Investment Q&A

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iShares Russell 2000 Growth ETF (IWO $342.37)
- $342.37 P/E (TTM): 22.36X Cap: $13.59B
- View IWO Profile
- View Questions on IWO
iShares Core S&P 500 Index ETF (XUS $58.20)
- $58.20 P/E (TTM): 25.82X Cap: $10.65B
- View XUS Profile
- View Questions on XUS
iShares S&P/TSX Canadian Dividend Aristocrats Index ETF (CDZ $42.78)
- $42.78 P/E (TTM): 15.96X Cap: $1.12B
- View CDZ Profile
- View Questions on CDZ
BMO Canadian High Dividend Covered Call ETF (ZWC $21.42)
- $21.42 P/E (TTM): 12.59X Cap: $2.06B
- View ZWC Profile
- View Questions on ZWC

Q: Sometime ago, there was a question requesting your suggestions about ETF's for a young person just starting to invest in a TFSA. Unfortunately, I couldn't find it.

Wondering about ZWC and XUS (50/50) for my 19 year old grandson's first investments in his TFSA but any other recommendations would be appreciated.
Thanks as always for your assistance. It is appreciated.

Asked by Thomas on February 10, 2026

5i Research Answer:

We think ETFs make sense when starting out. We have no issue with ZWC, but covered call funds...

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