Today, Mike Philbrick commented about whether HOG-T, HED-T, ZEO-T, XEG-T, QBTC.U-T, IVOL-N, ZRR-T, XCB-T, HZU-T, HUZ-T, EWJ-N, ZWB-T, ZWC-T, HHL-T, FLUS-T, EDGF-T, HUG-T, XMV-T, ZLB-T, HEP-T, TAN-N, XGD-T, XEI-T, MLPA-N are stocks to buy or sell.
Challenge with buying US ETFs that participate in MLPs is that they're not favourable to a Canadian investor. Withholding tax of 15-30%. Be very, very careful on the MLPs. If you want gas exposure, think about XEG or ZEO. Most bang for the buck would be the HED, with small cap exposure. Small caps have more operating leverage if you're confident gas prices will rise. HOG is a bit more conservative.
The large gold companies in Canada. Contrast to ZGD, which is BMO's equal weight gold global producers. Gold exposure is important to buffer inflationary shocks. Most portfolios are underexposed to asset classes that can provide returns when inflation starts.
Get similar or better returns with less risk, beta, volatility. Well constructed product. Skews more to certain sectors like utilities and financial services, so you'll see underperformance. For 5-10-15-20 years, it's a thoughtful way to get returns from the market. Try XMV, which creates a portfolio of minimum volatility. You could use these 2 ETFs together.
With ZLB, you get similar or better returns with less risk, beta, volatility. Well constructed product. Skews more to certain sectors like utilities and financial services, so you'll see underperformance. For 5-10-15-20 years, it's a thoughtful way to get returns from the market. XMV creates a portfolio of minimum volatility. You could use these 2 ETFs together.