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iShares Core S&P 500 Index ETF (CAD-Hedged) (XSP)
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Vanguard S&P 500 Index ETF (VFV)
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iShares Core Equity ETF Portfolio (XEQT)
Q: Hi there,
The majority of my portfolio is held in XEQT. If I wanted to increase US exposure from 45% to 60%, in your opinion would to be best to layer in a hedged or unhedged US etf, considering XEQT already holds unhedged US exposure?
Thanks!
The majority of my portfolio is held in XEQT. If I wanted to increase US exposure from 45% to 60%, in your opinion would to be best to layer in a hedged or unhedged US etf, considering XEQT already holds unhedged US exposure?
Thanks!
5i Research Answer:
Hedging should be based on personal goals, and also with an examination of one's expenses (i.e. US travellers may want less hedging). Generally, we prefer not to hedge. But as exposure rises it can become more important. At 60% US exposure, personally we would opt for a bit (maybe 10%) of currency hedging.
Authors of this answer, directors, partners and/or officers of 5i Research and/or affiliated companies have a financial or other interest in VFV.