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BMO S&P 500 Index ETF (ZSP $105.06)
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iShares U.S. Small Cap Index ETF (CAD-Hedged) (XSU $46.49)
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Invesco NASDAQ 100 Index ETF (QQC $42.45)
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Vanguard FTSE Developed All Cap ex North America Index ETF (VIU $43.22)
Q: please suggest 3-5 Canadian etfs for an 18 year old's first TFSA portfolio - something to keep him interested in the concept of growth through investing, including stability and risk. My thoughts are S&P, Nasdaq, Russell, large-cap and crypto. But please use your own judgement - thanks!
5i Research Answer:
ZSP (S&P 500) largely takes care of 'large cap' exposure as well. XSU for small cap (this is dollar hedged). QQC for Nasdaq. With the volatility of crypto we are not sure it is a good 'starting' pick. We would prefer VIU for some international flavour.
Authors of this answer, directors, partners and/or officers of 5i Research and/or affiliated companies have a financial or other interest in XSU.