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Opinions Terry Shaunessy
iSHARES SP TSX COMP HIGH DIV INDEX ETFXEI.TODON'T BUYMar 14, 2016
Terry ShaunessyStock price when the opinion was issued
As of Jun 19, 2026. Market Open.
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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.
Stan Wong
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.
Stan WongLikes 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.
Stan Wong~4.9% dividend yield very safe (mostly defensive names).
Comprised of mainly infrastructure and utility names.
Conservative name to own for the long term.
Stan WongXEI 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.
Stan Wong
Stan Wong
Stan WongStan Wong
Put your new money into something other than this. If you are on a fixed income, you cannot take this kind of fluctuation and the price. Any time you are looking at these dividends or a high yielding instrument, all of the ETF providers have very good websites, and you can go to them and click on “Holdings”, and look at the top 10 holdings. If you find a name that you are not comfortable with, or if there is a lot of energy, don’t buy it.