Richard OrrellVanguard All-Equity ETF Portfolio ETFVEQT.TOWEAK BUYJun 12, 2026

VEQT gives you broader global exposure, which he prefers, as opposed to only the US. But if you have sideline money now that you want to put to work for the next 10 years, this is not a good time to do that, because valuations are high.

Both are good options as building blocks in a portfolio. Vanguard's always been low cost and in tune with what the market's doing. He holds some in client portfolios. Know that it's 100% equity -- US, Canada, and other markets. VEQT won't have as high a dividend as VDY.

This question really goes to timeline and the age of the beneficiary. If you need the $$ back in a year, he's taking no risk and basically putting it under the mattress ;)  For 1-2 years, he'd put it in very safe fixed income. For 3 years, starting to get into balanced growth (perhaps 60/40). 

Anything beyond 3-5 years, he's looking at a lot of equity in a portfolio. And usually with RESPs, you're contributing along the way. Look at a single-fund solution like VEQT (100 equity), then move to VGRO (80/20), and finally VBAL (60/40). 

RESPs are really about saving, and continuing to save. You know how much you think you might need ($20-24k a year), and you just have to get yourself there.

Excellent option for exposure to equities. Vanguard products very good, with low expenses. A great way to invest, and leave "alone" for 10 years. No bonds (dividend yield), but great option. 

Billy Kawasaki’s Insights - Picks from 5i Research. A fund that is all equity so there is some market risk. It is large and liquid, offering a global exposure. 40% of assets are in the US, with 29% in Canada. There is no dividend withholding tax if in an RRSP. Unlock Premium - Try 5i Free

VEQT vs. VFV vs. XWD He prefers VEQT and XWD, because he'd rather be all-world than just the U.S. He likes diversification. VEQT is all-cap vs. XWD is large-cap, and he prefers all-cap. So, VEQT is his top choice here.