
  • View VDY Profile
  • View Questions on VDY
• CI High Income Fund Class F (CIG447 $11.83)
  • $11.83 P/E (TTM): 13.8X
  • View CIG447 Profile
  • View Questions on CIG447

Q: 5I team: Being a retired income investor and stuck on the nice yield for this fund I can still not be keen on it's substantial return of capital. Can you advise on a better alternative etf or fund for hands off solid yield as a replacement? Tks. Larry

Upvote 0

Read Answer Asked by Larry on July 13, 2023

• iShares S&P/TSX Composite High Dividend Index ETF (XEI $29.42)
  • $29.42 P/E (TTM): 25.42X Cap: $2.13B
  • View XEI Profile
  • View Questions on XEI
• Dream Industrial Real Estate Investment Trust (DIR.UN $12.20)
  • $12.20 P/E (TTM): 25.46X Cap: $3.54B
  • View DIR.UN Profile
  • View Questions on DIR.UN
  • View Reports on DIR.UN

Q: I need assistance deciding which of these stocks I should put in a regular acct and which should be in a TFSA in other words, can you tell me if DIR.UN has a much higher taxable capital gains (and therefore should be ideally in a TFSA)?

Thanks

Upvote 0

Read Answer Asked by Mark on July 13, 2023

• iShares S&P/TSX Composite High Dividend Index ETF (XEI $29.42)
  • $29.42 P/E (TTM): 25.42X Cap: $2.13B
  • View XEI Profile
  • View Questions on XEI
• Dream Industrial Real Estate Investment Trust (DIR.UN $12.20)
  • $12.20 P/E (TTM): 25.46X Cap: $3.54B
  • View DIR.UN Profile
  • View Questions on DIR.UN
  • View Reports on DIR.UN

Q: Could you please tell me what percentage each of these returns in capital gains? I'm trying to decide where to best position them between my TFSA and my regular accts.

Thank you

Upvote 0

Read Answer Asked by Mark on July 11, 2023

• BMO Covered Call Canadian Banks ETF (ZWB $21.53)
  • $21.53 P/E (TTM): 12.51X
  • View ZWB Profile
  • View Questions on ZWB
• iShares S&P/TSX Composite High Dividend Index ETF (XEI $29.42)
  • $29.42 P/E (TTM): 25.42X Cap: $2.13B
  • View XEI Profile
  • View Questions on XEI
• Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY $53.84)
  • $53.84 P/E (TTM): 9.2X Cap: $4.15B
  • View VDY Profile
  • View Questions on VDY
• BMO Canadian High Dividend Covered Call ETF (ZWC $18.85)
  • $18.85 P/E (TTM): 27.39X Cap: $1.71B
  • View ZWC Profile
  • View Questions on ZWC
• JPMorgan Equity Premium Income ETF (JEPI $56.82)
  • $56.82 P/E (TTM): 74.61X Cap: $40.97B
  • View JEPI Profile
  • View Questions on JEPI

Q: Hi, I'm slowly transitioning from a growth portfolio to a dividend portfolio for retirement, starting with positions in JEPI and JEPQ. Can you suggest a couple of US and a couple of Canadian ETFs with high dividends (+6%) that would complement these two? Thanks!

Upvote 0

Read Answer Asked by TK on July 10, 2023

• iShares Canadian Select Dividend Index ETF (XDV $34.89)
  • $34.89 P/E (TTM): 18.66X Cap: $1.88B
  • View XDV Profile
  • View Questions on XDV
• iShares S&P/TSX Composite High Dividend Index ETF (XEI $29.42)
  • $29.42 P/E (TTM): 25.42X Cap: $2.13B
  • View XEI Profile
  • View Questions on XEI
• iShares S&P/TSX Canadian Dividend Aristocrats Index ETF (CDZ $38.83)
  • $38.83 P/E (TTM): 5.71X Cap: $1B
  • View CDZ Profile
  • View Questions on CDZ

Q: What are the best dividend ETFs for Canadians to hold long term?

Upvote 1

Read Answer Asked by Brucey on April 27, 2023

• BMO Canadian Dividend ETF (ZDV $24.38)
  • $24.38 P/E (TTM): 27.97X Cap: $1.20B
  • View ZDV Profile
  • View Questions on ZDV
• Global X Active Canadian Dividend ETF (HAL $23.42)
  • $23.42 P/E (TTM): 10.42X Cap: $118M
  • View HAL Profile
  • View Questions on HAL
• Global X S&P/TSX 60 Index Corporate Class ETF (HXT $73.33)
  • $73.33 Cap: $4.29B
  • View HXT Profile
  • View Questions on HXT
• iShares Canadian Select Dividend Index ETF (XDV $34.89)
  • $34.89 P/E (TTM): 18.66X Cap: $1.88B
  • View XDV Profile
  • View Questions on XDV
• iShares S&P/TSX Composite High Dividend Index ETF (XEI $29.42)
  • $29.42 P/E (TTM): 25.42X Cap: $2.13B
  • View XEI Profile
  • View Questions on XEI
• iShares S&P/TSX Canadian Dividend Aristocrats Index ETF (CDZ $38.83)
  • $38.83 P/E (TTM): 5.71X Cap: $1B
  • View CDZ Profile
  • View Questions on CDZ
• Invesco Canadian Dividend Index ETF (PDC $37.02)
  • $37.02 P/E (TTM): 24.98X Cap: $843M
  • View PDC Profile
  • View Questions on PDC
• Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY $53.84)
  • $53.84 P/E (TTM): 9.2X Cap: $4.15B
  • View VDY Profile
  • View Questions on VDY

Q: From a dividend growth and overall return perspective, could you please rank the above etfs ? I do not need the income so my preference would go to HXT. Am I getting exposed to a lot more volatility in your opinion ?

Upvote 0

Read Answer Asked by Paul on February 06, 2023

• iShares S&P/TSX Canadian Preferred Share Index ETF (CPD $13.48)
  • $13.48 P/E (TTM): 16.64X Cap: $1.04B
  • View CPD Profile
  • View Questions on CPD
• BMO Covered Call Canadian Banks ETF (ZWB $21.53)
  • $21.53 P/E (TTM): 12.51X
  • View ZWB Profile
  • View Questions on ZWB
• BMO Covered Call Utilities ETF (ZWU $11.34)
  • $11.34 P/E (TTM): 53.76X Cap: $1.88B
  • View ZWU Profile
  • View Questions on ZWU
• BMO Equal Weight REITs Index ETF (ZRE $22.26)
  • $22.26 P/E (TTM): 54.28X Cap: $587M
  • View ZRE Profile
  • View Questions on ZRE
• iShares Convertible Bond Index ETF (CVD $18.01)
  • $18.01 Cap: $99M
  • View CVD Profile
  • View Questions on CVD
• iShares S&P/TSX Composite High Dividend Index ETF (XEI $29.42)
  • $29.42 P/E (TTM): 25.42X Cap: $2.13B
  • View XEI Profile
  • View Questions on XEI
• iShares S&P/TSX Canadian Dividend Aristocrats Index ETF (CDZ $38.83)
  • $38.83 P/E (TTM): 5.71X Cap: $1B
  • View CDZ Profile
  • View Questions on CDZ
• iShares U.S. High Yield Bond Index ETF (CAD-Hedged) (XHY $16.78)
  • $16.78 Cap: $828M
  • View XHY Profile
  • View Questions on XHY

Q: I am looking for ETFs that trade on the TSX with a yield of at least 4-5%. From the income portfolio, I see CPD (preferreds) / CVD (convertible) / XHY (US HY) / ZRE (REITs), and I am also aware of ZWU (Utilities) / ZWB (Banks).

Are there any others that don't have much overlap with the above that you would recommend?

Upvote 0

Read Answer Asked by Alexander on January 31, 2023

• BMO Canadian Dividend ETF (ZDV $24.38)
  • $24.38 P/E (TTM): 27.97X Cap: $1.20B
  • View ZDV Profile
  • View Questions on ZDV
• iShares S&P/TSX Composite High Dividend Index ETF (XEI $29.42)
  • $29.42 P/E (TTM): 25.42X Cap: $2.13B
  • View XEI Profile
  • View Questions on XEI
• iShares S&P/TSX Canadian Dividend Aristocrats Index ETF (CDZ $38.83)
  • $38.83 P/E (TTM): 5.71X Cap: $1B
  • View CDZ Profile
  • View Questions on CDZ
• Vanguard Dividend Appreciation FTF (VIG $209.59)
  • $209.59 P/E (TTM): 68.92X Cap: $92.26B
  • View VIG Profile
  • View Questions on VIG
• Global X Equal Weight Canadian Utilities Index ETF (UTIL $23.58)
  • $23.58 P/E (TTM): 41.51X Cap: $19M
  • View UTIL Profile
  • View Questions on UTIL

Q: Could you suggest a few dividend focused ETFs for a taxable account to 'park' money that will not be needed for a few years ? I purchased UTIL because I liked its holdings but am concerned about its trading volume. I already own XEI and ZDV.

Upvote 0

Read Answer Asked by Paul on September 07, 2022