John HoodVanguard S&P 500-CAD HedgedVSP.TOTOP PICKFeb 22, 2022

VSP-T vs XSP-T vs ZSP-T. These all have exposure to the US Large Cap market, yet have different returns thus far this year. You have to be careful on these – some are currency hedged and others are not.

VSP-T vs. ZSP-T. Both are fine holdings. The BMO version contains individual holdings while these two put wrappers around the US versions. There are tax considerations in holding US investments if you hold more than $100,000. He has increased US dollar exposure recently to play the currency short term.

Vanguard S&P 500-CAD Hedged (VSP-T) or Vanguard MSCI US Broad Market (VUS-T)? The difference between these 2 is that one is hedged and the other is not, although VUS holds about 6000 stocks.

Vanguard S&P 500-CAD Hedged (VSP-T) or BMO Dow Jones Industrial Average Hedge (ZWA-T) and in the next 3-6 months? These are 2 very different things. In this one you are basically getting pure exposure to the upside to the S&P 500. The Dow has actually lagged the S&P 500. So he would want to own this one instead. Low fee and just stick with it and allow the full upside of the market to be delivered to your statement every month.

(A Top Pick Dec 31/12. Up 27.86%.)

Thinks that Vanguard has some extremely good products and he’ll be using more of them. Less fees than the equivalent iShares S&P 500 (CAD-Hedged) etf (XSP-T) but basically the same product.