XIC vs. XIU

Written by Vicky @ Vix Money

Even though I have chosen to hold XIC in my portfolio to represent the Canadian equities portion, I have debated whether or not XIU could be used instead. So which one is better?

XIU, iShares S&P/TSX 60 Index Fund, was introduced on September 28, 1999, and seeks to replicate the 60 largest and most liquid securities listed on the S&P/TSX 60 Index.

Which companies are represented in XIU?

In Canada, the main sectors that are represented are the financial industry, the energy sector, and the materials sector. This is reflective in XIU as almost 78% (as of April 23, 2012) of the fund’s holdings are in these sectors, compared to XIC’s 77% (as of April 23, 2012). If you are checking out the analysis I previously completed for XIC, please note the difference in the dates. Overall, the numbers are NOT THAT different, but please be aware of it.

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XIC – iShares S&P TSX Capped Composite Index Fund

Written by Vicky @ Vix Money XIC – iShares S&P TSX Capped Composite Index Fund – was introduced on February 16, 2001, and seeks to replicate the largest and most liquid securities listed on the Toronto Stock Exchange (TSX). It is part of a group of ETFs owned by iShares, and, as of June 11, 2009, is now currently being managed by BlackRock Asset Management Canada Limited. The iShares fund family continues to lead the market amongst all the providers, managing approximately 2/3 of all the money currently invested in the Canadian ETF market. When choosing to invest in XIC, …

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