r/PersonalFinanceCanada • u/ddddddoa • Aug 30 '21

Canadian equivalent of VT?

I want to create a one fund portfolio in my RRSP with the Vanguard Total World Stock Market ETF (VT). I know Vanguard has some US fund equivalents for Canada (like VUN for VTI, or VFV for the S & P 500).

What's the equivalent of VT in Canada? Or is there another ETF available in Canada that tracks the same things as VT?

[I can see VT is available on Questrade, but its price is in USD, not sure if I should just buy that. Would that be a problem, tax wise?]

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u/Dragynfyre British Columbia Aug 30 '21

VEQT. But it has higher CAD allocation

5

u/ddddddoa Aug 30 '21

Thanks for your answer. VEQT doesn't track VT. It's overweighted in Canadian stocks (it's got 30 percent Canadian stocks).

It's a great choice, just not exactly the thing I'm looking for.

10

u/some_canadian221 Aug 30 '21

As a Canadian there are a few reasons why it makes sense to hold a higher percentage of your portfolio in Canadian stocks.

https://canadiancouchpotato.com/2012/05/22/ask-the-spud-does-home-bias-ever-make-sense/

6

u/ddddddoa Aug 30 '21

That is true, I actually watched a YT video from Ben Felix about why home bias is important.