$HDIV the ultimate Response 😆. Nothing solves an argument quite like "look this has done well already". Do I think HDIV is a bad product? I dont know. probably not. But it does have have traits I dislike. Activly managed? Yep to an extent (they pick sub indexes) High fees? You know it! A whole 2.5%. Diversity? At least 100..... Unverified on a few holdings..... Thats good, but not as good as a simple $VFV. The fund is a few years old. And we think we have enough data to fight about.... The truth is that funds go up and down. They dont always go up and down together. So I compared $HDIV to $XEQT. In single year returns. Im not suprised that Hdiv has done well, But it is a poor argument to say it has and always will do well..... Ive decided that I will get the market average very early on in my investing. That means looking at others having fun on rollercoaster while I relax in the lazy river. Some times others will have more fun, sometimes they wont and in 30 years I can say I got the average, what ever that aveage is.
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39 Comments
Ed @edsam · 10d
This is why I have this and other cc ETFs. Consistency.
Matt Gray@matt.41 · 10d
Both positives and negatives to actively managed. High fees only matter is the total return is underperforming. In this cross comparison that doesn’t seem to be the case overall. Diversified enough is subjective. Is it more diverse than the single stock holdings you have? “The funds not old enough for us to fight about” (turns around) “This fund that has been around for a shorter period of time is absolute garbage I don’t care how long it’s been out for”…which is it? Or is it if it’s a well performing fund it needs more time vs a poor performing fund. HDIV won’t always do well every year but I think it’s well built for the long run. Same can be said for XEQT. All personal opinions. Certainly respect your choice not to entertain a funds based on your dislike of actively managed (assuming this only applies to ETFs since single stocks are actively managed by the direction of the company given by the board) high fees or under diversification (again assuming this only applies to ETFs since you hold single stocks). I would argue that this ETF is as close to a set it CC as it gets.
