Holding the S&P500 index has been a very lucrative position the past couple decades. The top US based companies have been dominate overall on the world stage, and the S&P500 formula has outpaced small cap ETFs, bonds, and many other investments to date. For ease of investing, Canadians may be looking at S&P500 ETFs in CAD to hold in their TFSAs and FHSAs, but which ETF has performed best? Let's look at four of the largest S&P500 ETFs in CAD: $VFV, $ZSP, $HXT, $XUS $VFV Vanguard's CAD ETF tracking the S&P500. One of the most popular ETF choices that closely produces results similar to $VOO. $ZSP BMO's ETF tracking the S&P500. Good for Canadians wanting to support a Canadian with the MER fees, but overall similar results to $VOO as well. $HXS Global X's S&P500 ETF using total return swaps to track the index. Tax advantageous in non-registered accounts as there are no distributions, it's all reinvested. $XUS Blackrock's S&P500 ETF tracking the index with a low MER. Very similar to $VFV. Whats the difference?... not much. Each ETF tracks the S&P500 with low MER and have produced consistent and similar results over the short and long term. $VFV has the slightest, almost indiscernible, better performance. Honestly, pick based on your taxable situation (what account to hold it in) and which company you'd prefer to support with your fees! Each will garner you the same results overall and track the S&P500 exceptionally well. My take is hold $VFV in TFSA and FHSA accounts, $HXS in a non-registered account, and $VOO in a RRSP account.
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S&P500 Canadian ETFs Comparison | ETFs | Blossom Social
