TSE:VSP
Vanguard S&P 500-CAD Hedged (VSP.TO)
Financials 
Technical Analysis 
Jun 8, 2026, 12:00 amThis summary was created by AI, based on 2 opinions in the last 12 months.
The Vanguard S&P 500-CAD Hedged ETF (VSP-T) provides Canadian investors with exposure to the S&P 500 while mitigating currency risk through hedging. Experts suggest that in the long run, the differences between hedged and unhedged ETFs may even out due to currency fluctuations. However, they caution that significant short-term currency moves can affect returns unpredictably. Holding both hedged and unhedged versions of an ETF could be a strategy to balance exposure. With the Canadian dollar currently below 70 cents, some analysts argue that opting for a hedged ETF may be wise if the currency strengthens in the coming decade, keeping in mind the currency hedge's additional cost of around 1.75%, which is separate from the Management Expense Ratio (MER). Providers like BMO also offer comparable hedged and unhedged options, which are considered to be good alternatives.
Thinks that Vanguard has some extremely good products and he’ll be using more of them. Less fees than the equivalent iShares S&P 500 (CAD-Hedged) etf (XSP-T) but basically the same product.
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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.