John Hood TD U.S. Equity Index ETF TPU-T TOP PICK Jun 25, 2024

It has exposure to the U.S.and its MER is in the 0.04 range which is very very low. It has been a good performer for them. It is not very different than an ETF that tracks the S&P 500 - just uses a different index provider.

It is a solid ETF at quite a low cost. Its companies, tech and otherwise are so cemented and still seeing growth. Tech is concentrated on higher tech names. He is holding and adding some.

Perfectly good, nothing wrong with it. He initially bought it to save tax.

The weak USD is a serious headwind, 5% in recent months. The move isn't done, so he's hedging his holdings as the CAD is strong against the USD>

ZQQ is the NASDAQ 100. COST is in the top 10 holdings. Choose this one for more growth long term, but it's absolutely expensive right now. TPU is broader US large-cap exposure. Doesn't track the S&P 500, but very similar. JPM is one of the top 10 holdings.

If you're putting new $$ to work, avoid both for now.