Investment Q&A

Q: Which one do you prefer?

Q: Hello Peter,
For a 30 year old that wants to invest for the long term and not have to worry about following the markets constantly, what is your opinion on investing on the 5 ETFs: 40 % to VBAL ( as it contains bond portfolio) and 60 percent to the rest of the 4 ETFS. I know there is some duplication but wanted your opinion.. thanks for the service.

Q: Thank you for your precious advice you made me a much better investor VS trader over the years with much more success. Now is the time for a loooooong term view of my portfolio. I am retired and just need to allocate the right amount in the right positions. Within the US part of my investment what percentage would you allocate to each of the above?

Thank you

Yves

Q: Can you please recommend 3 hedged CDN ETFs that follow the S&P 500, but with less % ownership of the 7 high tech companies such as owned by: ZUE, XSP, and VSP? I'm looking for 10% profit over one year including both dividends and capital appreciation.

Q: Regarding my question yesterday about a hedged ETF for either Nasdaq or S&P500: You suggested ZSP, but it appears to be not hedged. For a hedged suggestion would you pick XSP-T or another choice please?

Q: Can you pls recommend 3 hedged ETFs following S&P 500 Index, that will have about 10% yield over next 1 year, including both dividends and capital appreciation?

Q: Which would be your preferred US index ETFs for a TFSA?
Thank you

Q: XSP is the CDN hedged version of the S&P 500 which should match the performance of SPY (the S&P 500 in US dollars) over the same time period. However XSP has significantly underperformed SPY eg the compounded annual performance of XSP for the period ending April 30/24 for 3 years, 5 years and 10 years is 6.71%. 11.45% and 10.98% respectively. The corresponding nos for SPY are 7.94%, 13.09% and 12.30% ie XSP has underpermed by 1.23%/year for 3ys, 1.64%/year for 5 years and 1.32% for 10 years. Both ETFS have the same MER of 0.09%- Blackrock indicates that the cost of hedging is included in their MER but this cannot be the case. Is the real cost of hedging with XSP as high as 1.23-1.64%/year? There should a small tracking error but these differnces in performance are siginficant and consistently in favour of SPY

Q: Hi Guys

It seems during the last year that the Mag7 have really had their time in the sun. I am wondering if there might be some rotation out of these names. Wondering where you thought the best returns would be over the next few years in a S&P 500 type ETF:

1) XSP - iShares Core S&P 500 Index ETF
2) An Equal Weight S&P 500 Index like Invesco S&P 500 Equal Weight Index ETF, 3) or or something like the Vanguard Dividend Appreciation ETF.

What ETF would you think would do the best

Thanks

Stuart

Q: hi, can I get your top pick(s?) for a US market(s?) ETF CDN$ hedged long term hold.
cheers, Chris

Q: I'm split at 20% ETF and 80% stock. Going into 2024 where do you see the canadian market vs the S&P or MSCI EAFE ? The US has outperformed the other 2 in 2023 as usual but do you believe that this continues into 2024? Could you comment on the 3 and what are the chances for the Canadian and International markets to perform better than they have in the coming years?

Q: For S&P500 and Nasdaq100 Index ETFs:
Which Canadian ETFs would be more beneficial if one believes the Canadian dollar is currently close to the low point and will get stronger against USD on the long run ?
Also comment on withholding tax consequences of holding these index ETFs in TFSA.
Thank you

Q: Hello Peter,
From an earlier question on VFV in terms of foreign taxes, it looks like there is a double taxation as VFV invests in US ETF not directly in US stocks.. I would think i am better off with xsp excepts the etf hedges. Would i better off just investing in SPY or is there another ETF that is like VFV but invests directly in US stocks.. Thanks very much

Q: Hi there,

The majority of my portfolio is held in XEQT. If I wanted to increase US exposure from 45% to 60%, in your opinion would to be best to layer in a hedged or unhedged US etf, considering XEQT already holds unhedged US exposure?

Thanks!

Q: When lookking at the ROI over 3-5-10 years. The S&P has always done better than the others. When looking at the strength of their economy and the investment that US companies put in R&D how are they gonna loose their 1st position as a super economy power? and foremost and this is the question: Why invest elsewhere? Canada with merely 5% of the world economy? Europe has been lagging since I started investing 40 years ago where else? China? gotta be kidding. Seriously why spread our investments worldwide when the best is our neibours? Just buy the S&P and wait still forever.

Thanks

Yves

Q: Hello Peter,
Thanks for your service. My renewal is coming up and yours is the only service i plan to renew.

For the three index funds, over a 5 year comparison, VFV out performs all , SPY 2nd and XSP is the last ... Why such a discrepancy? Am I better off with VFV going forward? Thanks

Q: What 3 ETF's would you recommend for investing in: USA, Europe, and Asia?

Q: What ETF's do you recommend for dividends and growth for:
1. Canadian coverage
2. US coverage but in $CAD.
3. Europe coverage but in $CAD
4. Asia coverage but in $CAD

Q: I am not sure that i got the correct information but is it possible that over the last 10 years the unhedged ETFs have far outperformed the hedged ETF. If that is the case, why
Thanks, Peter

Q: Hello Peter,
Is VFV and XSP about the same except one is hedged? I have held Sienna and Chartwell for a long time and I thought from a demographic point , they would be great long term holds.. I am down alot but the dividend is great. Are these two good long term holds or since covid, the recovery maybe too long of a time given the high interests that we see. Thanks very much