Q: Hi,
As VFV is based entirely on VOO, why do they have different growth? VOO is up 5% in the last 6 months, whereas VFV is flat over 6 months? I'd like to invest in VFV but not with 5% discrepancies?
As VFV is based entirely on VOO, why do they have different growth? VOO is up 5% in the last 6 months, whereas VFV is flat over 6 months? I'd like to invest in VFV but not with 5% discrepancies?
5i Research Answer:
The answer lies in currency movements, since VOO trades in US$ and VFV in C$. The Canadian dollar has been quite strong this year, and is up 5.4% vs the US dollar and this accounts for the difference.
Authors of this answer, directors, partners and/or officers of 5i Research and/or affiliated companies have a financial or other interest in VFV.