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  5. ZNQ: I would like to purchase a NASDAQ ETF and S&P 500 ETF for a long-term hold 15 years plus in a TFSA account 1. [BMO Nasdaq 100 Equity Index ETF]

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Q: I would like to purchase a NASDAQ ETF and S&P 500 ETF for a long-term hold 15 years plus in a TFSA account
1. Should I buy in USD (QQQ, VOO)or CAD(ZNQ.TO,XUS.TO) I am wondering how the returns are affected if the cad appreciates in future ?
2. If I buy on tsx am I correct in thinking no tax will be withheld as it’s in Tfsa account ?
My ideas : NDAQ QQQ XQQ.TO ZNQ.TO
VOO. XUS.TO ZSP.TO HXS
Appreciate your opinion as to best ones to own
If you can rank best first
Thank you again
Asked by Indra on January 08, 2025
5i Research Answer:
The returns between a USD S&P 500 or Nasdaq 100 ETF will largely be very similar to that of...
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