Summer Sale

50% off Premium Yearly

00days
00hrs
00mins
00secs
Stockchase Opinions

Mike PhilbrickVanguard FTSE Cda All Cap ETFVCN.TODON'T BUYJun 01, 2020

Currently you have more dividend cuts, restrictions and pausing of dividend in the last little while than in the last 10 years, so be careful at using dividend income to assess income. He would suggest looking at a minimum volatility XMV-T. The problem with a low-vol ETFs is that it tends to load heavily on interest rate sectors of the market and has a high sector bias. He thinks this is a difficult time for banks that make up a large part of that index.

$30.72

Stock price when the opinion was issued

$70.70

As of Jun 19, 2026. Market Open.

E.T.F.'s
It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.

You might be interested:

BUY
VCN vs. VDY

VCN is an all cap with about 175 stocks. VDY focuses on dividend payers, so it has banks and oil and the like. 

The choice is do you want basic growth or do you want income? VDY for income. VCN for more growth and better diversification.

PAST TOP PICK
(A Top Pick Feb 22/22, Down 4%) He bought this and VSP a year ago, instead of doubling down on either of them in order to avoid a heavy tax hit on capital gains when either ETF moves sharply and you average up, like buying at $15/share then buying again at $25/share.
PAST TOP PICK
(A Top Pick Feb 22/22, Down 7%) Market beating returns given poor overall market returns. Would keep as has mirrored performance of S & P composite index.
TOP PICK
Similar to the XIC, which has already run up and he doesn't want to buy more at the increased price.
PAST TOP PICK
(A Top Pick Jun 10/19, Up 3%) A good, simple entry into Canada. This is cheap and tax-effective. This is all cap, so it covers all Canadian caps. He's a fan of Vanguard.
BUY
An ETF that covers the TSX Offers the full TSX (all caps) at a low cost.
TOP PICK
Very low-cost and a Canadian all-cap (large and small). Very broad exposure yet diverse.
WEAK BUY
He is underweight Canada in his portfolios. Canada suffers from a branding problem in terms of attracting foreign capital. He struggles to know what the catalyst will be to bring the capital back. He prefers overseas exposure.
PAST TOP PICK

(Past Top Pick Oct. 10, 2017, Up 1%) He likes Vanguard, but he's surprised this is up 1% given Canadian market performance this year. A year ago, it seemed like a good idea. He still holds a bit.

PAST TOP PICK

(Past Top Pick, Sept. 21, 2017, Up 10%) He wanted to get away from owning only the top 60 stocks as well as support the industrials.

PAST TOP PICK

(A Top Pick August 8/17, Up 11%) Goes further down into the small caps. Better diversification from the traditional major Canadian sectors.

PAST TOP PICK

(Past Top Pick on April 13, 2017, Up 10%) It's Vanguard so it offers a low MER (which he likes) at 6 basis points, and this one drills down into the Canadian small-caps

PAST TOP PICK

(Past Top Pick on August 8, 2017, Up 9%) Last summer he was striving for diversification outside Canada, so he bought and recommended this. It's done well, but he's not adding to it or any Canadian stocks these days.

TOP PICK

If you are going to buy a good Canadian All Cap, this is a good one.