iShares SPTSX Capped Information Technology Index ETF Review (XIT) 2024
Last Updated: 3/7/2024
XIT trades on the TSX exchange.
Looking to invest in general equity? Consider an general equity ETF as an easy way to get access. The iShares SPTSX Capped Information Technology Index (XIT) is one of the most popular ETF’s in Canada by market cap. Let’s take a closer look at this ETF here.
Wealth Awesome Rating: 67/100
This equity ETF has an MER of 0.61%. With higher than average fees, it’s a premium option. Managing 79 million in assets, it’s less popular among investors. Suitable for those seeking growth with a medium to high risk tolerance.
The Wealth Awesome ETF rating is based on identifying ETFs that are popular and well used, while keeping costs low.
XIT trades on the TSX exchange.
Looking to invest in general equity? Consider an general equity ETF as an easy way to get access. The iShares SPTSX Capped Information Technology Index (XIT) is one of the most popular ETF’s in Canada by market cap. Let’s take a closer look at this ETF here.
What is the iShares SPTSX Capped Information Technology Index ETF
A general equity ETF, aiming for growth by investing in a broad range of stocks. This ETF has an MER of 0.61%. This ETF trades on the TSX exchange.XIT stock price and other stats
ETF Key Stats
Exchange: TSX
Assets Under Management: $79MM
Expense Ratio: 0.61%
Price: $183.43 (Updated: 3/7/2024)
iShares SPTSX Capped Information Technology Index (XIT) Top 10 Holdings
| Company Name | Symbol | Assets % |
|---|---|---|
| Constellation Software Inc. | CSU | 26.04293 |
| Shopify Inc | SHOP | 25.24601 |
| CGI Inc | GIB-A | 18.66787 |
| Open Text Corp | OTEX | 9.57723 |
| Descartes Systems Group Inc | DSG | 6.0287 |
| Celestica Inc. | CLS | 3.32381 |
| Kinaxis Inc | KXS | 2.81181 |
| Lightspeed Commerce Inc | LSPD | 2.05421 |
| BlackBerry Ltd | BB | 1.19158 |
| Enghouse Systems Ltd | ENGH | 0.96978 |
iShares SPTSX Capped Information Technology Index (XIT) Breakdown by Market Cap
| Category | Value |
|---|---|
| Mega | 26.48441 |
| Big | 43.63452 |
| Medium | 23.2785 |
| Small | 5.39444 |
| Micro | 1.12562 |
iShares SPTSX Capped Information Technology Index (XIT) Sector Breakdown
| Sector | Equity % | Relative to Category |
|---|---|---|
| Basic Materials | 0 | 0.89249 |
| Consumer Cyclicals | 0 | 4.18515 |
| Financial Services | 0.81904 | 1.58311 |
| Real Estate | 0 | 0.26776 |
| Communication Services | 0 | 7.16226 |
| Energy | 0 | 2.69173 |
| Industrials | 0 | 2.75541 |
| Technology | 99.18096 | 38.01317 |
| Consumer Defensive | 0 | 1.65729 |
| Healthcare | 0 | 32.26806 |
| Utilities | 0 | 8.52359 |
iShares SPTSX Capped Information Technology Index (XIT) Geographic Breakdown
| Region | Equity % | Relative to Category |
|---|---|---|
| North America | 100.001 | 85.928 |
| United Kingdom | 0 | 2.12392 |
| Europe Developed | 0 | 7.473 |
| Europe Emerging | 0 | 0 |
| Africa/Middle East | 0 | 0.22 |
| Japan | 0 | 1.806 |
| Australasia | 0 | 0.176 |
| Asia Developed | 0 | 1.373 |
| Asia Emerging | 0 | 0.569 |
| Latin America | 0 | 0.332 |
XIT Management Expense Ratio
XIT has a management expense ratio of 0.61% . The MER is significantly lower than what you can get with a mutual fund product offered by large banks.How to Buy iShares SPTSX Capped Information Technology Index TSX ETF
You can buy XIT on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:| Image | Product Title | Features | Price |
|---|---|---|---|
Editor's Choice  |
| Get $25 Signup Bonus | |
Reliable Pick  |
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