Why I DON'T Invest in VFV // Downsides of CAD ETFs Holding US Stocks // VFV vs VOO For Canadians

Should I Choose VFV or VOO? What is the Best S&P 500 ETF for Canadians? What are the Downsides of VFV? Should I Invest in Canadian Dollars or US Dollars? How do Withholding Taxes work for Canadian Listed ETFs? Should I Buy Hedged ETFs?

These are questions I get asked ALL THE TIME so here is my answer! VFV is one of the most popular ETFs in Canada but I do NOT invest in it! Instead, I invest in VOO, the USD version of the ETF because it is cheaper, more tax efficient and more profitable in the long run! I’ll be breaking down all of the downsides and hidden costs with VFV and any Canadian ETF that holds US stocks. I’ll also cover the best way to convert currency using Norbert’s Gambit and how currency hedged ETFs work and things to look out for! Investing in the US market is important for ALL Canadians and there are a ton of great options! This video will help you decide which one to take 🇨🇦🇺🇸

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SKIP AHEAD ⏩
-Intro: 0:00
-S&P 500: 1:19
-Popularity - VFV vs VOO: 1:51
-VFV - Wrapper of VOO: 2:23
-Management Fees: 2:58
-Dividend Cut by 15%: 5:04
-Withholding Taxes on US Dividends: 5:32
-Why VFV? 8:09
-Currency Conversion: 8:41
-Norbert’s Gambit: 9:20
-Currency Hedging: 10:03
-Final Thoughts: 11:34

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#StockMarketInvesting #ETFInvesting #Vanguard #S&P500 #VFV #VOO #RRSP #StocksToBuy #CanadianFinance