There are many concerns about the US and Canadian economies, but overseas as well with trade wars and Brexit. Because of the latter, he is tilting more to Canadian assets. ETFs can offer anything you can shake a stick at it because ETFs are so volatile yet charge low fees. The hawkish signals central banks were giving us at the end of last year quickly reversed this year. Don't trust these signals; central banks can reverse direction again.

One of five ways to get pure, low-cost, passive Canadian ETFs like VCN. Canada's markets are mostly financials and energy which can be volatile. But these ETFs are perfectly fine. Charges only 6 basis points.

It was originally a Questrade ETF. It's an ETF of ETFs. It charges over a 1% MER, which is still lower than mutual funds, though high for an ETF. A passive MSCI world index will do a similar job to this (E.G. XWD), so compare them.

ZWE vs. ZWP Both are similar, the difference being the CAD currency hedge in ZWE. Also keep in mind that there's a covered call overlay on these ETFs. IF you need a lot of yield, certainly both are valid. He thinks the CAD-Euro will be neutral for a while. Perhaps buy a mix of the two.

10-year horizon If you're worried that robots will take your job, use this ETF as a hedge. In Canada, you can get the similar RBOT which may be easier for investors holding Canadian dollars. Robotics will take over the industrial landscape. This will be very volatile because speculators are watching the AI space.

It's the only covered call for international stocks, aimed for investors who want extra yield. Warning: if there's a strong upside move in markets, you won't participate fully in that move. One should always hold a few international equities. This ETF is a yield play. Look at the low-cost XEF as an alternate in international equities. He thinks foreign stocks will hit a rough patch.

(A Top Pick Nov 23/17, Down 14%) Canadian oil has been beaten up since Nov. 2017. Oil investors are frustrated. ZEO is equal-weighted, so it's biased towards mid-caps.

What percentage of the distribution would be return of capital, not profits? You can look it up on the iShares website. He hasn't looked at this ETF in a while. It's an asset-allocation portfolio ETF. It uses a lot of financials and their bond and preferred issues to build a high-yielding portfolio. It also uses 15% leverage to juice its distribution to clients. It has a mixed of assets--preferreds and bonds. Pays nearly a 7% dividend. This underperforms financial sector ETFs, either flat or lower. This should stay flat on a capital basis. Look at XFN instead. basis. IT pays a 6.% but that means little stock price movement.