What is the best Canadian S&P 500 ETF? (2024)

What is the best Canadian S&P 500 ETF?

The S&P/TSX Composite Index is a benchmark equity index that tracks around 250 of Canada's largest public companies. It is viewed as a barometer of the Canadian economy and is analogous to the S&P 500 Index in the United States.

What is the best S&P 500 ETF Canada?

What is the Best S&P 500 ETF in Canada?
  • VFV.TO: Vanguard S&P 500 Index ETF.
  • ZSP.TO: BMO S&P 500 Index ETF (USD)
  • XUS.TO: iShares Core S&P 500 Index ETF.
  • HXS.TO: Horizons S&P 500 Index ETF.
  • ESG.TO: Invesco S&P 500 ESG Index ETF.
  • ISTE.TO: Invesco S&P 500 ESG Tilt Index ETF.
  • VSP.TO: Vanguard S&P 500 Index ETF (CAD-hedged)
Dec 20, 2023

What is Canada's version of S&P 500?

The S&P/TSX Composite Index is a benchmark equity index that tracks around 250 of Canada's largest public companies. It is viewed as a barometer of the Canadian economy and is analogous to the S&P 500 Index in the United States.

What is the best way for Canadians to invest in the sp500?

2 ways to invest in the S&P 500
  • Buy an index fund that tracks the S&P 500. The easiest way to invest in the S&P 500 is to invest in either an exchange-traded fund (ETF) or mutual fund that tracks the S&P 500. ...
  • Buy S&P 500 stocks individually.
Jan 12, 2024

What is the Canadian equivalent of VOO?

Confused between VFV and VOO? Here's a clear breakdown of their differences. VFV is the Canadian equivalent of the popular Vanguard S&P 500 ETF (VOO), offered by Vanguard U.S., with both VFV and VOO tracking the S&P 500.

Which Canadian ETF has the highest return?

What are some of the best ETFs to buy in Canada today?
ETFPrice1 Yr Return
Vanguard S&P 500 Index ETF (TSX:VFV)119.3221%
iShares Core S&P 500 ETF (TSE:XSP)52.3419%
Vanguard All Cap Ex North America ETF (TSX:VIU)32.156%
BMO Aggregate Bond Index ETF (TSX:ZAG)13.5-1%
5 more rows
Feb 1, 2024

Is there a S&P 500 Index Fund in Canada?

While the S&P 500 is a popular index, you actually can't invest in it in Canada. However, you are able to invest in the stocks that make up the S&P 500 index. You can also invest in Canadian indexes that follow the S&P 500's performance.

What is the difference between S&P 500 and TSX?

While you might assume the S&P/TSX Composite would be similar to the S&P 500, they have notable differences because the composition of the two countries' economies is different, with the U.S. more tech heavy, and Canada's historically dominated by financial, natural resources and materials companies.

What is Vanguard S&P 500 ETF Canada?

The Vanguard S&P 500 ETF (VOO) is a fund that invests in the stocks of some of the largest companies in the United States. VOO is an exchange-traded fund (ETF) that tracks the S&P 500 index by owning all of the equities within the S&P 500.

Does TD have an S&P 500 Index Fund?

Following today's trading, TD S&P 500 Index ETF has a market capitalization of $1.88 billion on a float of 50,692 shares outstanding.

Is VFV and VOO the same?

VOO is a US domiciled ETF, meaning it resides in the United States. For this reason, the fund trades in USD. VFV, on the other hand, is Canadian domiciled, meaning that it trades in CAD and despite owning all US holdings, is a Canadian ETF.

Is VFV a good stock to buy?

VFV's 50-day moving average is 112.61, which suggests VFV is a Buy. What is VFV's 200-day moving average? VFV's 200-day moving average is 105.70, which suggests VFV is a Buy.

What is the difference between VFV and VSP?

What's the difference between VFV and VSP? The answer is simple. VFV and VSP are both low-cost Canadian Vanguard ETFs that track the S&P 500, but the difference between the two is that VSP is hedged to the Canadian Dollar.

How do I buy Canadian ETFs in the US?

You can easily buy and sell Canadian-listed ETFs using an online brokerage. We recommend Questrade because it's Canada's low-cost leader. A Wealthsimple Trade account is also a good option because you can buy and sell stocks and ETFs on any North American exchange – free of charge.

Which is better VFV or VUN?

VUN has a management expense ratio (MER) of 0.16%, which, while higher than VFV's 0.09%, is still fairly low in the grand scheme of investment fees. This slightly higher fee is the trade-off for the broader market exposure that VUN offers.

Which is better S&P 500 or VOO?

Both VOO and SPY are index funds based on the S&P 500. Stock holdings and sector allocations are nearly identical. Performance is also nearly identical, but the VOO has slightly outperformed the SPY over the long term. Both funds are easily available at popular investment brokers and through robo-advisors.

What is the most popular Canadian ETF?

The Most Popular ETF in Canada is Rated Gold

The Vanguard S&P 500 ETF VFV tracks the S&P 500, which offers a representative portfolio of the U.S. large-cap market. S&P's eligibility criteria require that index constituents be profitable and highly liquid.

What is the most popular ETF in Canada?

9 Best ETFs in Canada (February 2024)
  • iShares Core MSCI All Country World ex Canada Index ETF (XAW)
  • BMO Aggregate Bond Index ETF (ZAG)
  • iShares Canadian Select Dividend Index ETF (XDV)
  • Horizons S&P/TSX 60 Index ETF (HXT)
  • Vanguard FTSE Canadian Capped REIT Index ETF (VRE)
  • BMO Equal Weight Utilities Index ETF (ZUT)

Which Canadian ETF pays the highest dividend?

5 Best Dividend ETFs in Canada (2024)
TickerCompanyDividend Yield
XEIBlackrock5.28%
CDZBlackrock3.97%
HALHorizons3.61%
VIGVanguard1.83%
1 more row

What is the Vanguard equivalent in Canada?

VFV is the second most popular Canadian S&P 500 ETF with AUM of $6.74 billion. Unlike ZSP, VFV uses a “fund of funds” structure by holding another US listed S&P 500 ETF for its exposure. VFV also comes in a currency hedged version, the Vanguard S&P 500 Index ETF (CAD-hedged) (TSX:VSP).

How do I choose an index fund in Canada?

The best index funds in Canada will have low MERs and no trading commissions. They track viable markets, and typically have a long track record of positive returns. Much like choosing individual stocks, you can better diversify your portfolio by buying shares in multiple index funds.

Which index fund is best in Canada?

5 Best Index Funds for Canadians (February 2024)
  1. iShares Core S&P/TSX Capped Composite Index (TSX:XIC)
  2. iShares S&P/TSX 6 Index (TSX:XIU)
  3. BMO S&P 500 Index CAD (TSX:ZSP)
  4. iShares S&P/TSX Capped Energy Index(TSX:XEG)
  5. iShares S&P/TSX Canadian Dividend Aristocrats Index (TSX:CDZ) Ticker. Company. Description. Net Assets.

What is the average return on the S&P TSX?

Between 1957 and 2021, the index averaged an annualized rate of return of roughly 11.88%. If you look at the TSX Composite Index 1, over the 50 year period from November 30, 1971 to November 20, 2021, the average annualized return was 7.94%.

Does the S&P TSX include dividends?

They do not account for dividends. Total return indices reinvest dividends back into the index on the ex-date of each dividend paying constituent. Total return indices therefore represent changes in market capitalization plus reinvested dividends.

What is the difference between S&P TSX 60 and S&P 500?

The S&P/TSX 60

Its top holdings consist of blue-chip stocks such as Royal Bank of Canada, Shopify, Enbridge, and Canadian National Railway. Compared to the S&P 500, the S&P/TSX 60 is more heavily weighted towards the financial and energy sectors.

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