skip to content
  1. Home
  2. >
  3. Questions
  4. >
  5. HEQT: I'm looking at portfolio style ETFs for my RRSP like VGRO. [Global X All-Equity Asset Allocation ETF]
You can view 2 more answers this month. Sign up for a free trial for unlimited access.

Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: I'm looking at portfolio style ETFs for my RRSP like VGRO. I find these Canadian based ETFs are overweight Canadian equites. My aim is to reduce the number of ETFs that i own in my RRSP. Is there any CAD ETFs that you recommend that cover global equities, including US, that doesn't overweight Canada?
Asked by Matthew on January 15, 2025
5i Research Answer:

It is hard to find Canadian based asset allocation ETFs with low exposures to Canada. Global X is likely the closest offering that we are aware of with HEQT 13% allocated to Canada. One other option could be to own an 'ex-Canada' ETF and then just add a Canada specific ETF at the desired allocation.  XAW is 'ex Canada' and a fund we like for those purposes. 

Let us help YOU reach your financial goals today!

Start your FREE trial today and enjoy all the benefits of a 5i Membership including:

  • Access to a team of experts ready to answer your investments question 
  • Instant access to over 100,000 archived questions
  • A community of like-minded investors
  • Peace of mind knowing that 5i Research has only YOUR best interests in mind