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  5. VFV: In the last 12 months, the canadian dollar has fallen on average about 72 cents to now under 70 cents approximately, therefore if I understood the hedge vs unhedged issue correctly, VSP should have... [Vanguard S&P 500 Index ETF]

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Q: In the last 12 months, the canadian dollar has fallen on average about 72 cents to now under 70 cents approximately, therefore if I understood the hedge vs unhedged issue correctly, VSP should have outperformed VFV. it looks like the complete opposite in 1 year returns. Why is that ?
Asked by Ernest on January 23, 2025
5i Research Answer:
VFV is unhedged while VSP is hedged, and both are denominated in CAD. Since VSP is hedged, it...

Authors of this answer, directors, partners and/or officers of 5i Research and/or affiliated companies have a financial or other interest in VFV.

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