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iSHARES SP TSX COMP HIGH DIV INDEX ETFXEI.TODON'T BUYAug 14, 2017Stock price when the opinion was issued
As of Jun 19, 2026. Market Open.
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.
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.
XCV-T vs. XEI-T. XEI-T is a high dividend strategy. XCV-T is a value approach. XEI-T has 24% exposures to each of pipelines and banks. XCV-T has 31% in banks and oil/gas at 16% and these are the major differences. Neither one is particularly good value, but he would go for XEI-T at the moment.