Are you a fan of dividend ETFs? If so, which ones do you own? Also, make sure to comment below on the funds you want me to look over and you'll be entered to win a subscription next week!
I've been invested in VDY since 2022. My focus in my TFSA is growth dividend and VDY fits that target . Its a stable, long term good paying dividend and while the growth side isn't as explosive as individual equities or the S&P index that does not make it a bad investment. I understand Dan's thoughts that there is a saturation within the Canadian banks and energy. But he understands what the TSX is made of primarily. There are no Tech stocks, possibly because they don't pay high enough dividends to be considered. I agree that more industrials or rail roads could be included. REITS don't pay dividends either. Its a distribution so that may be why there are no REITS . Overall my TFSA is achieving solid total returns and I am dripping into my allocations increasing my dividends. I utilize my RRSP and taxable account for US and global investments. Comparing VDY to SCHD isn't a good comparison in my opinion as they are vastly different markets. I hold SCHD in my RRSP for tax reasons.
Great video Dan, in this space I own XEI for a few reasons. 25% of VDY is Royal and TD banks. I own these banks directly including ENB, CNQ along with other top holdings of VDY that make up 70% of the etf. XEI holds more stocks than VDY and any single holding has no more than 5% weight, unlike VDY.
When I first started investing I almost bought a bank ETF and VDY but then looked at the appreciation of them compared to what growing businesses (like RY ) were doing at the time and decided buying individual stocks outright was probably going to be more lucrative. When I look at VDY now, I feel like it is able to give a higher distribution payout than other ETFs by having higher dividend paying flatliners in it, that I would rather not own. My ETF purchases are bonds and international stuff. I own one CDN ETF (besides my bond one) that contains fast growing companies that would have me overextended in Canadian markets if I bought them all outright: NSCE. It is a newer ETF but it's done quite well since so far.
If you've been wanting to invest in a fund like VDY, and with interest rates expected to start decreasing soon, then now might be a good time to start/add to a position?
Hi Dan, thanks for the review, personally for Canadian exposure in my portfolio I hold 5% PDC (equivalent of VDY), 5% XST, 5% XIT and see what happens.
Hey quick question that I cannot find answer to, what would be the main difference between ZNQ and ZNQ.U In Canadian, live in Edmonton, which one would be the right choice?
Another great vid, thanks for the content. If you already hold the ETF. Not necessarily this one, but either SCHD, VTI or even VOO. Would you also hold an individual stock that's in the ETF? Hope i asked that right. Thanks
@@kazmaNjr We provide a lot of insights and guidance inside our Premium platform. However, anyone who is outright reviewing portfolios and making suggestions to random people on the internet is actually doing a disservice to the person. They have zero idea about their personal situation, financial situation, risk tolerance, investment goals etc.
@@StocktradesLtd yah I can see where you are coming from on that point, for me personally I think I’m making smart choices but because there is so much info out there I wonder if I’m caught in the paralysis by analysis as I try to learn and get more info.
Nice to see you on youtube again. You're really good at putting things into perspective. Living off my small investments, I'm at a point that I need income more than growth. While my RSP is filled with a blend of US dividend stocks/ETFs and TFSA with US growth, I struggle to find good Canadian ETFs that pay nice eligible dividends for the non registered. I pretty much end up with individual Canadian stocks plus few covered calls as there aren't that many interesting companies up here anyway. Regardless, I find that having a Canadian exposure is important, VDY isn't the best way to get it for me. Would like to hear your thoughts on ZLB .
I had VDY and sold it. The 4% dividend yield is not high yield for me. I’m looking for income replacement. Buy BMAX, HDIF, HDIV, EIT.UN etc. So many options.
Great video as always. Why invest in Canada? When the Canadian market is only about 3% of the global market, poorly diversified (mainly in three sectors), with a proven track record of under-performing the US market. Great ETF if you want your investments to drag.
Canadians would do better to just invest in the s&p 500….just stop being nuts about Canada …it doesn’t help us. Canada is not a great place to make money anymore …if it ever was
But if you put US dividend payers in your TFSA, you lose the withholding tax (15%), so that's why some of us have Cdn dividend ETFs like VDY and XEI in TFSA.
Are you a fan of dividend ETFs? If so, which ones do you own? Also, make sure to comment below on the funds you want me to look over and you'll be entered to win a subscription next week!
I've been invested in VDY since 2022. My focus in my TFSA is growth dividend and VDY fits that target . Its a stable, long term good paying dividend and while the growth side isn't as explosive as individual equities or the S&P index that does not make it a bad investment. I understand Dan's thoughts that there is a saturation within the Canadian banks and energy. But he understands what the TSX is made of primarily. There are no Tech stocks, possibly because they don't pay high enough dividends to be considered. I agree that more industrials or rail roads could be included. REITS don't pay dividends either. Its a distribution so that may be why there are no REITS . Overall my TFSA is achieving solid total returns and I am dripping into my allocations increasing my dividends. I utilize my RRSP and taxable account for US and global investments. Comparing VDY to SCHD isn't a good comparison in my opinion as they are vastly different markets. I hold SCHD in my RRSP for tax reasons.
Solid comment! Thank you.
@@StocktradesLtd Thanks. I enjoy your opinions and thoughts and newsletters. Keep up the good work!
Great video Dan, in this space I own XEI for a few reasons.
25% of VDY is Royal and TD banks. I own these banks directly including ENB, CNQ along with other top holdings of VDY that make up 70% of the etf.
XEI holds more stocks than VDY and any single holding has no more than 5% weight, unlike VDY.
Thanks for sharing!
When I first started investing I almost bought a bank ETF and VDY but then looked at the appreciation of them compared to what growing businesses (like RY ) were doing at the time and decided buying individual stocks outright was probably going to be more lucrative. When I look at VDY now, I feel like it is able to give a higher distribution payout than other ETFs by having higher dividend paying flatliners in it, that I would rather not own. My ETF purchases are bonds and international stuff. I own one CDN ETF (besides my bond one) that contains fast growing companies that would have me overextended in Canadian markets if I bought them all outright: NSCE. It is a newer ETF but it's done quite well since so far.
Nice I'll check it out
If you've been wanting to invest in a fund like VDY, and with interest rates expected to start decreasing soon, then now might be a good time to start/add to a position?
Considered VDY but went with XEI instead.
Nice!
Hi Dan, thanks for the review, personally for Canadian exposure in my portfolio I hold 5% PDC (equivalent of VDY), 5% XST, 5% XIT and see what happens.
Interesting. Never heard of PDC
@@StocktradesLtd I use PDC because it’s commission free at Qtrade I am with.
@@StocktradesLtd I hold PDC because it is commission free at Qtrade I am with.
Hey quick question that I cannot find answer to, what would be the main difference between ZNQ and ZNQ.U
In Canadian, live in Edmonton, which one would be the right choice?
USD versus CAD!
Great video. Looking for a solid ETF. Like your analysis
👍👍
Perhaps you could cover SCHD and the benefit/downside of owning a US fund in Canada
I did cover schd! A few videos back
Thanks, I’ll have a look for it😮
They did a shuffle and may be worth revisiting soon .
Can we do a video on XEI
👍
Another great vid, thanks for the content. If you already hold the ETF. Not necessarily this one, but either SCHD, VTI or even VOO. Would you also hold an individual stock that's in the ETF? Hope i asked that right. Thanks
Really depends on the weighting inside of that ETF.
Great review!
Could you do a review of the ETF ESGE?
I'll have a look!
With VDY being just under 8% of my portfolio would you consider that to be a small part or should it go lower
Depends on the person really. Sorry!
@@StocktradesLtd wait I thought you had all the answers! Shoot. Have you thought of ever reviewing regular people’s portfolio’s?
@@kazmaNjr We provide a lot of insights and guidance inside our Premium platform. However, anyone who is outright reviewing portfolios and making suggestions to random people on the internet is actually doing a disservice to the person. They have zero idea about their personal situation, financial situation, risk tolerance, investment goals etc.
@@StocktradesLtd yah I can see where you are coming from on that point, for me personally I think I’m making smart choices but because there is so much info out there I wonder if I’m caught in the paralysis by analysis as I try to learn and get more info.
Nice to see you on youtube again. You're really good at putting things into perspective. Living off my small investments, I'm at a point that I need income more than growth. While my RSP is filled with a blend of US dividend stocks/ETFs and TFSA with US growth, I struggle to find good Canadian ETFs that pay nice eligible dividends for the non registered. I pretty much end up with individual Canadian stocks plus few covered calls as there aren't that many interesting companies up here anyway. Regardless, I find that having a Canadian exposure is important, VDY isn't the best way to get it for me. Would like to hear your thoughts on ZLB .
Hey man, can you do one on the covered call ETF:zwc? Solid content bro, much love from Ontario!
Good idea actually. Didn't think of covered call ETFs
I had VDY and sold it. The 4% dividend yield is not high yield for me. I’m looking for income replacement. Buy BMAX, HDIF, HDIV, EIT.UN etc. So many options.
Great video
Thank you;
I replaced it with zlb
Thanks for the video; i just realized i have too much of VDY- time to shave a bit. 👍
No worries!
Please review HEQL
Also killer thumbnails
Pretty cool eh!
Great video as always. Why invest in Canada? When the Canadian market is only about 3% of the global market, poorly diversified (mainly in three sectors), with a proven track record of under-performing the US market. Great ETF if you want your investments to drag.
Lots of solid companies here in Canada though.
No mo dark mode …please
Wouldn’t touch this one for more than 5% of a portfolio
👍👍
4%. High yield?? Really
If we are heading into a period of stagflation, dividend stocks/etf are going to be gold.
GDP growing, unemployment low, inflation at 3%. Where is the stagflation?
Canadians would do better to just invest in the s&p 500….just stop being nuts about Canada …it doesn’t help us. Canada is not a great place to make money anymore …if it ever was
Lots of Canadian companies operate outside of Canada. I agree in regards to the TSX index as a whole but plenty of rock solid companies in Canada.
Brookfield is a great example of a Canadian company operating globally and making a killing doing it
But if you put US dividend payers in your TFSA, you lose the withholding tax (15%), so that's why some of us have Cdn dividend ETFs like VDY and XEI in TFSA.
It does not make sense to hold funds in RRSP for US ETFs because u will be taxed heavily before retirement if u withdraw unless u move to US.
@@denverd513 If you have a low income at retirement, will you still be taxed as much on US ETFs ?
912 Gutmann Ridges