U.S. Dividend Appreciation Index ETF Review (VGG) 2024

Last Updated: 3/7/2024

Wealth Awesome Rating: 78/100
This equity ETF has an MER of 0.29%. With lower than average fees, it’s a cost-effective option. Managing 160 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.

VGG trades on the TSX exchange.
Looking to invest in general equity? Consider an general equity ETF as an easy way to get access. The U.S. Dividend Appreciation Index (VGG) is one of the most popular ETF’s in Canada by market cap. Let’s take a closer look at this ETF here.  

What is the U.S. Dividend Appreciation Index ETF

A general equity ETF, aiming for growth by investing in a broad range of stocks. This ETF has an MER of 0.29%. This ETF trades on the TSX exchange.

VGG stock price and other stats

ETF Key Stats

Exchange: TSX

Assets Under Management: $160MM

Expense Ratio: 0.29%

Price: $82.42 (Updated: 3/7/2024)



U.S. Dividend Appreciation Index (VGG) Breakdown by Market Cap

CategoryValue
Mega41.01146
Big40.82204
Medium15.03788
Small2.55197
Micro0.36596

U.S. Dividend Appreciation Index (VGG) Sector Breakdown

SectorEquity %Relative to Category
Basic Materials4.210362.30891
Consumer Cyclicals7.2508611.05899
Financial Services18.7732613.19634
Real Estate01.85655
Communication Services1.204378.564
Energy2.746543.51122
Industrials13.176169.29279
Technology23.7741329.30908
Consumer Defensive11.533365.70742
Healthcare14.6887413.25845
Utilities2.642231.93624

U.S. Dividend Appreciation Index (VGG) Geographic Breakdown

RegionEquity %Relative to Category
North America99.3998.591
United Kingdom00.32161
Europe Developed0.610.753
Europe Emerging00
Africa/Middle East00.03
Japan00.071
Australasia00
Asia Developed00.046
Asia Emerging00.084
Latin America00.103

VGG Management Expense Ratio

VGG has a management expense ratio of  0.29% . The MER is significantly lower than what you can get with a mutual fund product offered by large banks.  


How to Buy  U.S. Dividend Appreciation Index TSX ETF

You can buy  VGG 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:  
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Author Bio - Qayyum Rajan is a CFA Charterholder with 10+ years of finance experience and the co-creator of Wealthawesome.com. He has previously worked as a portfolio manager at RBC Dominion Securities and other roles at asset managers like Sentry Investments. He then started building websites and fintech apps to bring finance to everyone.

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