The iShares Core S&P 500 Index ETF (CAD-Hedged) is a great product for investors looking for exposure to the S&P 500 with minimal management expenses. It is a good option for long-term investors, especially those wanting exposure to the S&P but using Canadian dollars. The ETF is market-weighted, hedged to CAD, and tracks closely to the underlying index. It is also considered a good starting point for RRSPs and TFSAs. Overall, it offers good opportunities and is a simple, low-fee option for those looking for growth and dividends over a 5-year hold.
Characteristics | Values |
---|---|
Investment Objective | Seeks long-term capital growth by replicating the performance of the S&P 500 Hedged to Canadian Dollars Index, net of expenses. |
Management Fee | 0.08% |
Currency Options | CAD-Hedged, CAD, USD |
Number of Underlying Holdings | 500 |
Portfolio Characteristics | Eligible for Registered Plans |
Distribution Frequency | At least once each year |
Management Expense Ratio (MER) | 0.10% |
Trading Symbol | XSP-T |
What You'll Learn
XSP is a best-in-class option for large-cap investors
One of the key advantages of XSP is its low cost. With a management fee of 0.08% and a focus on long-term capital growth, it is an attractive option for investors seeking a core holding in their portfolio. The fund has a strong track record, with a hypothetical growth of $10,000 illustrated on BlackRock's website.
XSP is also a good option for investors who want exposure to the S&P 500 but using Canadian dollars. The ETF is market-weighted and hedged to CAD, closely tracking the underlying index. It is a simple, low-fee option for those seeking growth and dividends, with a dividend yield of 1.12%.
Additionally, XSP provides investors with access to a diverse range of large-cap companies across various sectors. Tech is the biggest sector, accounting for 26.74% of the portfolio, followed by healthcare at 14.83%. The fund's performance objective and investment process are clearly defined and repeatable, making it a sensible choice for large-cap investors.
Overall, XSP is a top choice for investors seeking a well-diversified, low-cost, and efficient way to gain exposure to the large-cap US market while hedging currency risk. Its strong performance, low fees, and focus on long-term capital growth make it a best-in-class option.
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XSP is a good option for long-term investors
Secondly, XSP has a low-cost structure, with a management fee of 0.08% and a low MER, making it a simple and affordable option for those seeking growth and dividends over a long-term horizon.
Thirdly, XSP is a best-in-class option for large-cap investors, offering a well-diversified, market-cap-weighted portfolio of 500 US stocks. This large-cap exposure is a recipe for success over the long run, and XSP is designed to be a long-term core holding.
Finally, XSP has a strong performance record. It has a Morningstar Medalist Rating and a 4 out of 5 rating on Stockchase, with 4 analysts recommending it as a buy. It has delivered strong returns, with a hypothetical growth of $10,000 investment achieving a YTD return of 22.03% as of October 28, 2024.
In summary, XSP is a well-diversified, low-cost, and high-performing ETF that offers exposure to the S&P 500. It is designed as a long-term core holding, making it an attractive option for long-term investors, especially those seeking exposure to the S&P 500 using Canadian dollars.
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XSP is a good starting point for RRSPs and TFSAs
The iShares Core S&P 500 Index ETF (CAD-Hedged) is a great product for investors looking for exposure to the S&P 500 with minimal management expenses. It is a good option for long-term investors, especially those wanting exposure to the S&P but using Canadian dollars. The ETF is market-weighted, hedged to CAD, and tracks closely to the underlying index.
XSP's investment objective is to seek long-term capital growth by replicating the performance of the S&P 500 Hedged to Canadian Dollars Index, net of expenses. The fund primarily invests in securities of one or more iShares ETFs and/or U.S. equity securities. It employs a currency hedging strategy with respect to U.S. dollar currency exposure.
XSP is a best-in-class option for large-cap investors. It is a good choice for those looking to invest in U.S. large caps, which should be the core of a lot of portfolios. The ETF has a low MER of 0.10%, and its performance has been great. It is a good product for most investors and will perform well over the long term.
Overall, XSP is a great option for those looking for exposure to the S&P 500 with low fees and strong performance. It is a good starting point for RRSPs and TFSAs, offering growth and dividends over a 5-year hold.
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XSP offers growth and dividends over a 5-year hold
The iShares Core S&P 500 Index ETF (CAD-Hedged) is a great product for investors looking for exposure to the S&P 500 with minimal management expenses. It is a good option for long-term investors, especially those wanting exposure to the S&P but using Canadian dollars. The ETF is market-weighted, hedged to CAD, and tracks closely to the underlying index. It is also considered a good starting point for RRSPs and TFSAs.
XSP offers a well-diversified portfolio of 500 US large-cap companies, making it a best-in-class option for large-cap investors. The fund's performance objective is to replicate the performance of the S&P 500 Hedged to Canadian Dollars Index, net of expenses. This means that XSP seeks to provide long-term capital growth by investing in securities of one or more iShares ETFs and/or US equity securities.
XSP's management fee was reduced from 0.09% to 0.08% in January 2023, making it a low-cost option for investors. The fund has a Morningstar Medalist Rating of 3 out of 5 stars and is expected to offer good opportunities for growth and dividends over a 5-year hold.
Overall, XSP is a simple, low-fee option for those looking for growth and dividends over a 5-year period. It offers a well-diversified portfolio of large-cap US companies, tracks the S&P 500 closely, and has low management fees, making it an attractive option for long-term investors.
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XSP is a simple, low-fee option
XSP is a best-in-class option for large-cap investors. It offers a well-diversified, market-cap-weighted portfolio of 500 of the largest U.S. stocks. The fund accurately represents the large-cap opportunity set while charging rock-bottom fees, a recipe for success over the long run.
XSP's management fee was reduced from 0.09% to 0.08% effective January 12, 2023. The fund's actual management expense ratio (MER) is also quite low, at 0.10%.
XSP is a good starting point for RRSPs and TFSAs. It offers good opportunities for growth and dividends over a 5-year hold. The ETF is also a good option for investors who lack the time and expertise to pick individual stocks. Overall, XSP is a simple, low-fee option for those looking for exposure to the S&P 500.
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Frequently asked questions
XSP is the iShares Core S&P 500 Index ETF (CAD-Hedged).
XSP offers investors exposure to the S&P 500 with minimal management expenses. It is a good option for long-term investors, especially those wanting exposure to the S&P but using Canadian dollars. It is also a good starting point for RRSPs and TFSAs. Overall, it offers good opportunities and is a simple, low-fee option for those looking for growth and dividends over a 5-year hold.
XSP seeks to provide long-term capital growth by replicating the performance of the S&P 500 Hedged to Canadian Dollars Index, net of expenses.