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  5. VOO: I understand that the VOO is likely to be extremely tax efficient. [Vanguard S&P 500 ETF]
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Q: I understand that the VOO is likely to be extremely tax efficient.
If I only had a USD NonReg account would you expect VFV and VSP to be just as tax efficient as VOO?
Asked by Ian on May 06, 2026
5i Research Answer:

No; VOO is a US listed ETF holding US stocks directly. The other two are Canadian ETFs owning US ETFs. This makes the latter two slightly less efficient from a withholding tax point of view. 

Authors of this answer, directors, partners and/or officers of 5i Research and/or affiliated companies have a financial or other interest in VFV.

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