- CI Morningstar Canada Momentum Index ETF (WXM)
- Vanguard Global Momentum Factor ETF (VMO)
- Fidelity Canadian Momentum ETF FCCM (FCCM)
Q: I am following the ETFMU Balanced ETF Model Portfolio. WXM has a high MER at .66. Could you recommend another ETF from one of the model portfolios that would give me about the same level of potential and risk? It could be either Canadian, US, or international.
thanks
thanks
5i Research Answer:
FCCM is a momentum strategy focused on Canada as well but is on the small side and has less of a track record. VMO is a low-cost global momentum ETF.
Authors of this answer, directors, partners and/or officers of 5i Research and/or affiliated companies have a financial or other interest in VMO.