New comments cannot be posted and votes cannot be cast, More posts from the PersonalFinanceCanada community, Continue browsing in r/PersonalFinanceCanada, Looks like you're using new Reddit on an old browser. I was wondering the main reasonings behind this. Give Up to Get on Bernstein, Alan B.; Streep, Peg. Vanguard S&P 500 Index ETF - VFV ETF Overview. Andrew Goldman has been writing for over 20 years and investing for the past 10 years. VSP, 1D Education. Historical performance for Vanguard S&P 500 Index ETF (VFV.TO) with historical highs & lows, new high & low prices, past performance, latest news. XSP inception year was 2001, whereas XUS has only been around since 2013. Without a hedge your return is the sum of the portfolio's return PLUS the % change in FX rates in the year. .INX vs. VSP around 10% difference over 5 years. March 3, 2020, 11:56 AM. VFV will go lower than VSP when CA$ gets weaker than US$. They are known for having some of the highest fees in the world, at an average Management Expense Ratio (MER) of over 2% per year. VSP-T vs XSP-T vs ZSP-T. 95% chance of large market bearish correction, at fib .618 and MA200 confluence. I asked VSP if I die, does my beneficiary has to continue to pay until the open enrollment period and VSP … Additionally, the weights in both of these ETFs are based on market capitalization. So you are getting the same 10 companies at the top of the list. Expect deep correction, possible new low if equal measured move. To answer your question, VFV will go higher than VSP when CA$ gets stronger than US$. Vanguard Announces Cash Distributions for the Vanguard ETFs (VFV, VSP, VGG and VGH) PR Newswire. Current and Historical Performance Performance for VANGUARD SP 500 INDEX ETF on Yahoo Finance. € 11.99. The same courtesy does not apply to VFV in registered accounts, though. View Questions on VSP Add to favourite Q: If you believe the Cdn$ (currently $.70)will strengthen against the US$ in the future ($.75) and you want to invest in a Cdn$ denominated S&P ETF would you use VSP (hedged) or VFV (unhedged) Thanks Mike A slim majority opted to retain the non-hedged Vanguard S&P500 ETF (VFV) and its the sister ETF, the currency-hedged VSP. These all have exposure to the US Large Cap market, yet have different returns thus far this year. Scroll down to "As it turns out..." to skip over the basics. I am looking at the S&P 500 index, and was wondering if anyone could find any offerings in Canada that is cheaper (lower cost) than these 2 offered by Vanguard Canada? The VFV fund has been the better … Performance charts for Vanguard S&P 500 Index ETF CAD-hedged (VSP - Type ETF) including intraday, historical and comparison charts, technical analysis and trend lines. BIC Classification: VFV; VSP. Looking ahead, he expects other country indexes to outpace the S&P 500, including the TSX. VFV has assets of 1.5 B and VSP of 600 mill. Find the latest VANGUARD SP 500 INDEX ETF CAD H (VSP.TO) stock quote, history, news and other vital information to help you with your stock trading and investing. Think of it this way: a bet on VFV is a bet that the S&P 500 will go up and that the US dollar won’t weaken, whereas a bet on VSP is just a bet that the S&P 500 will go up. Performance charts for Vanguard S&P 500 Index ETF (VFV - Type ETF) including intraday, historical and comparison charts, technical analysis and trend lines. In non-registered accounts, VOO and VFV … When looking at these TSE traded S&P ETF trackers, I noticed that they seem to lag behind behind .INX. XIU or XIC? However, new investors often get confused or even … The S&P 500 Index is a market capitalization-weighted index of securities of 500 of the largest U.S. public issuers provided by S&P Dow Jones Indices LLC. The S&P 500 is the benchmark index by which many investors compare their returns. VFV … They're all basically the same thing: the S&P 500, the number one index in the world, holding every famous American stock you can think of. 06/22 18:32. .INX vs. SPY less than 1% difference over 5 years. CAD gets weaker relative to USD & the S&P goes up. Vanguard S&P 500 Index ETF (TSX:VFV) The VFV is an excellent choice if you want to mimic the performance of the S&P 500 while purchasing it in Canadian funds. 09/22 18:38. The iShares S&P 500 Index ETF (CAD-Hedged) seeks to provide long-term capital growth by replicating, to the extent possible, the performance of the S&P 500 Hedged to Canadian Dollars Index, net of … Looking at these two together in Capital IQ here, it's very clear that the VSP fund has underperformed the VFV over the course of the past ten years. This is the non-currency hedged version of VSP. VSP, 1D Education. To answer your question, VFV will go higher than VSP when CA$ gets stronger than US$. Seeks long-term capital growth by replicating the performance of the S&P Total Market Index, net of expenses. Would there be any advantages to trading in USD using stocks like SPY? I steered them away from the currency hedged products (e.g., VSP) – but not for the reason you suggested. It compares fees, performance, dividend yield, holdings, technical indicators, and many other metrics that help make better ETF investing decisions. Find the latest VANGUARD SP 500 INDEX ETF (VFV.TO) stock quote, history, news and other vital information to help you with your stock trading and investing. Both etf's have the same MER. From my research I understand that VSP is CAD-Hedged, meaning that it will be affected by the CAD-USD exchange rate. Go with the equal-weighted S&P 500, rather than the hedged or unhedged ETF. The MER between these 3 ETFs are all the same at 0.09%. Because of the slightly lower fees, I generally recommend that young people who are saving for the long (30+ years) term investm monthly in VFV. Jul 22nd, 2017 8:25 pm #2; Thanh Deal Addict Oct 15, 2001 1647 posts 450 upvotes GMA . BE WELL. Mutual funds in Canada have gotten a bad reputation in recent years. Vanguard Announces Cash Distributions for the Vanguard ETFs (VFV, VSP, … Interested in investing in S&P 500 ETFs but not sure where to start? I can't believe that VSP has a policy that can't be canceled when one's life has changed. Investors holding XSP long-term will have large capital gains so if held in a non-registered account would be subject to cap gains tax if sold, making many holders reluctant to sell. Vanguard Canada Announces Risk Rating and Product Changes to ETF Lineup. VFV vs VSP VSP is the Canadian dollar hedged version of the VFV. The VSP agents told me that Cal PERS is the agency to speak with and Cal PERS tells me that it's VSP. It might just be that XSP is a much more established fund. When we're talking about these two funds, the VSP versus the VFV, these are funds that seek to track the S&P 500 Index, very similar to … CAD gets weaker relative to USD & the S&P stays the same. Personally, this is my favorite ELI5 infograph on currency hedging. Compression Triangle Forming, + Reduced Volume. March 3, 2020, 11:56 AM. In scenarios 2 and 3, VFV would outperform VSP. Find the latest VANGUARD SP 500 INDEX ETF (VFV.TO) stock quote, history, news and other vital information to help you with your stock trading and investing. Get (TSX | VSP Vanguard S&P 500 Index ETF (CAD-hedged)) latest stock price, analyst ratings, fundamental analysis, ratios, market performance, news, target price and financial report From these it seems like VSP tracks the index more accurately when compares to VFV while SPY is almost 100% accurate. Some examples are XSP from iShares and VSP … VOO vs. VTI comparisons: including fees, performance, dividend yield, holdings and technical indicators to make a better investment decision. Learn about VSP (XTSE) with our data and independent analysis including price, star rating, asset allocation, capital gains, and dividends. In scenario 1, VSP would outperform VFV. 09/22 18:38. Press question mark to learn the rest of the keyboard shortcuts. You have to be careful on these – some are currency hedged and others are not. Hedging (VSP) "tries" to remove the variation in currency exchange rate 's impact on your portfolio, in exchange for an additional small fee embedded in the performance of VSP. 95% chance of large market bearish correction, at fib .618 and MA200 confluence. From these it seems like VSP tracks the index more accurately when compares to VFV … Or other similar ETFs? These all have exposure to the US Large Cap market, yet have different returns thus far this year. The S&P 500, which it tracks, effectively diversifies risk and has proved tough to beat. 26% OFF. VFV will go lower than VSP when CA$ gets weaker than US$. … By using our Services, you agree to our use of cookies.Learn More. So you are betting on both the stocks and the currency. The ETF is also quite … But you should still have some exposure to the S&P 500. Weight: 262. Vanguard S&P 500-CAD Hedged (VSP … View Questions on VSP Add to favourite Q: If you believe the Cdn$ (currently $.70)will strengthen against the US$ in the future ($.75) and you want to invest in a Cdn$ denominated S&P ETF would you use VSP (hedged) or VFV … Cookies help us deliver our Services. ; To find out whether your employer participates in Eyeconic, log into vsp.com to check your vision benefits under the Benefits with VSP … Detailed price information for Vanguard S&P 500 Index ETF (VFV-T) from The Globe and Mail including charting and trades. Morningstar Financial Research conducts Analysis on Markets, Mutual Fund, Stocks and ETFs through Investment Data and News. VSP Members get an extra $20 to spend on select frame brands, and save up to 40% on non-covered lens enhancements when seeing a VSP network doctor. Vanguard Mutual Funds. Expect deep correction, possible … VFV and VSP. First of all, it’s important to note that the top 10 holdings for XIU and XIC are identical. VSP-T vs XSP-T vs ZSP-T. ™ VSP is people-centered, health-focused, and forward thinking in our approach to vision care. Check out the side-by-side comparison table of VOO vs. VTI. Share: 4 replies. The iShares S&P 500 Index ETF seeks to provide long-term capital growth by replicating, to the extent possible, the performance of the S&P 500 Index, net of expenses. I agree, but maybe think about the conversation in terms of whether to buy hedged vs non-hedged versions of Vanguard ETFs. Want to learn about the best strategies to invest in US ETFs? Team: Orchestra vs. Investors holding XSP long-term will have large … Consider a hypothetical scenario in which the S&P 500 Index gains 10% over a one-year period. Ok, that really helps. As you can see, VSP (the hedged ETF) tracks very closely to the actual S&P500, but VFV has outperformed in the past 4 years because it benefitted from the Canadian dollar's drop against the USD which started around 2015. I still don't know what to do, but I'm better informed. VSP would also return 10%, minus expenses, regardless of any changes in the foreign exchange rate. The management expense ratio for the BMO S&P 500 ETF (ZSP) and the Vanguard S&P 500 ETF (VFV) is in the range of 0.17 per cent. Vanguard says that VSP is CAD-hedged, performance is close but not identical, and both list 1 holding, Vanguard S&P 500 ETF. What is Eyeconic. We’re constantly looking for new ways to provide benefits your employees will love. It's just a more diversified holding. Vanguard Announces Cash Distributions for the Vanguard ETFs (VFV, VSP, VGG and VGH) TORONTO , June 22, 2020 /CNW/ - Vanguard Investments Canada Inc. today announced the final June 2020 … Want to learn about the best strategies to invest in US ETFs? Detailed price information for Vanguard S&P 500 Index ETF (VFV-T) from The Globe and Mail including charting and trades. VFV would likely UNDERPERFORM if the Canadian dollar strengthens against the USD. Paperback. Vanguard S&P 500 Index ETF VFV is one of the best large-cap U.S. stock funds available. Thanks. It’s structured in such a way that the U.S. withholding tax eats 15 cents of every $1 paid in dividends, and there’s no way for investors to recover that money. .INX vs. VFV around 15% difference over 5 years. SEE WELL. Show full opinion Hide full opinion. It might just be that XSP is a much more established fund. .INX vs. VFV around 15% difference over 5 years..INX vs. VSP around 10% difference over 5 years..INX vs. SPY less than 1% difference over 5 years. He currently writes about personal finance and investing for Wealthsimple. Superior Personalized Service As the only … For risk adverse investors, VSP … This exposure is also available hedged to the Canadian dollar in XUH. Performance charts for Vanguard S&P 500 Index ETF (VFV - Type ETF) including intraday, historical and comparison charts, technical analysis and trend lines. The site may not work properly if you don't, If you do not update your browser, we suggest you visit, Press J to jump to the feed. Vanguard Announces Cash Distributions for the Vanguard ETFs (VFV, VSP, VGG and VGH) PR Newswire. :), https://www.vanguardcanada.ca/advisors/articles/research-commentary/etf-information/vfv-and-vsp-invest-us-stocks.htm. Format Paperback Publication date 2011 Publisher Hodder & Stoughton Number of pages 384 Condition New SKU V9780340979907 ISBN 9780340979907. Book details. Unlike VSP, this fund does not employ USD/CAD currency hedging. Andrew's past work has been published in The New York Times Magazine, Bloomberg … Detailed price information for Vanguard Balanced ETF Portfolio (VBAL-T) from The Globe and Mail including charting and trades. When investing internationally, investors should consider whether to hedge currency exposure. If you want your investment to be hedged against the CAD/USD exchange rates, VSP might be a good choice for you. Comparing ISHARES to BMO SP, BMO SP, VANGUARD, ISHARES, ISHARES, BMO LOW can help with the analysis of diversification possibilities from combining these positions into the same portfolio. Through hedging, VSP seeks to eliminate the effects of changes in the foreign exchange rate, while the unhedged VFV allows for positive or negative returns from fluctuations in the value of the Canadian dollar. One-Man Band. Thus, if VFV has an MER of 0.08% and XUS has an MER of 0.10%, I’d naturally choose VFV. Or other similar ETFs? 4. I also have one more question which I couldn't quite find a reliable answer to. On January 12th, 2016 the management fee of the fund was reduced from 0.10% to … I have been buying VFV, but is there a reason I should choose VSP instead? Vanguard Announces Cash Distributions for the Vanguard ETFs (VFV and VSP) Read full article. Many index investors use the S&P 500 (or the total stock market index) as the backbone of their portfolio.Warren Buffett has repeatedly said that ordinary investors should invest in an S&P 500 index fund for the stock portion of their portfolios.. The VFV is an excellent choice if you want to mimic the performance of the S&P 500 while purchasing it in Canadian funds. Vanguard Announces Cash Distributions for the Vanguard ETFs (VFV and VSP) Read full article. Correct me if my understanding is wrong but: VSP: 0.08: 0.08: 507: Provides currency-hedged exposure to the S&P_500 at no extra cost: BMO S&P500 Index ETF (CAD) ZSP: 0.08: 0.09: 505: Alternative to VFV; tied on fee; fund size is … If you don't think you are able to predict the movment of the strength of CA$ vs US$ between now and when you wish to withdraw it, than go for the cheaper one of the two, which is usually unhedged. Vanguard S&P 500 Index ETF VFV is one of the best large-cap U.S. stock funds available. I am looking at the S&P 500 index, and was wondering if anyone could find any offerings in Canada that is cheaper (lower cost) than these 2 offered by Vanguard Canada? As you can see, VSP (the hedged ETF) tracks very closely to the actual S&P500, but VFV has outperformed in the past 4 years because it benefitted from the Canadian dollar's drop against the USD which started around 2015. 4XRandalll. As a VSP member, you can use your benefits towards eyewear and contacts on Eyeconic.com. I don't know either product but they have versions for almost everything...except apparently no USD versions of their Canadian domiciled ETFs. 09/22 18:38. Vanguard Announces Cash Distributions for the Vanguard ETFs (VFV, VSP, VGG and VGH) PR Newswire. You have to be careful on these – some are currency hedged and others are not. VFV (S&P500) non-hedged and VSP hedged. 4XRandalll. Compression Triangle Forming, + Reduced Volume. Dimension: 130 x 199 x 26. Interested in investing in S&P 500 ETFs but not sure where to start? There are currency hedged versions of U.S. index ETFs that try to counter or smooth out currency fluctuations. Show full opinion Hide full opinion. VFV’s returns w… Below are some of my thoughts on the XIU vs XIC issue. The S&P 500, which it tracks, effectively diversifies risk and has proved tough to beat. The panel was almost split on reinstating VUN (The Vanguard … Vanguard Announces Cash Distributions for the Vanguard ETFs (VFV, VSP, … Here are a couple scenarios I would like to clear my understanding on. Mining is a complex and technical industry that relies on many skilled professionals with clear leadership, not just one person doing all the work. When currency hedged your returns will be the returns of the base portfolio - equal to the return earned by an American measured in USdollars. CAD gets stronger relative to USD & the S&P stays the same. VFV: 0.08: 507: Provides unhedged exposure to the S&P500 at a very low cost: Vanguard S&P 500 Index ETF (CAD-hedged) VSP: 0.08: 507: Provides currency-hedged … Morningstar Financial Research conducts Analysis on Markets, Mutual Fund, Stocks and ETFs through Investment Data and News. Hedging (VSP) "tries" to remove the … € 10.45. Vanguard Announces Cash Distributions for the Vanguard ETFs (VFV, VSP, VGG and VGH) PR Newswire. VFV and VSP. They're all basically the same thing: the S&P 500, the number one index in the world, holding every famous American stock you can think of. From the Canadian perspective, XUS and VFV returns are also affected by fluctuations in the Canadian dollar relative to USD. Looking ahead, he expects other … XSP inception year was 2001, whereas XUS has only been around since 2013. , he expects other country indexes to outpace the S & P stays the same 10 companies at the of! Accounts, though which it tracks, effectively diversifies risk and has proved to! 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You are betting on both the stocks and the currency hedged and others are not Current and Historical Performance...