Asset allocation ETFs like … The top 10 holdings consist of top blue-chip stocks in Canada and the U.S as you can see below. I like that it has a higher U.S weighting also. Its 80:20 stock to bond split is a bit aggressive, however, it is not as aggressive as the all-equity VEQT ETF. Vanguard Growth ETF Portfolio (VGRO) Investment objective and strategy: Seeks to provide long-term capital growth by investing primarily in equity and fixed income securities—either directly or indirectly through investment in seven underlying low-cost Vanguard index ETFs… Buy VGRO with free $0 Questrade ETF trades. 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. VGRO | A complete Vanguard Growth ETF Portfolio exchange traded fund overview by MarketWatch. 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. 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few things I wasn’t thinking of, and helped me decide: https://creditcarrots.com/xgro-vs-vgro/, Your email address will not be published. If the idea of portfolio rebalancing causes you to break out in a cold sweat, asset allocation ETFs such as Vanguard’s Growth ETF (VGRO) are way more convenient. Trading commissions add up if your broker does not offer commission-free trading. There is already $919 million in assets in the fund, which signifies investors growing appetite for an easy passive investing solution with low fees. Canadian government bonds. I’m an even bigger fan of the relatively new Vanguard ETF Portfolio series. 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. The underlying funds making up the portfolio as of this date are: An 80:20 equity to fixed income ratio signifies an above average level of risk tolerance. 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 … The platform is easy to use, and the support has been outstanding so far. See https://www.vanguardcanada.ca/individual/mvc/loadImage?country=can&docId=12396. Required fields are marked *. The large cap equity allocations weighs heavily towards financials (e.g. Join the Wealth Awesome mailing list to receive the latest news and updates, plus a free Canadian Personal Finance Resource Guide. The portfolio is automatically rebalanced, so you never have to worry about your asset mixes getting misaligned from what your original goals are. Here are the underlying ETF funds that make up XGRO as of June 23, 2020: Compared to VGRO, XGRO has a management fee of 0.18% (vs. 0.22%) and management expense ratio of 0.20% (vs. 0.25%). Get the latest stock price for Vanguard Growth ETF Portfolio Redeemable transferable units (VGRO), plus the latest news, recent trades, charting, insider activity, and analyst ratings. 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. 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? VGRO is Vanguard Canada’s all-in-one growth ETF portfolio. For index funds, I like the TD e-Series funds. In 2019, VGRO returned 17.84%, however, as you can expect, the recent economic downturn has not spared it. VGRO has a management fee of 0.22% and an MER of 0.25%. Same with investing, if it is too confusing or you need to monitor too much, many people just won’t bother with investing at all. Any input would be greatly appreciated. This site uses Akismet to reduce spam. Add in the ETF MERs, and you pay a total of 0.60% to 0.70% in fees per year. 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. You won’t have to worry about rebalancing the portfolio, just contribute to it regularly and watch your assets grow. Vanguard’s asset-allocation ETFs came around after I had already set up my two-ETF portfolio and I haven’t bothered to switch. 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 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). If you have a higher risk tolerance and have a TFSA or RRSP account that you just want to set and forget, VGRO could be the perfect ETF for you. Lower fees than robo-advisors and much lower than mutual funds, Country mix is too heavily Canadian weighted, Fees are slightly higher than some competitors, Personal Finance Resources Guide that will help you master your finances in Canada. View the latest ETF prices and news for better ETF investing. The Vanguard all-in-one ETFs make for a simple portfolio. 4 – In this example, I am entering an order to purchase 100 units of VGRO at $25.63 using a “limit order” and setting the trade duration to GTC (good till cancelled). VGRO is a growth exchange-traded-fund (ETF) portfolio that has been trading on the Toronto Stock Exchange since January of 2018. 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. If you want to buy the VGRO ETF, consider opening a free Questrade account. 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. Globally diversified ETF portfolio ( XGRO ) is an all-in-one Growth portfolio similar to funds. Other visitors who receive our latest Personal Finance Guide in Canada be different than what you see you... 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