Defined outcome ETFs have long promised virtually risk-free investing, but also place significant caps on potential gains.

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While both U.S. and European-domiciled funds fully replicate the index, the Canadian fund invests its assets in its U.S.-listed counterpart Vanguard S&P 500 ETF in place of individual stocks.

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A series that will keep your retirement goals on target. Our research team assigns Silver ratings to strategies that they have a high conviction will outperform the relevant index, or most peers ...

This ETF has even higher exposure to the Magnificent Seven stocks compared to FXAIX. FSPGX is an example of a "style" fund – one that attempts to tilt toward stocks with certain characteristics.