- BMO MSCI Emerging Markets Index ETF (ZEM)
- iShares Core MSCI Emerging Markets IMI Index ETF (XEC)
- Vanguard FTSE Emerging Markets All Cap Index ETF (VEE)
Q: can you tell me if holding VEE, ZEM, or XEC has any advantage over the other in terms of tax efficiency? Also, can you rank order in terms of which account emerging market etf should be held for tax efficiency (please rank best to worse).
thanks
thanks
5i Research Answer:
ZEM owns its securities directly. VEE owns its through another ETF. XEC owns its directly. Thus, ZEM and XEC are equal in terms of having a slightly advantage over VEE for withholding tax considerations. Ranked: ZEM, XEC, VEE.