Q: Compare these two ETF and which type of account Registered vs Non Registered would be a better fit related to withholding tax and overall return
5i Research Answer:
VEQT is an all-equity ETF, with equities split across the US, Canada, developing and emerging markets. VGRO is an 80 equities / 20 bonds ETF, with its equity portion being allocated mostly to North America, with the rest in developed and emerging markets. Both have a similar performance over the years, but VEQT has seen a slightly higher overall return, given its higher equity allocation.
Given VGROs bond allocation, we would prefer VGRO in a registered account.