Q: QUU What are your thoughts of this ETF? Is there a similar ETF you prefer?
5i Research Answer:
Assets are $4.3B; fees are quite low at 0.07%. Yield 0.94%. Five year annualized 16.98%. Its performance has beaten the S&P (SPY) over five years but only by 0.90%. It is a very solid, large cap focused fund. None of its names are unusual (the typical mega caps). Tech is 46% which is higher than the S&P allocation. This adds a bit of risk, but certainly has worked so far. We would be fully comfortable owning this. SPY has a lower tech allocation but we would not be too concerned with QUU's weighting right now.
Authors of this answer, directors, partners and/or officers of 5i Research and/or affiliated companies have a financial or other interest in SPY.