Overview
VGRO is a diversified, low-cost ETF designed for long-term growth. It holds a mix of Canadian, U.S., and international equities, along with some fixed-income assets to provide stability. It’s structured as an 80/20 portfolio, meaning 80% equities and 20% bonds, making it more aggressive than balanced ETFs.
Current Valuation
- Price: $34.70 CAD (recent close)
- 52-week range: $32.87 - $39.06
- Dividend yield: 1.99%
- Expense ratio: 0.24% You can check more details here.
Risks
- Market Volatility: Since VGRO is 80% equities, it’s more sensitive to market fluctuations.
- Interest Rate Risk: The 20% bond allocation can be affected by rising interest rates.
- Home Bias: VGRO has a higher allocation to Canadian stocks than global market weight, which may limit diversification.
- Economic Downturns: In recessions, equities tend to decline, impacting VGRO’s performance. More risk details can be found here.
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Disclaimer
The user BeeHappy has a position in TSX:VGRO. Simply Wall St has no position in any of the companies mentioned. Simply Wall St may provide the securities issuer or related entities with website advertising services for a fee, on an arm's length basis. These relationships have no impact on the way we conduct our business, the content we host, or how our content is served to users. The author of this narrative is not affiliated with, nor authorised by Simply Wall St as a sub-authorised representative. This narrative is general in nature and explores scenarios and estimates created by the author. The narrative does not reflect the opinions of Simply Wall St, and the views expressed are the opinion of the author alone, acting on their own behalf. These scenarios are not indicative of the company's future performance and are exploratory in the ideas they cover. The fair value estimates are estimations only, and does not constitute a recommendation to buy or sell any stock, and they do not take account of your objectives, or your financial situation. Note that the author's analysis may not factor in the latest price-sensitive company announcements or qualitative material.