I personally feel there is too much Canadian exposure in VGRO. This is a VEQT review that covers the ETF’s key facts, ETF and stock holdings, returns, fees, how it compares to other all-in-one funds like VGRO and XEQT, and so on. Related: Commission-Free Stock Trading Platforms. Because you are basically getting exposure to the entire world of stocks, the entire holdings consist of thousands of stocks. The portfolio is automatically rebalanced, so you never have to worry about your asset mixes getting misaligned from what your original goals are. It definitely pointed out a few things I wasn’t thinking of, and helped me decide: https://creditcarrots.com/xgro-vs-vgro/, Your email address will not be published. Purchasing individual ETFs may be cheaper. VGRO has a management fee of 0.22% and the MER is 0.25%. Wealthsimple Trade is Canada’s only commission-free brokerage platform for when you are buying and/or selling ETFs and stocks. The fee comparisons above do not account for trading fees. The risk rating for VGRO is low to medium and it trades on the Toronto Stock Exchange under the ticker symbol “VGRO.”. What types of investments are inside of VGRO? Pre-qualified offers are not binding. When evaluating offers, please review the financial institution’s Terms and Conditions. I personally went with XGRO due to the lower MER and stronger US asset allocation ratios. I like to think of investing like exercising. Performance charts for Vanguard Growth ETF Portfolio (VGRO - Type ETF) including intraday, historical and comparison charts, technical analysis and trend lines. Let’s go over the reasons why: Summary: Vanguard VGRO is a growth ETF portfolio that automatically rebalances at a low annual MER. Vanguard is really a household name when it comes to investment management. Learn about VGRO holdings, returns, pros and cons, how to purchase VGRO on Questrade and Wealthsimple Trade, and how it compares to XGRO. I am a big fan of using ETFs and recommend it for most people who are not familiar with investing, or do not want the risk of researching and monitoring individual companies, or simply do not have the time to dedicate to follow various stocks in the public investing markets. For Wealthsimple Trade, there are no trading commissions for buy or sell trades and VGRO does not trigger currency exchange fees because it is listed in CAD. Here are some of the key facts about this fund as of June 24, 2020: As of May 31, 2020, the asset allocation was 80.51% stocks, 19.26% bonds, and 0.23% cash and cash equivalents. Two of my favorites are XAW from iShares and VXC from Vanguard. Microsoft and Apple) and the bond component comprises mainly of AAA-grade bonds e.g. However, until Vanguard lowers its fees to be the same as this iShares one, I think I would have to side with iShares. Even though this MER is higher than if you were to buy individual ETFs, I like it for several reasons: There isn’t much data on VGRO since it just started in 2018. There is already $919 million in assets in the fund, which signifies investors growing appetite for an easy passive investing solution with low fees. You can open a Wealthsimple Trade account here. Thanks for a good article. The MER for VGRO is even lower than robo-advisors. They offer investors access to multiple investment products including ETFs, mutual funds, stocks, options, bonds, and more. As a VGRO investor, you don’t need to worry about rebalancing your portfolio, as it is done automatically. Disclaimer: Wealth Awesome strives to keep its information accurate and up to date. Learn how your comment data is processed. U.S stocks tend to outperform Canadian stocks in the long run, so I would have liked to see an even higher weighting to the U.S. You don’t have control over what sectors or countries you would like to overweight. I like them because they provide diversified exposure to the largest companies in the world (outside Canada) through a single ETF… © 2020 Enoch Media Inc. All Rights Reserved. … The TFSA for VBAL etc. VGRO is an Exchange Traded Fund (ETF) that trades in a similar way as a stock on an exchange with prices moving up and down throughout the day. Posted by Enoch Omololu | Published Jun 29, 2020. One of the best features of these portfolios is that you don’t need to rebalance it, as you would have to if you were to make the portfolio yourself. VGRO is a growth exchange-traded-fund (ETF) portfolio that has been trading on the Toronto Stock Exchange since January of 2018. You won’t have to worry about rebalancing the portfolio, just contribute to it regularly and watch your assets grow. If you've been following my financial freedom updates, you'll see that I'm a fan of global index ETFs (ex-Canada). Both XGRO and VGRO have a low-medium risk rating. Required fields are marked *. The good news is that these all-in-one ETF portfolios have been embraced by many do-it-yourself investors: VGRO, for example, has attracted more than $570-million in assets in barely a year. Questrade is Canada’s premier discount online brokerage service. To purchase VGRO on the platform, sign-in to your account and search for “VGRO.”. His writing has been featured or quoted in The Globe and Mail, Toronto Star, MSN Money, Financial Post, Winnipeg Free Press, Wealthsimple and many other personal finance publications. You can also use the promo code SAVVY50. You can choose to buy VGRO at the market price i.e. It’s ideal for a TFSA or RRSP. This all-in-one portfolio is quite new and does not have a lengthy returns history. We may receive a fee when you click on a link, at no additional cost to you. Lastly, VGRO is also much cheaper than the one-stop solution funds offered by Tangerine. RBC and TD) and technology (e.g. However, there shouldn’t be too many surprises with performance, since the ETFs will perform its duties of mirroring the markets. How has VGRO performed since its inception? In 2019, VGRO returned 17.84%, however, as you can expect, the recent economic downturn has not spared it. level 1. If you make regular purchases of VGRO, your trading fees can add up. In this example, I set my limit price at $25.63, just two cents below the lowest price recorded so far that day. There is a $50 free trade bonus when you sign up. whatever price is currently available, or you can choose a limit, limit-on-open, limit-on-close, stop, stop-limit, trailing-stop, or trailing-stop-limit order. DIY investors who purchase ETFs directly using an online brokerage account can potentially save thousands of dollars in fees over time compared to buying traditional mutual funds. VGRO offers investors access to industry diversification. (VGRO … He has a master's degree in Finance and Investment Management from the University of Aberdeen Business School and has a passion for helping others win with their finances. If the gym that you go to is difficult to get to and out of the way, the less likely you are to go to it. Your email address will not be published. VGRO has a management fee of 0.22% and an MER of 0.25%. It contains Canadian, US and international stocks as well as 20% bonds. This site uses Akismet to reduce spam. I’m a huge fan of Vanguard. Blackrock’s iShares Core Growth ETF Portfolio (XGRO) is an all-in-one growth portfolio similar to VGRO. Quote Fund Analysis Performance Risk Price Portfolio Parent All ETFs by Morningstar … View the latest ETF prices and news for better ETF investing. You will always be diversified if you purchase VGRO, and can rest assured that it will be large companies that will be around for a while. I have updated the typo – Thanks. Save my name, email, and website in this browser for the next time I comment. You want to spread the risk because you don't know when the S&P500 will underperform the rest of the world, which it has. How To Purchase VGRO ETF on Wealthsimple Trade, Basic Investment Terms Every Investor Should Know (1), Moka (Mylo) Review: How To Simplify and Automate Your Savings and Investing, What is an RESP? Should you invest in the VGRO stock ETF? Its 80:20 stock to bond split is a bit aggressive, however, it is not as aggressive as the all-equity VEQT ETF. All financial products, shopping products and services are presented without warranty. ETF characteristics VGRO Number of stocks 12,532 Median market cap $86.1B Price/earnings ratio 19.5x Price/book ratio 1.7x Return on equity 11.4% Earnings growth rate 9.9% Equity yield (dividend) 2.8% Sector weighting VGRO … All-in-one ETF portfolios such as Vanguard Balanced ETF Portfolio (VBAL) have made self-directed investing easier than ever. VGRO is also globally diversified with its top-10 market allocation for equities on May 31, 2020, as follows: And the top-10 market allocation for VGRO fixed income assets are: Related: All-in-One ETF Portfolio Options. Designed by Elegant Themes | Powered by WordPress. VGRO is an Exchange Traded Fund (ETF) that trades in a similar way as a stock on an exchange with prices moving up and down throughout the day. The firm has more than $6 trillion in assets under management and is a global leader in the ETF industry. VGRO consists of several different Vanguard ETFs. The top 10 holdings consist of top blue-chip stocks in Canada and the U.S as you can see below. Vanguard FTSE Canada All Cap Index ETF (VCN), Vanguard FTSE Developed All Cap ex North America Index ETF (VIU), Vanguard Canadian Aggregate Bond Index ETF (VAB), Vanguard FTSE Emerging Markets All Cap Index ETF (VEE), Vanguard Global ex-US Aggregate Bond Index ETF CAD-hedged (VBG), Vanguard US Aggregate Bond Index ETF CAD-hedged, iShares Core S&P Total U.S. Stock Market ETF (ITOT), iShares S&P/TSX Capped Composite Index ETF (XIC), iShares Core Canadian Universe Bond Index ETF (XBB), iShares Core MSCI Emerging Markets ETF (IEMG), iShares Core Canadian Short Term Corporate ETF (XSH), iShares Broad USD Investment Grade Corporate Bond ETF (USIG), This post may contain affiliate links. The large cap equity allocations weighs heavily towards financials (e.g. VGRO has an 80/20 split, making it 80% equities and 20% fixed income, which is why it is classified as a growth type of investment. @Cathay: I think you would benefit more by chatting with a financial advisor so they can look at your overall financial picture to determine what level of risk is appropriate. Start a 14-day free trial to Morningstar Premium … If you want to buy the VGRO ETF, consider opening a free Questrade account. The company is essentially a non-profit asset management firm since all of the profits are returned to investors in the form of lower fees. I like that it has a higher U.S weighting also. VFV only contains US stocks. The portfolios are a shining example of investing that is made simple for all investors. There is already $919 million in assets in the fund, which signifies investors growing appetite for an easy passive investing solution with low fees. VGRO is a balanced ETF. VBAL is part of Vanguard Canada’s very popular asset-allocation portfolio series. The asset mixes are designed to give you worldwide exposure, as you can see here: For VGRO’s asset allocation, 56.6% is split between US and Canada equities, with international equities and emerging markets taking up around 23.2%. A limit order specifies how much I want to pay per unit of VGRO. Performance of Vanguard Balanced ETF Portfolio (VBAL) Amongst ETF portfolios, VBAL has quite a remarkable portfolio. @Jeremy: Good catch. One note: the inception date of VGRO is January 25, 2018, not Jan 24, 2020. 1 – Click on “Trading” and enter the ticker symbol of the ETF you are looking to purchase in the “Symbol lookup” box. Learn everything you need to know about Vanguard Growth ETF (VUG) and how it ranks compared to other funds. Copyright 2020 Wealthawesome.com All Rights Reserved. View Top Holdings and Key Holding Information for VANGUARD GROWTH ETF PORTFOLIO (VGRO.TO). Best Robo-Advisor RESP Investments in Canada, https://www.vanguardcanada.ca/individual/mvc/loadImage?country=can&docId=12396, XBAL Review: iShares Core Balanced ETF Portfolio Explained, 7 Things To Consider For Your Year-End Financial Checklist, Vanguard Conservative Income ETF Portfolio (VCIP), Vanguard Conservative ETF Portfolio (VCNS), Vanguard Growth ETF Portfolio (VGRO), and, Eligible accounts: RRSP, RRIF, RESP, TFSA, DPSP, RDSP, non-registered accounts, Low cost management fee compared to mutual funds and robo-advisors. Trading fees for ETFs range from $0 to $9.99 per trade, depending on your broker. Sign up and get a free 22 Personal Finance Resources Guide that will help you master your finances in Canada. You can purchase ETFs for free on the platform. I’m an even bigger fan of the relatively new Vanguard ETF Portfolio series. There are many ways to buy Vanguard VGRO stock. Examples are Tangerine funds and TD e-Series. ETF Name Ticker Management Fee MER # of Holdings Description; Vanguard Growth ETF Portfolio: VGRO: 0.22: 0.25: 7: Holds 7 Vanguard ETFs, 80% equities versus 20% bonds Join the Wealth Awesome mailing list to receive the latest news and updates, plus a free Canadian Personal Finance Resource Guide. I show an example using VGRO below. Canadian government bonds. Building your investment portfolio using individual ETFs is not a very difficult task, however, you will need to manually rebalance your ETF portfolio every now and then. This article does a good comparison specifically between XGRO and VGRO for those interested. 100 units. Even better, they have a lower management fee compared to mutual funds or robo-advisors and are designed to suit different investment risk profiles. Vanguard’s VGRO is a great option for investors who want worldwide diversification, and to have passive index investing without need to monitor the account at all. Your email address will not be published. The Vanguard all-in-one ETFs make for a simple portfolio. Tax-efficient in registered accounts e.g. For index funds, I like the TD e-Series funds. The rest consists of bonds. Vanguard Balanced ETF Portfolio (VBAL) will provide long-term capital growth with a moderate level of income split 60% equities to 40% fixed income. This VGRO review covers its composition, returns, fees, top holdings, pros and cons, how to purchase Vanguard ETFs in Canada, and how it compares to XGRO. XGRO has slightly lower MER than Vanguards VGRO at 0.20% vs 0.25%, and a slightly different asset mix also, seen here: The U.S and international weighting are slightly more, and Canadian and emerging markets are slightly less. Currently, there are five different types of Vanguard portfolios, ranging in allocations from conservative to all equity. TFSA or RRSP. It is made up of several other Vanguard Index ETFs and has a target allocation that is approximately 80% equity (stocks) and 20% fixed income (bonds). VBAL has $1 billion … The net assets under management for … XGRO has a target allocation of 80% stocks to 20% bonds and has been around since 2007 under a different name – iShares Balanced Growth CorePortfolio Index ETF (CBN). Vanguard’s asset-allocation ETFs came around after I had already set up my two-ETF portfolio and I haven’t bothered to switch. You will also receive our FREE e-Book! You should take note of its high stock component (risk) and ensure it is in line with your risk tolerance. Are using a “ limit vgro etf review ”, enter the number of VGRO free 0. About your asset mix of Oct 31, 2020 even bigger fan of profits... Up now to join thousands of other visitors who receive our latest Personal Guide! This feature, you are using a “ limit buy ”, enter number. Your finances in Canada trading fees i ’ m an even bigger of. Buy the VGRO all-in-one portfolio is automatically rebalanced, so you never to. 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