Horizons S&P/TSX 60 ETF
HXT (TSX)
The Horizons S&P/TSX 60 ETF (HXT) stands out as the lowest fee Canadian equity index ETF, boasting a mere 0.04% fee after rebate. With impressive returns of 26.37% over the past year and a remarkable 93.05% over five years, it’s an attractive option for long-term investors seeking exposure to Canada’s top 60 stocks while benefiting from tax-efficient core holdings. This ETF is ideal for those looking to leverage the growth and dividends of financially healthy large-cap companies.
Pros:
- Lowest fee Canadian equity index ETF
- Ideal for tax-efficient core holdings
Cons:
- Not suitable for investors looking for regular distributions
- Market volatility risk
The Horizons S&P/TSX 60 ETF (HXT) is well-suited for long-term investors who seek low-cost exposure to the performance of Canada's largest companies without the expectation of dividend income. Its strong historical returns and tax-efficient structure make it an appealing option for those aiming to invest in a diversified portfolio of financially stable large-cap stocks.