
TSE:VSP
This summary was created by AI, based on 2 opinions in the last 12 months.
The Vanguard S&P 500-CAD Hedged ETF (VSP-T) offers a hedged exposure to the U.S. equity market, appealing to investors concerned about currency fluctuations between CAD and USD. While some experts believe that owning the unhedged version (VFV) may provide better long-term returns due to current trends in the foreign exchange market, others caution against the potential risks associated with passive investing strategies in a high-valuation environment, especially given that a substantial portion of this ETF is concentrated in technology stocks. There is also a discussion around mixing both hedged and unhedged options in a portfolio to balance exposure. Overall, the decision largely hinges on individual perspectives regarding currency strength and bullishness on technology sectors over time.
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.