ETF or Individual Banks?
The question is whether you want to take the time to pick which banks are winners and which are losers. If you aren’t sure which bank to pick, then an ETF may be the way to go. Globe Investor describes how bank ETFs have performed in comparison to individual banks. On the other hand, the Globe and Mail has a great article on some questions you should ask yourself before choosing between individual or bank ETFs.
Jason Del Vicario on Bank ETF vs Individual Stocks:
If you have the time to do the research- look at ROE, dividend growth history and growth rate. And if not then buy Canadian banks ETF.