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Vanguard U.S. Dividend Appreciation Index ETF (VGG $97.80)
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Vanguard U.S. Total Market Index ETF (VUN $117.37)
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iShares MSCI USA Quality Factor Index ETF (XQLT $41.88)
Q: Hello,
From what i gather, VUN has similar performance to SPY except that it is in cdn dollars. Since SPY has greater exposure to tech companies, i was wondering if it is best to diversify slightly by putting one third in VUN (total us market), XQLT (ishares msci usa quality ) and VGG (US dividend appreciation ) or do you think it is best to just have one VUN , or VGG or XQLT. I am looking for an etf that is not too heavily weighted on technology. Much appreciated.
From what i gather, VUN has similar performance to SPY except that it is in cdn dollars. Since SPY has greater exposure to tech companies, i was wondering if it is best to diversify slightly by putting one third in VUN (total us market), XQLT (ishares msci usa quality ) and VGG (US dividend appreciation ) or do you think it is best to just have one VUN , or VGG or XQLT. I am looking for an etf that is not too heavily weighted on technology. Much appreciated.
5i Research Answer:
VUN is similar, but vs SPY they do follow different indices (US total market vs S&P 500 only). If an investor wants to reduce tech, we think the 1/3 plan in the ETFs noted would work well.
Authors of this answer, directors, partners and/or officers of 5i Research and/or affiliated companies have a financial or other interest in VGG.