Stock price when the opinion was issued
VSP is a hedged version for the S&P index, for those wanting exposure to the S&P but using Canadian dollars. XSP is fairly similar. MER costs are quite low for both. He prefers the market-weighted over the equal-weighted right now. Large and mega-caps will continue to perform well.
His mid-term target for the S&P 500 is 5500, then maybe a pullback in September-October, and then go on to hit 6000 in the first quarter of 2025. Good opportunities in it, even though the market's performed well.
He likes to keep it simple. XSP or VSP are his choices. Both similar, market-weighted, hedged to CAD, track fairly closely to the underlying index. Though there are offerings from other companies, these 2 have the lowest fees.