iShares S&P/TSX Capped Utilities ETF Delivers 11% Total YTD Return
The iShares S&P/TSX Capped Utilities Index Fund (TSX:XUT) has gained approximately 8% year to date, with total returns reaching roughly 11% when factoring in dividend payouts. Shares of the fund moved down 0.40% to trade at 34.45 CAD.
The exchange-traded fund focuses on Canadian utility companies, offering an annual dividend yield of around 3.3%. With tech sector valuations elevated and investors seeking defensive options with little to no artificial intelligence exposure, utility equities provide a steady income alternative. The concentrated portfolio consists of 13 holdings, including major firms such as Fortis, Emera, and Brookfield Infrastructure Partners.
Over a five-year horizon, the fund has generated cumulative total returns of 40%. Market participants seeking lower-volatility options will watch how broader economic conditions and interest rate movements influence utility equity valuations going forward.
Key points
- The iShares S&P/TSX Capped Utilities Index Fund (TSX:XUT) holds an annual dividend yield of around 3.3%.
- The ETF has achieved a year-to-date total return of roughly 11% including dividends.
- Over the past five years, the fund's cumulative total return stands at approximately 40%.
- The fund maintains a concentrated portfolio of 13 Canadian utility holdings.
Written by our AI from expert market sources across the web. It can contain mistakes: check the facts before acting on them. Write-ups powered by the free AI API at FreeTheAI.org
How we writeDisclaimerQuestions and answers
What is the dividend yield of the iShares S&P/TSX Capped Utilities Index ETF?
The fund currently pays an annual dividend yield of approximately 3.3%.
How many companies are held in the TSX:XUT fund?
The ETF holds 13 Canadian utility companies, including Fortis, Emera, and Brookfield Infrastructure Partners.
What are the total returns for TSX:XUT over five years?
The fund has produced total returns of approximately 40% over the past five years.