Q: I have been moving some of my stocks to ZSP or VDY believing this is more conservative as I should be as an older senior. Am I right or have I just made this up?
5i Research Answer:
Because ETFs are diversified, they do have far less risk in general than single companies. ZSP, for example, has exposure to 500 companies. Some ETFs can be very risky, but we would not consider these to be (other than general market and economic risks).