Investment Q&A

• BMO S&P 500 Index ETF (ZSP $96.73)
  • $96.73 P/E (TTM): 25.8X Cap: $20.06B
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• iShares S&P/TSX SmallCap Index ETF (XCS $33.01)
  • $33.01 P/E (TTM): 15.16X Cap: $236M
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• Vanguard Total Stock Market ETF (VTI $311.68)
  • $311.68 P/E (TTM): 25.59X Cap: $583.63B
  • View VTI Profile
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• Invesco S&P 500 Equal Weight Index ETF (EQL $39.70)
  • $39.70 P/E (TTM): 19.95X Cap: $1.56B
  • View EQL Profile
  • View Questions on EQL
• BMO Nasdaq 100 Equity Index ETF (ZNQ $103.31)
  • $103.31 P/E (TTM): 32.57X Cap: $1.63B
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• Schwab U.S. Broad Market ETF (SCHB $24.39)
  • $24.39 P/E (TTM): 23.43X Cap: $35.86B
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• Invesco S&P MidCap Quality ETF (XMHQ $100.56)
  • $100.56 P/E (TTM): 20.31X Cap: $4.89B
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Q: I am looking to add exposure to the US market in my TFSA. I currently own ZSP and ZNQ and would like to add an ETF listed on the Cdn exchange that would balance my exposure to the Mag 7. I have seen you recommend EQL which I am considering however is there another ETF that would broaden my exposure beyond the S&P 500. Perhaps to include some mid and small cap stocks?
Also would you expect that mid and small caps will outperform given where we are in the market cycle?

Upvote 3

Read Answer Asked by Bruce on January 16, 2024

• Invesco S&P 500 Equal Weight Index ETF (EQL $39.70)
  • $39.70 P/E (TTM): 19.95X Cap: $1.56B
  • View EQL Profile
  • View Questions on EQL

Q: I have enough exposure to the magnificent 7 and feel they might tread water this year . Please recommend an equal weight etf on the S&P. Canadian $ or hedged preferred.

Upvote 2

Read Answer Asked by edward on January 12, 2024

• Invesco S&P 500 Equal Weight ETF (RSP $188.07)
  • $188.07 P/E (TTM): 19.95X Cap: $82.75B
  • View RSP Profile
  • View Questions on RSP
• Invesco S&P 500 Equal Weight Index ETF (EQL $39.70)
  • $39.70 P/E (TTM): 19.95X Cap: $1.56B
  • View EQL Profile
  • View Questions on EQL
• Invesco NASDAQ 100 Equal Weight Index ETF (QQEQ $28.92)
  • $28.92 P/E (TTM): 27.65X Cap: $13M
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Q: Hello, Would you please provide your comments on EQL as a safety play (reduce MAG7 weight) to VFV? I hold a very oversized position between VFV & VOO and am looking for your recommendation for an equal weight in CA$. Could you also provide a US$ version that you would recommend?
Thank you.

Upvote 6

Read Answer Asked by Randy on January 09, 2024

• Invesco S&P 500 Equal Weight ETF (RSP $188.07)
  • $188.07 P/E (TTM): 19.95X Cap: $82.75B
  • View RSP Profile
  • View Questions on RSP
• Invesco S&P 500 Equal Weight Index ETF (EQL $39.70)
  • $39.70 P/E (TTM): 19.95X Cap: $1.56B
  • View EQL Profile
  • View Questions on EQL

Q: I am considering making an investment in this ETF. I understand that it basically follows the returns of the S & P 500 and is equally weighted. Any information you may have on this ETF would be appreciated. Do you consider it a good investment. I look forward to your timely comments. Thank You.

Upvote 4

Read Answer Asked by Brian on January 08, 2024

• Invesco S&P 500 Equal Weight ETF (RSP $188.07)
  • $188.07 P/E (TTM): 19.95X Cap: $82.75B
  • View RSP Profile
  • View Questions on RSP
• Invesco S&P 500 Equal Weight Index ETF (EQL $39.70)
  • $39.70 P/E (TTM): 19.95X Cap: $1.56B
  • View EQL Profile
  • View Questions on EQL

Q: Could you please recommend a couple of equal weight S&P 500 ETF's with low MER's, thank you. Please note if there is any hidden fees outside the MER.

Upvote 4

Read Answer Asked by Cheryl on January 05, 2024

• Invesco S&P 500 Equal Weight Index ETF (EQL $39.70)
  • $39.70 P/E (TTM): 19.95X Cap: $1.56B
  • View EQL Profile
  • View Questions on EQL

Q: I am considering investing in the S & P . I am interested in an ETF that covers the S & P 500 equal weight. Can you give me a couple of ETF`s that fit this description and your thoughts on this idea. I prefer to invest in Canadian dollars. Thank You.

Upvote 2

Read Answer Asked by Brian on January 05, 2024

• Invesco S&P 500 Equal Weight Index ETF (EQL $39.70)
  • $39.70 P/E (TTM): 19.95X Cap: $1.56B
  • View EQL Profile
  • View Questions on EQL

Q: Hello
Could you list a few Canadian ETFs which have broad US market holdings, but do not have high concentrations of the magnificent seven, and which have a high or decent growth potential.
Thanks
Jeff

Upvote 3

Read Answer Asked by JEFF on January 03, 2024

• Vanguard S&P 500 Index ETF (VFV $156.67)
  • $156.67 P/E (TTM): 26.01X Cap: $26.88B
  • View VFV Profile
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• Invesco S&P 500 Equal Weight Index ETF (EQL $39.70)
  • $39.70 P/E (TTM): 19.95X Cap: $1.56B
  • View EQL Profile
  • View Questions on EQL
• Invesco S&P 500 Equal Weight Index ETF (EQL.F $32.34)
  • $32.34 P/E (TTM): 19.95X Cap: $1.05B
  • View EQL.F Profile
  • View Questions on EQL.F

Q: Looking to add S&P 500 exposure in my portfolio through one of 3 ETF's;
VFV or EQL hedged or not hedged. Normally would prefer unhedged but with our low dollar may be some merit in selecting a hedged version of EQL.

What would you recommend and could you please provide some rationale for your recommendation. Thanks.

Upvote 1

Read Answer Asked by John on December 11, 2023

• Invesco S&P 500 Equal Weight Index ETF (EQL $39.70)
  • $39.70 P/E (TTM): 19.95X Cap: $1.56B
  • View EQL Profile
  • View Questions on EQL

Q: Can I have your thoughts on EQL for a momentum play on the S&P (3 to 5 years)? Thanks

Upvote 6

Read Answer Asked by Roger on November 20, 2023

• Invesco S&P 500 Equal Weight ETF (RSP $188.07)
  • $188.07 P/E (TTM): 19.95X Cap: $82.75B
  • View RSP Profile
  • View Questions on RSP
• Invesco S&P 500 Equal Weight Index ETF (EQL $39.70)
  • $39.70 P/E (TTM): 19.95X Cap: $1.56B
  • View EQL Profile
  • View Questions on EQL

Q: Peter,

A while ago I asked about a non market weighted ETF that follows the S&P 500. You mentioned RSP. Is there one that follows the S&P 500 , but in Canadian dollars?

Thank you

Paul

Upvote 0

Read Answer Asked by paul on January 23, 2023

• Invesco S&P 500 Equal Weight Index ETF (EQL $39.70)
  • $39.70 P/E (TTM): 19.95X Cap: $1.56B
  • View EQL Profile
  • View Questions on EQL
• Global X S&P 500 Covered Call ETF (XYLD $38.36)
  • $38.36 P/E (TTM): 26.0X Cap: $2.96B
  • View XYLD Profile
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Q: Hi

I refer to the question from Ian concerning XYLD.

In our RRSP accounts EQL represents 17% of our holdings.

As retirement is fast approaching I am thinking of splitting our EQL holdings with XYLD, for the dividend.

Would this make sense?

Thank you for your time

Mike

Upvote 0

Read Answer Asked by Mike on August 30, 2022

• BMO International Dividend ETF (ZDI $29.69)
  • $29.69 P/E (TTM): 18.13X Cap: $793M
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• iShares MSCI Europe IMI Index ETF (CAD-Hedged) (XEH $36.75)
  • $36.75 P/E (TTM): 27.64X Cap: $262M
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• Invesco S&P 500 Equal Weight Index ETF (EQL $39.70)
  • $39.70 P/E (TTM): 19.95X Cap: $1.56B
  • View EQL Profile
  • View Questions on EQL
• iShares U.S. Technology ETF (IYW $173.53)
  • $173.53 P/E (TTM): 35.65X Cap: $17.04B
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• Roundhill Ball Metaverse ETF (METV $15.25)
  • $15.25 P/E (TTM): 39.13X Cap: $207M
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• PROSHARES TRUST (EQRR $68.49)
  • $68.49 P/E (TTM): 16.94X Cap: $11M
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Q: Hi

Hoping to reduce the number of etfs in our RRSP accounts.

Is there a need to have both EQL and EQRR?
Is there a need to have both IYW and METV?
Is there a need to have ZDI and XEH?

Thank you and any other suggestions are most well.

Thank you

Mike

Upvote 0

Read Answer Asked by Mike on August 22, 2022

• Invesco S&P 500 Equal Weight ETF (RSP $188.07)
  • $188.07 P/E (TTM): 19.95X Cap: $82.75B
  • View RSP Profile
  • View Questions on RSP
• Invesco S&P 500 Equal Weight Index ETF (EQL $39.70)
  • $39.70 P/E (TTM): 19.95X Cap: $1.56B
  • View EQL Profile
  • View Questions on EQL

Q: Will these 2 ETFs have the same performance? Or will one direction better?

Upvote 0

Read Answer Asked by Mark on January 07, 2022

• Invesco S&P 500 Equal Weight Index ETF (EQL $39.70)
  • $39.70 P/E (TTM): 19.95X Cap: $1.56B
  • View EQL Profile
  • View Questions on EQL

Q: Looking for a Canadian version of the RSP, equal weight weight S&P

Upvote 0

Read Answer Asked by Mark on January 06, 2022

• Invesco S&P 500 Equal Weight Index ETF (EQL $39.70)
  • $39.70 P/E (TTM): 19.95X Cap: $1.56B
  • View EQL Profile
  • View Questions on EQL

Q: Is there a Canadian listed etf that invests in U.S. equities but does not have heavy weighting towards the tech stocks like facebook, Microsoft,etc? Any recommendations?

Upvote 0

Read Answer Asked by Kim on July 07, 2021

• Vanguard S&P 500 Index ETF (VFV $156.67)
  • $156.67 P/E (TTM): 26.01X Cap: $26.88B
  • View VFV Profile
  • View Questions on VFV
• Invesco S&P 500 Equal Weight Index ETF (EQL $39.70)
  • $39.70 P/E (TTM): 19.95X Cap: $1.56B
  • View EQL Profile
  • View Questions on EQL
• Invesco S&P 500 Equal Weight Index ETF (EQL.F $32.34)
  • $32.34 P/E (TTM): 19.95X Cap: $1.05B
  • View EQL.F Profile
  • View Questions on EQL.F

Q: For a 10+ year passive hold of approximately 25% weighting of total equities investment (mix of registered and non-registered accounts), do you see an advantage of holding EQL vs a straight S&P 500 index like VFV including taking into account the fees differences. And for non-registered accounts- CAD hedged or non-hedged?
EQL feels a little better to me even with the fee but maybe I'm overthinking this one. Thank you.

Upvote 0

Read Answer Asked by Jordan on May 20, 2021

• Brookfield Renewable Partners L.P. (BEP.UN $44.13)
  • $44.13 Cap: $30.01B
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• BMO Equal Weight US Banks Index ETF (ZBK $40.01)
  • $40.01 P/E (TTM): 12.47X Cap: $646M
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• BMO Equal Weight US Health Care Hedged to CAD Index ETF (ZUH $64.50)
  • $64.50 P/E (TTM): 22.27X Cap: $162M
  • View ZUH Profile
  • View Questions on ZUH
• Invesco S&P 500 Equal Weight ETF (RSP $188.07)
  • $188.07 P/E (TTM): 19.95X Cap: $82.75B
  • View RSP Profile
  • View Questions on RSP
• Invesco S&P 500 Equal Weight Index ETF (EQL $39.70)
  • $39.70 P/E (TTM): 19.95X Cap: $1.56B
  • View EQL Profile
  • View Questions on EQL
• BMO Equal Weight US Health Care Index ETF (ZHU $41.89)
  • $41.89 P/E (TTM): 22.26X Cap: $9M
  • View ZHU Profile
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• First Trust Nasdaq-100 Select Equal Weight ETF (QQEW $123.05)
  • $123.05 P/E (TTM): 35.52X Cap: $1.53B
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Q: Can you suggest an US Equal Weight trading on TSX or on US Exchange? BEP.UN or BEPC for non-registered account? Thank you

Upvote 0

Read Answer Asked by Shiraz on April 26, 2021

• Vanguard Dividend Appreciation FTF (VIG $210.70)
  • $210.70 P/E (TTM): 24.38X Cap: $104.96B
  • View VIG Profile
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• First Trust ISE Cloud Computing Index Fund (SKYY $105.19)
  • $105.19 P/E (TTM): 36.72X Cap: $2.26B
  • View SKYY Profile
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• Evolve Cyber Security Index Fund (CYBR $44.95)
  • $44.95 P/E (TTM): 34.73X Cap: $123M
  • View CYBR Profile
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• Invesco S&P 500 Equal Weight Index ETF (EQL $39.70)
  • $39.70 P/E (TTM): 19.95X Cap: $1.56B
  • View EQL Profile
  • View Questions on EQL
• Lightspeed Commerce Inc. Subordinate Voting Shares (LSPD $11.87)
  • $11.87 Cap: $1.62B
  • View LSPD Profile
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Q: Hello
Thinking of retiring and drawing the dividends from our RRSP to replace income from employment until age 71.
Would it make sense to sell the first 4 mentioned and buy only EQL.
This move would give us $5,000. more yearly income from dividends (before taxes).
I mentioned selling VIG because of the currency variability and EQL pays a higher dividend..
We would still maintain growth ETFs like IWO, ICLN, KWEB, PSCH etc.
Thank you for your time.
Mike

Upvote 0

Read Answer Asked by Mike on March 09, 2021

• Invesco S&P 500 Equal Weight Index ETF (EQL $39.70)
  • $39.70 P/E (TTM): 19.95X Cap: $1.56B
  • View EQL Profile
  • View Questions on EQL
• Invesco S&P 500 Equal Weight Index ETF (EQL.F $32.34)
  • $32.34 P/E (TTM): 19.95X Cap: $1.05B
  • View EQL.F Profile
  • View Questions on EQL.F

Q: I am looking for an equal weight, cad hedged Etf’s focused on any or all of the following:
- nasdaq 100
- s&p 500
- technology / IT

I hoping something exists. I’m worried about Over concentration in fang stocks but still love the sector they are in. I also think the USD dominance is coming to an end. Thanks

Upvote 0

Read Answer Asked by Scott on July 27, 2020

• Invesco S&P 500 Equal Weight Index ETF (EQL $39.70)
  • $39.70 P/E (TTM): 19.95X Cap: $1.56B
  • View EQL Profile
  • View Questions on EQL

Q: Are they etfs on the Tsx that give an equal weight to stocks in the Dow or the S and P 500 and do such products reduce the single stock risk in a market cap weighted etf? Thank you, Bill

Upvote 0

Read Answer Asked by Bill on April 29, 2020