Q: The US financials have come off in recent weeks. Is it a good time to be entering in VFH and or XLF?
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Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
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BMO Equal Weight Banks Index ETF (ZEB $46.51)
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Financial Select Sector SPDR (XLF $52.19)
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Vanguard Financials ETF (VFH $127.36)
Q: Hi,
There were a few questions in January 2022 about both the US/Canadian banks. Your answers seem to be favour holding some banks b/c of rising interest rates and more recent earnings results.
What are your favorite bank ETFs in Canada and in the US? (US ETFs are a lot cheaper to buy and hold). Do you still feel optimistic about this sector?
This is for my RRSPs. So, withholding tax is not a factor.
Thanks in advance.
There were a few questions in January 2022 about both the US/Canadian banks. Your answers seem to be favour holding some banks b/c of rising interest rates and more recent earnings results.
What are your favorite bank ETFs in Canada and in the US? (US ETFs are a lot cheaper to buy and hold). Do you still feel optimistic about this sector?
This is for my RRSPs. So, withholding tax is not a factor.
Thanks in advance.
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iShares Core MSCI EAFE IMI Index ETF (XEF $42.75)
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iShares Core MSCI Emerging Markets IMI Index ETF (XEC $31.81)
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iShares Core S&P/TSX Capped Composite Index ETF (XIC $43.06)
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Financial Select Sector SPDR (XLF $52.19)
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INVESCO QQQ Trust (QQQ $554.64)
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iShares Core S&P 500 ETF (IVV $625.03)
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iShares ESG Select Screened S&P Mid-Cap ETF (XJH $42.51)
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iShares ESG Select Screened S&P Small-Cap ETF (XJR $40.49)
Q: I have an ETF portfolio and a portfolio of CDN and U.S. stocks.
I am building my ETF portfolio and plan to take my gains from my individual stocks and add to my ETF portfolio during market downturns. I don't plan on making any sales from my ETF portfolio and I expect that portfolio to provide my funds for retirement.
The ETF portfolio is divided globally and I was wondering if which order you would add since I am building my portfolio. The ETFs I have selected on XIC (30%), XEF (15%), XEC (10%), IVV (15%), XJH (5%), XJR (5%), QQQ (5%), XLF (5%) and 10% fixed income. I have already established my 5% positions in XJH, XJR, QQQ and XLF over the summer.
My questions are:
1 - I know weighting is personal, but do you have any glaring concerns with my weightings?
2 - In which order would you add to XIC, XEF, XEC and IVV?
Thanks for your help,
Jason
I am building my ETF portfolio and plan to take my gains from my individual stocks and add to my ETF portfolio during market downturns. I don't plan on making any sales from my ETF portfolio and I expect that portfolio to provide my funds for retirement.
The ETF portfolio is divided globally and I was wondering if which order you would add since I am building my portfolio. The ETFs I have selected on XIC (30%), XEF (15%), XEC (10%), IVV (15%), XJH (5%), XJR (5%), QQQ (5%), XLF (5%) and 10% fixed income. I have already established my 5% positions in XJH, XJR, QQQ and XLF over the summer.
My questions are:
1 - I know weighting is personal, but do you have any glaring concerns with my weightings?
2 - In which order would you add to XIC, XEF, XEC and IVV?
Thanks for your help,
Jason
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Financial Select Sector SPDR (XLF $52.19)
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SPDR S&P Regional Banking ETF (KRE $62.89)
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iShares U.S. Financials ETF (IYF $120.89)
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Vanguard Financials ETF (VFH $127.36)
Q: Hello 5i team,
I am interested in acquiring a US financial ETF with a decent payout. Do you have a top 5 list on the US side.
Thank You,
Andrew
I am interested in acquiring a US financial ETF with a decent payout. Do you have a top 5 list on the US side.
Thank You,
Andrew
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Gilead Sciences Inc. (GILD $112.56)
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Bank of America Corporation (BAC $46.78)
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JPMorgan Chase & Co. (JPM $282.88)
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Pfizer Inc. (PFE $25.41)
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Financial Select Sector SPDR (XLF $52.19)
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ARK Genomic Revolution ETF (ARKG $25.78)
Q: Your thoughts on selling XLF to buy JPM & BAC and selling PFE & GILD to buy ARKG.
Thank you!
Thank you!
Q: For financial exposure which ETF would you choose for growth and reasonable risk? Could you please explain these two ETFs.
Thank you
Thank you
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iShares S&P Global Consumer Discretionary Index ETF (CAD-Hedged) (XCD $58.85)
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BMO Equal Weight US Banks Index ETF (ZBK $38.20)
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BMO Equal Weight Banks Index ETF (ZEB $46.51)
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BMO Equal Weight Industrials Index ETF (ZIN $46.16)
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iShares S&P Global Industrials Index ETF(CAD-Hedged) (XGI $59.67)
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Financial Select Sector SPDR (XLF $52.19)
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Consumer Discretionary Select Sector SPDR (XLY $218.30)
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Industrial Select Sector SPDR (XLI $149.53)
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iShares U.S. Home Construction ETF (ITB $97.43)
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Vanguard Consumer Discretionary ETF (VCR $364.84)
Q: Tony Dwyer from Cannacord likes to refer to "banks and tanks" as good areas to be in when the economy eventually turns positive. I believe he's referring to the more cyclicals. Can you suggest both Cdn and US ETF's that would fit the bill. Thanks.
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iShares S&P/TSX Capped Financials Index ETF (XFN $65.30)
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BMO Equal Weight REITs Index ETF (ZRE $22.39)
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BMO Equal Weight Utilities Index ETF (ZUT $24.06)
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BMO Equal Weight Industrials Index ETF (ZIN $46.16)
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BMO Equal Weight Oil & Gas Index ETF (ZEO $74.01)
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iShares Core Canadian Long Term Bond Index ETF (XLB $18.74)
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iShares Global Healthcare Index ETF (CAD-Hedged) (XHC $62.82)
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iShares S&P Global Industrials Index ETF(CAD-Hedged) (XGI $59.67)
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iShares S&P/TSX Capped Consumer Staples Index ETF (XST $59.56)
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iShares S&P/TSX Capped Materials Index ETF (XMA $27.19)
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Financial Select Sector SPDR (XLF $52.19)
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Consumer Discretionary Select Sector SPDR (XLY $218.30)
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Vanguard Energy ETF (VDE $123.63)
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Vanguard Communication Services ETF (VOX $170.29)
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Vanguard Consumer Staples ETF (VDC $218.07)
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iShares U.S. Technology ETF (IYW $175.68)
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iShares Global REIT ETF (REET $24.64)
Q: In your portfolio analytics, you used to have A list of suggested etfs for each sector. I cannot find this list anymore. Has it been removed? Could you please provide a list of recommended etfs for each sector. Thank you
Q: Doing some house cleaning of the portfolio. I hold 1% each of XLF and XLP. Sitting on the fence as to add or sell. Looking for your prospective and if add what would be a recommended %.
Regards
Regards
Q: Can you give me the name of a good US financial ETF?
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BMO Equal Weight US Banks Hedged to CAD Index ETF (ZUB $34.42)
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BMO Equal Weight US Banks Index ETF (ZBK $38.20)
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Financial Select Sector SPDR (XLF $52.19)
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SPDR S&P Bank ETF (KBE $58.20)
Q: Hello,could you recommend some ETFs that hold US financials(banks) ?
Thanks
Thanks
Q: My target allocation to Financials is 15%. Within that group, I would like your advice on the following selection and allocation: TD-25%; CME - 8%; SIVB - 8%; MFC - 8%; BAM - 16%; BX - 16%; FSZ - 12%; XLF - 6% [or another bank].
This grouping is intended to provide both overall yield and growth; accepting some volatility. What would, in your view, be a reasonable target return for such a grouping? Please advise on target percent allocation to the sector. Which ones would you recommend and what alternatives would you prefer?.
This grouping is intended to provide both overall yield and growth; accepting some volatility. What would, in your view, be a reasonable target return for such a grouping? Please advise on target percent allocation to the sector. Which ones would you recommend and what alternatives would you prefer?.
Q: There was a discussion on a financial network with a portfolio manager regarding future rate increases. The expectation is that rates will likely be increased 3 to 4 times over the next 15 months or so. This in turn would likely result in an inverted yield curve. In such an environment, financial stocks, especially insurance companies, have historically done very poorly. So not hold them.!
My questions are
What is your expectation for future interest rate increases this year and next?
Do you agree with how 3-4 rate increases would likely affect the yield curve?
From you experience, historically, has this type of scenario been quite negative for financial stocks; that is banks and insurance companies?
And if this is very negative for financial stocks, should one continue to hold such shares beyond the end of this year?
Your analysis please. Thanks.
My questions are
What is your expectation for future interest rate increases this year and next?
Do you agree with how 3-4 rate increases would likely affect the yield curve?
From you experience, historically, has this type of scenario been quite negative for financial stocks; that is banks and insurance companies?
And if this is very negative for financial stocks, should one continue to hold such shares beyond the end of this year?
Your analysis please. Thanks.
Q: Hello Peter, do you think the bond yield curve could invert within next 6 to 12 months? Which I believe partially explained why the U.S. financial sector has been underperforming recently, due to the worry of flatten yield curve? Thanks.
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Visa Inc. (V $354.18)
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iShares Russell 2000 Growth ETF (IWO $291.13)
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Financial Select Sector SPDR (XLF $52.19)
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Technology Select Sector SPDR ETF (XLK $256.63)
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SPDR S&P Regional Banking ETF (KRE $62.89)
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iShares U.S. Medical Devices ETF (IHI $61.40)
Q: In what order would you rate the following U.S. equities
I am considering adding to a well-diversified portfolio?
IHI IWO XLK XLF KRE VISA
Thank you.
I am considering adding to a well-diversified portfolio?
IHI IWO XLK XLF KRE VISA
Thank you.
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Financial Select Sector SPDR (XLF $52.19)
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Health Care Select Sector SPDR (XLV $134.82)
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Technology Select Sector SPDR ETF (XLK $256.63)
Q: I would like set up a portfolio of US ETF, unhedged to Canadian market. Broad market, Technology, Banks, and Health etc.
Thank you for your great service
Shirley
Thank you for your great service
Shirley
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BMO Equal Weight US Banks Hedged to CAD Index ETF (ZUB $34.42)
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BMO Equal Weight US Banks Index ETF (ZBK $38.20)
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Financial Select Sector SPDR (XLF $52.19)
Q: Hi,
I am wanting exposure to US financials and I am wondering if there is an ETF in Canada that tracks XLF. Of the three listed names could you give me your opinion on how they rank. XLF is one that has Berkshire stock, which I would like some exposure to.
Thanks,
Gwen
I am wanting exposure to US financials and I am wondering if there is an ETF in Canada that tracks XLF. Of the three listed names could you give me your opinion on how they rank. XLF is one that has Berkshire stock, which I would like some exposure to.
Thanks,
Gwen
Q: Firstly, let me compliment your staff on the VERY quick response to my latest question!
Now, picking up on our changes to the Cash Acct, I have decided to move the bulk of our RIFF accounts to the US to counter the larger CDN investments in our Cash Acts.
I have picked only ETFS as I believe they best represent US national growth potential at this time.
I would appreciate your best advice & rationale on 4 or 5 of the following: UDOW, DDM, SPSM, XLE, DIA, VTI, XLF, SPY, IGM. Thank you.
Now, picking up on our changes to the Cash Acct, I have decided to move the bulk of our RIFF accounts to the US to counter the larger CDN investments in our Cash Acts.
I have picked only ETFS as I believe they best represent US national growth potential at this time.
I would appreciate your best advice & rationale on 4 or 5 of the following: UDOW, DDM, SPSM, XLE, DIA, VTI, XLF, SPY, IGM. Thank you.
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Bank of America Corporation (BAC $46.78)
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JPMorgan Chase & Co. (JPM $282.88)
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Financial Select Sector SPDR (XLF $52.19)
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iShares MSCI USA Momentum Factor ETF (MTUM $237.38)
Q: I am having a hard time deciding if I should add to my financials with individual stocks or buy an ETF. XLF and MTUM have holdings that I already own and am ok with adding to these via the ETF and they also hold BAC and JPM which I do not own. Can you please give me your opinion. Sectors and weightings are fine. Thank you.
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BMO Equal Weight US Banks Hedged to CAD Index ETF (ZUB $34.42)
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BMO Equal Weight US Banks Index ETF (ZBK $38.20)
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Financial Select Sector SPDR (XLF $52.19)
Q: ZBK- BAC,JPM,WFC,C, =20% of holdings, rest are midsized banks, 2017 return 10% TER 0.74%
ZUB 2017 return 17% TER 0.80 %
XLF- BAC,JPM,WFC,C, = 32% of holdings + Berkshire H at 11%,rest are regional banks, insurance, financial services, 2017 return 22% TER 0.14%
Is this accurate?
I am 50% non reg., 45% RSP, 5% TFSA, retired living comfortably
Looking at 3% position
Your choice (or choices i.e. split) and why
What account
Thanks
Derek
Thanks
ZUB 2017 return 17% TER 0.80 %
XLF- BAC,JPM,WFC,C, = 32% of holdings + Berkshire H at 11%,rest are regional banks, insurance, financial services, 2017 return 22% TER 0.14%
Is this accurate?
I am 50% non reg., 45% RSP, 5% TFSA, retired living comfortably
Looking at 3% position
Your choice (or choices i.e. split) and why
What account
Thanks
Derek
Thanks