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VFV

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1d
1w
1m

Analysis and statistics

  • Open
    155.7957$
  • Previous Close
    157.9201$
  • 52 Week Change
    --
  • Day Range
    -2.12$
  • 52 Week High/Low
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  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
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About

VFV.TO is the ticker symbol for the Vanguard S&P 500 Index ETF, traded on the Toronto Stock Exchange (TSX). This ETF aims to track, to the extent reasonably possible and before fees and expenses, the performance of the S&P 500 Index. The S&P 500 Index is a widely recognized benchmark of U.S. large-cap equity performance. VFV.TO provides Canadian investors with a convenient way to gain exposure to a broad basket of 500 of the largest U.S. companies. The ETF holds the underlying stocks in similar weightings to the index, and its price will generally fluctuate in line with the performance of the S&P 500, taking into account currency fluctuations between the Canadian and U.S. dollars.
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Factors

S&P 500 Performance: VFV.TO tracks the S&P 500, so its price largely mirrors the index's movements. Upward trends in the S&P 500 generally lead to price increases in VFV.TO, while downward trends cause price decreases.

Canadian Dollar vs. US Dollar: As VFV.TO holds US assets, currency fluctuations impact its price. A weaker Canadian dollar relative to the US dollar boosts the price of VFV.TO, while a stronger Canadian dollar reduces it.

Supply and Demand: Increased investor demand for VFV.TO can drive its price slightly above its net asset value, while increased selling pressure can push it slightly below. These deviations are usually small.

Management Expense Ratio (MER): While the MER is low for VFV.TO, it does affect the overall return and, indirectly, the long-term price. A higher MER would slightly reduce the fund's performance compared to the S&P 500.

Dividend Reinvestment: Dividends paid by the companies within the S&P 500 are reinvested into the fund, contributing to its overall growth and thus influencing the price over time.

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