U.S. stock market ETFs in Canadian dollars
There are an increasing number of U.S. listed company stocks that are available in Canadian dollars. These CDRs are, for the most part, listed on the TSX. But there are also U.S. stock market ETFs available for investors with Canadian dollars in their investment accounts.
ETF name | Symbol |
iShares Core S&P U.S. Total Market Index ETF | XUU |
Vanguard S&P 500 Index ETF | VFV |
BMO S&P 500 Index ETF | ZSP |
All securities in the financial markets fluctuate in value. Historically, most company stocks mirror the performance of the market averages in real time (i.e. they follow the trend together). The long term rate of return in U.S. market averages is approx. 7-8%. Bear markets are, by definition, when the market average falls by 20% or more. Many stocks will magnify the market averages by 1.5-2.5 times, in both directions.
