Here is the article.
I like to read the article and learn how to argue that one ETF is not perfect.
The Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY) suffers from the same problem. The MER is a very reasonable 0.22 per cent, but financials accounted for 61.8 per cent of the fund as of May 31. Utilities and telecoms – two sectors known for high and growing dividends – together accounted for just 12 per cent. Why can't an ETF be cheap and well-diversified?
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