VCN: A Stable But Cyclical Play For Canadian Market Exposure
Source: SeekingAlpha
2025-01-18 04:38:22 ET
Summary
- VCN has a low expense ratio of 0.05% but high exposure to cyclical sectors and low exposure to technology, leading to underperformance against the S&P 500.
- VCN's sector allocation, heavily weighted towards financials, energy, industrials, and basic materials, makes it sensitive to economic cycles and commodity price fluctuations.
- VCN's long-term earnings growth prospects are weaker than the S&P 500, with a 9.2% growth rate compared to the S&P 500's 17.9%.
- VCN is better suited as a non-core holding rather than a core holding in an investment portfolio.
ETF Overview
Read the full article on Seeking Alpha
For further details see:
VCN: A Stable But Cyclical Play For Canadian Market Exposure
BMO Asset Management Inc BMO S&P 500 Index ETF
NASDAQ: BZSPF
BZSPF Trading
0.0% G/L:
$74 Last:
508 Volume:
$74 Open:
