iShares Core S&P/TSX Capped Composite Index ETF
XIC.TO (TSX)
The iShares Core S&P/TSX Capped Composite Index ETF (XIC) offers a low management expense ratio of just 0.06%, making it an attractive option for investors seeking diversified equity exposure in the Canadian market. With a solid 1-year return of 34.03% and a 5-year return of 83.62%, XIC stands out as a top-rated fund, particularly for RRSP investors who prefer a hands-off approach to sector and company selection. Additionally, it boasts a dividend yield of 2.22%, enhancing its appeal for those looking for reliable income.
Pros:
- Low management expense ratio of 0.06%
- Strong historical returns over 1 and 5 years
Cons:
- Market volatility risk
- Dependence on Canadian market performance
The iShares Core S&P/TSX Capped Composite Index ETF (XIC.TO) presents a compelling option for investors seeking low-cost, diversified exposure to the Canadian equity market, particularly those who favor a passive investment strategy. With its strong historical performance and decent dividend yield, it may be well-suited for both long-term growth investors and those prioritizing income generation within their RRSP portfolios.