Q: Looking for a Canadian ETF with a momentum bent. Do you have a favourite. Two you have mentioned in the past are WXM and FCCM. The mer for the former is quite high.
Mike
Mike
5i Research Answer:
We would side with FCCM, but only due to the comment on MER. Yes, WXM is higher, (0.67% vs 0.35%) but it has a better 5-year performance record (18.00% vs 17.52%). The MER, of course, is included in these numbers. WXM is also (a bit) larger. All in, we would see either as at the top of the group.