Investment Q&A

• Global X S&P 500 Index Corporate Class ETF (HXS $88.95)
  • $88.95 Cap: $4.28B
  • View HXS Profile
  • View Questions on HXS
• INVESCO QQQ Trust (QQQ $561.77)
  • $561.77 Fwd P/E: 59.46X Cap: $358.11B
  • View QQQ Profile
  • View Questions on QQQ
• Global X Nasdaq-100 Index Corporate Class ETF (HXQ $90.84)
  • $90.84 Fwd P/E: 27.96X Cap: $1.12B
  • View HXQ Profile
  • View Questions on HXQ

Q: HXS/HXQ These ETFs seem to be lagging their US counterparts lately, any idea why?

Upvote 2

Read Answer Asked by Mark on July 08, 2025

• BMO S&P 500 Index ETF (ZSP $94.54)
  • $94.54 Fwd P/E: 57.09X Cap: $16.61B
  • View ZSP Profile
  • View Questions on ZSP
• Global X S&P 500 Index Corporate Class ETF (HXS $88.95)
  • $88.95 Cap: $4.28B
  • View HXS Profile
  • View Questions on HXS
• Global X Nasdaq-100 Index Corporate Class ETF (HXQ $90.84)
  • $90.84 Fwd P/E: 27.96X Cap: $1.12B
  • View HXQ Profile
  • View Questions on HXQ
• iShares NASDAQ 100 Index ETF (XQQU $75.58)
  • $75.58 Fwd P/E: 54.89X Cap: $23M
  • View XQQU Profile
  • View Questions on XQQU

Q: Best non-hedged ETFs in Canadian$ for the S&P500 and NASDAQ to be held in a TFSA?
Many Thanks!

Upvote 11

Read Answer Asked by Carlos on June 26, 2025

• Global X Nasdaq-100 Index Corporate Class ETF (HXQ $90.84)
  • $90.84 Fwd P/E: 27.96X Cap: $1.12B
  • View HXQ Profile
  • View Questions on HXQ
• BMO Nasdaq 100 Equity Index ETF (ZNQ $102.46)
  • $102.46 Fwd P/E: 72.62X Cap: $1.04B
  • View ZNQ Profile
  • View Questions on ZNQ

Q: I'm looking for an unhedged Canadian etf that tracks the nasdaq 100. When comparing ZNQ to HXQ I see that ZNQ doesn't pay a dividend but rather reinvests it. Also it has cheaper fees than HXQ. But HXQ pays a small dividend. The returns over time seem marginally better for ZNQ. But when the div's are factored in, is this more of a wash or does the tax preference of no div's help more? This would be in an RESP for reference. Thx

Upvote 3

Read Answer Asked by Adam on February 18, 2025

• Global X S&P 500 Index Corporate Class ETF (HXS $88.95)
  • $88.95 Cap: $4.28B
  • View HXS Profile
  • View Questions on HXS
• Global X Nasdaq-100 Index Corporate Class ETF (HXQ $90.84)
  • $90.84 Fwd P/E: 27.96X Cap: $1.12B
  • View HXQ Profile
  • View Questions on HXQ
• Evolve FANGMA Index ETF (TECH $19.12)
  • $19.12 Fwd P/E: 91.36X Cap: $114M
  • View TECH Profile
  • View Questions on TECH
• Brookfield Corporation Class A Limited Voting Shares (BN $93.27)
  • $93.27 Fwd P/E: 234.72X Cap: $154.32B
  • View BN Profile
  • View Questions on BN
• Lumine Group Inc. (LMN $52.43)
  • $52.43 Cap: $13.39B
  • View LMN Profile
  • View Questions on LMN
  • View Reports on LMN

Q: I have some fund from RRIF that I would like put into a TFSA and was just reading the latest issue of your ETF & Mutual Fund Update report. I am thinking of the above three ETFs and one stock. What are your thoughts. As a perspective, I would include some i2i fund if it was allowed in a TFSA.

Upvote 4

Read Answer Asked by Danny-boy on January 10, 2025

• Amazon.com Inc. (AMZN $224.15)
  • $224.15 Fwd P/E: 36.46X Cap: $2.37T
  • View AMZN Profile
  • View Questions on AMZN
• NVIDIA Corporation (NVDA $173.15)
  • $173.15 Fwd P/E: 55.81X Cap: $4.22T
  • View NVDA Profile
  • View Questions on NVDA
• iShares Russell 2000 Growth ETF (IWO $295.16)
  • $295.16 Fwd P/E: 41.78X Cap: $12.03B
  • View IWO Profile
  • View Questions on IWO
• iShares Core S&P U.S. Total Market Index ETF (XUU $63.64)
  • $63.64 Fwd P/E: 51.51X Cap: $3.37B
  • View XUU Profile
  • View Questions on XUU
• Global X Nasdaq-100 Index Corporate Class ETF (HXQ $90.84)
  • $90.84 Fwd P/E: 27.96X Cap: $1.12B
  • View HXQ Profile
  • View Questions on HXQ
• Vanguard Growth ETF (VUG $448.25)
  • $448.25 Fwd P/E: 37.32X Cap: $167.01B
  • View VUG Profile
  • View Questions on VUG
• iShares Core S&P Small-Cap ETF (IJR $112.95)
  • $112.95 Fwd P/E: 35.1X Cap: $82.06B
  • View IJR Profile
  • View Questions on IJR
• Propel Holdings Inc. (PRL $36.61)
  • $36.61 Fwd P/E: 18.61X Cap: $1.42B
  • View PRL Profile
  • View Questions on PRL
  • View Reports on PRL
• Brookfield Corporation Class A Limited Voting Shares (BN $93.27)
  • $93.27 Fwd P/E: 234.72X Cap: $154.32B
  • View BN Profile
  • View Questions on BN
• Invesco NASDAQ 100 ETF (QQQM $231.22)
  • $231.22 Fwd P/E: 67.04X Cap: $54.59B
  • View QQQM Profile
  • View Questions on QQQM

Q: I provided some funds to my two grandsons approximately 6 months ago. One grandson invested his funds in the stocks and ETFs noted above. He is very pleased to see an increase in market value for all his investments. I will be providing my grandsons with additional funds to add to their existing investments. Please rank the existing investments shown above for long term growth. I will submit a second question for my other grandson. Best wishes for the Holiday Season.

Upvote 10

Read Answer Asked by Don on December 16, 2024

• BMO S&P 500 Index ETF (ZSP $94.54)
  • $94.54 Fwd P/E: 57.09X Cap: $16.61B
  • View ZSP Profile
  • View Questions on ZSP
• iShares Core S&P/TSX Capped Composite Index ETF (XIC $43.70)
  • $43.70 Fwd P/E: 5.58X Cap: $14.24B
  • View XIC Profile
  • View Questions on XIC
• Global X Nasdaq-100 Index Corporate Class ETF (HXQ $90.84)
  • $90.84 Fwd P/E: 27.96X Cap: $1.12B
  • View HXQ Profile
  • View Questions on HXQ
• RBC Life Science and Technology Fund Series F (RBF619 $76.19)
  • $76.19 Fwd P/E: 23.7X
  • View RBF619 Profile
  • View Questions on RBF619
• Brookfield Corporation Class A Limited Voting Shares (BN $93.27)
  • $93.27 Fwd P/E: 234.72X Cap: $154.32B
  • View BN Profile
  • View Questions on BN

Q: How do you fell about HXQ in a 15+ year RESP?
I have held RBF619 (Science and Technology for 15 years and it has done wonders but it has the fees. Any other ETF's ? ZSP? XIC? OR would you be comfortable with just BN?

Upvote 4

Read Answer Asked by Paul on December 03, 2024

• Global X S&P 500 Index Corporate Class ETF (HXS $88.95)
  • $88.95 Cap: $4.28B
  • View HXS Profile
  • View Questions on HXS
• Global X Nasdaq-100 Index Corporate Class ETF (HXQ $90.84)
  • $90.84 Fwd P/E: 27.96X Cap: $1.12B
  • View HXQ Profile
  • View Questions on HXQ
• Global X Intl Developed Markets Equity Index Corporate Class ETF (HXDM $53.41)
  • $53.41 Cap: $687M
  • View HXDM Profile
  • View Questions on HXDM

Q: The tax gross-up effect of my Canadian dividend paying stocks is creating an OAS clawback concern in my non-registered account. Looking for tax-efficient US and International ETF’s. I don’t want ex-Canada ones because I want to have the flexibility to adjust weightings between these two.

Would HXS be a good option for US? The MER isn’t the best but maybe okay. I don’t know for the International. Thoughts?

Upvote 5

Read Answer Asked by James on July 25, 2024

• BMO S&P 500 Index ETF (ZSP $94.54)
  • $94.54 Fwd P/E: 57.09X Cap: $16.61B
  • View ZSP Profile
  • View Questions on ZSP
• Vanguard Dividend Appreciation FTF (VIG $206.72)
  • $206.72 Fwd P/E: 23.33X Cap: $89.57B
  • View VIG Profile
  • View Questions on VIG
• Global X Nasdaq-100 Index Corporate Class ETF (HXQ $90.84)
  • $90.84 Fwd P/E: 27.96X Cap: $1.12B
  • View HXQ Profile
  • View Questions on HXQ
• BMO Nasdaq 100 Equity Index ETF (ZNQ $102.46)
  • $102.46 Fwd P/E: 72.62X Cap: $1.04B
  • View ZNQ Profile
  • View Questions on ZNQ

Q: What are your top 3 ETFs for buy and long term hold (10+ year) today?

Upvote 10

Read Answer Asked by Kyle on July 15, 2024

• iShares Core S&P 500 Index ETF (CAD-Hedged) (XSP $64.85)
  • $64.85 Fwd P/E: 24.25X Cap: $11.91B
  • View XSP Profile
  • View Questions on XSP
• iShares NASDAQ 100 Index ETF (CAD-Hedged) (XQQ $57.41)
  • $57.41 Fwd P/E: 28.76X Cap: $1.12B
  • View XQQ Profile
  • View Questions on XQQ
• Global X Nasdaq-100 Index Corporate Class ETF (HXQ $90.84)
  • $90.84 Fwd P/E: 27.96X Cap: $1.12B
  • View HXQ Profile
  • View Questions on HXQ

Q: Which would be your preferred US index ETFs for a TFSA?
Thank you

Upvote 5

Read Answer Asked by Nancy on June 26, 2024

• BMO S&P 500 Index ETF (ZSP $94.54)
  • $94.54 Fwd P/E: 57.09X Cap: $16.61B
  • View ZSP Profile
  • View Questions on ZSP
• iShares Core S&P/TSX Capped Composite Index ETF (XIC $43.70)
  • $43.70 Fwd P/E: 5.58X Cap: $14.24B
  • View XIC Profile
  • View Questions on XIC
• iShares S&P/TSX Canadian Dividend Aristocrats Index ETF (CDZ $38.07)
  • $38.07 Fwd P/E: 5.74X Cap: $1.05B
  • View CDZ Profile
  • View Questions on CDZ
• Vanguard Dividend Appreciation FTF (VIG $206.72)
  • $206.72 Fwd P/E: 23.33X Cap: $89.57B
  • View VIG Profile
  • View Questions on VIG
• Global X Nasdaq-100 Index Corporate Class ETF (HXQ $90.84)
  • $90.84 Fwd P/E: 27.96X Cap: $1.12B
  • View HXQ Profile
  • View Questions on HXQ
• Scotia Canadian Income Fund Advisor Series (BNS777 $13.34)
  • View BNS777 Profile
  • View Questions on BNS777
• Dynamic Global Dividend Fund Series A (DYN031 $26.63)
  • $26.63 Fwd P/E: 22.3X
  • View DYN031 Profile
  • View Questions on DYN031
• Dynamic Blue Chip Balanced Fund Series A (DYN1202 $18.25)
  • $18.25 Fwd P/E: 19.2X
  • View DYN1202 Profile
  • View Questions on DYN1202
• BMO Nasdaq 100 Equity Index ETF (ZNQ $102.46)
  • $102.46 Fwd P/E: 72.62X Cap: $1.04B
  • View ZNQ Profile
  • View Questions on ZNQ

Q: My niece is looking to enter the DIY investing world and move her TFSA over to an online self-directed account. Her advisor has her in these high fee accounts above. These look like funds for a retired person looking for income rather than for a 29 year looking to grow a TFSA with the goal to hopefully get a down payment for a condo some day. Could you please give some advice for a beginner investor, ETF's some Canadian and US equities to get her started. She's a bit nervous as all ne DIY investors are. Thank you

Upvote 11

Read Answer Asked by Nancy on June 25, 2024

• BMO S&P 500 Index ETF (ZSP $94.54)
  • $94.54 Fwd P/E: 57.09X Cap: $16.61B
  • View ZSP Profile
  • View Questions on ZSP
• Global X S&P 500 Index Corporate Class ETF (HXS $88.95)
  • $88.95 Cap: $4.28B
  • View HXS Profile
  • View Questions on HXS
• Vanguard Dividend Appreciation FTF (VIG $206.72)
  • $206.72 Fwd P/E: 23.33X Cap: $89.57B
  • View VIG Profile
  • View Questions on VIG
• SPDR S&P 500 ETF Trust (SPY $628.51)
  • $628.51 Fwd P/E: 24.47X Cap: $643.76B
  • View SPY Profile
  • View Questions on SPY
• INVESCO QQQ Trust (QQQ $561.77)
  • $561.77 Fwd P/E: 59.46X Cap: $358.11B
  • View QQQ Profile
  • View Questions on QQQ
• Global X Nasdaq-100 Index Corporate Class ETF (HXQ $90.84)
  • $90.84 Fwd P/E: 27.96X Cap: $1.12B
  • View HXQ Profile
  • View Questions on HXQ
• BMO Nasdaq 100 Equity Index ETF (ZNQ $102.46)
  • $102.46 Fwd P/E: 72.62X Cap: $1.04B
  • View ZNQ Profile
  • View Questions on ZNQ

Q: If using your balanced portfolio as my canadian content for an equity portfolio could you please recommend some equity etfs for ex canadian content and what % would be canadian of the total portfolio? I was thinking 40% and 60% outside canada

Thx

Upvote 7

Read Answer Asked by blake on June 06, 2024

• Bank of Nova Scotia (The) (BNS $75.55)
  • $75.55 Fwd P/E: 15.8X Cap: $94.23B
  • View BNS Profile
  • View Questions on BNS
  • View Reports on BNS
• Enbridge Inc. (ENB $61.87)
  • $61.87 Fwd P/E: 22.89X Cap: $134.24B
  • View ENB Profile
  • View Questions on ENB
  • View Reports on ENB
• Constellation Software Inc. (CSU $5,005.29)
  • $5,005.29 Fwd P/E: 103.94X Cap: $106.80B
  • View CSU Profile
  • View Questions on CSU
  • View Reports on CSU
• Dollarama Inc. (DOL $188.31)
  • $188.31 Fwd P/E: 43.33X Cap: $52.55B
  • View DOL Profile
  • View Questions on DOL
• Intact Financial Corporation (IFC $301.44)
  • $301.44 Fwd P/E: 24.52X Cap: $53.40B
  • View IFC Profile
  • View Questions on IFC
• WSP Global Inc. (WSP $285.91)
  • $285.91 Fwd P/E: 51.88X Cap: $37.27B
  • View WSP Profile
  • View Questions on WSP
  • View Reports on WSP
• Thomson Reuters Corporation (TRI $288.99)
  • $288.99 Fwd P/E: 44.14X Cap: $129.58B
  • View TRI Profile
  • View Questions on TRI
• Alimentation Couche-Tard Inc. (ATD $74.95)
  • $74.95 Fwd P/E: 18.34X Cap: $70.15B
  • View ATD Profile
  • View Questions on ATD
• BMO S&P 500 Index ETF (ZSP $94.54)
  • $94.54 Fwd P/E: 57.09X Cap: $16.61B
  • View ZSP Profile
  • View Questions on ZSP
• iShares Core S&P/TSX Capped Composite Index ETF (XIC $43.70)
  • $43.70 Fwd P/E: 5.58X Cap: $14.24B
  • View XIC Profile
  • View Questions on XIC
• SPDR S&P 500 ETF Trust (SPY $628.51)
  • $628.51 Fwd P/E: 24.47X Cap: $643.76B
  • View SPY Profile
  • View Questions on SPY
• INVESCO QQQ Trust (QQQ $561.77)
  • $561.77 Fwd P/E: 59.46X Cap: $358.11B
  • View QQQ Profile
  • View Questions on QQQ
• Global X Nasdaq-100 Index Corporate Class ETF (HXQ $90.84)
  • $90.84 Fwd P/E: 27.96X Cap: $1.12B
  • View HXQ Profile
  • View Questions on HXQ
• Brookfield Corporation Class A Limited Voting Shares (BN $93.27)
  • $93.27 Fwd P/E: 234.72X Cap: $154.32B
  • View BN Profile
  • View Questions on BN

Q: a sunlife life insurance policy was purchased for grandchildren as an investment for them on the advice of a financial planner- I am embarrassed to say so far $9000 in annual premiums has been paid, with 11 more remaining before the policy is paid in full. If I cancel this policy it will be a loss. However; the dollars which would have gone to sunlife could be used for a better investment. Your suggestions would be welcomed. Thank you- (P.S.- I submitted this ? a moment ago-but my screen went black so I don't no if the ? was sent the first time)

Upvote 18

Read Answer Asked by jane on May 29, 2024

• Global X Nasdaq-100 Index Corporate Class ETF (HXQ $90.84)
  • $90.84 Fwd P/E: 27.96X Cap: $1.12B
  • View HXQ Profile
  • View Questions on HXQ

Q: Good Morning,

Would HXQ be your pick today for a NASDAQ etf, non-reg account ? Thanks again

Upvote 4

Read Answer Asked by Darby on April 12, 2024

• iShares NASDAQ 100 Index ETF (CAD-Hedged) (XQQ $57.41)
  • $57.41 Fwd P/E: 28.76X Cap: $1.12B
  • View XQQ Profile
  • View Questions on XQQ
• INVESCO QQQ Trust (QQQ $561.77)
  • $561.77 Fwd P/E: 59.46X Cap: $358.11B
  • View QQQ Profile
  • View Questions on QQQ
• Global X Nasdaq-100 Index Corporate Class ETF (HXQ $90.84)
  • $90.84 Fwd P/E: 27.96X Cap: $1.12B
  • View HXQ Profile
  • View Questions on HXQ

Q: What are some of your favourite ETFs that give exposure to the NASDAQ?
Thank you

Upvote 2

Read Answer Asked by Leonardo on April 02, 2024

• iShares NASDAQ 100 Index ETF (CAD-Hedged) (XQQ $57.41)
  • $57.41 Fwd P/E: 28.76X Cap: $1.12B
  • View XQQ Profile
  • View Questions on XQQ
• Global X Nasdaq-100 Index Corporate Class ETF (HXQ $90.84)
  • $90.84 Fwd P/E: 27.96X Cap: $1.12B
  • View HXQ Profile
  • View Questions on HXQ

Q: Could you please recommend two Canadian listed ETFs that track the Nasdaq 100 and do NOT pay a dividend. One should be hedged to the CAD, the other not. Thank you very much.

Upvote 3

Read Answer Asked by Toge on February 21, 2024

• Global X S&P 500 Index Corporate Class ETF (HXS $88.95)
  • $88.95 Cap: $4.28B
  • View HXS Profile
  • View Questions on HXS
• Vanguard S&P 500 Index ETF (VFV $153.29)
  • $153.29 Fwd P/E: 24.94X Cap: $16.54B
  • View VFV Profile
  • View Questions on VFV
• Global X Nasdaq-100 Index Corporate Class ETF (HXQ $90.84)
  • $90.84 Fwd P/E: 27.96X Cap: $1.12B
  • View HXQ Profile
  • View Questions on HXQ

Q: You recently recommended US/CA equities at 65%/35%. With US ETFs and CDRs I am only at 20% US. I am considering significantly increasing my holdings of HXS, VFV, and HXQ to make up the shortfall of 45% US. Do you see any downside to this approach?

Upvote 2

Read Answer Asked by Dennis on February 13, 2024

• BMO S&P 500 Index ETF (ZSP $94.54)
  • $94.54 Fwd P/E: 57.09X Cap: $16.61B
  • View ZSP Profile
  • View Questions on ZSP
• Global X S&P 500 Index Corporate Class ETF (HXS $88.95)
  • $88.95 Cap: $4.28B
  • View HXS Profile
  • View Questions on HXS
• iShares NASDAQ 100 Index ETF (CAD-Hedged) (XQQ $57.41)
  • $57.41 Fwd P/E: 28.76X Cap: $1.12B
  • View XQQ Profile
  • View Questions on XQQ
• SPDR S&P 500 ETF Trust (SPY $628.51)
  • $628.51 Fwd P/E: 24.47X Cap: $643.76B
  • View SPY Profile
  • View Questions on SPY
• Global X Nasdaq-100 Index Corporate Class ETF (HXQ $90.84)
  • $90.84 Fwd P/E: 27.96X Cap: $1.12B
  • View HXQ Profile
  • View Questions on HXQ
• BMO Nasdaq 100 Equity Index ETF (ZNQ $102.46)
  • $102.46 Fwd P/E: 72.62X Cap: $1.04B
  • View ZNQ Profile
  • View Questions on ZNQ

Q: There are a number of Canadian based NASDAQ100 and S&P500 ETF's. Which NASDAQ100 and S&P500 ETF would you prefer, or would be "best", for a TFSA account, and why? Would investing within an RRSP or in a non-registered account alter your selections and if so, why would that be? Thanks.

Upvote 12

Read Answer Asked by Bruce on February 09, 2024

• BMO S&P 500 Index ETF (ZSP $94.54)
  • $94.54 Fwd P/E: 57.09X Cap: $16.61B
  • View ZSP Profile
  • View Questions on ZSP
• Global X S&P 500 Index Corporate Class ETF (HXS $88.95)
  • $88.95 Cap: $4.28B
  • View HXS Profile
  • View Questions on HXS
• Global X Nasdaq-100 Index Corporate Class ETF (HXQ $90.84)
  • $90.84 Fwd P/E: 27.96X Cap: $1.12B
  • View HXQ Profile
  • View Questions on HXQ

Q: Regarding your very quick response to my question yesterday where you stated "Capital gains are treated the same as Canadian gains, but must be converted to C$ for tax purposes." ZSP is a Canadian listed equity in Canadian dollars so I assume that I will not need to make any conversion when taking a capital gain? If I alternatively buy HXS (or HXQ) will capital gains be treated as Canadian only?
Thank you.

Upvote 0

Read Answer Asked by Dennis on October 17, 2023

• BMO S&P 500 Index ETF (ZSP $94.54)
  • $94.54 Fwd P/E: 57.09X Cap: $16.61B
  • View ZSP Profile
  • View Questions on ZSP
• Global X S&P 500 Index Corporate Class ETF (HXS $88.95)
  • $88.95 Cap: $4.28B
  • View HXS Profile
  • View Questions on HXS
• Global X Nasdaq-100 Index Corporate Class ETF (HXQ $90.84)
  • $90.84 Fwd P/E: 27.96X Cap: $1.12B
  • View HXQ Profile
  • View Questions on HXQ
• BMO Nasdaq 100 Equity Index ETF (ZNQ $102.46)
  • $102.46 Fwd P/E: 72.62X Cap: $1.04B
  • View ZNQ Profile
  • View Questions on ZNQ

Q: For tax efficiency in a non registered account do you recommend HXS and HXQ over ZSP and ZNQ. For US dollars do you like HXS.U and HXQ.U.
For a long term hold what are your thought of HXT in this account?
Thanks

Upvote 2

Read Answer Asked by Anna on September 13, 2023

• BMO Nasdaq 100 Equity Hedged To CAD Index ETF (ZQQ $159.25)
  • $159.25 Fwd P/E: 72.82X Cap: $2.38B
  • View ZQQ Profile
  • View Questions on ZQQ
• INVESCO QQQ Trust (QQQ $561.77)
  • $561.77 Fwd P/E: 59.46X Cap: $358.11B
  • View QQQ Profile
  • View Questions on QQQ
• Global X Nasdaq-100 Index Corporate Class ETF (HXQ $90.84)
  • $90.84 Fwd P/E: 27.96X Cap: $1.12B
  • View HXQ Profile
  • View Questions on HXQ

Q: Have a small position in ZQQ and an almost full in HXQ. For an RRSP which would be your choice of those 2? or another?

Upvote 0

Read Answer Asked by Carlos on August 21, 2023