Sun Life Financial is mentioned as a significant financial holding within the XDIV ETF, bolstering its financial sector exposure.
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Recession Proof Canadian Dividend Stocks To Buy As Markets Crash
The creator discusses recession-proof Canadian dividend ETFs like XEI, XDIV, and VDY, comparing them to US counterparts like SCHD. They highlight the resilience of dividend investors amidst market volatility, particularly due to oil exposure. The creator expresses a strong positive sentiment towards Canadian Natural Resources, a favorite oil stock, due to its strong earnings and dividend growth. They also touch upon the performance of tech stocks like Microsoft and Amazon, and Warren Buffett's increased investment in Chevron.
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Tickers discussed in this post
Toronto Dominion Bank is a key financial holding in XDIV, contributing to the ETF's substantial financial sector allocation.
Royal Bank is a significant holding within XDIV, contributing to the ETF's heavy financial sector weighting.
Enbridge is listed as a top holding in XEI, contributing to the energy sector's significant weighting in the ETF.
TC Energy is mentioned as a top holding in XEI, contributing to the energy sector's significant weighting in the ETF.
Suncor is a top holding in XEI and XDIV, contributing to the energy sector's strong weighting in these ETFs.
Canadian Natural Resources is the creator's favorite oil stock, praised for crushing earnings, increasing dividends, and scaling output like a tech stock.
Meta is mentioned as an exception among tech players that are performing relatively well, though it is experiencing some decline.
Google is mentioned as a stock that rallied back quickly after a potential 'snatch and grab' by Berkshire Hathaway, and is currently down only half a percentage point.
Amazon is performing well and is part of the creator's strategy to gain exposure to companies controlling the future of AI.
Microsoft is noted as one of the few green stocks and a hyperscaler performing well, benefiting from AI trends and holding up well during market volatility.
Lockheed Martin is mentioned as a key defensive holding within the SCHD ETF, benefiting from geopolitical instability.
Chevron is highlighted as a primary focus for Berkshire Hathaway, with continued additions to the position, indicating a strong endorsement of its oil exposure.
Despite current underperformance due to Middle Eastern exposure, VDY is still loved and being scaled by the creator for its dividend yield and international exposure.
XEI is highlighted as a top favorite diversified monthly paying Canadian dividend ETF, proving recession-proof and a great pair with SCHD for retirement portfolios.
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