
TSE:VSP
This summary was created by AI, based on 3 opinions in the last 12 months.
The Vanguard S&P 500-CAD Hedged ETF (VSP-T) offers investors exposure to the S&P 500 index while providing a currency hedge against fluctuations in the Canadian dollar (CAD). Experts express varying views on the benefits of this hedged version compared to its unhedged counterpart (VFV). The overarching sentiment is that while VSP may provide some protection in a weak CAD environment, long-term performance might favor unhedged investments due to potential strength in the US dollar. Additionally, there are concerns about high valuations in the tech-heavy component of the index, which constitutes a significant portion of the ETF. While VSP is a viable option, a more equally weighted strategy may be preferred by some investors, alongside the potential for using both hedged and unhedged versions to diversify risk.
Vanguard S&P 500-CAD Hedged (VSP-T) or BMO Dow Jones Industrial Average Hedge (ZWA-T) and in the next 3-6 months? These are 2 very different things. In this one you are basically getting pure exposure to the upside to the S&P 500. The Dow has actually lagged the S&P 500. So he would want to own this one instead. Low fee and just stick with it and allow the full upside of the market to be delivered to your statement every month.