- iShares Core MSCI All Country World ex Canada Index ETF (XAW)
- iShares Core S&P U.S. Total Market Index ETF (XUU)
Q: I want to spread some cash out, and away from a Canadian focus. Which of these two ETF's would you consider a better purchase for long term growth?
5i Research Answer:
XAW is ex-Canada, but is still 63% skewed towards the US. XUU is a 'total' US market. So, it comes down to whether the US beats international stocks longer term. While we believe in diversification, we would think that XUU (all US) will still beat international markets in the medium term.