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iShares Core MSCI Canadian Quality Dividend Index ETF (XDIV)
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iShares Core Growth ETF Portfolio (XGRO)
Q: Can both of these be held in a long term balanced portfolio? Is there overlap between them?
5i Research Answer:
XGRO holds 80% equities and 20% bonds, while XDIV is purely equities with a dividend focus. There is some overlap between the two, but XDIV holds Canadian dividend-payers while XGRO only has a 20% exposure to Canadian equities. Both have good liquidity, low MERs, and a decent history of long-term performance. We would be fine with these as part of a long-term portfolio.