Market dataIncome framework read
ETFs and Income FundsTSXCanada

XEI.TO

iShares S&P/TSX Composite High Dividend Index ETF

Multi-Sector (ETF / Fund)ETF basketMonthly

Market Snapshot

$39.18

-$0.26 (-65.92%)

Toronto

Yield

N/A

Rate $1.40

Next Payment

Next pay N/A

Ex-date N/A

52wk Position

95.23%

-1.33% below high

Updated just now

Income Intelligence Summary

Deterministic interpretation from Prospyr's income framework and available market data.

Framework readout
1

Income reliability

Derived from payout history

Monthly income profile is visible

XEI.TO has an income profile aligned with its etfs and income funds role. Provider data shows 12 recent payout records.

2

DRIP defense

Editorial framework

Default DRIP test is not defended

XEI.TO does not cover one full share per payment at the default 100-share test. Coverage is 0.3.

3

Main watch item

Editorial framework

DRIP coverage is the weak point

XEI.TO is below the defended default DRIP zone. The practical watch item is share count versus current price, not just stated yield.

Decision Area

Distribution and DRIP Defense

Payout history, default DRIP coverage, and price creep pressure using market data where available.

Distribution Chart

Last 12 payments

Confirmed Expected

Coverage Ratio Test

DRIP defense check

Failed
Cash
$11.70
APR
0.299
Coverage
0.299

Rung failed. Restore immediately or rebalance the holding.

Price Creep

Defended price ceiling

Max defended
$11.70
Cushion
-$27.48
Cushion %
-70.14%
Current $39.18Break $11.70

Smart Recommendation

XEI.TO is not defended at these inputs; top up shares, lower TPR, or test alternatives.

Research Signals

Payout sustainability

Strong

1mo ago

DRIP availability

Available

1mo ago

Tax character

Mixed

1mo ago

Distribution history

5–10 yr track

1mo ago

Structure complexity

Simple

1mo ago

Income trend

Stable

1mo ago

Account suitability

TFSA eligible

1mo ago

Structure Overview

iShares S&P/TSX Composite High Dividend Index ETF (XEI) holds the high-dividend-yield subset of the TSX Composite, including both equity and income trust sectors. XEI pays monthly distributions that may include eligible dividends plus other income components depending on the underlying holdings' distribution character. Its broader sector exposure includes REITs and energy royalty trusts.

Canadian Planning Notes

  • 1XEI's inclusion of REITs and royalty income holdings means distributions may have a mixed tax character (eligible dividends, other income, ROC); verify the annual T3.
  • 2Monthly distributions are useful for income calendaring; DRIP is available.
  • 3Compare XEI's sector weights—particularly REIT and energy royalty exposure—against XDIV and ZDV when selecting a Canadian dividend ETF.

Market Facts

Market Data

A factual market, distribution, valuation, and financial snapshot for this holding.

Market Data

Market data

Updated facts where available

Price

$39.18

Previous close

$39.44

Day range

$39.00 - $39.36

52wk range

$28.60 - $39.71

Market cap

N/A

Volume

256.5K

Avg volume

231.4K

Exchange

Toronto

Dividend and distribution

Forward rate

N/A

Trailing rate

$1.40

Forward yield

N/A

Trailing yield

0.00%

Per payment

$0.12

Cadence

Monthly

Next ex-date

N/A

Next pay

N/A

Last dividend

$0.12

Last dividend date

May 21, 2026

Performance

Daily change

-$0.26

Daily change %

-65.92%

52wk position

95.23%

Below 52wk high

-1.33%

Above 52wk low

36.98%

Open

$39.36

Earnings and financials

Trailing EPS

N/A

Forward EPS

N/A

Revenue

N/A

Revenue growth

N/A

Profit margin

N/A

Operating margin

N/A

Payout ratio

N/A

Free cash flow

N/A

Total cash

N/A

ROE

N/A

ROA

N/A

Debt/equity

N/A

Beta

N/A

Valuation

Trailing P/E

16.31

Forward P/E

N/A

Price/sales

N/A

Price/book

N/A

Enterprise value

N/A

EV/EBITDA

N/A

Analyst facts

Target mean

N/A

Target high

N/A

Target low

N/A

Recommendation mean

N/A

Recommendation key

N/A

Analysts

N/A

Canadian Context

Account placement

TFSA

Mixed-character distributions are usually easiest to handle in a TFSA because annual tax reporting is avoided.

RRSP: Also shelters distribution complexity.

Non-registered: Review T3 or issuer tax breakdown before using a taxable account.

Eligible dividend tax credit

Total credit
$345.27
Effective rate
34.53%

Broker DRIP status

Questrade

Available

Wealthsimple

Available

RBC Direct Investing

Available

TD Direct Investing

Available

Run Your Numbers

Carry this holding into a calculator

Use a planning tool that matches this holding's structure, payout timing, and income use case.

Map income timingTest DRIP durability

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This profile is informational only and does not constitute licensed financial advice. Signal values, planning notes, market data, and structure summaries may not reflect the most current issuer disclosures. Always verify current payout policy, ex-dividend dates, financial statements, and issuer communications before making any investment decision.