Investment Q&A

• iShares Russell 2000 Growth ETF (IWO $323.01)
  • $323.01 P/E (TTM): 22.82X Cap: $13.16B
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• iShares NASDAQ 100 Index ETF (CAD-Hedged) (XQQ $62.29)
  • $62.29 P/E (TTM): 19.95X Cap: $4.20B
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• iShares S&P/TSX 60 Index ETF (XIU $46.99)
  • $46.99 P/E (TTM): 16.81X Cap: $20.29B
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• Vanguard S&P 500 Index ETF (VFV $166.62)
  • $166.62 P/E (TTM): 26.41X Cap: $27.60B
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• Vanguard U.S. Dividend Appreciation Index ETF (VGG $102.86)
  • $102.86 Cap: $2.26B
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Q: Adding to a TFSA for a 20 year window.
Please advise 5 ETFs to buy and hold for the duration.

Upvote 23

Read Answer Asked by Don on November 30, 2023

Q: What is your opinion of CCRV vis-a-vis its growth potential and dividend payment consistency?

Upvote 2

Read Answer Asked by David on November 30, 2023

• BMO Equal Weight Banks Index ETF (ZEB $58.30)
  • $58.30 P/E (TTM): 11.77X Cap: $5.42B
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Q: Can you recommend an etf/fund that tracks the Canadian banks?

Upvote 3

Read Answer Asked by Gary on November 30, 2023

• iShares S&P/TSX SmallCap Index ETF (XCS $30.70)
  • $30.70 P/E (TTM): 3.09X Cap: $221M
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Q: What would be your top two Cdn Small Cap Equity ETF picks?

Upvote 4

Read Answer Asked by Robert on November 30, 2023

• iShares Core S&P/TSX Capped Composite Index ETF (XIC $50.55)
  • $50.55 P/E (TTM): 13.65X Cap: $21.88B
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• Vanguard S&P 500 ETF (VOO $627.13)
  • $627.13 P/E (TTM): 26.09X Cap: $753.22B
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• SPDR S&P 500 ETF Trust (SPY $681.92)
  • $681.92 P/E (TTM): 26.22X Cap: $704.27B
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• CI Synergy American Fund Class A (CIG622 $64.28)
  • $64.28 P/E (TTM): 22.9X Cap: $104M
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• Fidelity U.S. Focused Stock Fund B (FID234 $122.76)
  • $122.76 P/E (TTM): 23.7X
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• Fidelity Canadian Growth Company Class Series B (FID254 $127.19)
  • $127.19 P/E (TTM): 12.3X
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• iShares Core S&P 500 ETF (IVV $684.94)
  • $684.94 P/E (TTM): 25.76X Cap: $759.45B
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Q: Hi there,
I have invested in three mutual funds with considerable management fees. I am hoping you can recommend three ETFs with similar holdings/benchmarks and performance. They are CIG 622 (CIG AMRCAN FD CL A -FE) MER 2.44%; FID 254 (FDLTY CDN GRWTH COMP CL B -FE), MER 2.23%; and FID 234 (FDLTY US FO STK SR B -FE), MER 2.22%.

Upvote 4

Read Answer Asked by Zohreh on November 30, 2023

• iShares NASDAQ 100 Index ETF (CAD-Hedged) (XQQ $62.29)
  • $62.29 P/E (TTM): 19.95X Cap: $4.20B
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• Vanguard S&P 500 Index ETF (VFV $166.62)
  • $166.62 P/E (TTM): 26.41X Cap: $27.60B
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• SPDR S&P 500 ETF Trust (SPY $681.92)
  • $681.92 P/E (TTM): 26.22X Cap: $704.27B
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• INVESCO QQQ Trust (QQQ $614.31)
  • $614.31 P/E (TTM): 30.59X Cap: $403.78B
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• Vanguard Balanced ETF Portfolio (VBAL $36.83)
  • $36.83 P/E (TTM): 11.44X Cap: $4.40B
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Q: Hello 5i,

If you were to start a 15,000 USD TFSA which 3 funds would you start with?

Thank you

D&J

Upvote 11

Read Answer Asked by Jerry on November 30, 2023

• iShares Investment Grade Corporate Bond BuyWrite Strategy ETF (LQDW $24.56)
  • $24.56 P/E (TTM): 238.67X Cap: $276M
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Q: hello 5i:
can you give me any suggestions for a US dollar denominated covered call bond Possibly something similar to HBND?
thanks
Paul L

Upvote 3

Read Answer Asked by Paul on November 30, 2023

• iShares U.S. High Yield Bond Index ETF (CAD-Hedged) (XHY $16.64)
  • $16.64 Cap: $959M
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• iShares Interest Rate Hedged High Yield Bond ETF (HYGH $86.20)
  • $86.20 Cap: $439M
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Q: HI;
Would you be kind enough to explain the differences and similarities between these two? Is xhy the canadian version of hyg? Is it hedged?
Is there wh tax on xhy. Level 1 or 2? Can I avoid the wh tax by buying hyg? Is hyg a us or canadian listed etf? Is hyg hedged?
Thanks, BEN.

Upvote 3

Read Answer Asked by BEN on November 29, 2023

• iShares Core Canadian Long Term Bond Index ETF (XLB $18.59)
  • $18.59 Cap: $838M
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• iShares 20+ Year Treasury Bond ETF (TLT $87.16)
  • $87.16 Cap: $47.79B
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Q: I’m 72 and retired, I would appreciate your view on investing in Canadian long term bond etfs, I plan on purchasing TLT in my U.S. account and was interested in purchasing a Canadian long term etf as well…..I appreciate your views, thank you!

Upvote 10

Read Answer Asked by Pat on November 29, 2023

• BMO High Yield US Corporate Bond Hedged to CAD Index ETF (ZHY $11.16)
  • $11.16 P/E (TTM): 0.25X Cap: $1.45B
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• iShares U.S. High Yield Bond Index ETF (CAD-Hedged) (XHY $16.64)
  • $16.64 Cap: $959M
  • View XHY Profile
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Q: These two US Corporate bond ETFs seem quite similar. How would you decide which of these two to buy in a registered account?

Upvote 3

Read Answer Asked by Elaine on November 29, 2023

• iShares Russell Mid-Cap ETF (IWR $96.27)
  • $96.27 P/E (TTM): 20.81X Cap: $46.35B
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• iShares Core S&P Mid-Cap ETF (IJH $66.00)
  • $66.00 P/E (TTM): 19.87X Cap: $102.06B
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• iShares Core S&P Small-Cap ETF (IJR $120.18)
  • $120.18 P/E (TTM): 17.65X Cap: $88.03B
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• Vanguard Mid-Cap ETF (VO $290.22)
  • $290.22 P/E (TTM): 23.31X Cap: $88.59B
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Q: Hi:
I own IJR for usa small caps. Could you suggest an etf for mid caps?
Thanks, BEN.

Upvote 4

Read Answer Asked by BEN on November 29, 2023

• iShares Core Canadian Universe Bond Index ETF (XBB $28.16)
  • $28.16 Cap: $9.11B
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• iShares Core Canadian Long Term Bond Index ETF (XLB $18.59)
  • $18.59 Cap: $838M
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• Fidelity Global Core Plus Bond ETF (FCGB.U $16.07)
  • $16.07 P/E (TTM): 36.09X
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• Dynamic Active Discount Bond ETF (DXDB $21.57)
  • $21.57 Cap: $705M
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Q: I am considering getting into bond ETF's, given that we are apparently hitting pause on rate hikes and will potentially begin to cut rates in 2024. I realize that you cannot predict timing but would you consider this a good time to be getting into bonds?

What is your view on bond ETF's FCGB and DXDB, or can you offer another bond ETF to consider?

Thank you
Tim

Upvote 6

Read Answer Asked by Timothy on November 29, 2023

• BMO Nasdaq 100 Equity Hedged To CAD Index ETF (ZQQ $172.77)
  • $172.77 P/E (TTM): 29.26X Cap: $2.78B
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Q: I understand that ZQQ is hedged to the Canadian dollar. Does that mean that the share price is unaffected by a decline in the C$ relative to the US$? If so, then presumably you don't want to be hedged if the C$ is rising relative to the US$. Is there an un-hedged version of ZQQ? Or do I have this backwards?

Upvote 3

Read Answer Asked by Ken on November 29, 2023

• BMO Equal Weight Banks Index ETF (ZEB $58.30)
  • $58.30 P/E (TTM): 11.77X Cap: $5.42B
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Q: HI;
Today you had a question from Tim concerning the banks, and their outlook. I would like to buy some BMO; ZEB, however in the fund facts they state that they distribute any realized capital gains in December.
I do not want to get a tax slip for the yearly gains. Is my thinking off course? What do you suggest? , besides buying 6 stocks. If i wait till January , the price may have appreciated a lot.
Thanks, BEN.

Upvote 2

Read Answer Asked by BEN on November 29, 2023

• iShares Core Canadian Long Term Bond Index ETF (XLB $18.59)
  • $18.59 Cap: $838M
  • View XLB Profile
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Q: Which bond ETF would you recommend buying if Bank of Canada decreases bank rate by at least 1% in 2024?

Upvote 4

Read Answer Asked by Robert on November 29, 2023

• iShares Russell 2000 Growth ETF (IWO $323.01)
  • $323.01 P/E (TTM): 22.82X Cap: $13.16B
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• Vanguard S&P Small-Cap 600 ETF (VIOO $110.96)
  • $110.96 P/E (TTM): 17.28X Cap: $2.95B
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Q: After listening to Larry Berman on BNN yesterday I looked for the symbols for the small cap etf representing S&P 600 and couldn't find them .What ETF do you feel best represents the S&P 600 or US small caps ?

Upvote 3

Read Answer Asked by lynn on November 28, 2023

• Tesla Inc. (TSLA $449.72)
  • $449.72 P/E (TTM): 307.67X Cap: $1.49T
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• Global X Equal Weight Canadian Bank Covered Call ETF (BKCC $16.68)
  • $16.68 P/E (TTM): 11.71X Cap: $303M
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• Global X Canadian Oil and Gas Equity Covered Call ETF (ENCC $10.57)
  • $10.57 P/E (TTM): 6.67X Cap: $658M
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• Telsa Yield Shares Purpose ETF (YTSL)
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Q: Please rank the above in terms of risk/reward and technicals

Upvote 4

Read Answer Asked by Paul on November 28, 2023

• Hamilton Canadian Financials YIELD MAXIMIZER TM ETF (HMAX $16.19)
  • $16.19 P/E (TTM): 9.31X Cap: $1.78B
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• Hamilton Utilities YIELD MAXIMIZER TM ETF (UMAX $13.17)
  • $13.17 P/E (TTM): 15.01X Cap: $905M
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Q: A little while ago I asked 5i what the current yield was for UMAX and HMAX as I wanted to target the yield for an entry point . Could 5i give me the formula to use so I can do this on my own ? Use HMAX as an example to illustrate using the formula ..... Thanks Garth

Upvote 5

Read Answer Asked by Garth on November 27, 2023

• Vanguard Balanced ETF Portfolio (VBAL $36.83)
  • $36.83 P/E (TTM): 11.44X Cap: $4.40B
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• Vanguard Growth ETF Portfolio (VGRO $42.92)
  • $42.92 P/E (TTM): 1.93X Cap: $8.41B
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Q: I am transferring a work RRSP in cash and need to invest the proceeds. $80k for a 63 year old. I am thinking of allocating this into ETF’s. Please recommend which ones and the allocation.
Can take on reasonable risk.

Upvote 8

Read Answer Asked by Lois on November 27, 2023

• Harvest Brand Leaders Plus Income ETF (HBF $10.73)
  • $10.73 P/E (TTM): 23.05X Cap: $520M
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Q: What are your thoughts on this ETF for retirement income ? Thanks Steve

Upvote 3

Read Answer Asked by STEVE on November 27, 2023