John HoodiSHARES SP TSX COMP HIGH DIV INDEX ETFXEI.TOTOP PICKJul 18, 2014

Likes some of these solid, large-cap dividend names. Interest rate environment's on pause, likely to fall, beneficial for dividend-type stocks. Excellent name.

Great product for extra yield. Depends on investor strategy. Could be a great holding for yield seeking investors. 

Tough place to be with rising interest rates. Yield is 5.2%. MER is 22 bps. Will rebound once interest rates start to calm down.

Likes it for dividends. Lots of large-cap banks and pipelines. Defensive, fairly conservative. Names like TD, CNQ, RY, SU, ENB. Very good dividend yield of 5.1%. Banks are cheap right now, so potential for a pretty good move up. Once interest rates fall, the telcos in this particular ETF will perform well.

~4.9% dividend yield very safe (mostly defensive names).
Comprised of mainly infrastructure and utility names.
Conservative name to own for the long term.

Adds cyclicals like financials and energy names to give you a bit more growth. Yield is 4.8%.

XEI pays a 4.89% dividend yield, trades at an 11x PE and a 0.91 beta. Volumes average 73,300 so daily trading can be a little choppy, but a dealbreaker. XEI charges only a 0.22% MER. If you’re skittish the banks and are an ESG investor, avoid XEI. All others, give this a look. Read Canadian dividend payers for our full analysis.

He likes XHU-T, VDY-T and XEI-T, which he owns. All include financials and pipelines.