Q: Can you explain the difference between these two. Curious which is more or less risky or would have potential better returns in long term.
5i Research Answer:
The main difference is the stock focus. XGRO specifically targets 'growth' companies and XEQT is 'core' equity which typically means larger companies. XEQT has a higher concentration of US exposure as well (46% vs 37%). XEQT has a better long term performance record (five-year 12.4% vs 10.2%), reflecting the lower returns of smaller companies during the period. Median market cap for XGRO is $2.3B, vs $8B for XEQT.