- BMO Equal Weight Industrials Index ETF (ZIN)
- iShares S&P Global Industrials Index ETF(CAD-Hedged) (XGI)
- Vanguard Industrials ETF (VIS)
- First Trust AlphaDEX U.S. Industrials Sector Index ETF (FHG)
Q: I am looking for an ETF in CAD that does not involve hedging that is focused on manufacturing / industrial with a global focus. If global is not available then at least the focus is on USA. I found XGI but it hedges and has an MER of .68%. VIS will cover USA but is in USD.
Thank you
Paul
Thank you
Paul
5i Research Answer:
The choice here is very limited. ZIN is Canadian only. FOUR has 77% US exposure but it is too new and too small at $10M in assets. It covers 'transformational' industrials so is also different than the standard definition of industrials. The closest match we get is FHG. Unhedged, 96% US, $41M in assets. Fees 0.76%, YTD 32.29%.