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iShares Core MSCI All Country World ex Canada Index ETF (XAW)
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Vanguard FTSE Global All Cap ex Canada Index ETF (VXC)
Q: Is there any daylight between XAW and VXC? Any difference in hedging? I see the fees are similar and XAW has slightly higher distributions.
5i Research Answer:
Both ETFs are 'world ex-Canada' and both are funds of funds. Fees are quite close and as noted XAW has a modestly higher yield. Neither ETFs utilize currency hedging from what we see. Both ETFs are quite similar. We might give XAW the slight nod here with the higher yield.