Do you like XEI?

Well, that question can't be answered without first knowing what you're looking for!

If you're looking for high growth options, then I'd say yes, there is better places to deploy capital than XEI.

However, if you're looking for a high yielding monthly income stream, one that will likely keep up with the overall returns of the index, it's one of the best sources in the country in terms of ETFs!

The reason you'll get strong income, but little capital growth from the ETF is it contains a lot of blue-chip plays here in Canada that are far past the growth stage, and are instead in the mature stage, with stable cash flow and reliable dividends paid instead of aggressive growth. Think TD Bank, Enbridge, Canadian Natural Resources, Nutrien etc. Those are all top 10 holdings in the ETF