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Vanguard S&P Small-Cap 600 Index Fund ETF Shares
VIOO (Vanguard S&P Small-Cap 600 Index Fund ETF Shares) is an index US Equity ETF by Vanguard. With a 0.07% MER, it provides diversified exposure through 605 holdings. Annual distribution with a 1.31% yield.
VIOO by Vanguard is a passively managed index ETF that tracks a broad market index. This approach keeps management fees low while providing wide diversification.
Its 0.07% MER makes it one of the most cost-effective options in its category.
As a US-listed ETF, it is typically held in an RRSP to minimize withholding tax on US dividends (Canada-US tax treaty).