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Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY $56.41)
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Vanguard Dividend Appreciation FTF (VIG $216.52)
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CI Canada Quality Dividend Growth Index ETF (DGRC $45.43)
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Vanguard FTSE Developed ex North America High Dividend Yield Index ETF (VIDY $39.26)
Q: I'm looking for an ETF that complements my VDY. In particular I'd like yield with some growth, and fairly defensive. I don't mind which is greater, yield or growth. I've spotted VIDY, and it looks good, and might complement my VDY in that it is similar but EX North America. I suppose the yield is not Div Tax Credit, so if there is a Canadian ETF that complements VDY, in the sense of holdings, I'd consider that too. But the Tax Credit is not essential, so a US complement (sold in Canada) might work also. So complementary to VDY in terms of geography or holdings would be good.
5i Research Answer:
If looking for a diversified ETF with a yield that is more of an ex-North America allocation, we think VIDY can make sense. Something with a dividend growth focus, such as VIG or DGRC might also be complementary.
Authors of this answer, directors, partners and/or officers of 5i Research and/or affiliated companies have a financial or other interest in VIG, VIDY.