-
iShares Core MSCI All Country World ex Canada Index ETF (XAW)
-
Vanguard FTSE Emerging Markets All Cap Index ETF (VEE)
-
Vanguard S&P 500 Index ETF (VFV)
-
Vanguard Total International Stock (VXUS)
Q: What are your recommended non-Canadian equity ETFs?
Do you prefer US only ETFs, or worldwide non-Canadian ETFs, for a long term hold?
Is it more likely that US equities will outperform non-US, such as Europe and Japan, or is it too hard to tell?
Do you prefer US only ETFs, or worldwide non-Canadian ETFs, for a long term hold?
Is it more likely that US equities will outperform non-US, such as Europe and Japan, or is it too hard to tell?
5i Research Answer:
Predictions are always difficult, but for the short to medium term we would still prefer US equities. We think some international exposure makes sense for most investors, but dollar strength and the US economy still favour the US, especially if protectionist policies work (debatable). XAW is a non-Canadian ETF, and has 66% US exposure. VXUS is one of our favourite non-US ETFs, with huge assets and low fees (Canada is 7% of this fund, Japan 15%). VEE can be suggested for emerging markets.
Authors of this answer, directors, partners and/or officers of 5i Research and/or affiliated companies have a financial or other interest in VFV.