-
BMO MSCI USA High Quality Index ETF (ZUQ $88.35)
- $88.35 Fwd P/E: 52.72X Cap: $885M
- View ZUQ Profile
- View Questions on ZUQ
Detailed Quote
Questions on this company?
Become a Member
Company Profile
Interactive Chart
Key Ratios
Earnings
Analyst Recommendations
5i Recent Questions
-
BMO MSCI USA High Quality Index ETF (ZUQ $88.35)
- $88.35 Fwd P/E: 52.72X Cap: $885M
- View ZUQ Profile
- View Questions on ZUQ
-
BMO S&P 500 Index ETF (ZSP $93.11)
- $93.11 Fwd P/E: 57.26X Cap: $16.33B
- View ZSP Profile
- View Questions on ZSP
-
BMO S&P/TSX Capped Composite Index ETF (ZCN $36.14)
- $36.14 Fwd P/E: 20.49X Cap: $9.17B
- View ZCN Profile
- View Questions on ZCN
-
iShares Canadian Growth Index ETF (XCG $60.87)
- $60.87 Fwd P/E: 9.37X Cap: $100M
- View XCG Profile
- View Questions on XCG
-
Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY $52.11)
- $52.11 Fwd P/E: 14.74X Cap: $2.99B
- View VDY Profile
- View Questions on VDY
-
Vanguard U.S. Dividend Appreciation Index ETF (VGG $95.91)
- $95.91 Cap: $1.67B
- View VGG Profile
- View Questions on VGG
-
Vanguard Balanced ETF Portfolio (VBAL $34.31)
- $34.31 Fwd P/E: 20.32X Cap: $3.08B
- View VBAL Profile
- View Questions on VBAL
-
Vanguard Growth ETF Portfolio (VGRO $39.03)
- $39.03 Fwd P/E: 20.67X Cap: $5.89B
- View VGRO Profile
- View Questions on VGRO
-
Vanguard All-Equity ETF Portfolio (VEQT $48.10)
- $48.10 Fwd P/E: 12.76X Cap: $4.91B
- View VEQT Profile
- View Questions on VEQT
-
iShares Core Balanced ETF Portfolio (XBAL $31.07)
- $31.07 Fwd P/E: 12.87X Cap: $1.45B
- View XBAL Profile
- View Questions on XBAL
-
iShares Core Growth ETF Portfolio (XGRO $31.80)
- $31.80 Fwd P/E: 20.51X Cap: $2.53B
- View XGRO Profile
- View Questions on XGRO
-
iShares Core Equity ETF Portfolio (XEQT $35.62)
- $35.62 Fwd P/E: 20.82X Cap: $4.08B
- View XEQT Profile
- View Questions on XEQT
Q: Following up on Harrison's RESP question from February 10th, I'm seeking advice on ETF recommendations for my grandson's RESP. He turns two in March 2025, giving him approximately 16 years until he'll need the funds.
I appreciate your ETF recommendations, particularly the split between Canadian and US markets (VGG, ZSP, ZCN, XCG, VDY). I'm also considering ZUQ (BMO MSCI USA High Quality Index), but I'm wondering if it's too similar to ZSP? Your thoughts?
I do not like CDZs holdings as much.
You also mentioned two balanced ETFs in your response (XBAL and VBAL). The fixed income allocation is approximately 40% for these balanced ETFs. In contrast, XGRO and VGRO have a fixed income allocation of around 20%, and XEQT or VEQT have no fixed income. What I like about these allocation ETFs is they have some international exposure.
Considering the long-term horizon, I'm leaning towards XEQT/VEQT, which have no fixed income. My main question is whether the 20% fixed income component of XGRO/VGRO or even the XBAL/VBAL (40% fixed income) is necessary for a two-year-old’s RESP? Or are XEQT/VEQT too aggressive, considering the other ETFs mentioned?
Finally, wouldn't it be more appropriate to introduce a 100% fixed income ETF closer to the withdrawal age or perhaps three years before we start accessing the funds?
Deduct as many points as you think necessary.
As always thanks for the great advice.
Élaine
I appreciate your ETF recommendations, particularly the split between Canadian and US markets (VGG, ZSP, ZCN, XCG, VDY). I'm also considering ZUQ (BMO MSCI USA High Quality Index), but I'm wondering if it's too similar to ZSP? Your thoughts?
I do not like CDZs holdings as much.
You also mentioned two balanced ETFs in your response (XBAL and VBAL). The fixed income allocation is approximately 40% for these balanced ETFs. In contrast, XGRO and VGRO have a fixed income allocation of around 20%, and XEQT or VEQT have no fixed income. What I like about these allocation ETFs is they have some international exposure.
Considering the long-term horizon, I'm leaning towards XEQT/VEQT, which have no fixed income. My main question is whether the 20% fixed income component of XGRO/VGRO or even the XBAL/VBAL (40% fixed income) is necessary for a two-year-old’s RESP? Or are XEQT/VEQT too aggressive, considering the other ETFs mentioned?
Finally, wouldn't it be more appropriate to introduce a 100% fixed income ETF closer to the withdrawal age or perhaps three years before we start accessing the funds?
Deduct as many points as you think necessary.
As always thanks for the great advice.
Élaine
-
BMO Equal Weight US Banks Index ETF (ZBK $38.39)
- $38.39 Fwd P/E: 11.69X Cap: $889M
- View ZBK Profile
- View Questions on ZBK
-
BMO MSCI USA High Quality Index ETF (ZUQ $88.35)
- $88.35 Fwd P/E: 52.72X Cap: $885M
- View ZUQ Profile
- View Questions on ZUQ
-
Global X S&P 500 Index Corporate Class ETF (HXS $87.63)
- $87.63 Cap: $4.21B
- View HXS Profile
- View Questions on HXS
-
iShares Core S&P/TSX Capped Composite Index ETF (XIC $43.09)
- $43.09 Fwd P/E: 5.58X Cap: $14.04B
- View XIC Profile
- View Questions on XIC
-
iShares S&P/TSX 60 Index ETF (XIU $40.66)
- $40.66 Fwd P/E: 13.4X Cap: $15.17B
- View XIU Profile
- View Questions on XIU
-
Vanguard U.S. Dividend Appreciation Index ETF (VGG $95.91)
- $95.91 Cap: $1.67B
- View VGG Profile
- View Questions on VGG
-
Global X Europe 50 Index Corporate Class ETF (HXX $60.60)
- $60.60 Cap: $120M
- View HXX Profile
- View Questions on HXX
-
iShares Core MSCI Canadian Quality Dividend Index ETF (XDIV $31.88)
- $31.88 Fwd P/E: 25.07X Cap: $1.41B
- View XDIV Profile
- View Questions on XDIV
-
BMO S&P US Mid Cap Index ETF (ZMID $46.16)
- $46.16 Fwd P/E: 35.59X Cap: $307M
- View ZMID Profile
- View Questions on ZMID
Q: I have CAD to invest in Canadian-dollar denominated ETFs: (1) Canadian stocks - VGG. XIU XIC XDIV; (2) US ETFs in CAD FX - HXS ZUQ ZMID and ZBK and (3) - EU ETF - HXX. How to go about assessing one against the other. Is there a better ETF in each group you would prefer? Would appreciate guidance on which ones are keepers for long-term hold? How would you evaluate them?
-
BMO Equal Weight US Banks Index ETF (ZBK $38.39)
- $38.39 Fwd P/E: 11.69X Cap: $889M
- View ZBK Profile
- View Questions on ZBK
-
BMO MSCI USA High Quality Index ETF (ZUQ $88.35)
- $88.35 Fwd P/E: 52.72X Cap: $885M
- View ZUQ Profile
- View Questions on ZUQ
-
Global X S&P 500 Index Corporate Class ETF (HXS $87.63)
- $87.63 Cap: $4.21B
- View HXS Profile
- View Questions on HXS
-
iShares S&P/TSX 60 Index ETF (XIU $40.66)
- $40.66 Fwd P/E: 13.4X Cap: $15.17B
- View XIU Profile
- View Questions on XIU
-
Invesco Aerospace & Defense ETF (PPA $142.30)
- $142.30 Fwd P/E: 63.79X Cap: $5.85B
- View PPA Profile
- View Questions on PPA
-
Global X Europe 50 Index Corporate Class ETF (HXX $60.60)
- $60.60 Cap: $120M
- View HXX Profile
- View Questions on HXX
-
American Century ETF Trust (QGROQGRO)
- Fwd P/E: 29.0X
- View QGROQGRO Profile
- View Questions on QGROQGRO
-
ENTREPRENEURSHARES (XOVR $19.00)
- $19.00 Fwd P/E: 38.7X Cap: $372M
- View XOVR Profile
- View Questions on XOVR
-
BMO S&P US Mid Cap Index ETF (ZMID $46.16)
- $46.16 Fwd P/E: 35.59X Cap: $307M
- View ZMID Profile
- View Questions on ZMID
-
iShares U.S. Broker-Dealers ETF (IAI $171.42)
- $171.42 Fwd P/E: 36.87X Cap: $1.40B
- View IAI Profile
- View Questions on IAI
-
First Trust RBA American Industrial Renaissance ET (AIRR $83.62)
- $83.62 Fwd P/E: 22.37X Cap: $4.02B
- View AIRR Profile
- View Questions on AIRR
-
Invesco S&P 500 Momentum ETF (SPMO $112.07)
- $112.07 Fwd P/E: 56.03X Cap: $9.44B
- View SPMO Profile
- View Questions on SPMO
-
Evolve Canadian Utilities Enhanced Yield Index Fund (UTES $9.03)
- $9.03 Fwd P/E: 46.52X Cap: $116M
- View UTES Profile
- View Questions on UTES
Q: Part of our total portfolio is invested in ETFs [non-registered accounts] and one-third is in Canadian-based and Canadian-dollar denominated US ETFs. Another third is in US ETFs - spread among Large Cap Value, Blend and Growth, and SMID. The final third is in Special US ETF - IAI ZBK AIRR PAVE SHLD PPA SMH UTES AND HXX. Your advice is requested as to which ones to over-weight, underweight or sell. Please rank each category, if you would. My lean is less tech/ M7 as already own most.
Insiders
Share Information
News and Media