Wealth Awesome Rating: 83/100
This equity ETF has an MER of 0.13%. With lower than average fees, it’s a cost-effective option. Managing 129 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.
VSP 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 (VSP) 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 0.13%. This ETF trades on the TSX exchange.VSP stock price and other stats
ETF Key Stats
Exchange: TSX
Assets Under Management: $129MM
Expense Ratio: 0.13%
Price: $84.27 (Updated: 3/7/2024)
Seeks to track the performance of the S&P 500 Index (CAD-hedged) to the extent possible and before fees and expenses.
SP 500 Index (VSP) Breakdown by Market Cap
| Category | Value |
|---|---|
| Mega | 46.42322 |
| Big | 34.60588 |
| Medium | 18.34841 |
| Small | 0.35326 |
| Micro | 0 |
SP 500 Index (VSP) Sector Breakdown
| Sector | Equity % | Relative to Category |
|---|---|---|
| Basic Materials | 2.19392 | 2.30891 |
| Consumer Cyclicals | 11.01726 | 11.05899 |
| Financial Services | 12.49917 | 13.19634 |
| Real Estate | 2.51341 | 1.85655 |
| Communication Services | 8.58316 | 8.564 |
| Energy | 3.89084 | 3.51122 |
| Industrials | 8.3593 | 9.29279 |
| Technology | 29.81533 | 29.30908 |
| Consumer Defensive | 6.1091 | 5.70742 |
| Healthcare | 12.67699 | 13.25845 |
| Utilities | 2.34153 | 1.93624 |
SP 500 Index (VSP) Geographic Breakdown
| Region | Equity % | Relative to Category |
|---|---|---|
| North America | 99.434 | 98.591 |
| United Kingdom | 0.06233 | 0.32161 |
| Europe Developed | 0.462 | 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 |
VSP Management Expense Ratio
VSP has a management expense ratio of 0.13% . The MER is significantly lower than what you can get with a mutual fund product offered by large banks.VSP Comparisons
- SP 500 Index (VSP) vs Horizons SP 500 Index (HXS)
- VSP is better performing (7.27% YTD vs 10.05%). VSP is less expensive (0.13% vs 0.17% MER).
- VSP 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 7.27%). XUS is less expensive (0.11% vs 0.13% MER).
- BMO SP 500 Hedged to CAD Index is better performing (8.24% YTD vs 7.27%). ZUE is less expensive (0.13% 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 VSP 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 |
