Horizons S&P/TSX 60 ETF
HXT (TSX)
The Horizons S&P/TSX 60 ETF (HXT) stands out with an ultra-low fee of just 0.04% after rebate while tracking the performance of Canada's 60 largest companies. With impressive returns of 32.46% over the past year and 97.39% over five years, it's an attractive option for investors looking for exposure to financially robust Canadian firms. This ETF is ideal for those seeking a cost-effective way to invest in a diversified portfolio of top-tier stocks.
Pros:
- Ultra-low fee structure
- Strong historical performance
Cons:
- No regular dividends distributed
- Market risk associated with large-cap equities
The Horizons S&P/TSX 60 ETF (HXT) may be suitable for investors seeking a low-cost entry point into a diversified portfolio of Canada's largest companies, particularly those focused on long-term growth rather than immediate income, given its lack of dividend yield. Its strong historical performance suggests it could be a compelling choice for those willing to invest in the Canadian equity market.
