Q: I am trying to decide which ETF to purchase for an RRSP. VFV and VIG have been performing well. About a 3 year hold. Any other suggestions?
T Steve
T Steve
5i Research Answer:
For an RESP we would suggest VFV. Historically, it has outperformed due to its broad S&P 500 focus vs VIG's dividend growth focus. While VIG is less risky, we are comfortable going with a higher growth play for an RESP and mid-term holding period. IUSG is an interesting ETF as well for an investor who wants a growth-focused security.
Authors of this answer, directors, partners and/or officers of 5i Research and/or affiliated companies have a financial or other interest in VFV, VIG.