Q: Do you think HDIV would be a suitable replacement for BCE in this market or would you recommend another stock/etf? Looking to recoup some of my losses on BCE.
Thank-you!
Thank-you!
5i Research Answer:
It is always difficult to compare diversified ETF with a single stock. We are comfortable with HDIV for enhanced income, but it does use 25% leverage. This enhances returns but also potential losses. Still, it is multi-sector and has performed OK in its short history. CDZ could be suggested as a dividend, non-leveraged ETF. ZUT as a utlity ETF.