Wealth Awesome Rating: 85/100
This equity ETF has an MER of 0.08%. With lower than average fees, it’s a cost-effective option. Managing 604 million in assets, it’s widely trusted by investors. Suitable for those seeking growth with a medium to high risk tolerance.
The Wealth Awesome ETF rating is based on identifying ETFs that are popular and well used, while keeping costs low.
VFV trades on the TSX exchange.
Looking to invest in general equity? Consider an general equity ETF as an easy way to get access. The SP 500 Index (VFV) is one of the most popular ETF’s in Canada by market cap. Let’s take a closer look at this ETF here.
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What is the SP 500 Index ETF
A general equity ETF, aiming for growth by investing in a broad range of stocks. This ETF has an MER of 0.08%. This ETF trades on the TSX exchange.VFV stock price and other stats
ETF Key Stats
Exchange: TSX
Assets Under Management: $604MM
Expense Ratio: 0.08%
Price: $123.37 (Updated: 3/7/2024)
Vanguard S&P 500 Index ETF seeks to track, to the extent reasonably possible and before fees and expenses, the performance of a broad U.S. equity index that measures the investment return of large-capitalization U.S. stocks. Currently, this Vanguard ETF seeks to track the S&P 500 Index (or any successor thereto). It invests directly or indirectly primarily in stocks of U.S. companies.
SP 500 Index (VFV) Breakdown by Market Cap
| Category | Value |
|---|---|
| Mega | 46.42149 |
| Big | 34.60612 |
| Medium | 18.34934 |
| Small | 0.35332 |
| Micro | 0 |
SP 500 Index (VFV) Sector Breakdown
| Sector | Equity % | Relative to Category |
|---|---|---|
| Basic Materials | 2.19415 | 2.30891 |
| Consumer Cyclicals | 11.01829 | 11.05899 |
| Financial Services | 12.49885 | 13.19634 |
| Real Estate | 2.51366 | 1.85655 |
| Communication Services | 8.58266 | 8.564 |
| Energy | 3.89099 | 3.51122 |
| Industrials | 8.3597 | 9.29279 |
| Technology | 29.81411 | 29.30908 |
| Consumer Defensive | 6.10912 | 5.70742 |
| Healthcare | 12.67674 | 13.25845 |
| Utilities | 2.34174 | 1.93624 |
SP 500 Index (VFV) Geographic Breakdown
| Region | Equity % | Relative to Category |
|---|---|---|
| North America | 99.434 | 98.591 |
| United Kingdom | 0.06227 | 0.32161 |
| Europe Developed | 0.463 | 0.753 |
| Europe Emerging | 0 | 0 |
| Africa/Middle East | 0 | 0.03 |
| Japan | 0 | 0.071 |
| Australasia | 0 | 0 |
| Asia Developed | 0.042 | 0.046 |
| Asia Emerging | 0 | 0.084 |
| Latin America | 0 | 0.103 |
VFV Management Expense Ratio
VFV has a management expense ratio of 0.08% . The MER is significantly lower than what you can get with a mutual fund product offered by large banks.VFV Comparisons
- SP 500 Index (VFV) vs Horizons SP 500 Index (HXS)
- Horizons SP 500 Index is better performing (10.05% YTD vs 10.03%). VFV is less expensive (0.08% vs 0.17% MER).
- SP 500 Index is better performing (7.27% YTD vs 10.03%). VFV is less expensive (0.08% vs 0.13% MER).
- iShares Core SP 500 Index is better performing (9.36% YTD vs 10.03%). VFV is less expensive (0.08% vs 0.11% MER).
- BMO SP 500 Hedged to CAD Index is better performing (8.24% YTD vs 10.03%). VFV is less expensive (0.08% vs 0.13% MER).
S&P500 ETF Comparisons
| ETF | Inception | MER | AUM | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| HXS | 2010-11-30 | 0.17%% | $287.0 | 28.17% | 13.92% | 14.89% | 14.44% |
| VFV | 2012-11-02 | 0.08%% | $604.0 | 28.26% | 13.97% | 14.93% | 14.51% |
| VSP | 2012-11-02 | 0.13%% | $129.0 | 26.27% | 10.34% | 13.18% | 11.25% |
| XUS | 2013-04-10 | 0.11%% | $478.0 | 26.75% | 13.78% | 14.65% | 14.52% |
| ZUE | 2009-05-29 | 0.13%% | $684.0 | 29.47% | 10.60% | 13.57% | 11.28% |
How to Buy SP 500 Index TSX ETF
You can buy VFV on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:| Image | Product Title | Features | Price |
|---|---|---|---|
Editor's Choice  |
| Get $25 Signup Bonus | |
Reliable Pick  |
| Get $50 Free Stock Trades |
