Best Canadian ETFs
What You Should Know
- An ETF is a basket of investments you can buy in a single trade. Canadian-listed ones can hold assets from anywhere in the world.
- Our overall top ten is the quick version. If you already know what you need, such as bonds, cash or a one-fund portfolio, the category tables will serve you better.
- We rank funds on past returns after adjusting for how much their prices swung. Longer track records count for more.
- A high rank doesn't make a fund right for you, and past returns don't promise future ones. Check what a fund holds, what it costs and how much of its return came as cash payouts.
There's no single best ETF, but some have clearly done better than others once you account for how bumpy the ride was. We ranked 199 of the largest Canadian-listed ETFs that way. The overall top ten comes first, followed by separate leaders for stocks, bonds, cash, mixed portfolios and commodities, since a bond fund and a bank ETF do very different jobs.
ETFs work a lot like mutual funds, except they trade throughout the day and usually cost less to hold. Our comparison of ETFs and mutual funds goes into the details. The rankings refresh whenever our fund data does.
Best Canadian ETFs Overall Top Ten
These ten funds have the highest scores under our ranking method right now. Stock funds tend to fill most of this list. Over long periods, stocks have usually earned more than bonds or cash for each unit of volatility, and our method rewards exactly that. For leaders in other categories, skip to the tables below.
| # | ETF | What it invests in | Annualized return | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| 1 | HEB Hamilton Champions Canadian Bank Equal-Weight Index ETF | Six large Canadian banks in equal weights | 37.3% 3-year annualized | 0.05% | Medium to High |
| 2 | XDIV iShares Core MSCI Canadian Quality Dividend Index ETF | Higher-yielding Canadian companies that pass a quality screen | 18.4% 5-year annualized | 0.11% | Medium |
| 3 | FEQT Fidelity All-in-One Equity ETF | Global stock portfolio with a bitcoin allocation | 24.5% 3-year annualized | 0.43% | Medium |
| 4 | ZUQ BMO MSCI USA High Quality Index ETF | US large and mid-sized companies screened for quality | 17.2% 10-year annualized | 0.33% | Medium |
| 5 | HXQ Global X Nasdaq-100 Index Corporate Class ETF | Large non-financial US companies listed on Nasdaq | 21.9% 10-year annualized | 0.28% | Medium to High |
| 6 | TPU TD U.S. Equity Index ETF | About 500 large US companies | 16.1% 10-year annualized | 0.07% | Medium |
| 7 | VFV Vanguard S&P 500 Index ETF | Large US companies in the S&P 500 | 16.1% 10-year annualized | 0.08% | Medium |
| 8 | ZSP BMO S&P 500 Index ETF | Large US companies in the S&P 500 | 16.1% 10-year annualized | 0.09% | Medium |
| 9 | XUS iShares Core S&P 500 Index ETF | Large US companies in the S&P 500 | 16.0% 10-year annualized | 0.09% | Medium |
| 10 | HXS Global X S&P 500 Index Corporate Class ETF | Large US companies in the S&P 500 | 15.9% 10-year annualized | 0.11% | Medium |
Annualized return is the compound yearly total return over the stated period, with distributions reinvested: the steady yearly rate that would turn the starting value into the ending value. Different rows use different histories. Yearly expenses are the reported fund expense ratio; brokerage charges and other fund trading costs can be additional. Risk ratings are reported by the fund providers.
Choose the type of ETF that fits your purpose
| If you are looking for | Start with | What to keep in mind |
|---|---|---|
| Company ownership and long-term growth | Stock ETFs | Prices can fluctuate substantially; broad portfolios and single sectors have different risks. |
| Bond exposure or a steadier portfolio mix | Bond ETFs | Bond prices can fall. Maturity and borrower credit quality matter. |
| Several asset classes in one holding | Mixed Portfolio ETFs | Compare the actual stock, bond and other asset weights. |
| A place to hold money for a short-term need | Cash and Money Market ETFs | Compare with savings accounts and GICs, including access, costs and deposit protection. |
| Exposure to gold, other commodities or digital assets | Commodity and Crypto ETFs | These assets serve different purposes and may be concentrated or volatile. |
How to use the tables
First check what a fund invests in. A bank ETF, a broad global stock portfolio and a cash ETF solve different problems, even if one has a higher rank. Then compare expenses, the length of the performance record and the risk rating. The ranking explanation lower on this page shows exactly how each score is calculated.
A 0.10% expense ratio represents about $1 a year for each $1,000 invested, before changes in the investment value. Fund expenses are already reflected in the reported returns; they are not a separate ranking bonus or penalty.
To explore how investment growth affects your money, use our return on investment calculator.
Our category tables use the same ranking method as the overall list. They select from all eligible funds in the dataset, so a category leader can appear here even when it is outside the overall top ten.
Best Canadian Stock ETFs
Stock ETFs invest in companies, covering broad markets or focusing on dividends, banks, energy or another strategy. Broad Canadian funds such as XIC, ZCN and VCN follow the S&P/TSX Composite or a similar index, which leans heavily on financial and energy companies. All-in-one funds such as XEQT and VEQT also appear here, because they hold only stocks spread across several regions.
| ETF | What it invests in | Annualized return | Yearly expenses | Risk rating |
|---|---|---|---|---|
| HEB Hamilton Champions Canadian Bank Equal-Weight Index ETF | Six large Canadian banks in equal weights | 37.3% 3-year annualized | 0.05% | Medium to High |
| XDIV iShares Core MSCI Canadian Quality Dividend Index ETF | Higher-yielding Canadian companies that pass a quality screen | 18.4% 5-year annualized | 0.11% | Medium |
| FEQT Fidelity All-in-One Equity ETF | Global stock portfolio with a bitcoin allocation | 24.5% 3-year annualized | 0.43% | Medium |
| ZUQ BMO MSCI USA High Quality Index ETF | US large and mid-sized companies screened for quality | 17.2% 10-year annualized | 0.33% | Medium |
| HXQ Global X Nasdaq-100 Index Corporate Class ETF | Large non-financial US companies listed on Nasdaq | 21.9% 10-year annualized | 0.28% | Medium to High |
These stock ETFs can have different exposures. Compare broad markets, individual sectors, income strategies and any additional assets before choosing a fund. Their rank does not make them interchangeable.
Best Bond and Cash ETFs in Canada
Bond ETFs pass on the interest their bonds earn as regular distributions, can steady a portfolio when stocks fall, and rise or fall in price as interest rates change. Cash and money market ETFs are a parking spot for money you will need soon. We rank them in separate tables: cash funds barely move in price, so their scores would crowd real bond funds out of a combined list.
Bond ETFs
Bond ETFs hold loans to governments or companies. Short-term bonds generally react less to interest-rate changes than long-term bonds; lower-quality borrowers carry greater credit risk. Compare maturity, credit quality and currency exposure alongside past returns. Bond prices move opposite to interest rates, so our interest rate forecast is useful context.
| ETF | What it invests in | Annualized return | Yearly expenses | Risk rating |
|---|---|---|---|---|
| ZST BMO Ultra Short-Term Bond ETF | Canadian investment-grade bonds with very short maturities | 2.5% 10-year annualized | 0.17% | Low |
| ZJK BMO High Yield US Corporate Bond Index ETF | Higher-yielding US corporate bonds | 5.7% 5-year annualized | 0.61% | Low to Medium |
| XSH iShares Core Canadian Short Term Corporate + Maple Bond Index ETF | Short-term corporate bonds issued in Canadian dollars | 2.9% 10-year annualized | 0.10% | Low |
| VSC Vanguard Canadian Short-Term Corporate Bond Index ETF | Canadian-dollar corporate bonds with 1 to 5 years to maturity | 2.7% 10-year annualized | 0.10% | Low |
| ZCS BMO Short Corporate Bond Index ETF | Short-term Canadian corporate bonds | 2.7% 10-year annualized | 0.11% | Low |
Cash and Money Market ETFs
Retail investors can use these funds to hold money in a brokerage account while waiting to invest or saving for a short-term goal. They hold bank deposits, treasury bills or other short-term debt, depending on the fund. Our guide to money market funds in Canada covers the mutual fund versions of the same idea.
| ETF | What it holds | Annualized return | Cash paid in last 12 months | Yearly expenses |
|---|---|---|---|---|
| PSU.U Purpose US Cash Fund | US-dollar deposit accounts at Canadian banks | 3.9% 5-year annualized | 3.5% | 0.17% |
| PSA Purpose High Interest Savings ETF | Bank deposit accounts and Canadian treasury bills | 2.3% 10-year annualized | 2.2% | 0.17% |
| MNY Purpose Cash Management Fund | Canadian money-market instruments | 3.6% 3-year annualized | 2.5% | 0.21% |
| ZMMK BMO Money Market Fund ETF | Canadian money-market instruments | 3.6% 3-year annualized | 2.4% | 0.13% |
| CSAV CI First Asset High Interest Savings ETF | Bank deposit accounts and Canadian treasury bills | 3.2% 5-year annualized | 2.1% | 0.15% |
Cash paid is trailing distribution yield: distributions over the last 12 months divided by the measurement-date price. It is not a promised interest rate. Compare trading costs, access and principal protection with a savings account or GIC; returns can change with interest rates.
HISA ETFs and other investment funds are not covered by CDIC deposit insurance, even when a fund invests in bank deposit accounts. Eligible deposits held directly at a CDIC member are insured up to set limits; our CDIC coverage guide explains them.
For most savers, a cash ETF is a convenience rather than an upgrade. It is useful inside a brokerage account, where it lets money wait between trades without moving back to a bank. For savings held anywhere else, a CDIC-insured high-interest savings account or GIC usually pays a similar rate with deposit protection and no trading costs. Giving up that protection buys little extra return.
Best Mixed Portfolio ETFs in Canada
These funds combine stocks, bonds or other assets and often rebalance automatically. Check the actual mix and diversification. A mixed fund can be concentrated: FIE, for example, focuses on Canadian financial companies.
| ETF | What it invests in | Annualized return | Yearly expenses | Risk rating |
|---|---|---|---|---|
| FCNS Fidelity All-in-One Conservative ETF | 40% stocks, 59% bonds and 1% bitcoin | 12.8% 3-year annualized | 0.39% | Low to Medium |
| XGRO iShares Core Growth ETF Portfolio | 80% stocks and 20% bonds | 10.3% 10-year annualized | 0.19% | Low to Medium |
| FGRO Fidelity All-in-One Growth ETF | 82% stocks, 15% bonds and 3% bitcoin | 13.5% 5-year annualized | 0.42% | Medium |
| XBAL iShares Core Balanced ETF Portfolio | 60% stocks and 40% bonds | 7.9% 10-year annualized | 0.18% | Low to Medium |
| FIE iShares Canadian Financial Monthly Income ETF | 70% common shares, 20% preferred shares and 10% bonds; Canadian financial sector | 12.1% 10-year annualized | 0.74% | Medium |
More stocks generally means greater exposure to stock-market swings. Compare allocations rather than “growth” or “balanced” names. XGRO and XBAL histories began before their current mandates; older results need that context.
Best Commodity and Crypto ETFs in Canada
This category combines funds with large direct commodity or cryptocurrency exposure. They are grouped here for navigation, but gold and bitcoin have different drivers and risks. These funds can provide concentrated exposure to one asset and should be assessed separately from diversified stock or bond portfolios. Our guide to gold ETFs compares bullion funds such as CGL with funds that own gold-mining companies.
| ETF | What it invests in | Annualized return | Yearly expenses | Risk rating |
|---|---|---|---|---|
| CGL.C iShares Gold Bullion ETF | Gold bullion, unhedged | 12.7% 10-year annualized | 0.55% | Medium |
| KILO Purpose Gold Bullion Fund ETF | Gold bullion with currency hedging | 16.8% 5-year annualized | 0.23% | Medium |
| CGL iShares Gold Bullion ETF | Gold bullion with currency hedging | 10.9% 10-year annualized | 0.56% | Medium |
| FBTC Fidelity Advantage Bitcoin ETF | Bitcoin | 45.3% 3-year annualized | 0.35% | High |
| BTCC.B Purpose Bitcoin ETF | Bitcoin | 10.5% 5-year annualized | 1.29% | High |
Only funds with at least three full years of history are ranked, so newer gold and crypto ETFs may not appear in this table yet. Compare the asset each fund holds and whether it hedges currency.
Canadian Bank, Dividend and Energy ETFs
Looking for a specific part of the Canadian stock market? The bank, dividend and energy funds below belong in the stock category. We name them to explain each exposure; they are not a separate ranking.
Canadian Bank ETFs
Canadian bank ETFs let you own the big banks in a single trade. HEB and ZEB both hold six large Canadian banks in equal weights, and HEB resets those weights each March and September. ZWB holds bank shares too, but it also sells covered calls on them. The option premiums help pay for its distributions, and in return the fund gives up some of the gains when bank stocks rally. Weigh the strategy alongside the income and the fees. If you would rather own the banks directly, see our comparison of Canadian bank stocks.
Canadian Dividend ETFs
Canadian dividend ETFs focus on dividend-paying companies. XDIV and VDY use different selection and weighting rules. Look at the companies, sector mix and total return as well as the cash paid out; a higher distribution alone does not make a fund better. To pick companies yourself, start with our list of Canadian dividend stocks.
Canadian Energy ETFs
A Canadian energy ETF such as XEG holds energy companies. Its performance reflects business results and energy-sector conditions. Owning producers and pipelines differs from directly tracking the price of oil. For individual producers and pipelines, see Canadian oil stocks.
Buying several funds with the same exposure may add overlap rather than diversification. For example, ZSP, VFV and XUS all provide S&P 500 exposure. Review the companies or assets behind each fund, not only the number of ETFs you own.
Hedged or Unhedged: Currency and Canadian ETFs
Many Canadian-listed ETFs that own foreign shares come in two versions. An unhedged fund lets exchange-rate changes flow through to you: if the US dollar rises against the Canadian dollar, your US shares are worth more in Canadian dollars, and if it falls, they are worth less. A hedged fund, often labelled CAD-hedged, uses currency contracts to remove most of that effect, so its return is close to what the shares earned in their own currency.
Neither version is better in every period. In the US-market pairs shown, unhedged funds had higher annualized returns and lower volatility over the stated 10-year periods. Exchange rates, hedging costs and fund structure can affect results. The comparison below shows the outcomes, but does not isolate how much each factor contributed.
| Exposure | Unhedged ETF | Hedged ETF | Annualized return 10-year annualized | Annual volatility 10-year |
|---|---|---|---|---|
| S&P 500 | VFV | VSP | 16.1% vs 13.8% | 13.2% vs 14.5% |
| S&P 500 | ZSP | ZUE | 16.1% vs 13.7% | 13.1% vs 14.4% |
| S&P 500 | XUS | XSP | 16.0% vs 13.4% | 13.2% vs 14.6% |
| US total market | VUN | VUS | 15.4% vs 13.1% | 13.6% vs 14.9% |
| Nasdaq-100 | HXQ | XQQ | 21.9% vs 19.4% | 18.5% vs 19.2% |
| Developed markets outside North America | XEF | XFH | 9.6% vs 9.9% | 13.8% vs 13.7% |
In each cell, the first figure is the unhedged fund and the second is the hedged fund. For XEF and XFH, over their common 10-year period, XFH had the higher annualized return and XFH had the lower volatility. The result can differ by market and period; currency hedging does not guarantee higher returns or lower volatility.
A hedged fund can suit an investor who wants to reduce currency movements on top of stock-market movements. Currency hedging reduces exchange-rate exposure; it does not remove stock-market risk or make a stock ETF suitable for short-term savings. Over long periods many investors accept currency exposure as part of owning foreign shares. Holding both versions of the same index adds no new underlying companies, but changes your currency exposure.
More about the top ranked funds
HEB Hamilton Champions Canadian Bank Equal-Weight Index ETF
Tracks a Solactive index that holds Canada's six largest banks and resets them to equal weights each March and September.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months |
|---|---|---|---|
| Hamilton ETFs | C$1.27 billion | 6 | 2.8% |
Its adjusted Sharpe score is 1.26, using its 3-year record and a history multiplier of 0.65. With only six holdings in one industry, it is highly concentrated. Bank shares can fall together when credit or housing conditions worsen.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 37.3% | 1.94 | 15.4% |
| 5 years | Not available | Not available | Not available |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
XDIV iShares Core MSCI Canadian Quality Dividend Index ETF
Tracks an MSCI index of Canadian companies with above-average dividend yields that also pass a quality screen, with any one company capped at 10%.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months |
|---|---|---|---|
| iShares | C$6.20 billion | 21 | 3.2% |
Its adjusted Sharpe score is 1.18, using its 5-year record and a history multiplier of 0.80. With about 20 holdings it is concentrated, and more than three-quarters sits in financials and energy. A high yield does not guarantee a high total return.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 28.6% | 2.61 | 8.6% |
| 5 years | 18.4% | 1.47 | 9.8% |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
XDIV fund provider information
FEQT Fidelity All-in-One Equity ETF
An actively managed all-in-one portfolio of twelve Fidelity factor ETFs covering Canadian, US and international stocks, plus a bitcoin allocation of about 3%.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months |
|---|---|---|---|
| Fidelity | C$5.78 billion | 687 | 0.8% |
Its adjusted Sharpe score is 1.10, using its 3-year record and a history multiplier of 0.65. With no bonds, it moves with global stock markets, and the bitcoin sleeve adds volatility. About three-quarters of its exposure is to foreign currencies, unhedged.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 24.5% | 1.70 | 11.5% |
| 5 years | Not available | Not available | Not available |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
FEQT fund provider information
ZUQ BMO MSCI USA High Quality Index ETF
Tracks the MSCI USA Quality Index, about 120 US companies with high return on equity, stable earnings growth and low debt, with each company capped at 5%.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months |
|---|---|---|---|
| BMO | C$1.37 billion | 120 | 0.4% |
Its adjusted Sharpe score is 1.09, using its 10-year record and a history multiplier of 1.00. Technology and health care together are more than half the fund. US-dollar exposure is unhedged.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 23.4% | 1.31 | 14.4% |
| 5 years | 16.2% | 0.88 | 14.9% |
| 10 years | 17.2% | 1.09 | 13.7% |
Unavailable periods are not shortened or estimated.
HXQ Global X Nasdaq-100 Index Corporate Class ETF
Provides Nasdaq-100 exposure through a corporate-class fund. The index covers large non-financial companies listed on Nasdaq.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months |
|---|---|---|---|
| Global X | C$1.96 billion | 102 | 0.0% |
Its adjusted Sharpe score is 1.07, using its 10-year record and a history multiplier of 1.00. This exposure is more concentrated than the entire US stock market. Dividends accrue within the fund rather than being paid as regular distributions.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 29.9% | 1.26 | 19.9% |
| 5 years | 19.4% | 0.81 | 20.8% |
| 10 years | 21.9% | 1.07 | 18.5% |
Unavailable periods are not shortened or estimated.
TPU TD U.S. Equity Index ETF
Tracks the Solactive US Large Cap Index, roughly 500 large US companies weighted by free-float market value.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months |
|---|---|---|---|
| TD Asset Management | C$6.65 billion | 503 | 0.8% |
Its adjusted Sharpe score is 1.05, using its 10-year record and a history multiplier of 1.00. US-dollar exposure is unhedged, so exchange rates affect Canadian-dollar returns. Large technology companies make up about a third of the portfolio.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 25.1% | 1.40 | 14.6% |
| 5 years | 16.0% | 0.90 | 14.3% |
| 10 years | 16.1% | 1.05 | 13.3% |
Unavailable periods are not shortened or estimated.
VFV Vanguard S&P 500 Index ETF
Provides exposure to the S&P 500 through a Canadian-listed fund. It covers large US companies rather than the whole US stock market.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months |
|---|---|---|---|
| Vanguard | C$36.90 billion | 505 | 0.8% |
Its adjusted Sharpe score is 1.05, using its 10-year record and a history multiplier of 1.00. Its US-dollar exposure is unhedged. A low expense ratio does not remove stock-market or exchange-rate risk.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 24.9% | 1.43 | 14.1% |
| 5 years | 16.4% | 0.95 | 13.8% |
| 10 years | 16.1% | 1.05 | 13.2% |
Unavailable periods are not shortened or estimated.
ZSP BMO S&P 500 Index ETF
Provides exposure to the large US companies in the S&P 500 through a Canadian-dollar fund that holds the shares directly.
Also available in US dollars as ZSP.U.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months |
|---|---|---|---|
| BMO | C$26.38 billion | 506 | 0.8% |
Its adjusted Sharpe score is 1.05, using its 10-year record and a history multiplier of 1.00. Its US-dollar exposure is unhedged, so exchange-rate changes can affect Canadian-dollar returns. Technology makes up more than a third of the index.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 24.9% | 1.43 | 14.1% |
| 5 years | 16.4% | 0.94 | 13.9% |
| 10 years | 16.1% | 1.05 | 13.1% |
Unavailable periods are not shortened or estimated.
XUS iShares Core S&P 500 Index ETF
Provides S&P 500 exposure through a Canadian-listed fund, giving access to a broad basket of large US companies.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months |
|---|---|---|---|
| iShares | C$14.06 billion | 504 | 1.1% |
Its adjusted Sharpe score is 1.05, using its 10-year record and a history multiplier of 1.00. Its foreign-equity exposure is unhedged. Large technology companies make up more than a third of the index, so a few names drive much of the result.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 24.8% | 1.40 | 14.4% |
| 5 years | 16.3% | 0.93 | 14.0% |
| 10 years | 16.0% | 1.05 | 13.2% |
Unavailable periods are not shortened or estimated.
HXS Global X S&P 500 Index Corporate Class ETF
Provides S&P 500 exposure through total-return swaps within a corporate-class structure. It holds cash and the swap rather than the index's shares, and pays no regular distributions.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months |
|---|---|---|---|
| Global X | C$7.24 billion | Not reported | 0.0% |
Its adjusted Sharpe score is 1.05, using its 10-year record and a history multiplier of 1.00. Swap exposure adds counterparty considerations. Fund trading costs can sit outside the reported expense ratio, so that ratio alone may understate total ongoing costs.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 24.6% | 1.44 | 13.8% |
| 5 years | 16.1% | 0.94 | 13.7% |
| 10 years | 15.9% | 1.05 | 13.0% |
Unavailable periods are not shortened or estimated.
Income is not the same as return
An ETF can distribute dividends, interest, option-related income, gains or return of capital. A high payout does not necessarily mean a high total return. A zero cash distribution can also be intentional when returns accumulate inside the fund. Compare changes in the investment value as well as the cash paid out. If regular income is your goal, our list of high dividend ETFs in Canada compares payouts alongside total returns.
How we rank the ETFs
We compare established funds using the Sharpe ratio, which measures historical returns above a risk-free benchmark relative to volatility. We use each fund’s longest available complete record, rather than choosing the period with its best result.
| Longest available full history | History multiplier | Ranking score |
|---|---|---|
| 10 years | 1.00 | 10-year Sharpe ratio multiplied by 1.00 |
| 5 years | 0.80 | 5-year Sharpe ratio multiplied by 0.80 |
| 3 years | 0.65 | 3-year Sharpe ratio multiplied by 0.65 |
| Less than 3 years | Not ranked | Insufficient history |
The multiplier gives more weight to a longer record. It produces our adjusted ranking score, not a standard Sharpe statistic or a prediction. Funds use different observation windows, so their rankings can reflect different market environments. We do not average the three periods.
The scores behind the overall top ten
| # | ETF | History | Raw Sharpe | Multiplier | Adjusted score | Annual volatility |
|---|---|---|---|---|---|---|
| 1 | HEB | 3 years | 1.94 | 0.65 | 1.26 | 15.4% |
| 2 | XDIV | 5 years | 1.47 | 0.80 | 1.18 | 9.8% |
| 3 | FEQT | 3 years | 1.70 | 0.65 | 1.10 | 11.5% |
| 4 | ZUQ | 10 years | 1.09 | 1.00 | 1.09 | 13.7% |
| 5 | HXQ | 10 years | 1.07 | 1.00 | 1.07 | 18.5% |
| 6 | TPU | 10 years | 1.05 | 1.00 | 1.05 | 13.3% |
| 7 | VFV | 10 years | 1.05 | 1.00 | 1.05 | 13.2% |
| 8 | ZSP | 10 years | 1.05 | 1.00 | 1.05 | 13.1% |
| 9 | XUS | 10 years | 1.05 | 1.00 | 1.05 | 13.2% |
| 10 | HXS | 10 years | 1.05 | 1.00 | 1.05 | 13.0% |
Ties use longer history, lower reported expenses, larger assets, then ticker. Each category uses the same rules and contains up to five leaders. The overall list contains up to ten.
The ranking excludes leveraged and inverse products, funds without three complete years of history, incomplete performance records and negative selected-period Sharpe ratios.
Beta, liquidity and the limits of the comparison
Beta is sensitivity to a benchmark, not a complete risk measure. In this dataset the benchmark is the S&P/TSX Composite, even for funds investing abroad. A low beta can mean that a fund moves differently from Canadian stocks; it does not necessarily mean its value is stable.
Average daily volume shows the units traded per day on the listing exchange over the source’s 63-trading-day window. It does not capture all venues, the unit price, market-maker capacity or the liquidity of underlying assets. ETF liquidity should not be judged from that number alone.
| ETF | Beta relative to the TSX | Average units traded per day |
|---|---|---|
| HEB | 1.11 | 25,216 |
| XDIV | 0.71 | 176,563 |
| FEQT | 0.88 | 319,397 |
| ZUQ | 0.77 | 8,594 |
| HXQ | 0.92 | 19,365 |
| TPU | 0.82 | 56,560 |
| VFV | 0.80 | 251,648 |
| ZSP | 0.80 | 132,524 |
| XUS | 0.81 | 91,897 |
| HXS | 0.78 | 27,875 |
Beta and trading volume are shown for context and have no scoring weight. Costs and size are also shown without separate weights: expenses are already reflected in performance, and this dataset is already a selected universe of large Canadian-listed funds.
What this comparison does not capture
The dataset may omit smaller funds and funds that closed. Older history can span changes in a fund’s strategy, and portfolio exposures can change after the holdings date. Provider risk labels are broad; a concentrated sector fund can have risks that are not obvious from the label. Sector classifications may differ between providers.
Historical rankings do not establish suitability, future performance, tax outcomes or the right allocation for an individual investor. Consider the role each holding would play in your overall portfolio.
Look up an ETF in our dataset
Not every fund makes the tables above. Choose any ETF from our dataset to see what it holds, how it works, what it costs and how it has performed, along with where it stands in our ranking.
BANK Evolve Canadian Banks and Lifecos Enhanced Yield Index Fund
Tracks a Solactive index of ten large Canadian banks and insurers at equal weight, borrows to hold about 1.25 times its assets in shares, and writes covered calls on up to a third of the portfolio.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| Evolve ETFs | C$1.24 billion | 10 | 14.3% | 0.82% | Medium to High |
Not ranked: leveraged or inverse product.
Leverage magnifies losses as well as gains, and every holding is a financial company. Trading expenses of 0.91% sit on top of the 0.82% MER.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 36.8% | 1.94 | 15.2% |
| 5 years | Not available | Not available | Not available |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
BND Purpose Global Bond Fund ETF
Purpose's team runs a global bond portfolio of government, corporate and securitized debt plus a high-yield sleeve, holding US Treasury bills as a cash reserve. It follows no index.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| Purpose Investments | C$1.09 billion | 643 | 6.1% | 0.43% | Low |
Ranks #139 of 140 ranked funds overall, and #11 in bond ETFs. Its adjusted Sharpe score is 0.11, using its 10-year record and a history multiplier of 1.00.
About a fifth of the book is rated below investment grade, and prices fall when rates rise. Foreign currencies are hedged to Canadian dollars. Before December 2018 it focused on North American investment-grade bonds, so earlier returns reflect a narrower mandate.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 7.1% | 0.89 | 4.1% |
| 5 years | 2.5% | -0.08 | 5.7% |
| 10 years | 2.5% | 0.11 | 6.7% |
Unavailable periods are not shortened or estimated.
BTCC.B Purpose Bitcoin ETF
Holds bitcoin directly and aims to track its price less fees. It tracks no index or benchmark.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| Purpose Investments | C$1.03 billion | 1 | 0.0% | 1.29% | High |
Ranks #128 of 140 ranked funds overall, and #5 in commodity and crypto ETFs. Its adjusted Sharpe score is 0.30, using its 5-year record and a history multiplier of 0.80.
Bitcoin prices can swing very sharply, and these units do not hedge its US-dollar price. The fund carries a High risk rating and a 1.29% MER.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 44.0% | 0.85 | 56.4% |
| 5 years | 10.5% | 0.38 | 55.5% |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
CACB CIBC Active Investment Grade Corporate Bond ETF
An actively managed corporate bond fund in which CIBC chooses the bonds, sector weights and maturity against a FTSE Canadian corporate bond benchmark. Up to 30% may be in foreign issuers.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| CIBC | C$2.51 billion | 253 | 4.6% | 0.38% | Low |
Not ranked: negative Sharpe ratio for its longest full record.
More than half the fund is rated BBB, so company credit matters alongside interest rates. A small share is in foreign-currency bonds.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 6.8% | 0.93 | 3.7% |
| 5 years | 1.9% | -0.20 | 5.5% |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
CASH Global X High Interest Savings ETF
Holds only high-interest deposit accounts at Canadian chartered banks. It follows no index and owns no securities.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| Global X | C$6.64 billion | 5 | 2.0% | 0.11% | Low |
Not ranked: negative Sharpe ratio for its longest full record.
Its yield tracks the rates banks pay, which fall when the Bank of Canada cuts. As an ETF it is not CDIC-insured.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 3.2% | -0.38 | 0.3% |
| 5 years | Not available | Not available | Not available |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
CBIL Global X 0-3 Month T-Bill ETF
Holds Government of Canada treasury bills with under three months to maturity, rolling them as they mature. It follows no index.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| Global X | C$2.93 billion | 8 | 2.2% | 0.11% | Low |
Not ranked: negative Sharpe ratio for its longest full record.
Its yield follows short-term interest rates and falls when the Bank of Canada cuts. Credit risk is minimal, as every bill is issued by the federal government.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 3.3% | -0.12 | 0.3% |
| 5 years | Not available | Not available | Not available |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
CDIV Manulife Smart Dividend ETF
A quantitative screen selects Canadian companies with consistent and growing dividends, and the managers then set the weights. It is measured against the S&P/TSX Composite but does not copy it.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| Manulife Investments | C$1.92 billion | 54 | 2.5% | 0.28% | Medium |
Ranks #34 of 140 ranked funds overall, and #33 in stock ETFs. Its adjusted Sharpe score is 0.86, using its 5-year record and a history multiplier of 0.80.
Financials, energy and materials are more than two-thirds of the fund. Results depend on the manager's process as well as the market.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 25.3% | 2.03 | 9.8% |
| 5 years | 15.0% | 1.08 | 10.6% |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
CDZ iShares S&P/TSX Canadian Dividend Aristocrats Index ETF
Tracks the S&P/TSX Canadian Dividend Aristocrats Index of Canadian companies that have raised their dividends in at least four of the past five years, weighted by dividend yield with an 8% cap per company.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| iShares | C$1.20 billion | 93 | 3.1% | 0.66% | Medium |
Ranks #82 of 140 ranked funds overall, and #74 in stock ETFs. Its adjusted Sharpe score is 0.66, using its 10-year record and a history multiplier of 1.00.
Yield weighting tilts it toward energy, including pipelines, along with financials, industrials and utilities, many of which are sensitive to interest rates.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 20.9% | 1.72 | 9.4% |
| 5 years | 11.2% | 0.79 | 10.3% |
| 10 years | 10.2% | 0.66 | 13.2% |
Unavailable periods are not shortened or estimated.
CGL iShares Gold Bullion ETF
Owns physical gold bullion in international bars and uses forward contracts to hedge gold's US-dollar price back to Canadian dollars.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| iShares | C$2.08 billion | 1 | 0.0% | 0.56% | Medium |
Ranks #99 of 140 ranked funds overall, and #3 in commodity and crypto ETFs. Its adjusted Sharpe score is 0.61, using its 10-year record and a history multiplier of 1.00.
Gold pays no income and can move independently of stocks and bonds for long stretches. Hedging removes most currency effects, so its returns can differ from unhedged gold funds.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 28.2% | 1.31 | 17.8% |
| 5 years | 16.4% | 0.80 | 16.9% |
| 10 years | 10.9% | 0.61 | 15.5% |
Unavailable periods are not shortened or estimated.
CGL.C iShares Gold Bullion ETF
Owns physical gold bullion in international bars stored at the Royal Canadian Mint, aiming to track the gold price less fees.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| iShares | C$770 million | 1 | 0.0% | 0.55% | Medium |
Ranks #61 of 140 ranked funds overall, and #1 in commodity and crypto ETFs. Its adjusted Sharpe score is 0.76, using its 10-year record and a history multiplier of 1.00.
Gold pays no income and can swing for long stretches. The US-dollar exposure is unhedged, so exchange rates add to the gold price moves.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 31.9% | 1.69 | 15.3% |
| 5 years | 20.8% | 1.13 | 15.1% |
| 10 years | 12.7% | 0.76 | 14.7% |
Unavailable periods are not shortened or estimated.
CIAI CI Global Artificial Intelligence ETF
CI's managers pick about 40 global companies involved in developing and applying artificial intelligence, from chipmakers to cloud and data-centre operators. It follows no index.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| CI | C$1.21 billion | 41 | 0.0% | 0.76% | High |
Not ranked: less than three full years of history.
Technology is over 70% of the fund and the US over 80%, so it is concentrated and carries a High risk rating. Foreign currencies are unhedged.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | Not available | Not available | Not available |
| 5 years | Not available | Not available | Not available |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
CIF iShares Global Infrastructure Index ETF
Tracks a Manulife index that uses a quantitative model to select about 60 listed infrastructure companies worldwide, with weights set by an optimizer.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| iShares | C$1.63 billion | 60 | 1.7% | 0.72% | Medium |
Ranks #39 of 140 ranked funds overall, and #38 in stock ETFs. Its adjusted Sharpe score is 0.85, using its 10-year record and a history multiplier of 1.00.
Utilities are about half the fund, so it is sensitive to interest rates. Its foreign-currency exposure is unhedged.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 30.4% | 1.79 | 13.6% |
| 5 years | 20.6% | 1.23 | 13.6% |
| 10 years | 14.1% | 0.85 | 14.5% |
Unavailable periods are not shortened or estimated.
CMR iShares Premium Money Market ETF
Holds Canadian money market instruments such as commercial paper, asset-backed commercial paper and certificates of deposit.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| iShares | C$2.60 billion | 211 | 2.4% | 0.13% | Low |
Ranks #6 of 7 ranked cash and money market ETFs. Cash funds are ranked only within their own category. Its adjusted Sharpe score is 0.07, using its 10-year record and a history multiplier of 1.00.
Its yield follows short-term interest rates. It carries modest credit risk from the issuers it lends to and is not covered by CDIC deposit insurance. Since February 2025 it may also hold asset-backed commercial paper, which its earlier mandate excluded.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 3.5% | 0.30 | 0.3% |
| 5 years | 3.2% | 0.14 | 0.5% |
| 10 years | 2.0% | 0.07 | 0.5% |
Unavailable periods are not shortened or estimated.
CNDX Global X S&P/TSX 60 Index ETF
Tracks the S&P/TSX 60, the 60 largest and most heavily traded companies on the Toronto Stock Exchange, holding the shares directly.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| Global X | C$1.08 billion | 60 | 2.2% | 0.10% | Medium |
Not ranked: less than three full years of history.
Holding only 60 large companies, it leans toward banks, energy and materials and holds no health care companies. The fund started in 2024, so its record is short.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | Not available | Not available | Not available |
| 5 years | Not available | Not available | Not available |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
CPD iShares S&P/TSX Canadian Preferred Share Index ETF
Tracks the S&P/TSX Preferred Share Index, fixed-rate, rate-reset and floating-rate preferred shares listed on the TSX, with each issuer capped at 10%.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| iShares | C$1.10 billion | 148 | 5.2% | 0.50% | Medium |
Ranks #121 of 140 ranked funds overall, and #108 in stock ETFs. Its adjusted Sharpe score is 0.42, using its 10-year record and a history multiplier of 1.00.
Preferred share prices move with interest rates and issuer credit, and financials are over half the fund. Enbridge and Brookfield are each about a tenth.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 17.4% | 1.78 | 7.4% |
| 5 years | 5.3% | 0.26 | 9.7% |
| 10 years | 6.0% | 0.42 | 10.8% |
Unavailable periods are not shortened or estimated.
CQLU CIBC Qx U.S. Low Volatility Dividend ETF
CIBC's quantitative process picks about 90 US dividend payers with lower historical volatility, measured against the S&P 500. It follows no index.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| CIBC | C$1.14 billion | 90 | 1.8% | 0.34% | Medium |
Ranks #115 of 140 ranked funds overall, and #102 in stock ETFs. Its adjusted Sharpe score is 0.46, using its 3-year record and a history multiplier of 0.65.
The portfolio leans toward utilities, real estate and financials and holds almost no technology, so it can lag in tech-led rallies. US-dollar exposure is unhedged.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 10.4% | 0.71 | 10.0% |
| 5 years | Not available | Not available | Not available |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
CSAV CI First Asset High Interest Savings ETF
Holds deposit accounts at Canadian chartered banks plus a small allocation to Government of Canada treasury bills. The manager moves money as posted rates change.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| CI | C$4.46 billion | 7 | 2.1% | 0.15% | Low |
Ranks #5 of 7 ranked cash and money market ETFs. Cash funds are ranked only within their own category. Its adjusted Sharpe score is 0.10, using its 5-year record and a history multiplier of 0.80.
Returns depend on the rates banks pay, which can drop quickly when the Bank of Canada cuts. It is not CDIC-insured despite holding bank deposits.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 3.2% | -0.41 | 0.3% |
| 5 years | 3.2% | 0.13 | 0.4% |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
CUEI CIBC MSCI USA Equity Index ETF
Tracks the MSCI USA Index, large and mid-sized US companies covering about 85% of the US market, weighted by market value.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| CIBC | C$1.62 billion | 529 | 1.0% | 0.06% | Medium |
Ranks #73 of 140 ranked funds overall, and #66 in stock ETFs. Its adjusted Sharpe score is 0.70, using its 5-year record and a history multiplier of 0.80.
US-dollar exposure is unhedged. Technology is more than a third of the fund.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 24.8% | 1.40 | 14.3% |
| 5 years | 15.9% | 0.87 | 14.8% |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
DCBC Desjardins Canadian Corporate Bond Index ETF
Tracks a Solactive index of investment-grade corporate bonds issued in Canadian dollars at every maturity, including Canadian-dollar bonds of foreign companies.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| Desjardins Investments | C$1.61 billion | 1,063 | 4.0% | 0.17% | Low |
Not ranked: less than three full years of history.
It holds only company debt and about 42% is rated BBB, so credit risk matters alongside interest rates. The fund started in 2024, so its record is short.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | Not available | Not available | Not available |
| 5 years | Not available | Not available | Not available |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
DCU Desjardins Canadian Universe Bond Index ETF
Tracks a Solactive index of the broad Canadian investment-grade bond market, from governments, Crown corporations and companies.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| Desjardins Investments | C$2.50 billion | 1,696 | 3.4% | 0.08% | Low |
Not ranked: negative Sharpe ratio for its longest full record.
Bond prices fall when interest rates rise. Close to half the fund is federal government debt, which keeps credit risk low.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 4.7% | 0.32 | 4.2% |
| 5 years | 0.2% | -0.46 | 6.0% |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
DMEC Desjardins Canadian Equity Index ETF
Tracks the Solactive Canada Broad Market Index, about 330 Canadian companies weighted by float-adjusted market value.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| Desjardins Investments | C$2.42 billion | 333 | 2.0% | 0.06% | Medium |
Not ranked: less than three full years of history.
It is limited to Canada and reflects the market's tilt toward financials, materials and energy. The fund started in 2024, so its record is short.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | Not available | Not available | Not available |
| 5 years | Not available | Not available | Not available |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
DMEE Desjardins Emerging Markets Equity Index ETF
Tracks a Solactive index of large and mid-sized companies in emerging markets, including Taiwan, South Korea, China and India.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| Desjardins Investments | C$1.01 billion | 1,009 | 1.5% | 0.29% | Medium |
Not ranked: less than three full years of history.
Emerging markets carry political and currency risk, unhedged here, and Taiwan Semiconductor is about 14% of the fund. The fund started in 2025, so its record is short.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | Not available | Not available | Not available |
| 5 years | Not available | Not available | Not available |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
DMEI Desjardins International Equity Index ETF
Tracks a Solactive index of large and mid-sized companies in Japan, the UK, continental Europe and Australia.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| Desjardins Investments | C$2.55 billion | 894 | 2.2% | 0.23% | Medium |
Not ranked: less than three full years of history.
Foreign currencies are unhedged. The fund started in 2024, so its record is short.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | Not available | Not available | Not available |
| 5 years | Not available | Not available | Not available |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
DMEU Desjardins American Equity Index ETF
Tracks the Solactive GBS United States 500 Index, the 500 largest US companies by free-float market value.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| Desjardins Investments | C$4.63 billion | 507 | 0.9% | 0.06% | Medium |
Not ranked: less than three full years of history.
US-dollar exposure is unhedged, so exchange rates affect Canadian-dollar returns. The fund started in 2024, so its record is short.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | Not available | Not available | Not available |
| 5 years | Not available | Not available | Not available |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
EQL CI Invesco S&P 500 Equal Weight Index ETF
Tracks the S&P 500 Equal Weight Index, holding each S&P 500 company at about the same weight, reset quarterly. It holds the US-listed Invesco S&P 500 Equal Weight ETF (RSP).
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| CI | C$1.98 billion | 503 | 1.3% | 0.26% | Medium |
Ranks #109 of 140 ranked funds overall, and #97 in stock ETFs. Its adjusted Sharpe score is 0.53, using its 5-year record and a history multiplier of 0.80.
Equal weighting reduces the pull of the largest technology companies, so results can differ sharply from the standard S&P 500. US-dollar exposure is unhedged.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 17.7% | 1.18 | 11.7% |
| 5 years | 10.7% | 0.66 | 11.9% |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
EQL.F CI Invesco S&P 500 Equal Weight Index ETF
Tracks the S&P 500 Equal Weight Index hedged to Canadian dollars, holding the US-listed Invesco S&P 500 Equal Weight ETF (RSP).
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| CI | C$1.16 billion | 503 | 1.3% | 0.26% | Medium to High |
Ranks #131 of 140 ranked funds overall, and #114 in stock ETFs. Its adjusted Sharpe score is 0.23, using its 5-year record and a history multiplier of 0.80.
Equal weighting reduces the pull of the largest technology companies, so results can differ sharply from the standard S&P 500. Hedging removes most currency effects.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 14.1% | 0.84 | 12.8% |
| 5 years | 6.4% | 0.29 | 14.2% |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
ESG CI S&P 500 ESG Index ETF
Tracks the S&P 500 Scored & Screened Index, which removes weapons, tobacco, thermal coal and the weakest ESG scorers while keeping sector weights close to the S&P 500.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| CI | C$1.17 billion | 328 | 0.7% | 0.17% | Medium |
Ranks #58 of 140 ranked funds overall, and #54 in stock ETFs. Its adjusted Sharpe score is 0.77, using its 5-year record and a history multiplier of 0.80.
Technology is more than a third of the fund and NVIDIA alone about 13%. US-dollar exposure is unhedged.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 24.5% | 1.40 | 14.2% |
| 5 years | 16.9% | 0.96 | 14.1% |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
FBAL Fidelity All-in-One Balanced ETF
An actively managed all-in-one portfolio that holds 16 Fidelity ETFs. Fidelity sets the mix of stocks, bonds and a small bitcoin allocation.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| Fidelity | C$10.14 billion | 1,955 | 1.5% | 0.40% | Low to Medium |
Ranks #86 of 140 ranked funds overall, and #6 in mixed portfolio ETFs. Its adjusted Sharpe score is 0.64, using its 5-year record and a history multiplier of 0.80.
Results depend on Fidelity's allocation choices as well as markets. The bitcoin sleeve adds volatility; foreign stocks are unhedged while foreign bonds are hedged.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 16.9% | 1.72 | 7.4% |
| 5 years | 9.7% | 0.80 | 8.1% |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
FBTC Fidelity Advantage Bitcoin ETF
Holds bitcoin directly, with nearly all of it kept in cold storage. It tracks no index or benchmark.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| Fidelity | C$1.80 billion | 1 | 0.0% | 0.35% | High |
Ranks #105 of 140 ranked funds overall, and #4 in commodity and crypto ETFs. Its adjusted Sharpe score is 0.57, using its 3-year record and a history multiplier of 0.65.
Bitcoin prices can swing very sharply, and the fund offers no diversification. It is structured as an alternative mutual fund.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 45.3% | 0.87 | 56.4% |
| 5 years | Not available | Not available | Not available |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
FCCB Fidelity Systematic Canadian Bond Index ETF
Tracks a Fidelity index of Canadian-dollar investment-grade bonds that tilts away from short Government of Canada bonds and toward corporate debt, while keeping duration close to the broad market.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| Fidelity | C$4.63 billion | 1,102 | 3.8% | 0.28% | Low |
Not ranked: negative Sharpe ratio for its longest full record.
The corporate tilt adds credit risk compared with a standard Canadian bond index. Prices still fall when interest rates rise.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 5.5% | 0.49 | 4.3% |
| 5 years | 0.7% | -0.36 | 6.3% |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
FCCL Fidelity Canadian Low Volatility Index ETF
Tracks a Fidelity index of Canadian companies whose shares have moved less than the broad market, rebalanced twice a year.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| Fidelity | C$1.12 billion | 67 | 2.1% | 0.38% | Medium |
Ranks #92 of 140 ranked funds overall, and #82 in stock ETFs. Its adjusted Sharpe score is 0.62, using its 5-year record and a history multiplier of 0.80.
Low-volatility stocks can lag in strong rallies, and the sector mix can shift sharply at each rebalance. It holds almost no technology or health care.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 19.5% | 1.66 | 9.0% |
| 5 years | 11.3% | 0.78 | 10.5% |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
FCCM Fidelity Canadian Momentum Index ETF
Tracks a Fidelity index that selects Canadian companies with the strongest recent price and earnings trends, rebalanced quarterly.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| Fidelity | C$1.29 billion | 59 | 0.8% | 0.38% | Medium |
Ranks #20 of 140 ranked funds overall, and #19 in stock ETFs. Its adjusted Sharpe score is 0.94, using its 5-year record and a history multiplier of 0.80.
Momentum holdings can reverse quickly, and the sector mix can change sharply between quarters. Financials are close to 40% of the fund.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 30.5% | 2.16 | 11.2% |
| 5 years | 17.9% | 1.18 | 12.0% |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
FCCQ Fidelity Canadian High Quality Index ETF
Tracks a Fidelity index that selects Canadian companies with strong balance sheets and steady profitability, rebalanced twice a year.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| Fidelity | C$1.14 billion | 59 | 1.5% | 0.39% | Medium |
Ranks #81 of 140 ranked funds overall, and #73 in stock ETFs. Its adjusted Sharpe score is 0.66, using its 5-year record and a history multiplier of 0.80.
Financials and materials are about half the fund, and the screen holds no utilities, real estate, telecoms or health care. The sector mix can shift sharply at each rebalance.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 22.9% | 1.58 | 11.4% |
| 5 years | 13.2% | 0.83 | 12.2% |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
FCCV Fidelity Canadian Value Index ETF
Tracks a Fidelity index that selects Canadian companies trading at attractive valuations, rebalanced twice a year.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| Fidelity | C$1.33 billion | 61 | 1.6% | 0.39% | Medium |
Ranks #64 of 140 ranked funds overall, and #57 in stock ETFs. Its adjusted Sharpe score is 0.76, using its 5-year record and a history multiplier of 0.80.
Financials, materials and energy are about three-quarters of the fund. A value tilt can trail the broad market for long periods.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 24.6% | 1.63 | 12.0% |
| 5 years | 15.6% | 0.95 | 13.0% |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
FCGB Fidelity Global Core Plus Bond ETF
An actively managed global bond fund with a high-quality core, more than half in US Treasuries, plus high-yield, emerging-market and mortgage-backed debt. It is measured against a CAD-hedged global bond index.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| Fidelity | C$1.60 billion | 1,879 | 4.8% | 0.56% | Low |
Not ranked: negative Sharpe ratio for its longest full record.
The lower-rated sleeves add credit risk, and prices fall when rates rise. Foreign currencies are hedged, though the managers may actively manage up to 20% of the currency exposure.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 3.6% | 0.07 | 4.8% |
| 5 years | -0.3% | -0.53 | 6.0% |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
FCGS Fidelity Global Small Cap Opportunities Fund
Fidelity's managers run a high-conviction portfolio of 40 to 80 small companies worldwide. It is measured against the MSCI ACWI Small Cap Index but does not copy it.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| Fidelity | C$5.40 billion | 78 | 0.3% | 1.11% | Medium |
Ranks #94 of 140 ranked funds overall, and #84 in stock ETFs. Its adjusted Sharpe score is 0.62, using its 3-year record and a history multiplier of 0.65.
Small-company shares can be volatile and less liquid, and industrials are about 37% of the fund. Foreign currencies are unhedged, and the MER is 1.11%.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 17.2% | 0.96 | 14.2% |
| 5 years | Not available | Not available | Not available |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
FCIL Fidelity International Low Volatility Index ETF
Tracks a Fidelity index of developed-market companies outside North America whose shares have moved less than the broad market, rebalanced twice a year.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| Fidelity | C$1.31 billion | 91 | 2.2% | 0.50% | Medium |
Ranks #122 of 140 ranked funds overall, and #109 in stock ETFs. Its adjusted Sharpe score is 0.42, using its 5-year record and a history multiplier of 0.80.
Low-volatility stocks can lag in strong rallies, and the screen holds no energy or materials. Foreign currencies are unhedged.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 15.6% | 1.03 | 11.5% |
| 5 years | 9.2% | 0.52 | 12.4% |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
FCIM Fidelity International Momentum Index ETF
Tracks a Fidelity index that selects developed-market companies outside North America with the strongest recent price and earnings trends, rebalanced quarterly.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| Fidelity | C$1.92 billion | 101 | 1.3% | 0.49% | Medium |
Ranks #76 of 140 ranked funds overall, and #69 in stock ETFs. Its adjusted Sharpe score is 0.69, using its 5-year record and a history multiplier of 0.80.
Momentum holdings can reverse quickly, and the sector mix can change sharply between quarters. Foreign currencies are unhedged.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 29.5% | 1.58 | 15.1% |
| 5 years | 17.1% | 0.86 | 16.5% |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
FCIN Fidelity All-International Equity ETF
Holds four Fidelity international factor ETFs (quality, momentum, value and low volatility) at roughly equal weight, reset once a year.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| Fidelity | C$1.29 billion | Not reported | 1.1% | 0.50% | Medium |
Not ranked: less than three full years of history.
Foreign currencies are unhedged, and Japan is about 28% of the fund. It excludes Canada, the US and emerging markets.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | Not available | Not available | Not available |
| 5 years | Not available | Not available | Not available |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
FCIQ Fidelity International High Quality Index ETF
Tracks a Fidelity index that selects developed-market companies outside North America with strong balance sheets and steady profitability, rebalanced twice a year.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| Fidelity | C$2.03 billion | 87 | 1.1% | 0.50% | Medium |
Ranks #127 of 140 ranked funds overall, and #113 in stock ETFs. Its adjusted Sharpe score is 0.30, using its 5-year record and a history multiplier of 0.80.
Japan is about 30% of the fund, and the screen holds no materials, utilities or real estate. Foreign currencies are unhedged.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 17.4% | 0.95 | 14.6% |
| 5 years | 8.2% | 0.38 | 16.2% |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
FCIV Fidelity International Value Index ETF
Tracks a Fidelity index that selects developed-market companies outside North America trading at low valuations, rebalanced twice a year.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| Fidelity | C$2.58 billion | 122 | 2.2% | 0.50% | Medium |
Ranks #100 of 140 ranked funds overall, and #89 in stock ETFs. Its adjusted Sharpe score is 0.61, using its 5-year record and a history multiplier of 0.80.
The value screen leans toward banks, insurers and carmakers and holds little technology. Foreign currencies are unhedged.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 20.9% | 1.07 | 15.9% |
| 5 years | 15.7% | 0.76 | 17.2% |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
FCMO Fidelity U.S. Momentum Index ETF
Tracks a Fidelity index that selects US large and mid-sized companies with the strongest recent price and earnings trends, rebalanced quarterly.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| Fidelity | C$2.47 billion | 100 | 0.3% | 0.38% | Medium |
Ranks #72 of 140 ranked funds overall, and #65 in stock ETFs. Its adjusted Sharpe score is 0.71, using its 5-year record and a history multiplier of 0.80.
Momentum holdings can reverse quickly, and the sector mix can change sharply from one quarter to the next. US-dollar exposure is unhedged.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 34.5% | 1.55 | 18.3% |
| 5 years | 18.6% | 0.89 | 17.5% |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
FCNS Fidelity All-in-One Conservative ETF
An actively managed all-in-one portfolio. Fidelity sets a strategic mix of roughly 40% stocks, 59% bonds and a 1% bitcoin allocation.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| Fidelity | C$2.37 billion | Not reported | 2.0% | 0.39% | Low to Medium |
Ranks #17 of 140 ranked funds overall, and #1 in mixed portfolio ETFs. Its adjusted Sharpe score is 0.98, using its 3-year record and a history multiplier of 0.65.
Mostly bonds, so interest rates matter as much as stock markets. The small bitcoin position adds volatility, and results depend on Fidelity's allocation decisions.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 12.8% | 1.50 | 5.9% |
| 5 years | Not available | Not available | Not available |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
FCUL Fidelity U.S. Low Volatility Index ETF
Tracks a Fidelity index of US large and mid-sized companies whose shares have moved less than the broad market, rebalanced twice a year.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| Fidelity | C$2.20 billion | 96 | 1.4% | 0.38% | Medium |
Ranks #87 of 140 ranked funds overall, and #78 in stock ETFs. Its adjusted Sharpe score is 0.63, using its 5-year record and a history multiplier of 0.80.
Low-volatility stocks can lag in strong rallies, and the screen holds no energy. US-dollar exposure is unhedged.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 14.9% | 1.16 | 9.6% |
| 5 years | 11.3% | 0.79 | 10.3% |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
FCUQ Fidelity U.S. High Quality Index ETF
Tracks a Fidelity index that selects US large and mid-sized companies with strong balance sheets and steady profitability, rebalanced twice a year.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| Fidelity | C$2.84 billion | 96 | 0.7% | 0.38% | Medium |
Ranks #79 of 140 ranked funds overall, and #72 in stock ETFs. Its adjusted Sharpe score is 0.68, using its 5-year record and a history multiplier of 0.80.
Technology is over 40% of the fund, and the screen leaves out energy, utilities and real estate. US-dollar exposure is unhedged.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 18.9% | 1.15 | 13.0% |
| 5 years | 14.1% | 0.85 | 13.0% |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
FCUV Fidelity U.S. Value Index ETF
Tracks a Fidelity index that selects US large and mid-sized companies trading at low valuations, rebalanced twice a year.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| Fidelity | C$4.44 billion | 95 | 1.5% | 0.38% | Medium |
Ranks #19 of 140 ranked funds overall, and #18 in stock ETFs. Its adjusted Sharpe score is 0.97, using its 5-year record and a history multiplier of 0.80.
A value tilt can trail the broad market for long periods, and the sector mix can shift sharply at each rebalance. US-dollar exposure is unhedged.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 25.1% | 1.47 | 13.7% |
| 5 years | 19.9% | 1.21 | 13.3% |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
FEQT Fidelity All-in-One Equity ETF
An actively managed all-in-one portfolio of twelve Fidelity factor ETFs covering Canadian, US and international stocks, plus a bitcoin allocation of about 3%.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| Fidelity | C$5.78 billion | 687 | 0.8% | 0.43% | Medium |
Ranks #3 of 140 ranked funds overall, and #3 in stock ETFs. Its adjusted Sharpe score is 1.10, using its 3-year record and a history multiplier of 0.65.
With no bonds, it moves with global stock markets, and the bitcoin sleeve adds volatility. About three-quarters of its exposure is to foreign currencies, unhedged.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 24.5% | 1.70 | 11.5% |
| 5 years | Not available | Not available | Not available |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
FGRO Fidelity All-in-One Growth ETF
An actively managed all-in-one portfolio. Fidelity sets a strategic mix of roughly 82% stocks, 15% bonds and a 3% bitcoin allocation.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| Fidelity | C$5.32 billion | Not reported | 1.1% | 0.42% | Medium |
Ranks #53 of 140 ranked funds overall, and #3 in mixed portfolio ETFs. Its adjusted Sharpe score is 0.78, using its 5-year record and a history multiplier of 0.80.
Stock-market swings dominate its results, and the bitcoin sleeve adds further volatility. Foreign stocks are unhedged, while the foreign bond sleeves are hedged to Canadian dollars.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 21.8% | 1.71 | 10.0% |
| 5 years | 13.5% | 0.98 | 10.3% |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
FIE iShares Canadian Financial Monthly Income ETF
Built by BlackRock from a model portfolio supplied by Manulife Investment Management. It mixes Canadian financial common shares, preferred shares and bonds, and pays monthly.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| iShares | C$1.34 billion | 26 | 4.4% | 0.74% | Medium |
Ranks #63 of 140 ranked funds overall, and #5 in mixed portfolio ETFs. Its adjusted Sharpe score is 0.76, using its 10-year record and a history multiplier of 1.00.
Despite holding several asset types, it is concentrated in one sector. It can borrow up to 15% of its net assets, although the latest holdings file shows no borrowing.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 27.1% | 2.04 | 10.5% |
| 5 years | 12.8% | 0.80 | 12.1% |
| 10 years | 12.1% | 0.76 | 13.6% |
Unavailable periods are not shortened or estimated.
FINN Fidelity Global Innovators ETF
An actively managed global stock portfolio whose manager selects companies considered innovative or disruptive.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| Fidelity | C$3.01 billion | 113 | 0.0% | 1.09% | Medium to High |
Ranks #14 of 140 ranked funds overall, and #14 in stock ETFs. Its adjusted Sharpe score is 1.01, using its 3-year record and a history multiplier of 0.65.
The result depends on the manager's selections, and Amazon and Nvidia are each about a tenth of the fund. Its 1.09% MER reflects active management.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 47.5% | 1.55 | 25.3% |
| 5 years | Not available | Not available | Not available |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
GLCC Global X Gold Producer Equity Covered Call ETF
Tracks an index of the 20 largest North American-listed gold producers, capped at 10% each, and writes covered calls on part of the portfolio for monthly income.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| Global X | C$613 million | 25 | 11.2% | 0.76% | High |
Ranks #104 of 140 ranked funds overall, and #93 in stock ETFs. Its adjusted Sharpe score is 0.57, using its 10-year record and a history multiplier of 1.00.
Gold miners swing sharply and the fund carries a High risk rating, while selling calls limits upside. Part of the exposure is in unhedged US dollars. Before June 2022 it was an actively managed gold-producer fund that wrote calls on nearly all of its holdings, so earlier returns reflect that strategy.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 47.6% | 1.50 | 26.4% |
| 5 years | 25.2% | 0.81 | 29.2% |
| 10 years | 15.3% | 0.57 | 28.7% |
Unavailable periods are not shortened or estimated.
HBB Global X Canadian Select Universe Bond Index Corporate Class ETF
Provides the return of a Solactive index of Canadian government and corporate bonds through a total return swap inside a corporate-class fund. Interest is not paid out; it compounds in the share price.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| Global X | C$4.09 billion | Not reported | 0.0% | 0.10% | Low |
Not ranked: negative Sharpe ratio for its longest full record.
Returns depend on the swap counterparty as well as bond markets, and prices fall when interest rates rise. About four-fifths of the index is government debt.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 4.4% | 0.25 | 4.5% |
| 5 years | -0.1% | -0.47 | 6.4% |
| 10 years | 1.0% | -0.14 | 5.9% |
Unavailable periods are not shortened or estimated.
HDIV Hamilton Enhanced Canadian Covered Call ETF
Holds about ten Hamilton sector covered-call ETFs and applies direct cash borrowing (~25% leverage) at the top fund level to buy more units. Because a few underlying Hamilton funds also use modest internal leverage, the portfolio carries both direct and layered leverage.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| Hamilton ETFs | C$1.91 billion | Not reported | 9.8% | 0.97% | Medium |
Not ranked: leveraged or inverse product.
Leverage magnifies losses as well as gains, and selling calls limits upside. About half its assets had unhedged US-dollar exposure at the end of 2025, and its borrowing costs are not included in its MER. Top-level cash borrowing introduces margin interest costs and magnifies losses alongside gains. Option writing caps upside during strong market rallies. Until July 1, 2022, it aimed to deliver 1.25 times the return of a covered-call ETF index; it has since been actively managed.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 30.3% | 1.96 | 12.3% |
| 5 years | 18.5% | 1.10 | 13.6% |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
HEB Hamilton Champions Canadian Bank Equal-Weight Index ETF
Tracks a Solactive index that holds Canada's six largest banks and resets them to equal weights each March and September.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| Hamilton ETFs | C$1.27 billion | 6 | 2.8% | 0.05% | Medium to High |
Ranks #1 of 140 ranked funds overall, and #1 in stock ETFs. Its adjusted Sharpe score is 1.26, using its 3-year record and a history multiplier of 0.65.
With only six holdings in one industry, it is highly concentrated. Bank shares can fall together when credit or housing conditions worsen.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 37.3% | 1.94 | 15.4% |
| 5 years | Not available | Not available | Not available |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
HHIS Harvest Diversified High Income Shares ETF
Holds about twenty Harvest single-stock ETFs, each owning one large US company and writing covered calls on part of it. The underlying ETFs borrow about 25% to buy more stock.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| Harvest Portfolios Group | C$2.12 billion | 20 | 27.0% | 1.85% | High |
Not ranked: less than three full years of history.
Leverage magnifies losses as well as gains, and the fund carries a High risk rating. Its 1.85% MER, short record since 2025 and unhedged US-dollar exposure add to the risks.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | Not available | Not available | Not available |
| 5 years | Not available | Not available | Not available |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
HHL Harvest Healthcare Leaders Income ETF
Holds 20 large health care companies at equal weight and writes covered calls on part of the portfolio to fund a monthly distribution. It follows no index.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| Harvest Portfolios Group | C$1.85 billion | 20 | 10.0% | 0.98% | Medium |
Ranks #110 of 140 ranked funds overall, and #98 in stock ETFs. Its adjusted Sharpe score is 0.51, using its 10-year record and a history multiplier of 1.00.
With 20 holdings in one sector it is concentrated, and selling calls caps the upside. These units hedge the US dollar back to Canadian dollars.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 7.2% | 0.36 | 12.1% |
| 5 years | 6.6% | 0.32 | 12.6% |
| 10 years | 7.5% | 0.51 | 11.7% |
Unavailable periods are not shortened or estimated.
HMAX Hamilton Canadian Financials Yield Maximizer ETF
Holds Canadian financial-company shares and uses covered calls to generate option premiums alongside dividends.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| Hamilton ETFs | C$2.46 billion | 10 | 11.9% | 0.77% | Medium |
Ranks #12 of 140 ranked funds overall, and #12 in stock ETFs. Its adjusted Sharpe score is 1.03, using its 3-year record and a history multiplier of 0.65.
Income-oriented distributions do not remove stock-market risk. Selling calls can limit upside, and financial-sector concentration remains important.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 24.2% | 1.59 | 12.1% |
| 5 years | Not available | Not available | Not available |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
HSAV Global X Cash Maximizer Corporate Class ETF
Holds high-interest deposit accounts at Canadian banks inside a corporate-class fund, so interest compounds in the share price instead of being paid out. It follows no index.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| Global X | C$1.94 billion | 3 | 0.0% | 0.20% | Low |
Ranks #7 of 7 ranked cash and money market ETFs. Cash funds are ranked only within their own category. Its adjusted Sharpe score is 0.04, using its 5-year record and a history multiplier of 0.80.
Its return follows the rates banks pay, which fall when the Bank of Canada cuts. As an ETF it is not CDIC-insured, and about 60% sits with one bank.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 2.7% | -0.60 | 1.1% |
| 5 years | 3.2% | 0.05 | 1.1% |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
HSUV.U Global X USD Cash Maximizer Corporate Class ETF
Holds high-interest US-dollar deposit accounts at Canadian banks inside a corporate-class fund, so interest compounds in the share price. It follows no index.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| Global X | C$1.11 billion | 3 | 0.0% | 0.20% | Low |
Not ranked: performance record incomplete.
Returns follow US-dollar deposit rates, and a Canadian-dollar investor carries the full exchange-rate move. It is not CDIC-insured, and about 60% sits with one bank.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | Not available | 1.56 | 0.6% |
| 5 years | Not available | Not available | Not available |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
HXCN Global X S&P/TSX Capped Composite Index Corporate Class ETF
Provides S&P/TSX Capped Composite exposure through a total return swap inside a corporate-class fund, holding cash rather than the shares. It pays no regular distributions.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| Global X | C$2.58 billion | Not reported | 0.0% | 0.06% | Medium |
Ranks #52 of 140 ranked funds overall, and #49 in stock ETFs. Its adjusted Sharpe score is 0.79, using its 5-year record and a history multiplier of 0.80.
Returns depend on the swap counterparty. Trading costs of 0.18% and a swap fee of up to 0.20% sit outside the 0.06% MER.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 25.3% | 1.86 | 10.7% |
| 5 years | 14.5% | 0.99 | 11.3% |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
HXDM Global X Intl Developed Markets Equity Index Corporate Class ETF
Tracks an index of rolled EAFE equity futures through a total return swap inside a corporate-class fund, holding cash rather than shares. It pays no regular distributions.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| Global X | C$1.33 billion | Not reported | 0.0% | 0.22% | Low to Medium |
Ranks #117 of 140 ranked funds overall, and #104 in stock ETFs. Its adjusted Sharpe score is 0.45, using its 5-year record and a history multiplier of 0.80.
Returns depend on the swap counterparty as well as markets, and foreign currencies are unhedged. It excludes Canada, the US and emerging markets.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 18.6% | 1.03 | 14.5% |
| 5 years | 11.1% | 0.56 | 15.3% |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
HXQ Global X Nasdaq-100 Index Corporate Class ETF
Provides Nasdaq-100 exposure through a corporate-class fund. The index covers large non-financial companies listed on Nasdaq.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| Global X | C$1.96 billion | 102 | 0.0% | 0.28% | Medium to High |
Ranks #5 of 140 ranked funds overall, and #5 in stock ETFs. Its adjusted Sharpe score is 1.07, using its 10-year record and a history multiplier of 1.00.
This exposure is more concentrated than the entire US stock market. Dividends accrue within the fund rather than being paid as regular distributions.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 29.9% | 1.26 | 19.9% |
| 5 years | 19.4% | 0.81 | 20.8% |
| 10 years | 21.9% | 1.07 | 18.5% |
Unavailable periods are not shortened or estimated.
HXS Global X S&P 500 Index Corporate Class ETF
Provides S&P 500 exposure through total-return swaps within a corporate-class structure. It holds cash and the swap rather than the index's shares, and pays no regular distributions.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| Global X | C$7.24 billion | Not reported | 0.0% | 0.11% | Medium |
Ranks #10 of 140 ranked funds overall, and #10 in stock ETFs. Its adjusted Sharpe score is 1.05, using its 10-year record and a history multiplier of 1.00.
Swap exposure adds counterparty considerations. Fund trading costs can sit outside the reported expense ratio, so that ratio alone may understate total ongoing costs.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 24.6% | 1.44 | 13.8% |
| 5 years | 16.1% | 0.94 | 13.7% |
| 10 years | 15.9% | 1.05 | 13.0% |
Unavailable periods are not shortened or estimated.
HXT Global X S&P/TSX 60 Index Corporate Class ETF
Provides S&P/TSX 60 exposure through a total return swap inside a corporate-class fund, holding cash rather than the 60 shares. Index dividends stay inside the fund instead of being paid out.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| Global X | C$5.51 billion | Not reported | 0.0% | 0.08% | Medium |
Ranks #28 of 140 ranked funds overall, and #27 in stock ETFs. Its adjusted Sharpe score is 0.89, using its 10-year record and a history multiplier of 1.00.
Returns depend on the swap counterparties honouring their contracts. With only 60 large companies, it leans toward banks, energy and materials.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 24.7% | 1.84 | 10.6% |
| 5 years | 14.3% | 0.97 | 11.3% |
| 10 years | 12.6% | 0.89 | 11.9% |
Unavailable periods are not shortened or estimated.
HYLD Hamilton Enhanced U.S. Covered Call ETF
Holds about nine Hamilton covered call ETFs focused on US stocks and borrows up to about 25% of its value to buy more of them. It follows no index.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| Hamilton ETFs | C$1.24 billion | Not reported | 11.7% | 1.87% | Medium |
Not ranked: leveraged or inverse product.
Leverage magnifies losses as well as gains, and selling calls limits upside. These units hedge the US dollar back to Canadian dollars, and the MER is 1.87%.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 26.4% | 1.23 | 17.8% |
| 5 years | Not available | Not available | Not available |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
IDIV.B Manulife Smart International Dividend ETF
An actively managed portfolio of international companies selected for their ability to keep raising dividends, with weights set by the managers. It is measured against MSCI EAFE but does not copy it.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| Manulife Investments | C$2.36 billion | 95 | 2.7% | 0.40% | Medium |
Ranks #27 of 140 ranked funds overall, and #26 in stock ETFs. Its adjusted Sharpe score is 0.90, using its 3-year record and a history multiplier of 0.65.
International shares add currency and market exposure, unhedged here. The fund started in 2022, so its record is short.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 25.1% | 1.38 | 14.8% |
| 5 years | Not available | Not available | Not available |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
KILO Purpose Gold Bullion Fund ETF
Owns physical gold bars and aims to track the gold price less fees, using forward contracts to hedge the US dollar to Canadian dollars.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| Purpose Investments | C$513 million | 1 | 0.0% | 0.23% | Medium |
Ranks #80 of 140 ranked funds overall, and #2 in commodity and crypto ETFs. Its adjusted Sharpe score is 0.66, using its 5-year record and a history multiplier of 0.80.
Gold pays no income and can swing for long stretches. Hedging removes most currency effects.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 28.4% | 1.33 | 17.7% |
| 5 years | 16.8% | 0.83 | 16.8% |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
MIQE Mackenzie GQE International Equity ETF
Mackenzie's quantitative equity team picks developed-market companies outside North America, combining research with quantitative screens. It is measured against MSCI EAFE but does not copy it.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| Mackenzie Investments | C$1.81 billion | 106 | 0.8% | 0.89% | Medium |
Not ranked: less than three full years of history.
Results depend on the managers' choices, and foreign currencies are unhedged. The fund started in 2024, so its record is short.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | Not available | Not available | Not available |
| 5 years | Not available | Not available | Not available |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
MNY Purpose Cash Management Fund
ETF units of a money market mutual fund that invests in Canadian commercial paper and other short-term debt, with a unit price held near $100.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| Purpose Investments | C$1.85 billion | Not reported | 2.5% | 0.21% | Low |
Ranks #3 of 7 ranked cash and money market ETFs. Cash funds are ranked only within their own category. Its adjusted Sharpe score is 0.44, using its 3-year record and a history multiplier of 0.65.
Commercial paper, much of it asset-backed, carries some credit risk. The yield changes with short-term rates, and the fund is not CDIC-insured.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 3.6% | 0.68 | 0.3% |
| 5 years | Not available | Not available | Not available |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
MUB Mackenzie Unconstrained Bond ETF
Mackenzie's team runs an unconstrained global bond portfolio, moving across countries, credit ratings and instruments including bank loans, and uses derivatives to adjust rate and credit exposure.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| Mackenzie Investments | C$1.03 billion | 706 | 4.4% | 0.55% | Low |
Ranks #138 of 140 ranked funds overall, and #10 in bond ETFs. Its adjusted Sharpe score is 0.12, using its 10-year record and a history multiplier of 1.00.
More than a third is rated below investment grade, so credit risk is significant. Foreign currencies are largely hedged to Canadian dollars.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 4.7% | 0.38 | 3.5% |
| 5 years | 1.3% | -0.37 | 4.6% |
| 10 years | 2.4% | 0.12 | 4.0% |
Unavailable periods are not shortened or estimated.
NHYB NBI High Yield Bond ETF
J.P. Morgan, as sub-advisor, picks below-investment-grade bonds and loans from developed-market companies, mainly in the US. It is measured against a CAD-hedged ICE BofA US high-yield index.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| National Bank Investments | C$1.50 billion | 720 | 5.7% | 0.69% | Low to Medium |
Not ranked: performance record incomplete.
High-yield issuers are more likely to default, and these bonds can fall with stocks in a downturn. The US-dollar exposure is hedged to Canadian dollars.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | Not available | 0.53 | 3.8% |
| 5 years | Not available | Not available | Not available |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
NREA NBI Global Real Assets Income Fund - ETF Series
Nuveen, as sub-advisor, picks listed companies worldwide that own or run utilities, pipelines, airports, toll roads, railways and ports. It is measured against the S&P Global Infrastructure index but does not copy it.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| National Bank Investments | C$1.81 billion | 65 | 1.7% | 0.92% | Medium |
Not ranked: less than three full years of history.
Utilities are about half the fund, so it is sensitive to interest rates, and foreign currencies are unhedged. The fund started in late 2025, so its record is short.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | Not available | Not available | Not available |
| 5 years | Not available | Not available | Not available |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
NSCB NBI Sustainable Canadian Bond ETF
An actively managed Canadian bond fund, run by AlphaFixe Capital, that holds at least 85% in impact bonds whose proceeds fund stated environmental or social projects.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| National Bank Investments | C$2.78 billion | 169 | 3.2% | 0.63% | Low |
Not ranked: negative Sharpe ratio for its longest full record.
Bond prices fall when interest rates rise. The impact screen narrows the choice of bonds, so returns can depart from the broad Canadian bond market.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | Not available | -0.22 | 3.7% |
| 5 years | Not available | Not available | Not available |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
NSCE NBI Sustainable Canadian Equity ETF
An actively managed portfolio of about 30 Canadian companies chosen by Fiera Capital on a sustainability screen. It follows no index.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| National Bank Investments | C$2.24 billion | 30 | 1.1% | 0.69% | Medium |
Ranks #93 of 140 ranked funds overall, and #83 in stock ETFs. Its adjusted Sharpe score is 0.62, using its 5-year record and a history multiplier of 0.80.
With about 30 holdings, results depend heavily on the manager's picks. It leans toward financials and industrials, and up to about 10% may be held abroad.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 15.1% | 1.14 | 9.9% |
| 5 years | 10.5% | 0.78 | 9.5% |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
NUBF NBI Unconstrained Fixed Income ETF
An actively managed global bond fund, sub-advised by J.P. Morgan, free to move across countries, credit ratings and bond types. It is measured against a CAD-hedged global bond index but does not copy it.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| National Bank Investments | C$2.98 billion | 1,312 | 4.6% | 0.88% | Low |
Not ranked: negative Sharpe ratio for its longest full record.
About a third of the fund is rated below investment grade, and it uses swaps heavily. NBI publishes no currency hedging policy.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 4.6% | 0.27 | 4.5% |
| 5 years | 1.0% | -0.34 | 5.8% |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
PDC CI Canadian Dividend Index ETF
Tracks a Nasdaq index of about 45 TSX companies with at least five years of steady or rising dividends, weighted by market value with an 8% cap.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| CI | C$1,000 million | 44 | 3.3% | 0.54% | Medium |
Ranks #66 of 140 ranked funds overall, and #59 in stock ETFs. Its adjusted Sharpe score is 0.74, using its 10-year record and a history multiplier of 1.00.
Financials, energy and utilities are about 80% of the fund. A high yield does not guarantee a high total return.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 25.1% | 1.94 | 10.2% |
| 5 years | 13.8% | 0.93 | 11.3% |
| 10 years | 11.2% | 0.74 | 12.9% |
Unavailable periods are not shortened or estimated.
PSA Purpose High Interest Savings ETF
Holds cash in high-interest deposit accounts at Canadian chartered banks plus Government of Canada treasury bills. It follows no index.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| Purpose Investments | C$3.32 billion | 4 | 2.2% | 0.17% | Low |
Ranks #2 of 7 ranked cash and money market ETFs. Cash funds are ranked only within their own category. Its adjusted Sharpe score is 0.66, using its 10-year record and a history multiplier of 1.00.
Its yield moves with short-term interest rates and the rates banks offer. As an ETF it is not CDIC-insured, and buying or selling can involve trading costs.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 3.4% | -0.06 | 0.3% |
| 5 years | 3.3% | 0.32 | 0.4% |
| 10 years | 2.3% | 0.66 | 0.4% |
Unavailable periods are not shortened or estimated.
PSU.U Purpose US Cash Fund
Holds high-interest US-dollar deposit accounts at Canadian chartered banks, with units trading in US dollars. It follows no index.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| Purpose Investments | C$1.04 billion | 4 | 3.5% | 0.17% | Low |
Ranks #1 of 7 ranked cash and money market ETFs. Cash funds are ranked only within their own category. Its adjusted Sharpe score is 1.22, using its 5-year record and a history multiplier of 0.80.
Returns follow US-dollar deposit rates, and a Canadian-dollar investor carries the full exchange-rate move. It is not CDIC-insured, and two banks hold about 90%.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 4.4% | 4.46 | 0.2% |
| 5 years | 3.9% | 1.53 | 0.5% |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
QAH Mackenzie US Large Cap Equity Index ETF (CAD-Hedged)
Tracks the Solactive US Large Cap Index, roughly 500 large US companies, with the US dollar hedged to Canadian dollars using forward contracts.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| Mackenzie Investments | C$1.26 billion | 507 | 0.9% | 0.07% | Medium |
Ranks #113 of 140 ranked funds overall, and #101 in stock ETFs. Its adjusted Sharpe score is 0.48, using its 5-year record and a history multiplier of 0.80.
Hedging removes most exchange-rate effects, so a weaker Canadian dollar no longer boosts returns. Technology is more than a third of the portfolio.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 22.1% | 1.19 | 15.0% |
| 5 years | 12.1% | 0.60 | 16.3% |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
QBB Mackenzie Canadian Aggregate Bond Index ETF
Tracks a Solactive index of the broad Canadian investment-grade bond market, excluding bonds held by the Bank of Canada, rebalanced monthly.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| Mackenzie Investments | C$1.56 billion | 1,205 | 3.3% | 0.08% | Low |
Not ranked: negative Sharpe ratio for its longest full record.
Bond prices fall when interest rates rise. About 70% is government debt, which keeps credit risk low.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 5.0% | 0.38 | 4.3% |
| 5 years | 0.4% | -0.41 | 6.2% |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
QCN Mackenzie Canadian Equity Index ETF
Tracks the Solactive Canada Broad Market Index, about 330 large and mid-sized Canadian companies weighted by float-adjusted market value.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| Mackenzie Investments | C$6.06 billion | 333 | 2.0% | 0.04% | Medium |
Ranks #55 of 140 ranked funds overall, and #51 in stock ETFs. Its adjusted Sharpe score is 0.78, using its 5-year record and a history multiplier of 0.80.
It is limited to Canada and reflects the market's tilt toward financials and energy.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 25.9% | 1.90 | 10.8% |
| 5 years | 14.7% | 0.97 | 11.7% |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
QDX Mackenzie International Equity Index ETF
Tracks a Solactive index of large and mid-sized companies in Japan, the UK, continental Europe and Australia.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| Mackenzie Investments | C$2.11 billion | 898 | 2.4% | 0.18% | Medium |
Ranks #112 of 140 ranked funds overall, and #100 in stock ETFs. Its adjusted Sharpe score is 0.49, using its 5-year record and a history multiplier of 0.80.
Foreign currencies are unhedged. It leaves out small companies, Canada, the US and emerging markets.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 20.0% | 1.15 | 14.0% |
| 5 years | 11.8% | 0.61 | 15.0% |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
QMAX Hamilton Technology Yield Maximizer ETF
Holds 15 large US technology and technology-linked companies at roughly equal weight and writes covered calls on part of the portfolio to reach a target yield. It follows no index.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| Hamilton ETFs | C$1.12 billion | 15 | 9.3% | 0.77% | Medium |
Not ranked: less than three full years of history.
With 15 holdings in technology-related companies, it is concentrated, and selling calls limits upside. US-dollar exposure is unhedged.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | Not available | Not available | Not available |
| 5 years | Not available | Not available | Not available |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
QQC CI Invesco NASDAQ 100 Index ETF
Tracks the Nasdaq-100 with no currency hedge, by holding the US-listed Invesco NASDAQ 100 ETF (QQQM).
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| CI | C$2.50 billion | 101 | 0.3% | 0.21% | Medium to High |
Ranks #83 of 140 ranked funds overall, and #75 in stock ETFs. Its adjusted Sharpe score is 0.65, using its 5-year record and a history multiplier of 0.80.
The index is concentrated in large technology companies and excludes financials. US-dollar exposure is unhedged.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 29.9% | 1.26 | 19.9% |
| 5 years | 19.3% | 0.81 | 20.9% |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
QQC.F CI Invesco NASDAQ 100 Index ETF
Tracks the Nasdaq-100 with its US-dollar exposure hedged to Canadian dollars, holding the US-listed Invesco NASDAQ 100 ETF (QQQM).
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| CI | C$1.64 billion | 101 | 0.3% | 0.21% | Medium to High |
Ranks #22 of 140 ranked funds overall, and #21 in stock ETFs. Its adjusted Sharpe score is 0.94, using its 10-year record and a history multiplier of 1.00.
The index is concentrated in large technology companies and excludes financials. Hedging means a weaker Canadian dollar no longer boosts returns.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 26.1% | 1.07 | 20.7% |
| 5 years | 14.8% | 0.59 | 22.4% |
| 10 years | 19.6% | 0.94 | 19.0% |
Unavailable periods are not shortened or estimated.
QQCE CI ESG NASDAQ 100 Index ETF
Tracks the Nasdaq-100 ESG Index, which removes Nasdaq-100 companies with high ESG risk or severe controversies and tilts the weights by ESG score.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| CI | C$1.17 billion | 89 | 0.2% | 0.21% | Medium to High |
Ranks #46 of 140 ranked funds overall, and #43 in stock ETFs. Its adjusted Sharpe score is 0.83, using its 3-year record and a history multiplier of 0.65.
Technology is over 60% of the fund, so it is concentrated in one sector. US-dollar exposure is unhedged.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 31.0% | 1.27 | 20.5% |
| 5 years | Not available | Not available | Not available |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
QQQX Global X NASDAQ-100 Index ETF
Tracks the Nasdaq-100, the 100 largest non-financial companies on the Nasdaq Stock Market, holding the shares directly with no currency hedge.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| Global X | C$2.86 billion | 102 | 0.3% | 0.16% | Medium to High |
Not ranked: less than three full years of history.
Technology is about 60% of the fund, so it is concentrated in one sector. US-dollar exposure is unhedged, and the fund started in 2024.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | Not available | Not available | Not available |
| 5 years | Not available | Not available | Not available |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
QUU Mackenzie US Large Cap Equity Index ETF
Tracks the Solactive US Large Cap Index, roughly 500 large US companies, reconstituted twice a year.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| Mackenzie Investments | C$7.52 billion | 512 | 0.9% | 0.07% | Medium |
Ranks #67 of 140 ranked funds overall, and #60 in stock ETFs. Its adjusted Sharpe score is 0.73, using its 5-year record and a history multiplier of 0.80.
US-dollar exposure is unhedged. Technology is more than a third of the portfolio, so a handful of very large companies drive much of the result.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 25.4% | 1.41 | 14.6% |
| 5 years | 16.1% | 0.91 | 14.2% |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
RCDB RBC Canadian Discount Bond ETF
RBC's managers buy Canadian government and corporate bonds trading below par, so more of the return arrives as capital gains at maturity rather than as interest. It follows no index.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| RBC Global Asset Management | C$1.43 billion | 112 | 2.3% | 0.17% | Low |
Not ranked: negative Sharpe ratio for its longest full record.
Prices fall when interest rates rise, though duration near 2.7 years keeps that modest. The tax advantage applies only in taxable accounts.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 4.9% | 0.83 | 1.8% |
| 5 years | 2.2% | -0.34 | 2.5% |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
SITB Scotia Canadian Bond Index Tracker ETF
Tracks a Solactive index of liquid Canadian investment-grade government and corporate bonds, excluding maple bonds from foreign issuers.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| Scotia Bank | C$2.71 billion | 1,746 | 3.3% | 0.09% | Low |
Not ranked: negative Sharpe ratio for its longest full record.
Bond prices fall when interest rates rise. About three-quarters of the fund is federal and provincial government debt.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 4.7% | 0.30 | 4.5% |
| 5 years | 0.3% | -0.44 | 6.1% |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
SITI Scotia International Equity Index Tracker ETF
Tracks a Solactive index of large and mid-sized companies in Japan, the UK, continental Europe and Australia.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| Scotia Bank | C$1.17 billion | 910 | 2.3% | 0.22% | Medium |
Ranks #111 of 140 ranked funds overall, and #99 in stock ETFs. Its adjusted Sharpe score is 0.50, using its 5-year record and a history multiplier of 0.80.
Foreign currencies are unhedged. It leaves out small companies, Canada, the US and emerging markets.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 20.0% | 1.17 | 13.7% |
| 5 years | 11.8% | 0.63 | 14.7% |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
SITU Scotia US Equity Index Tracker ETF
Tracks the Solactive GBS United States 500 Index, the 500 largest US companies by free-float market value. Despite its name, it is a large-cap fund, not a total-market fund.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| Scotia Bank | C$4.64 billion | 510 | 1.0% | 0.08% | Medium |
Ranks #68 of 140 ranked funds overall, and #61 in stock ETFs. Its adjusted Sharpe score is 0.73, using its 5-year record and a history multiplier of 0.80.
US-dollar exposure is unhedged. Technology makes up more than a third of the portfolio.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 25.2% | 1.41 | 14.5% |
| 5 years | 16.0% | 0.91 | 14.2% |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
SMAX Hamilton U.S. Equity Yield Maximizer ETF
Holds about 25 large US companies at roughly equal weight and writes covered calls on part of the portfolio to reach a target yield. It follows no index.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| Hamilton ETFs | C$1.16 billion | 25 | 9.8% | 0.76% | Medium |
Not ranked: less than three full years of history.
Selling calls limits upside, and a high distribution does not guarantee a high total return. US-dollar exposure is unhedged.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | Not available | Not available | Not available |
| 5 years | Not available | Not available | Not available |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
TCSH TD Cash Management ETF
TD's managers hold short-term Canadian money market securities maturing within about a year, mostly bank-sponsored asset-backed commercial paper plus bank deposit notes. It follows no index.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| TD Asset Management | C$1.41 billion | 179 | 2.5% | 0.17% | Low |
Not ranked: less than three full years of history.
About 70% is asset-backed commercial paper, so it carries some credit risk. Its yield follows short-term rates, and the fund is not CDIC-insured.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | Not available | Not available | Not available |
| 5 years | Not available | Not available | Not available |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
TDB TD Canadian Aggregate Bond Index ETF
Tracks a Solactive index of the broad Canadian investment-grade bond market, from federal, provincial, municipal and corporate borrowers.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| TD Asset Management | C$4.32 billion | 1,583 | 3.5% | 0.08% | Low |
Not ranked: negative Sharpe ratio for its longest full record.
Bond prices fall when interest rates rise. Close to half the fund is federal government debt, so credit risk is low but rate risk is meaningful.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 4.8% | 0.35 | 4.2% |
| 5 years | 0.4% | -0.41 | 6.1% |
| 10 years | 1.3% | -0.10 | 5.8% |
Unavailable periods are not shortened or estimated.
TEC TD Global Technology Leaders Index ETF
Tracks a Solactive index of technology companies in developed markets with at least $1 billion of free float. There is no fixed number of holdings.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| TD Asset Management | C$5.56 billion | 241 | 0.1% | 0.39% | Medium to High |
Ranks #101 of 140 ranked funds overall, and #90 in stock ETFs. Its adjusted Sharpe score is 0.59, using its 5-year record and a history multiplier of 0.80.
Holding one sector, it can swing sharply, and its three largest holdings are each about a tenth of the fund. Nearly all of its exposure is in foreign currencies, unhedged.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 32.4% | 1.22 | 22.5% |
| 5 years | 19.1% | 0.74 | 23.3% |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
TGED TD Active Global Enhanced Dividend ETF
TD's managers pick dividend-paying companies in developed markets and write covered calls and cash-secured puts on part of the portfolio for extra income. It is measured against MSCI World.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| TD Asset Management | C$1.78 billion | 56 | 3.5% | 0.71% | Medium |
Ranks #89 of 140 ranked funds overall, and #80 in stock ETFs. Its adjusted Sharpe score is 0.63, using its 5-year record and a history multiplier of 0.80.
About two-thirds of the fund is in the US, and foreign currencies are unhedged. Option writing limits upside in strong markets.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 24.6% | 1.22 | 16.6% |
| 5 years | 15.3% | 0.79 | 15.9% |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
TPE TD International Equity Index ETF
Tracks a Solactive index of large and mid-sized companies in developed markets outside Canada and the US.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| TD Asset Management | C$5.78 billion | 903 | 2.1% | 0.19% | Medium |
Ranks #95 of 140 ranked funds overall, and #85 in stock ETFs. Its adjusted Sharpe score is 0.62, using its 10-year record and a history multiplier of 1.00.
Foreign currencies are unhedged. Trading costs of 0.16% sit on top of the 0.19% MER, so the all-in cost is higher than the MER suggests.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 19.9% | 1.12 | 14.3% |
| 5 years | 11.8% | 0.61 | 15.0% |
| 10 years | 9.8% | 0.62 | 13.4% |
Unavailable periods are not shortened or estimated.
TPU TD U.S. Equity Index ETF
Tracks the Solactive US Large Cap Index, roughly 500 large US companies weighted by free-float market value.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| TD Asset Management | C$6.65 billion | 503 | 0.8% | 0.07% | Medium |
Ranks #6 of 140 ranked funds overall, and #6 in stock ETFs. Its adjusted Sharpe score is 1.05, using its 10-year record and a history multiplier of 1.00.
US-dollar exposure is unhedged, so exchange rates affect Canadian-dollar returns. Large technology companies make up about a third of the portfolio.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 25.1% | 1.40 | 14.6% |
| 5 years | 16.0% | 0.90 | 14.3% |
| 10 years | 16.1% | 1.05 | 13.3% |
Unavailable periods are not shortened or estimated.
TQCD TD Q Canadian Dividend ETF
TD runs a quantitative process to select Canadian dividend-paying companies and measures the result against the S&P/TSX Composite. It follows no index.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| TD Asset Management | C$3.71 billion | 79 | 2.9% | 0.39% | Medium |
Ranks #21 of 140 ranked funds overall, and #20 in stock ETFs. Its adjusted Sharpe score is 0.94, using its 5-year record and a history multiplier of 0.80.
Results depend on the manager's process as well as the market, and the fund leans toward financials, energy and materials. A small slice in US and global stocks adds some currency exposure.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 27.3% | 1.94 | 11.2% |
| 5 years | 17.5% | 1.18 | 11.6% |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
TQGM TD Q Global Multifactor ETF
TD's quantitative team selects about 400 stocks worldwide with a multifactor model and an optimized portfolio build, measured against MSCI World. It follows no index.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| TD Asset Management | C$1.57 billion | 408 | 1.2% | 0.45% | Low to Medium |
Ranks #40 of 140 ranked funds overall, and #39 in stock ETFs. Its adjusted Sharpe score is 0.85, using its 5-year record and a history multiplier of 0.80.
Results depend on the model as well as markets, and foreign currencies are unhedged. The US is just over half of the fund.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 23.9% | 1.82 | 10.3% |
| 5 years | 14.1% | 1.06 | 10.0% |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
TQSM TD Q U.S. Small-Mid-Cap Equity ETF
TD's quantitative team selects about 300 US small and mid-sized companies with a rules-driven model, measured against the S&P MidCap 400 and SmallCap 600. It follows no index.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| TD Asset Management | C$1.11 billion | 295 | 0.7% | 0.45% | Medium |
Ranks #88 of 140 ranked funds overall, and #79 in stock ETFs. Its adjusted Sharpe score is 0.63, using its 5-year record and a history multiplier of 0.80.
Smaller companies tend to be more volatile and more sensitive to the economy. US-dollar exposure is unhedged.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 17.6% | 0.96 | 14.6% |
| 5 years | 13.8% | 0.79 | 13.7% |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
TTP TD Canadian Equity Index ETF
Tracks the Solactive Canada Broad Market Index, about 330 Canadian companies weighted by float-adjusted market value.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| TD Asset Management | C$6.52 billion | 329 | 1.9% | 0.05% | Medium |
Ranks #37 of 140 ranked funds overall, and #36 in stock ETFs. Its adjusted Sharpe score is 0.85, using its 10-year record and a history multiplier of 1.00.
It is limited to Canada and reflects the market's tilt toward financials and energy.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 25.1% | 1.82 | 10.9% |
| 5 years | 14.6% | 0.97 | 11.6% |
| 10 years | 12.3% | 0.85 | 12.3% |
Unavailable periods are not shortened or estimated.
UMAX Hamilton Utilities Yield Maximizer ETF
Holds 13 Canadian utility, telecom, pipeline and railway companies at roughly equal weight and writes covered calls to reach a target yield. It follows no index.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| Hamilton ETFs | C$1.40 billion | 13 | 15.3% | 0.77% | Medium |
Ranks #123 of 140 ranked funds overall, and #110 in stock ETFs. Its adjusted Sharpe score is 0.39, using its 3-year record and a history multiplier of 0.65.
Selling calls limits upside, and a high distribution does not guarantee a high total return. With 13 holdings, the fund is concentrated.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 8.4% | 0.60 | 8.6% |
| 5 years | Not available | Not available | Not available |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
VAB Vanguard Canadian Aggregate Bond Index ETF
Tracks a Bloomberg index of the Canadian investment-grade bond market, rebalanced monthly.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| Vanguard | C$7.63 billion | 1,307 | 3.5% | 0.08% | Low |
Not ranked: negative Sharpe ratio for its longest full record.
Prices fall when interest rates rise. It is dominated by government debt, so it offers little credit risk but meaningful rate risk.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 4.8% | 0.35 | 4.3% |
| 5 years | 0.2% | -0.42 | 6.4% |
| 10 years | 1.2% | -0.11 | 5.8% |
Unavailable periods are not shortened or estimated.
VBAL Vanguard Balanced ETF Portfolio
An all-in-one portfolio that holds seven Vanguard ETFs at a target of roughly 60% stocks and 40% bonds.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| Vanguard | C$5.95 billion | 13,725 | 2.1% | 0.22% | Low to Medium |
Ranks #114 of 140 ranked funds overall, and #8 in mixed portfolio ETFs. Its adjusted Sharpe score is 0.48, using its 5-year record and a history multiplier of 0.80.
Bonds soften stock swings but add interest-rate risk. Foreign stocks are unhedged; the two foreign bond funds are hedged to Canadian dollars.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 15.7% | 1.54 | 7.6% |
| 5 years | 8.1% | 0.60 | 8.4% |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
VBG Vanguard Global ex-U.S. Aggregate Bond Index ETF (CAD-hedged)
Tracks a Bloomberg index of investment-grade bonds issued in currencies other than the US dollar, from Europe, Japan, the UK and others, hedged to Canadian dollars.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| Vanguard | C$1.55 billion | 6,797 | 3.8% | 0.20% | Low |
Not ranked: negative Sharpe ratio for its longest full record.
Prices fall when global interest rates rise. Hedging removes most currency effects, leaving returns driven by foreign bond markets.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 1.7% | -0.45 | 3.5% |
| 5 years | -1.8% | -0.91 | 5.2% |
| 10 years | -0.1% | -0.44 | 4.4% |
Unavailable periods are not shortened or estimated.
VBU Vanguard U.S. Aggregate Bond Index ETF (CAD-hedged)
Tracks a Bloomberg index of the US investment-grade bond market, covering Treasuries, agency mortgage-backed securities and corporate bonds, hedged to Canadian dollars.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| Vanguard | C$1.90 billion | 11,421 | 3.8% | 0.21% | Low |
Not ranked: negative Sharpe ratio for its longest full record.
Prices fall when US interest rates rise. Close to half the fund is US Treasuries, and hedging removes most currency effects.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 2.7% | -0.13 | 4.3% |
| 5 years | -1.8% | -0.75 | 6.3% |
| 10 years | 0.1% | -0.33 | 5.3% |
Unavailable periods are not shortened or estimated.
VCE Vanguard FTSE Canada Index ETF
Tracks the FTSE Canada Domestic Index, the large and mid-sized companies legally registered in Canada.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| Vanguard | C$3.66 billion | 86 | 2.1% | 0.05% | Medium |
Ranks #26 of 140 ranked funds overall, and #25 in stock ETFs. Its adjusted Sharpe score is 0.90, using its 10-year record and a history multiplier of 1.00.
It is limited to Canada and leans toward financials, energy and materials, with no health care holdings.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 25.2% | 1.87 | 10.7% |
| 5 years | 14.8% | 1.02 | 11.2% |
| 10 years | 12.8% | 0.90 | 12.0% |
Unavailable periods are not shortened or estimated.
VCN Vanguard FTSE Canada All Cap Index ETF
Tracks the FTSE Canada All Cap Domestic Index, covering large, mid and small Canadian companies.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| Vanguard | C$17.47 billion | 215 | 2.1% | 0.05% | Medium |
Ranks #36 of 140 ranked funds overall, and #35 in stock ETFs. Its adjusted Sharpe score is 0.85, using its 10-year record and a history multiplier of 1.00.
It is limited to one country and carries the Canadian market's concentration in financials, materials and energy.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 25.3% | 1.84 | 10.8% |
| 5 years | 14.7% | 1.00 | 11.4% |
| 10 years | 12.3% | 0.85 | 12.3% |
Unavailable periods are not shortened or estimated.
VDY Vanguard FTSE Canadian High Dividend Yield Index ETF
Tracks a FTSE index of Canadian companies with higher forecast dividend yields, selected until they make up half of the eligible market's value, reviewed once a year.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| Vanguard | C$8.87 billion | 60 | 3.0% | 0.22% | Medium |
Ranks #33 of 140 ranked funds overall, and #32 in stock ETFs. Its adjusted Sharpe score is 0.87, using its 10-year record and a history multiplier of 1.00.
Selecting for yield puts close to 90% of the fund in financials and energy. A high payout does not guarantee a high total return.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 29.4% | 2.14 | 10.9% |
| 5 years | 17.5% | 1.16 | 11.9% |
| 10 years | 14.0% | 0.87 | 14.1% |
Unavailable periods are not shortened or estimated.
VEE Vanguard FTSE Emerging Markets All Cap Index ETF
Tracks a FTSE index of more than 6,000 emerging-market companies of all sizes, including shares listed on mainland Chinese exchanges.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| Vanguard | C$4.72 billion | 6,319 | 1.5% | 0.24% | Medium |
Ranks #116 of 140 ranked funds overall, and #103 in stock ETFs. Its adjusted Sharpe score is 0.46, using its 10-year record and a history multiplier of 1.00.
Emerging markets carry political and currency risk, unhedged here. Taiwan and China together make up more than half of the fund.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 19.5% | 1.02 | 15.5% |
| 5 years | 8.7% | 0.43 | 14.4% |
| 10 years | 7.8% | 0.46 | 14.0% |
Unavailable periods are not shortened or estimated.
VEF Vanguard FTSE Developed All Cap ex U.S. Index ETF (CAD-hedged)
Tracks a FTSE index of developed-market companies of all sizes outside the US, including Canada and South Korea, hedged to Canadian dollars. It holds the US-listed Vanguard FTSE Developed Markets ETF (VEA).
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| Vanguard | C$1.31 billion | 3,895 | 1.9% | 0.21% | Medium |
Ranks #75 of 140 ranked funds overall, and #68 in stock ETFs. Its adjusted Sharpe score is 0.69, using its 10-year record and a history multiplier of 1.00.
Hedging removes most exchange-rate effects, so returns reflect local stock markets. It does not include the US or emerging markets.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 19.3% | 1.18 | 12.9% |
| 5 years | 12.5% | 0.72 | 13.3% |
| 10 years | 10.8% | 0.69 | 13.2% |
Unavailable periods are not shortened or estimated.
VEQT Vanguard All-Equity ETF Portfolio
An all-in-one stock portfolio that holds four index funds: about 45% US, 30% Canada, 18% international developed and the rest emerging markets.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| Vanguard | C$17.67 billion | 13,725 | 1.2% | 0.22% | Medium |
Ranks #71 of 140 ranked funds overall, and #64 in stock ETFs. Its adjusted Sharpe score is 0.71, using its 5-year record and a history multiplier of 0.80.
With no bonds, it rises and falls with global stock markets. Around 70% of its exposure is to foreign currencies, unhedged.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 23.8% | 1.60 | 11.9% |
| 5 years | 13.9% | 0.89 | 12.1% |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
VFV Vanguard S&P 500 Index ETF
Provides exposure to the S&P 500 through a Canadian-listed fund. It covers large US companies rather than the whole US stock market.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| Vanguard | C$36.90 billion | 505 | 0.8% | 0.08% | Medium |
Ranks #7 of 140 ranked funds overall, and #7 in stock ETFs. Its adjusted Sharpe score is 1.05, using its 10-year record and a history multiplier of 1.00.
Its US-dollar exposure is unhedged. A low expense ratio does not remove stock-market or exchange-rate risk.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 24.9% | 1.43 | 14.1% |
| 5 years | 16.4% | 0.95 | 13.8% |
| 10 years | 16.1% | 1.05 | 13.2% |
Unavailable periods are not shortened or estimated.
VGG Vanguard U.S. Dividend Appreciation Index ETF
Tracks an S&P index of US companies that have raised their dividend every year for at least ten years, leaving out the highest-yielding quarter and capping each company at 4%.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| Vanguard | C$2.58 billion | 333 | 1.0% | 0.29% | Medium |
Ranks #13 of 140 ranked funds overall, and #13 in stock ETFs. Its adjusted Sharpe score is 1.01, using its 10-year record and a history multiplier of 1.00.
Its distribution yield is modest because the screen targets dividend growth rather than high payouts. US-dollar exposure is unhedged. Tracked the NASDAQ US Dividend Achievers Select Index until September 2021, so earlier returns reflect a different selection of dividend-growth stocks.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 18.3% | 1.28 | 11.1% |
| 5 years | 12.8% | 0.87 | 11.1% |
| 10 years | 13.4% | 1.01 | 11.1% |
Unavailable periods are not shortened or estimated.
VGH Vanguard U.S. Dividend Appreciation Index ETF (CAD-hedged)
Tracks an S&P index of US companies that have raised their dividend for at least ten years, leaving out the highest-yielding quarter, hedged to Canadian dollars. It holds the US-listed Vanguard Dividend Appreciation ETF (VIG).
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| Vanguard | C$1.02 billion | 333 | 1.1% | 0.29% | Medium |
Ranks #54 of 140 ranked funds overall, and #50 in stock ETFs. Its adjusted Sharpe score is 0.78, using its 10-year record and a history multiplier of 1.00.
Its distribution yield is modest because the screen targets dividend growth rather than high payouts. Hedging removes most currency effects. Tracked the NASDAQ US Dividend Achievers Select Index until September 2021, so earlier returns reflect a different selection of dividend-growth stocks.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 14.7% | 0.96 | 11.6% |
| 5 years | 8.5% | 0.46 | 13.0% |
| 10 years | 11.3% | 0.78 | 12.2% |
Unavailable periods are not shortened or estimated.
VGRO Vanguard Growth ETF Portfolio
An all-in-one portfolio that holds seven Vanguard ETFs at a target of roughly 80% stocks and 20% bonds.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| Vanguard | C$10.96 billion | 13,729 | 1.8% | 0.22% | Low to Medium |
Ranks #91 of 140 ranked funds overall, and #7 in mixed portfolio ETFs. Its adjusted Sharpe score is 0.62, using its 5-year record and a history multiplier of 0.80.
Mostly stocks, so market drops will show. Foreign stocks are unhedged; the two foreign bond funds are hedged to Canadian dollars.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 19.8% | 1.58 | 9.7% |
| 5 years | 11.1% | 0.78 | 10.2% |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
VIDY Vanguard FTSE Developed ex North America High Dividend Yield Index ETF
Tracks a FTSE index of large and mid-sized dividend-paying companies in developed markets outside Canada and the US, excluding REITs and reviewed once a year.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| Vanguard | C$2.23 billion | 629 | 2.9% | 0.31% | Medium |
Ranks #65 of 140 ranked funds overall, and #58 in stock ETFs. Its adjusted Sharpe score is 0.74, using its 5-year record and a history multiplier of 0.80.
Financials are more than 40% of the fund, and foreign currencies are unhedged. A high yield does not guarantee a high total return.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 24.4% | 1.37 | 14.4% |
| 5 years | 16.9% | 0.93 | 14.8% |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
VIU Vanguard FTSE Developed All Cap ex North America Index ETF
Tracks a FTSE index of about 3,700 companies of all sizes in developed markets outside Canada and the US, with South Korea counted as developed.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| Vanguard | C$11.59 billion | 3,659 | 2.2% | 0.21% | Medium |
Ranks #90 of 140 ranked funds overall, and #81 in stock ETFs. Its adjusted Sharpe score is 0.63, using its 10-year record and a history multiplier of 1.00.
Its foreign-currency exposure is unhedged. It does not include emerging markets.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 22.1% | 1.25 | 14.3% |
| 5 years | 12.5% | 0.65 | 15.1% |
| 10 years | 10.1% | 0.63 | 13.8% |
Unavailable periods are not shortened or estimated.
VSB Vanguard Canadian Short-Term Bond Index ETF
Tracks a Bloomberg index of Canadian government and corporate bonds with one to five years to maturity, rebalanced monthly.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| Vanguard | C$1.97 billion | 584 | 3.0% | 0.10% | Low |
Not ranked: negative Sharpe ratio for its longest full record.
Short maturities keep interest-rate sensitivity low, but income falls when rates fall. About half the fund is federal government and agency debt.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 4.7% | 0.73 | 1.8% |
| 5 years | 2.0% | -0.40 | 2.6% |
| 10 years | 1.9% | -0.03 | 2.2% |
Unavailable periods are not shortened or estimated.
VSC Vanguard Canadian Short-Term Corporate Bond Index ETF
Tracks a Bloomberg index of investment-grade corporate bonds issued in Canadian dollars with one to five years to maturity.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| Vanguard | C$1.66 billion | 457 | 3.8% | 0.10% | Low |
Ranks #130 of 140 ranked funds overall, and #4 in bond ETFs. Its adjusted Sharpe score is 0.24, using its 10-year record and a history multiplier of 1.00.
Corporate-only holdings add credit risk compared with a broad bond fund. Foreign issuers in the index sell bonds in Canadian dollars, so there is no currency risk.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 5.9% | 1.27 | 1.9% |
| 5 years | 2.8% | -0.11 | 2.8% |
| 10 years | 2.7% | 0.24 | 2.9% |
Unavailable periods are not shortened or estimated.
VSP Vanguard S&P 500 Index ETF (CAD-hedged)
Tracks the S&P 500 and hedges its US-dollar exposure back to Canadian dollars.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| Vanguard | C$6.43 billion | 504 | 0.8% | 0.08% | Medium |
Ranks #43 of 140 ranked funds overall, and #41 in stock ETFs. Its adjusted Sharpe score is 0.83, using its 10-year record and a history multiplier of 1.00.
Hedging removes most exchange-rate effects, so a weaker Canadian dollar no longer boosts returns. Technology makes up more than a third of the index.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 21.2% | 1.15 | 14.9% |
| 5 years | 11.8% | 0.59 | 15.8% |
| 10 years | 13.8% | 0.83 | 14.5% |
Unavailable periods are not shortened or estimated.
VUN Vanguard Morningstar U.S. Total Market Index ETF
Tracks a Morningstar index of roughly 3,500 US companies of every size, weighted by market value.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| Vanguard | C$20.66 billion | 3,515 | 0.8% | 0.16% | Medium |
Ranks #16 of 140 ranked funds overall, and #16 in stock ETFs. Its adjusted Sharpe score is 0.98, using its 10-year record and a history multiplier of 1.00.
Its US-dollar exposure is unhedged, so exchange rates affect Canadian-dollar returns. Large technology companies still drive much of the result.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 24.3% | 1.38 | 14.2% |
| 5 years | 15.0% | 0.85 | 14.1% |
| 10 years | 15.4% | 0.98 | 13.6% |
Unavailable periods are not shortened or estimated.
VUS Vanguard Morningstar U.S. Total Market Index ETF (CAD-hedged)
Tracks a Morningstar index of about 3,500 US companies of every size, hedged to Canadian dollars, by holding the US-listed Vanguard Morningstar Total Stock Market ETF.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| Vanguard | C$1.43 billion | 3,507 | 0.8% | 0.15% | Medium |
Ranks #56 of 140 ranked funds overall, and #52 in stock ETFs. Its adjusted Sharpe score is 0.77, using its 10-year record and a history multiplier of 1.00.
Hedging removes most exchange-rate effects, so a weaker Canadian dollar no longer boosts returns. Large technology companies drive much of the result.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 20.6% | 1.12 | 14.9% |
| 5 years | 10.6% | 0.52 | 16.0% |
| 10 years | 13.1% | 0.77 | 14.9% |
Unavailable periods are not shortened or estimated.
VXC Vanguard FTSE Global All Cap ex Canada Index ETF
Tracks a FTSE index of more than 11,000 large, mid and small companies in developed and emerging markets everywhere except Canada, including China A-shares.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| Vanguard | C$3.67 billion | 11,653 | 1.1% | 0.21% | Medium |
Ranks #32 of 140 ranked funds overall, and #31 in stock ETFs. Its adjusted Sharpe score is 0.87, using its 10-year record and a history multiplier of 1.00.
Foreign currencies are unhedged, and the US is close to two-thirds of the fund. It leaves out Canada, so it is built to sit alongside a separate Canadian holding.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 23.2% | 1.40 | 13.2% |
| 5 years | 13.7% | 0.80 | 13.3% |
| 10 years | 12.9% | 0.87 | 12.7% |
Unavailable periods are not shortened or estimated.
VXM CI Morningstar International Value Index ETF
Tracks a Morningstar index of about 200 of the cheapest developed-market companies outside North America, held at equal weight and rebalanced quarterly.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| CI | C$1.22 billion | 200 | 1.9% | 0.64% | Medium |
Ranks #62 of 140 ranked funds overall, and #56 in stock ETFs. Its adjusted Sharpe score is 0.76, using its 10-year record and a history multiplier of 1.00.
Japan is about 40% of the fund, and trading costs of 0.30% sit on top of the 0.64% MER. At least 90% of the foreign currency is hedged to Canadian dollars.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 28.2% | 1.66 | 13.6% |
| 5 years | 21.4% | 1.24 | 14.1% |
| 10 years | 13.7% | 0.76 | 16.1% |
Unavailable periods are not shortened or estimated.
WXM CI Morningstar Canada Momentum Index ETF
Tracks a Morningstar index of 30 Canadian stocks with the strongest earnings and price momentum, held at equal weight and rebalanced quarterly.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| CI | C$1.10 billion | 30 | 1.2% | 0.65% | Medium |
Ranks #30 of 140 ranked funds overall, and #29 in stock ETFs. Its adjusted Sharpe score is 0.89, using its 10-year record and a history multiplier of 1.00.
Momentum holdings can reverse quickly, and the portfolio can change substantially each quarter. With 30 holdings, it is concentrated.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 30.4% | 1.92 | 12.6% |
| 5 years | 16.6% | 1.03 | 12.7% |
| 10 years | 14.3% | 0.89 | 14.0% |
Unavailable periods are not shortened or estimated.
XAW iShares Core MSCI All Country World ex Canada Index ETF
Tracks an MSCI index of large, mid and small companies across developed and emerging markets except Canada, by holding six iShares funds.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| iShares | C$4.74 billion | 8,078 | 1.2% | 0.22% | Medium |
Ranks #31 of 140 ranked funds overall, and #30 in stock ETFs. Its adjusted Sharpe score is 0.88, using its 10-year record and a history multiplier of 1.00.
Foreign currencies are unhedged, and the US is close to two-thirds of the fund. It leaves out Canada, so it is built to sit alongside a separate Canadian holding.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 23.1% | 1.41 | 13.1% |
| 5 years | 14.0% | 0.83 | 13.2% |
| 10 years | 13.0% | 0.88 | 12.5% |
Unavailable periods are not shortened or estimated.
XBAL iShares Core Balanced ETF Portfolio
An all-in-one portfolio that holds eight iShares funds at a fixed mix of about 60% stocks and 40% bonds, rebalanced back to target.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| iShares | C$3.51 billion | 8,290 | 2.2% | 0.18% | Low to Medium |
Ranks #59 of 140 ranked funds overall, and #4 in mixed portfolio ETFs. Its adjusted Sharpe score is 0.76, using its 10-year record and a history multiplier of 1.00.
The bond sleeve softens stock swings but adds interest-rate risk. Foreign stocks are unhedged; the non-Canadian bonds are hedged to Canadian dollars. Before December 2018 the fund followed a different multi-asset index mandate, so returns from before then do not reflect today's 60/40 portfolio.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 15.9% | 1.57 | 7.5% |
| 5 years | 8.4% | 0.63 | 8.6% |
| 10 years | 7.9% | 0.76 | 7.9% |
Unavailable periods are not shortened or estimated.
XBB iShares Canadian Universe Bond Index ETF
Tracks the FTSE Canada Universe Bond Index, the standard benchmark for Canadian investment-grade bonds.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| iShares | C$10.91 billion | 1,904 | 3.5% | 0.10% | Low |
Not ranked: negative Sharpe ratio for its longest full record.
Bond prices fall when interest rates rise, and longer maturities in the index add to that sensitivity. About three-quarters of the fund is federal and provincial government debt.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 4.9% | 0.37 | 4.3% |
| 5 years | 0.3% | -0.41 | 6.3% |
| 10 years | 1.3% | -0.09 | 5.8% |
Unavailable periods are not shortened or estimated.
XCB iShares Core Canadian Corporate Bond Index ETF
Tracks a FTSE index of investment-grade corporate bonds issued in Canadian dollars at every maturity, including maple bonds from foreign companies.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| iShares | C$3.84 billion | 1,344 | 4.3% | 0.17% | Low |
Ranks #140 of 140 ranked funds overall, and #12 in bond ETFs. Its adjusted Sharpe score is 0.10, using its 10-year record and a history multiplier of 1.00.
It holds only company debt and about 43% is rated BBB, so credit risk matters alongside interest-rate risk. Maple bonds are in Canadian dollars and add no currency risk.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 6.7% | 0.87 | 3.7% |
| 5 years | 2.0% | -0.18 | 5.5% |
| 10 years | 2.5% | 0.10 | 6.2% |
Unavailable periods are not shortened or estimated.
XDIV iShares Core MSCI Canadian Quality Dividend Index ETF
Tracks an MSCI index of Canadian companies with above-average dividend yields that also pass a quality screen, with any one company capped at 10%.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| iShares | C$6.20 billion | 21 | 3.2% | 0.11% | Medium |
Ranks #2 of 140 ranked funds overall, and #2 in stock ETFs. Its adjusted Sharpe score is 1.18, using its 5-year record and a history multiplier of 0.80.
With about 20 holdings it is concentrated, and more than three-quarters sits in financials and energy. A high yield does not guarantee a high total return.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 28.6% | 2.61 | 8.6% |
| 5 years | 18.4% | 1.47 | 9.8% |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
XDSR iShares ESG Advanced MSCI EAFE Index ETF
Tracks an MSCI index that removes fossil fuels, weapons, tobacco and other excluded businesses, plus low ESG ratings, from the MSCI EAFE universe while keeping market-cap weights.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| iShares | C$999 million | 394 | 1.7% | 0.28% | Medium |
Ranks #124 of 140 ranked funds overall, and #111 in stock ETFs. Its adjusted Sharpe score is 0.38, using its 5-year record and a history multiplier of 0.80.
The screens leave no energy and tilt toward technology and Japan. Foreign currencies are unhedged.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 19.0% | 1.01 | 15.1% |
| 5 years | 10.2% | 0.48 | 16.4% |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
XDV iShares Canadian Select Dividend Index ETF
Tracks a Dow Jones index of 30 Canadian companies with steady dividend records, weighted by dividends paid rather than company size, with a 10% cap per company.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| iShares | C$2.53 billion | 30 | 3.5% | 0.55% | Medium |
Ranks #50 of 140 ranked funds overall, and #47 in stock ETFs. Its adjusted Sharpe score is 0.81, using its 10-year record and a history multiplier of 1.00.
More than half the fund is in financials, and it holds no technology, health care or real estate. With 30 holdings, it is concentrated.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 27.6% | 2.23 | 9.8% |
| 5 years | 14.2% | 0.97 | 11.2% |
| 10 years | 12.3% | 0.81 | 12.9% |
Unavailable periods are not shortened or estimated.
XEC iShares Core MSCI Emerging Markets IMI Index ETF
Tracks an MSCI index of nearly 3,000 large, mid and small companies in emerging markets.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| iShares | C$4.95 billion | 2,925 | 1.5% | 0.28% | Medium |
Ranks #107 of 140 ranked funds overall, and #95 in stock ETFs. Its adjusted Sharpe score is 0.54, using its 10-year record and a history multiplier of 1.00.
Emerging markets carry political, regulatory and currency risks, and the currencies are unhedged. Returns can differ sharply from developed markets for long periods.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 25.1% | 1.26 | 16.2% |
| 5 years | 11.3% | 0.58 | 15.2% |
| 10 years | 9.2% | 0.54 | 14.5% |
Unavailable periods are not shortened or estimated.
XEF iShares Core MSCI EAFE IMI Index ETF
Tracks an MSCI index of about 2,500 companies of all sizes in Japan, the UK, Europe and Australia.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| iShares | C$24.05 billion | 2,527 | 2.3% | 0.22% | Medium |
Ranks #102 of 140 ranked funds overall, and #91 in stock ETFs. Its adjusted Sharpe score is 0.59, using its 10-year record and a history multiplier of 1.00.
Returns depend on several foreign currencies, which are not hedged. It excludes Canada, the US and emerging markets.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 20.0% | 1.12 | 14.3% |
| 5 years | 11.5% | 0.59 | 15.2% |
| 10 years | 9.6% | 0.59 | 13.8% |
Unavailable periods are not shortened or estimated.
XEG iShares S&P/TSX Capped Energy Index ETF
Tracks the S&P/TSX Capped Energy Index, the energy companies in the S&P/TSX Composite, with any one company capped at 25%.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| iShares | C$2.52 billion | 26 | 2.4% | 0.61% | High |
Ranks #120 of 140 ranked funds overall, and #107 in stock ETFs. Its adjusted Sharpe score is 0.43, using its 10-year record and a history multiplier of 1.00.
Returns swing with oil and gas prices, and the fund carries a High risk rating. Three producers make up about two-thirds of the fund.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 24.0% | 0.87 | 24.4% |
| 5 years | 27.9% | 0.96 | 26.2% |
| 10 years | 11.3% | 0.43 | 34.1% |
Unavailable periods are not shortened or estimated.
XEI iShares S&P/TSX Composite High Dividend Index ETF
Tracks an S&P index of 50 to 75 TSX companies ranked by dividend yield, capping any one stock at 5% and any one sector at 30%.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| iShares | C$4.26 billion | 74 | 3.6% | 0.22% | Medium |
Ranks #69 of 140 ranked funds overall, and #62 in stock ETFs. Its adjusted Sharpe score is 0.72, using its 10-year record and a history multiplier of 1.00.
Financials, energy and utilities make up about three-quarters of the fund, so it is sensitive to interest rates and oil prices. A high yield does not guarantee a high total return.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 24.8% | 1.94 | 10.1% |
| 5 years | 15.0% | 1.04 | 11.1% |
| 10 years | 11.9% | 0.72 | 14.3% |
Unavailable periods are not shortened or estimated.
XEQT iShares Core Equity ETF
An all-in-one stock portfolio that holds four index funds: about 45% US, 26% Canada, 24% international developed and 5% emerging markets.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| iShares | C$23.24 billion | 8,377 | 1.6% | 0.19% | Medium |
Ranks #74 of 140 ranked funds overall, and #67 in stock ETFs. Its adjusted Sharpe score is 0.70, using its 5-year record and a history multiplier of 0.80.
It holds no bonds, so it can fall as far as global stock markets. About three-quarters of its exposure is to foreign currencies, unhedged.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 23.7% | 1.56 | 12.1% |
| 5 years | 14.0% | 0.87 | 12.4% |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
XFH iShares Core MSCI EAFE IMI Index ETF (CAD-Hedged)
Tracks the MSCI EAFE IMI, about 2,500 companies of all sizes in Japan, the UK, Europe and Australia, by holding iShares Core MSCI EAFE IMI Index ETF (XEF) and hedging its currencies to Canadian dollars.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| iShares | C$3.23 billion | 2,651 | 2.1% | 0.22% | Medium |
Ranks #96 of 140 ranked funds overall, and #86 in stock ETFs. Its adjusted Sharpe score is 0.62, using its 10-year record and a history multiplier of 1.00.
Hedging removes most exchange-rate effects, so returns reflect local stock markets. It excludes Canada, the US and emerging markets.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 17.5% | 1.02 | 13.4% |
| 5 years | 10.5% | 0.56 | 14.3% |
| 10 years | 9.9% | 0.62 | 13.7% |
Unavailable periods are not shortened or estimated.
XFN iShares S&P/TSX Capped Financials Index ETF
Tracks the S&P/TSX Capped Financials Index, the financial companies in the S&P/TSX Composite, with any one company capped at 25%.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| iShares | C$2.12 billion | 23 | 2.1% | 0.61% | Medium |
Ranks #48 of 140 ranked funds overall, and #45 in stock ETFs. Its adjusted Sharpe score is 0.82, using its 10-year record and a history multiplier of 1.00.
With about 23 holdings in one sector it is concentrated, and Royal Bank alone is more than a fifth of the fund. Bank and insurer shares can fall together in a credit downturn.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 32.2% | 1.81 | 14.3% |
| 5 years | 17.1% | 0.94 | 14.8% |
| 10 years | 14.4% | 0.82 | 15.6% |
Unavailable periods are not shortened or estimated.
XGB iShares Canadian Government Bond Index ETF
Tracks the FTSE Canada All Government Bond Index, federal, provincial and municipal bonds of every maturity over one year, rebalanced daily.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| iShares | C$1.56 billion | 552 | 3.2% | 0.13% | Low |
Not ranked: negative Sharpe ratio for its longest full record.
Long maturities put duration near seven years, so prices drop noticeably when rates rise. Credit risk is low, as it holds no corporate debt.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 4.4% | 0.23 | 4.6% |
| 5 years | -0.3% | -0.47 | 6.7% |
| 10 years | 0.7% | -0.18 | 6.1% |
Unavailable periods are not shortened or estimated.
XGD iShares S&P/TSX Global Gold Index ETF
Tracks the S&P/TSX Global Gold Index, gold miners listed in Canada or the US, weighted by market value with a cap on any single company.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| iShares | C$4.30 billion | 65 | 0.8% | 0.61% | High |
Ranks #103 of 140 ranked funds overall, and #92 in stock ETFs. Its adjusted Sharpe score is 0.58, using its 10-year record and a history multiplier of 1.00.
Miners usually move more than the gold price itself, and the fund carries a High risk rating. It owns companies, not bullion, so costs and company results also matter.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 51.8% | 1.57 | 27.1% |
| 5 years | 27.8% | 0.85 | 30.8% |
| 10 years | 16.3% | 0.58 | 30.9% |
Unavailable periods are not shortened or estimated.
XGRO iShares Core Growth ETF Portfolio
An all-in-one portfolio that holds eight iShares funds at a fixed mix of about 80% stocks and 20% bonds, rebalanced back to target.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| iShares | C$5.26 billion | 8,292 | 1.9% | 0.19% | Low to Medium |
Ranks #42 of 140 ranked funds overall, and #2 in mixed portfolio ETFs. Its adjusted Sharpe score is 0.84, using its 10-year record and a history multiplier of 1.00.
Four-fifths in stocks means market drops will be felt. Foreign stocks are unhedged; only the foreign bond sleeve is hedged to Canadian dollars. Before December 2018 the fund followed a different multi-asset index mandate, so returns from before then do not reflect today's 80/20 portfolio.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 19.9% | 1.57 | 9.8% |
| 5 years | 11.2% | 0.77 | 10.5% |
| 10 years | 10.3% | 0.84 | 9.9% |
Unavailable periods are not shortened or estimated.
XHY iShares U.S. High Yield Bond Index ETF
Tracks an iBoxx index of liquid US-dollar corporate bonds rated below investment grade, with each issuer capped at 3%, hedged to Canadian dollars.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| iShares | C$1.22 billion | 1,334 | 6.4% | 0.56% | Low to Medium |
Ranks #134 of 140 ranked funds overall, and #6 in bond ETFs. Its adjusted Sharpe score is 0.21, using its 10-year record and a history multiplier of 1.00.
High-yield issuers are more likely to default, and these bonds can fall sharply with stocks in a downturn. Hedging removes most currency effects.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 6.9% | 0.69 | 5.1% |
| 5 years | 2.3% | -0.09 | 6.8% |
| 10 years | 3.2% | 0.21 | 6.9% |
Unavailable periods are not shortened or estimated.
XIC iShares Core S&P/TSX Capped Composite Index ETF
Tracks the S&P/TSX Capped Composite, the broad Canadian stock benchmark, which limits any one company to 10% of the index.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| iShares | C$35.45 billion | 217 | 2.0% | 0.06% | Medium |
Ranks #41 of 140 ranked funds overall, and #40 in stock ETFs. Its adjusted Sharpe score is 0.84, using its 10-year record and a history multiplier of 1.00.
The Canadian market leans heavily toward financials, materials and energy, so returns rest on a few sectors and one economy.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 25.3% | 1.84 | 10.9% |
| 5 years | 14.3% | 0.95 | 11.6% |
| 10 years | 12.2% | 0.84 | 12.3% |
Unavailable periods are not shortened or estimated.
XIN iShares MSCI EAFE Index ETF (CAD-Hedged)
Tracks the MSCI EAFE Index hedged to Canadian dollars, by holding the US-listed iShares MSCI EAFE ETF (EFA) with currency forwards on top.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| iShares | C$1.90 billion | 657 | 2.8% | 0.48% | Medium |
Ranks #97 of 140 ranked funds overall, and #87 in stock ETFs. Its adjusted Sharpe score is 0.62, using its 10-year record and a history multiplier of 1.00.
Hedging removes most exchange-rate effects, so returns reflect local stock markets. Holding a US-listed fund can add foreign withholding-tax costs.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 16.2% | 0.92 | 13.9% |
| 5 years | 11.3% | 0.61 | 14.2% |
| 10 years | 10.0% | 0.62 | 13.8% |
Unavailable periods are not shortened or estimated.
XIU iShares S&P/TSX 60 Index ETF
Tracks the S&P/TSX 60, which holds the 60 largest and most heavily traded companies on the Toronto Stock Exchange.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| iShares | C$22.64 billion | 60 | 2.2% | 0.17% | Medium |
Ranks #29 of 140 ranked funds overall, and #28 in stock ETFs. Its adjusted Sharpe score is 0.89, using its 10-year record and a history multiplier of 1.00.
Holding only 60 large companies, it leans toward banks, energy and materials and holds no health care companies.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 24.7% | 1.84 | 10.6% |
| 5 years | 14.2% | 0.97 | 11.3% |
| 10 years | 12.5% | 0.89 | 11.9% |
Unavailable periods are not shortened or estimated.
XQQ iShares NASDAQ 100 Index ETF (CAD-Hedged)
Tracks the Nasdaq-100 with its US-dollar exposure hedged back to Canadian dollars each month inside the index.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| iShares | C$6.18 billion | 102 | 0.2% | 0.39% | Medium to High |
Ranks #24 of 140 ranked funds overall, and #23 in stock ETFs. Its adjusted Sharpe score is 0.92, using its 10-year record and a history multiplier of 1.00.
The index is concentrated in large technology companies and excludes financials. Hedging means a weaker Canadian dollar no longer boosts returns.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 26.0% | 1.07 | 20.5% |
| 5 years | 14.6% | 0.58 | 22.4% |
| 10 years | 19.4% | 0.92 | 19.2% |
Unavailable periods are not shortened or estimated.
XRE iShares S&P/TSX Capped REIT Index ETF
Tracks the S&P/TSX Capped REIT Index, the REITs in the S&P/TSX Composite, with any one trust capped at 25%.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| iShares | C$1.00 billion | 14 | 4.7% | 0.60% | Medium to High |
Ranks #133 of 140 ranked funds overall, and #115 in stock ETFs. Its adjusted Sharpe score is 0.22, using its 10-year record and a history multiplier of 1.00.
With only 14 trusts in one sector, it is concentrated, and REITs are sensitive to interest rates. Four trusts are each above 10% of the fund.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 6.0% | 0.25 | 13.9% |
| 5 years | -0.7% | -0.18 | 15.3% |
| 10 years | 4.3% | 0.22 | 16.6% |
Unavailable periods are not shortened or estimated.
XSB iShares Core Canadian Short Term Bond Index ETF
Tracks a FTSE index of Canadian government and corporate bonds with five years or less to maturity, rebalanced daily.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| iShares | C$4.56 billion | 771 | 3.1% | 0.10% | Low |
Not ranked: negative Sharpe ratio for its longest full record.
Short maturities keep interest-rate sensitivity low, but income falls when rates fall. About half the fund is federal government and agency debt.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 4.8% | 0.78 | 1.8% |
| 5 years | 2.0% | -0.40 | 2.6% |
| 10 years | 1.9% | -0.03 | 2.3% |
Unavailable periods are not shortened or estimated.
XSEM iShares ESG Aware MSCI Emerging Markets Index ETF
Tracks an MSCI index that removes tobacco, weapons, thermal coal and oil sands companies from the emerging-market universe, then tilts toward firms with stronger ESG ratings.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| iShares | C$6.44 billion | 294 | 1.5% | 0.33% | Medium |
Ranks #119 of 140 ranked funds overall, and #106 in stock ETFs. Its adjusted Sharpe score is 0.43, using its 5-year record and a history multiplier of 0.80.
Emerging markets carry political and currency risk, unhedged here. The screens leave about 300 companies, so results can drift from the broad emerging-market index.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 26.8% | 1.32 | 16.6% |
| 5 years | 11.0% | 0.54 | 16.1% |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
XSH iShares Core Canadian Short Term Corporate + Maple Bond Index ETF
Tracks a FTSE index of short-term, investment-grade corporate bonds issued in Canadian dollars, including maple bonds sold here by foreign issuers.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| iShares | C$3.11 billion | 656 | 4.0% | 0.10% | Low |
Ranks #129 of 140 ranked funds overall, and #3 in bond ETFs. Its adjusted Sharpe score is 0.29, using its 10-year record and a history multiplier of 1.00.
Short maturities limit rate risk, but the fund holds only corporate debt, so company credit matters. Maple bonds are in Canadian dollars and add no currency risk.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 6.1% | 1.34 | 2.0% |
| 5 years | 2.9% | -0.08 | 2.9% |
| 10 years | 2.9% | 0.29 | 3.1% |
Unavailable periods are not shortened or estimated.
XSP iShares Core S&P 500 Index ETF
Tracks the S&P 500 and hedges its US-dollar exposure back to Canadian dollars.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| iShares | C$16.59 billion | 504 | 1.1% | 0.09% | Medium |
Ranks #51 of 140 ranked funds overall, and #48 in stock ETFs. Its adjusted Sharpe score is 0.80, using its 10-year record and a history multiplier of 1.00.
Hedging removes most exchange-rate effects, so a weaker Canadian dollar no longer boosts returns, and the hedge adds a small cost. Technology makes up more than a third of the index.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 21.1% | 1.15 | 14.9% |
| 5 years | 11.2% | 0.55 | 15.9% |
| 10 years | 13.4% | 0.80 | 14.6% |
Unavailable periods are not shortened or estimated.
XSTH iShares 0-5 Year TIPS Bond Index ETF (CAD-Hedged)
Tracks an ICE index of US Treasury inflation-protected securities (TIPS) with under five years to maturity, hedged to Canadian dollars. It holds iShares 0-5 Year TIPS Bond ETF (STIP).
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| iShares | C$2.57 billion | 25 | 5.1% | 0.11% | Low |
Not ranked: negative Sharpe ratio for its longest full record.
Its inflation protection is linked to US consumer prices, not Canadian ones. Short maturities keep rate sensitivity low, and hedging removes most currency effects.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 3.5% | 0.09 | 1.5% |
| 5 years | 1.8% | -0.45 | 2.9% |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
XTOT iShares Core S&P Total U.S. Stock Market Index ETF
Tracks the S&P Total Market Index, which covers large, mid, small and micro-cap US companies, by holding iShares Core S&P Total U.S. Stock Market ETF (ITOT).
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| iShares | C$7.41 billion | 2,439 | 0.8% | 0.08% | Medium |
Not ranked: less than three full years of history.
Its record is still short. US-dollar exposure is unhedged, and the largest companies still drive most of the result.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | Not available | Not available | Not available |
| 5 years | Not available | Not available | Not available |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
XUS iShares Core S&P 500 Index ETF
Provides S&P 500 exposure through a Canadian-listed fund, giving access to a broad basket of large US companies.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| iShares | C$14.06 billion | 504 | 1.1% | 0.09% | Medium |
Ranks #9 of 140 ranked funds overall, and #9 in stock ETFs. Its adjusted Sharpe score is 1.05, using its 10-year record and a history multiplier of 1.00.
Its foreign-equity exposure is unhedged. Large technology companies make up more than a third of the index, so a few names drive much of the result.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 24.8% | 1.40 | 14.4% |
| 5 years | 16.3% | 0.93 | 14.0% |
| 10 years | 16.0% | 1.05 | 13.2% |
Unavailable periods are not shortened or estimated.
XUU iShares Core S&P U.S. Total Market Index ETF
Reaches the S&P Total Market Index by holding four US-listed iShares funds plus about a hundred US stocks directly.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| iShares | C$4.81 billion | 2,442 | 1.0% | 0.07% | Medium |
Ranks #15 of 140 ranked funds overall, and #15 in stock ETFs. Its adjusted Sharpe score is 0.99, using its 10-year record and a history multiplier of 1.00.
US-dollar exposure is unhedged. Holding US-listed funds can create foreign withholding-tax costs that differ from funds holding the stocks directly.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 24.3% | 1.38 | 14.3% |
| 5 years | 15.4% | 0.87 | 14.1% |
| 10 years | 15.4% | 0.99 | 13.6% |
Unavailable periods are not shortened or estimated.
XWD iShares MSCI World Index ETF
Tracks the MSCI World Index, large and mid-sized companies in 23 developed markets, by holding three iShares funds.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| iShares | C$1.83 billion | 1,223 | 1.2% | 0.48% | Medium |
Ranks #23 of 140 ranked funds overall, and #22 in stock ETFs. Its adjusted Sharpe score is 0.93, using its 10-year record and a history multiplier of 1.00.
The US is about 70% of the fund, and foreign currencies are unhedged. It leaves out emerging markets and small companies.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 23.1% | 1.42 | 13.0% |
| 5 years | 14.5% | 0.87 | 13.2% |
| 10 years | 13.5% | 0.93 | 12.4% |
Unavailable periods are not shortened or estimated.
ZAG BMO Aggregate Bond Index ETF
Tracks the FTSE Canada Universe Bond Index, the standard benchmark for Canadian investment-grade bonds.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| BMO | C$13.12 billion | 1,903 | 3.5% | 0.09% | Low |
Not ranked: negative Sharpe ratio for its longest full record.
Its mix of maturities means prices can drop noticeably when interest rates rise. It is heavy in federal and provincial government debt.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 5.0% | 0.38 | 4.3% |
| 5 years | 0.3% | -0.41 | 6.3% |
| 10 years | 1.3% | -0.09 | 5.9% |
Unavailable periods are not shortened or estimated.
ZCB BMO Corporate Bond Index ETF
Tracks a FTSE index of investment-grade corporate bonds issued in Canadian dollars at every maturity, including maple bonds from foreign companies.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| BMO | C$2.14 billion | 1,328 | 4.3% | 0.17% | Low |
Not ranked: negative Sharpe ratio for its longest full record.
It holds only company debt and about 43% is rated BBB, so credit risk matters alongside interest-rate risk. Maple bonds are in Canadian dollars and add no currency risk.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 6.4% | 0.81 | 3.6% |
| 5 years | 1.8% | -0.22 | 5.3% |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
ZCM BMO Mid Corporate Bond Index ETF
Tracks a FTSE index of investment-grade Canadian-dollar corporate bonds with five to ten years to maturity, including maple bonds from foreign companies.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| BMO | C$1.45 billion | 298 | 4.4% | 0.33% | Low |
Ranks #137 of 140 ranked funds overall, and #9 in bond ETFs. Its adjusted Sharpe score is 0.13, using its 10-year record and a history multiplier of 1.00.
About half the fund is rated BBB, and mid-term maturities add interest-rate sensitivity. Maple bonds are in Canadian dollars and add no currency risk.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 7.6% | 0.99 | 4.1% |
| 5 years | 1.9% | -0.16 | 6.3% |
| 10 years | 2.7% | 0.13 | 7.1% |
Unavailable periods are not shortened or estimated.
ZCN BMO S&P/TSX Capped Composite Index ETF
Tracks the S&P/TSX Capped Composite, the broad Canadian stock benchmark, which limits any one company to 10% of the index.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| BMO | C$18.06 billion | 220 | 2.1% | 0.06% | Medium |
Ranks #35 of 140 ranked funds overall, and #34 in stock ETFs. Its adjusted Sharpe score is 0.86, using its 10-year record and a history multiplier of 1.00.
Its sector mix follows the Canadian market, which is heavy in financials, materials and energy. It holds only Canadian companies, so there is no currency diversification.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 25.3% | 1.84 | 10.9% |
| 5 years | 14.6% | 0.98 | 11.5% |
| 10 years | 12.4% | 0.86 | 12.3% |
Unavailable periods are not shortened or estimated.
ZCPB BMO Core Plus Bond Fund ETF
An actively managed bond fund that holds mainly Canadian investment-grade bonds and may put up to 40% in foreign securities and some below investment grade. It is an ETF series of a BMO mutual fund.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| BMO | C$2.79 billion | 501 | 2.9% | 0.56% | Low |
Not ranked: negative Sharpe ratio for its longest full record.
Results depend on the manager's calls on duration, credit and sector. Bond prices fall when rates rise, and the fund does not publish its currency exposure.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 5.3% | 0.43 | 4.5% |
| 5 years | 0.2% | -0.46 | 5.8% |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
ZCS BMO Short Corporate Bond Index ETF
Tracks a FTSE index of fixed-rate Canadian corporate bonds with five years or less to maturity.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| BMO | C$4.63 billion | 628 | 4.0% | 0.11% | Low |
Ranks #132 of 140 ranked funds overall, and #5 in bond ETFs. Its adjusted Sharpe score is 0.23, using its 10-year record and a history multiplier of 1.00.
It owns only corporate bonds, and about 42% is rated BBB, so company credit matters alongside interest rates. Short maturities keep rate sensitivity modest.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 6.1% | 1.39 | 1.9% |
| 5 years | 2.8% | -0.10 | 2.9% |
| 10 years | 2.7% | 0.23 | 3.0% |
Unavailable periods are not shortened or estimated.
ZDB BMO Discount Bond Index ETF
Tracks a FTSE index of Canadian investment-grade bonds with low coupons, trading at or below par, so more of the return comes as capital gains.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| BMO | C$1.39 billion | 323 | 1.8% | 0.10% | Low |
Not ranked: negative Sharpe ratio for its longest full record.
Bond prices fall when interest rates rise. The tax advantage applies only in taxable accounts, and one Government of Canada bond is about a sixth of the fund.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 4.8% | 0.35 | 4.2% |
| 5 years | 0.1% | -0.44 | 6.3% |
| 10 years | 1.2% | -0.10 | 6.0% |
Unavailable periods are not shortened or estimated.
ZDM BMO MSCI EAFE Hedged to CAD Index ETF
Tracks the MSCI EAFE Index hedged to Canadian dollars, by holding BMO MSCI EAFE Index ETF (ZEA) and running a currency hedge alongside it.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| BMO | C$1.98 billion | 659 | 1.9% | 0.22% | Medium |
Ranks #77 of 140 ranked funds overall, and #70 in stock ETFs. Its adjusted Sharpe score is 0.68, using its 10-year record and a history multiplier of 1.00.
Hedging removes most exchange-rate effects, so returns reflect local stock markets. It leaves out small companies, Canada, the US and emerging markets.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 17.4% | 1.04 | 13.1% |
| 5 years | 12.2% | 0.69 | 13.7% |
| 10 years | 10.7% | 0.68 | 13.4% |
Unavailable periods are not shortened or estimated.
ZDV BMO Canadian Dividend ETF
BMO screens Canadian dividend payers on dividend growth, yield, payout and liquidity, and rebalances the portfolio monthly. It follows no index.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| BMO | C$1.86 billion | 57 | 2.7% | 0.39% | Medium |
Ranks #57 of 140 ranked funds overall, and #53 in stock ETFs. Its adjusted Sharpe score is 0.77, using its 10-year record and a history multiplier of 1.00.
Financials and energy make up close to 60% of the fund. A high yield does not guarantee a high total return.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 25.9% | 2.16 | 9.4% |
| 5 years | 15.0% | 1.11 | 10.4% |
| 10 years | 11.7% | 0.77 | 13.0% |
Unavailable periods are not shortened or estimated.
ZEA BMO MSCI EAFE Index ETF
Tracks the MSCI EAFE Index, about 700 large and mid-sized companies in Europe, Japan, the UK and Australia.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| BMO | C$13.72 billion | 675 | 1.9% | 0.22% | Medium |
Ranks #98 of 140 ranked funds overall, and #88 in stock ETFs. Its adjusted Sharpe score is 0.61, using its 10-year record and a history multiplier of 1.00.
Currency exposure is unhedged. It leaves out small companies, Canada, the US and emerging markets.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 19.7% | 1.11 | 14.3% |
| 5 years | 11.8% | 0.61 | 15.1% |
| 10 years | 9.7% | 0.61 | 13.5% |
Unavailable periods are not shortened or estimated.
ZEB BMO Equal Weight Banks Index ETF
Tracks a Solactive index that holds Canada's six largest banks and resets them to equal weights each March and September.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| BMO | C$6.64 billion | 6 | 2.5% | 0.28% | Medium to High |
Ranks #38 of 140 ranked funds overall, and #37 in stock ETFs. Its adjusted Sharpe score is 0.85, using its 10-year record and a history multiplier of 1.00.
With only six holdings in one industry, it is highly concentrated. Bank shares can fall together when credit or housing conditions worsen.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 37.3% | 1.95 | 15.3% |
| 5 years | 18.8% | 0.95 | 16.3% |
| 10 years | 15.9% | 0.85 | 16.8% |
Unavailable periods are not shortened or estimated.
ZEM BMO MSCI Emerging Markets Index ETF
Tracks the MSCI Emerging Markets Index, large and mid-sized companies in developing countries including Taiwan, China, South Korea and India.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| BMO | C$3.81 billion | 922 | 1.7% | 0.27% | Medium |
Ranks #106 of 140 ranked funds overall, and #94 in stock ETFs. Its adjusted Sharpe score is 0.56, using its 10-year record and a history multiplier of 1.00.
Emerging markets carry political and currency risk, unhedged here. Technology is about 40% of the fund, and Taiwan Semiconductor alone is about 14%.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 25.8% | 1.28 | 16.5% |
| 5 years | 11.1% | 0.56 | 15.5% |
| 10 years | 9.6% | 0.56 | 14.7% |
Unavailable periods are not shortened or estimated.
ZEQT BMO All-Equity ETF
An all-in-one stock portfolio of six BMO index ETFs: about 50% US, 24% Canada, 16% international developed and 9% emerging markets, reset to target quarterly.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| BMO | C$1.15 billion | 3,250 | 1.3% | 0.18% | Medium |
Ranks #11 of 140 ranked funds overall, and #11 in stock ETFs. Its adjusted Sharpe score is 1.04, using its 3-year record and a history multiplier of 0.65.
It holds no bonds, so it can fall as far as global stock markets. About three-quarters of its exposure is to foreign currencies, unhedged.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 23.9% | 1.60 | 11.9% |
| 5 years | Not available | Not available | Not available |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
ZFL BMO Long Federal Bond Index ETF
Tracks a FTSE index of federal government and federally guaranteed bonds with more than ten years to maturity, rebalanced daily.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| BMO | C$1.35 billion | 23 | 3.0% | 0.22% | Medium |
Not ranked: negative Sharpe ratio for its longest full record.
Duration of about 15.7 years means a one-point rise in yields cuts the price by roughly 15%. Credit risk is minimal, as nearly all of it is Government of Canada debt.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 1.5% | -0.14 | 9.7% |
| 5 years | -5.1% | -0.53 | 13.9% |
| 10 years | -2.2% | -0.28 | 12.2% |
Unavailable periods are not shortened or estimated.
ZFS BMO Short Federal Bond Index ETF
Tracks a FTSE index of federal government and federally guaranteed bonds with one to five years to maturity, rebalanced daily.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| BMO | C$1.06 billion | 63 | 2.5% | 0.22% | Low |
Not ranked: negative Sharpe ratio for its longest full record.
Duration of about 2.8 years keeps interest-rate sensitivity low, but income falls when rates fall. Credit risk is minimal, as nearly all of it is federal or federally guaranteed debt.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 4.0% | 0.33 | 1.8% |
| 5 years | 1.4% | -0.61 | 2.7% |
| 10 years | 1.3% | -0.30 | 2.2% |
Unavailable periods are not shortened or estimated.
ZGB BMO Government Bond Index ETF
Tracks the FTSE Canada All Government Bond Index, federal, provincial and municipal bonds of every maturity over one year, rebalanced daily.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| BMO | C$1.23 billion | 474 | 2.7% | 0.16% | Low |
Not ranked: negative Sharpe ratio for its longest full record.
Long maturities put duration near seven years, so prices drop noticeably when rates rise. Credit risk is low, as it holds no corporate debt.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 4.4% | 0.23 | 4.8% |
| 5 years | -0.3% | -0.48 | 6.6% |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
ZGEQ BMO Global Equity Fund Active ETF Series
An actively managed portfolio of about 80 global companies selected by BMO's managers for growth potential. It follows no index and names no benchmark.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| BMO | C$2.95 billion | 83 | 0.7% | 0.83% | Medium |
Ranks #49 of 140 ranked funds overall, and #46 in stock ETFs. Its adjusted Sharpe score is 0.81, using its 3-year record and a history multiplier of 0.65.
Results depend on the managers' picks, and about two-thirds of the fund is in the US. Foreign currencies are unhedged, and trading costs of 0.26% sit on top of the 0.83% MER.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 23.1% | 1.25 | 15.0% |
| 5 years | Not available | Not available | Not available |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
ZGLD BMO Gold Bullion ETF
Owns physical gold bullion in 400-ounce bars held in BMO's vault in Canada, aiming to track the gold price less fees.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| BMO | C$1.71 billion | 1 | 0.0% | 0.22% | Medium |
Not ranked: less than three full years of history.
Gold pays no income and can swing for long stretches. The US-dollar exposure is unhedged, so exchange rates add to the gold price moves.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | Not available | Not available | Not available |
| 5 years | Not available | Not available | Not available |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
ZGQ BMO MSCI All Country World High Quality Index ETF
Tracks the MSCI ACWI Quality Index, large and mid-sized companies worldwide with high return on equity, stable earnings growth and low debt, with each company capped at 5%.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| BMO | C$1.34 billion | 487 | 0.5% | 0.50% | Medium |
Ranks #18 of 140 ranked funds overall, and #17 in stock ETFs. Its adjusted Sharpe score is 0.97, using its 10-year record and a history multiplier of 1.00.
About three-quarters of the fund is in the US and more than 40% is technology. Foreign currencies are unhedged.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 23.0% | 1.26 | 14.8% |
| 5 years | 14.7% | 0.78 | 15.2% |
| 10 years | 15.4% | 0.97 | 13.8% |
Unavailable periods are not shortened or estimated.
ZHY BMO High Yield US Corporate Bond Hedged to CAD Index ETF
Tracks a Bloomberg index of liquid US corporate bonds rated below investment grade (BB and lower), with the US dollar hedged to Canadian dollars.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| BMO | C$1.47 billion | 1,043 | 6.8% | 0.60% | Low to Medium |
Ranks #136 of 140 ranked funds overall, and #8 in bond ETFs. Its adjusted Sharpe score is 0.16, using its 10-year record and a history multiplier of 1.00.
High-yield issuers are more likely to default, and these bonds can fall sharply with stocks in a downturn. Hedging removes most currency effects.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 6.6% | 0.62 | 5.2% |
| 5 years | 1.8% | -0.15 | 6.8% |
| 10 years | 3.0% | 0.16 | 8.5% |
Unavailable periods are not shortened or estimated.
ZIC BMO Mid-Term US IG Corporate Bond Index ETF
Tracks a Bloomberg index of US-dollar investment-grade corporate bonds with five to ten years to maturity, capped so no single issuer dominates.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| BMO | C$3.54 billion | 719 | 4.7% | 0.28% | Low to Medium |
Ranks #135 of 140 ranked funds overall, and #7 in bond ETFs. Its adjusted Sharpe score is 0.16, using its 10-year record and a history multiplier of 1.00.
The US-dollar exposure is unhedged, so exchange rates can swing returns noticeably. About half the fund is rated BBB, the lowest investment-grade band.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 7.6% | 0.78 | 5.3% |
| 5 years | 2.8% | -0.02 | 7.1% |
| 10 years | 2.9% | 0.16 | 7.3% |
Unavailable periods are not shortened or estimated.
ZJK BMO High Yield US Corporate Bond Index ETF
Tracks a Bloomberg index of liquid US corporate bonds rated below investment grade (BB and lower).
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| BMO | C$1.75 billion | 1,044 | 6.5% | 0.61% | Low to Medium |
Ranks #125 of 140 ranked funds overall, and #2 in bond ETFs. Its adjusted Sharpe score is 0.34, using its 5-year record and a history multiplier of 0.80.
High-yield issuers are more likely to default, and these bonds can fall sharply with stocks in a downturn. The US-dollar exposure is not hedged, so exchange rates affect returns.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 9.7% | 1.08 | 5.6% |
| 5 years | 5.7% | 0.42 | 6.5% |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
ZLB BMO Low Volatility Canadian Equity ETF
BMO ranks Canadian large-cap stocks by beta and holds the least market-sensitive names, reselecting them each November and resetting weights each May. It follows no index.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| BMO | C$5.86 billion | 45 | 1.9% | 0.39% | Low to Medium |
Ranks #47 of 140 ranked funds overall, and #44 in stock ETFs. Its adjusted Sharpe score is 0.82, using its 10-year record and a history multiplier of 1.00.
Low-beta stocks can lag in strong rallies, and the portfolio leans toward financials, utilities and consumer staples. With about 45 holdings it is a concentrated portfolio.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 16.7% | 1.52 | 8.3% |
| 5 years | 11.0% | 0.86 | 9.1% |
| 10 years | 10.3% | 0.82 | 10.3% |
Unavailable periods are not shortened or estimated.
ZLU BMO Low Volatility US Equity ETF
BMO screens US large-cap stocks for low beta and holds the 100 least market-sensitive names, rebalancing each May and reselecting each November. It follows no index.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| BMO | C$2.45 billion | 99 | 1.7% | 0.33% | Low to Medium |
Ranks #60 of 140 ranked funds overall, and #55 in stock ETFs. Its adjusted Sharpe score is 0.76, using its 10-year record and a history multiplier of 1.00.
Low-beta stocks can lag in strong rallies, and the portfolio leans toward health care, utilities and consumer staples. US-dollar exposure is unhedged.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 14.6% | 1.07 | 10.2% |
| 5 years | 10.6% | 0.73 | 10.3% |
| 10 years | 10.0% | 0.76 | 10.7% |
Unavailable periods are not shortened or estimated.
ZMMK BMO Money Market Fund ETF
An ETF series of BMO Money Market Fund, a conventional mutual fund dating from 1988. It holds commercial paper, bearer deposit notes and short-term corporate debt.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| BMO | C$6.11 billion | 465 | 2.4% | 0.13% | Low |
Ranks #4 of 7 ranked cash and money market ETFs. Cash funds are ranked only within their own category. Its adjusted Sharpe score is 0.34, using its 3-year record and a history multiplier of 0.65.
Income falls when short-term rates fall. The fund is not CDIC-insured, and its ETF record is shorter than the history of the underlying mutual fund.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 3.6% | 0.53 | 0.3% |
| 5 years | Not available | Not available | Not available |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
ZMU BMO Mid-Term US IG Corporate Bond Hedged to CAD Index ETF
Tracks a Bloomberg index of US-dollar investment-grade corporate bonds with five to ten years to maturity, hedged to Canadian dollars. It holds BMO Mid-Term US IG Corporate Bond Index ETF (ZIC) for the bonds.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| BMO | C$3.43 billion | 719 | 4.8% | 0.28% | Low to Medium |
Not ranked: negative Sharpe ratio for its longest full record.
Hedging removes most currency effects, leaving credit and US interest-rate risk. About half the fund is rated BBB, the lowest investment-grade band.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 4.4% | 0.23 | 4.9% |
| 5 years | -0.9% | -0.52 | 7.3% |
| 10 years | 1.3% | -0.07 | 6.8% |
Unavailable periods are not shortened or estimated.
ZNQ BMO NASDAQ 100 Equity Index ETF
Tracks the Nasdaq-100, the 100 largest non-financial companies on the Nasdaq Stock Market, with no currency hedge.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| BMO | C$2.75 billion | 101 | 0.2% | 0.39% | Medium to High |
Ranks #85 of 140 ranked funds overall, and #77 in stock ETFs. Its adjusted Sharpe score is 0.64, using its 5-year record and a history multiplier of 0.80.
Technology is close to 60% of the fund, so it is concentrated in one sector. US-dollar exposure is unhedged.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 29.8% | 1.25 | 20.0% |
| 5 years | 19.2% | 0.80 | 20.9% |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
ZPR BMO Laddered Preferred Share Index ETF
Tracks a Solactive index of rate-reset preferred shares, spread across five buckets by reset date to even out when dividends reset.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| BMO | C$1.63 billion | 110 | 5.3% | 0.50% | Medium |
Ranks #108 of 140 ranked funds overall, and #96 in stock ETFs. Its adjusted Sharpe score is 0.53, using its 10-year record and a history multiplier of 1.00.
Dividends reset with the 5-year Government of Canada yield, so income falls when rates fall. Enbridge and Brookfield are each about an eighth of the fund.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 21.1% | 1.93 | 8.5% |
| 5 years | 7.7% | 0.46 | 10.6% |
| 10 years | 8.0% | 0.53 | 12.3% |
Unavailable periods are not shortened or estimated.
ZQQ BMO NASDAQ 100 Equity Hedged to CAD Index ETF
Tracks the Nasdaq-100 with its US-dollar exposure hedged back to Canadian dollars inside the index, reset monthly.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| BMO | C$3.37 billion | 102 | 0.2% | 0.39% | Medium to High |
Ranks #25 of 140 ranked funds overall, and #24 in stock ETFs. Its adjusted Sharpe score is 0.92, using its 10-year record and a history multiplier of 1.00.
Technology is close to 60% of the fund and financials are excluded, so it is concentrated. Hedging means a weaker Canadian dollar no longer boosts returns.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 25.9% | 1.07 | 20.5% |
| 5 years | 14.6% | 0.58 | 22.4% |
| 10 years | 19.3% | 0.92 | 19.1% |
Unavailable periods are not shortened or estimated.
ZSP BMO S&P 500 Index ETF
Provides exposure to the large US companies in the S&P 500 through a Canadian-dollar fund that holds the shares directly.
Also available in US dollars as ZSP.U.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| BMO | C$26.38 billion | 506 | 0.8% | 0.09% | Medium |
Ranks #8 of 140 ranked funds overall, and #8 in stock ETFs. Its adjusted Sharpe score is 1.05, using its 10-year record and a history multiplier of 1.00.
Its US-dollar exposure is unhedged, so exchange-rate changes can affect Canadian-dollar returns. Technology makes up more than a third of the index.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 24.9% | 1.43 | 14.1% |
| 5 years | 16.4% | 0.94 | 13.9% |
| 10 years | 16.1% | 1.05 | 13.1% |
Unavailable periods are not shortened or estimated.
ZST BMO Ultra Short-Term Bond ETF
Actively managed to a maturity limit: every bond has a year or less of effective term left. It follows no index, so there are no target weights.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| BMO | C$3.43 billion | 46 | 2.5% | 0.17% | Low |
Ranks #45 of 140 ranked funds overall, and #1 in bond ETFs. Its adjusted Sharpe score is 0.83, using its 10-year record and a history multiplier of 1.00.
Very short maturities keep interest-rate sensitivity low, but returns fall when short-term rates fall. It holds bonds, not insured deposits.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 4.0% | 1.31 | 0.4% |
| 5 years | 3.4% | 0.37 | 0.6% |
| 10 years | 2.5% | 0.83 | 0.6% |
Unavailable periods are not shortened or estimated.
ZUAG.F BMO US Aggregate Bond Index ETF (Hedged Units)
Tracks a Bloomberg index of the US investment-grade bond market, hedged to Canadian dollars, holding the mortgage slice through the iShares MBS ETF and the rest directly.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| BMO | C$1.40 billion | 5,061 | 2.9% | 0.09% | Low |
Not ranked: negative Sharpe ratio for its longest full record.
Prices fall when US interest rates rise. About half the fund is US Treasuries, and hedging removes most currency effects.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 2.7% | -0.14 | 4.3% |
| 5 years | Not available | Not available | Not available |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
ZUE BMO S&P 500 Hedged to CAD Index ETF
Tracks the S&P 500 with its US-dollar exposure hedged back to Canadian dollars, holding BMO S&P 500 Index ETF (ZSP) for the stocks.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| BMO | C$5.05 billion | 500 | 0.8% | 0.09% | Medium |
Ranks #44 of 140 ranked funds overall, and #42 in stock ETFs. Its adjusted Sharpe score is 0.83, using its 10-year record and a history multiplier of 1.00.
Hedging removes most exchange-rate effects, so a weaker Canadian dollar no longer boosts returns. Technology makes up more than a third of the index.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 21.1% | 1.15 | 14.8% |
| 5 years | 11.7% | 0.59 | 15.7% |
| 10 years | 13.7% | 0.83 | 14.4% |
Unavailable periods are not shortened or estimated.
ZUQ BMO MSCI USA High Quality Index ETF
Tracks the MSCI USA Quality Index, about 120 US companies with high return on equity, stable earnings growth and low debt, with each company capped at 5%.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| BMO | C$1.37 billion | 120 | 0.4% | 0.33% | Medium |
Ranks #4 of 140 ranked funds overall, and #4 in stock ETFs. Its adjusted Sharpe score is 1.09, using its 10-year record and a history multiplier of 1.00.
Technology and health care together are more than half the fund. US-dollar exposure is unhedged.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 23.4% | 1.31 | 14.4% |
| 5 years | 16.2% | 0.88 | 14.9% |
| 10 years | 17.2% | 1.09 | 13.7% |
Unavailable periods are not shortened or estimated.
ZWB BMO Covered Call Canadian Banks ETF
Holds the six large Canadian banks, partly through BMO Equal Weight Banks Index ETF (ZEB), and writes covered call options on at least half the portfolio to generate extra income. It follows no index.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| BMO | C$4.43 billion | 6 | 5.7% | 0.72% | Medium |
Ranks #70 of 140 ranked funds overall, and #63 in stock ETFs. Its adjusted Sharpe score is 0.72, using its 10-year record and a history multiplier of 1.00.
Selling calls caps some of the upside in strong bank rallies. With six holdings in one industry, it is highly concentrated, and option trading costs sit outside the MER.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 29.7% | 1.81 | 13.2% |
| 5 years | 14.2% | 0.79 | 14.3% |
| 10 years | 12.2% | 0.72 | 14.7% |
Unavailable periods are not shortened or estimated.
ZWC BMO Canadian High Dividend Covered Call ETF
BMO screens Canadian dividend payers on yield, dividend growth and payout ratio, then writes covered call options over the holdings for extra income. It follows no index.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| BMO | C$2.40 billion | 39 | 6.1% | 0.72% | Medium |
Ranks #84 of 140 ranked funds overall, and #76 in stock ETFs. Its adjusted Sharpe score is 0.65, using its 5-year record and a history multiplier of 0.80.
Selling calls limits upside in strong markets, and the fund leans toward financials and energy. Option trading costs of 0.22% sit on top of the 0.72% MER.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 18.9% | 1.70 | 8.5% |
| 5 years | 10.7% | 0.81 | 9.3% |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
ZWH BMO US High Dividend Covered Call ETF
BMO screens US dividend payers on yield, dividend growth and payout ratio, then writes covered call options over the holdings for extra income. It follows no index.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| BMO | C$1.17 billion | 40 | 6.0% | 0.71% | Medium |
Ranks #78 of 140 ranked funds overall, and #71 in stock ETFs. Its adjusted Sharpe score is 0.68, using its 10-year record and a history multiplier of 1.00.
Selling calls limits upside in strong markets, and technology is about a third of the fund. US-dollar exposure is unhedged.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 15.3% | 1.07 | 10.8% |
| 5 years | 10.5% | 0.71 | 10.6% |
| 10 years | 9.6% | 0.68 | 11.6% |
Unavailable periods are not shortened or estimated.
ZWP BMO Europe High Dividend Covered Call ETF
BMO screens European dividend payers on yield, dividend growth and payout ratio, then writes covered call options over the holdings for extra income. It follows no index.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| BMO | C$1.08 billion | 39 | 6.3% | 0.72% | Medium |
Ranks #118 of 140 ranked funds overall, and #105 in stock ETFs. Its adjusted Sharpe score is 0.45, using its 5-year record and a history multiplier of 0.80.
Selling calls limits upside in strong markets. Returns move with the euro, pound and Swiss franc, which are unhedged.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 14.5% | 0.84 | 13.2% |
| 5 years | 11.2% | 0.56 | 15.5% |
| 10 years | Not available | Not available | Not available |
Unavailable periods are not shortened or estimated.
ZWU BMO Covered Call Utilities ETF
BMO holds utility, telecom and pipeline companies, about 60% Canadian and 40% US, and writes covered call options on part of the portfolio for monthly income. It follows no index.
| Provider | Fund size | Reported holdings | Cash paid in last 12 months | Yearly expenses | Risk rating |
|---|---|---|---|---|---|
| BMO | C$2.13 billion | 29 | 7.7% | 0.71% | Medium |
Ranks #126 of 140 ranked funds overall, and #112 in stock ETFs. Its adjusted Sharpe score is 0.33, using its 10-year record and a history multiplier of 1.00.
Selling calls caps upside, and utilities, telecoms and pipelines tend to fall when interest rates rise. The US holdings are hedged to Canadian dollars.
| Performance period | Annualized total return | Sharpe ratio | Annualized volatility |
|---|---|---|---|
| 3 years | 12.7% | 0.93 | 9.9% |
| 5 years | 4.8% | 0.20 | 11.2% |
| 10 years | 5.3% | 0.33 | 11.5% |
Unavailable periods are not shortened or estimated.
Frequently asked questions
What is the best Canadian ETF?
There is no single best fund for everyone. Start with the exposure you need, then compare the strategy, expenses, risk and history. Our overall ranking measures past risk-adjusted performance; the category tables make comparisons more relevant to different investment purposes.
How do I buy a Canadian ETF?
ETFs are bought and sold through an investment dealer or brokerage account. Check the fund’s ETF Facts, confirm the exact ticker and trading currency, compare brokerage charges on our list of trading platforms in Canada, then place an order. A limit order sets the highest price you will pay but may not execute. An advisor can also help with purchases and portfolio choices.
Can Canadians buy ETFs on Canadian stock exchanges?
Yes. Canadian-listed ETFs can be purchased through a brokerage or dealer that offers access to their listing exchange. A Canadian listing can provide exposure to investments outside Canada; listing location and investment exposure are different.
Is there a Canadian bank ETF?
Yes, several large Canadian-listed ETFs focus on banks. HEB and ZEB each hold six large Canadian banks in equal weights. ZWB owns bank shares as well but sells covered calls on them, which raises its income and caps some of its upside. The banks are much the same, but the results can differ quite a bit.
Are Canadian dividend ETFs better for income?
For steady cash income, often yes. Dividend ETFs such as XDIV and VDY hold companies that pay regular dividends, so they usually distribute more cash than a broad market fund. In a non-registered account, dividends from Canadian companies also qualify for the dividend tax credit, which can make them more tax-efficient than interest. The credit doesn't matter inside a TFSA or RRSP.
Some investors also argue that paying a dividend disciplines management: cash returned to shareholders can't be spent on poor acquisitions. The evidence on whether this improves long-term returns is mixed.
More income is not the same as better performance. Dividend funds lean heavily on banks, energy and utilities, so they are less diversified than the broad market. A large payout can also include return of capital. Compare total return as well as yield.
What is a Canadian energy ETF?
A fund such as XEG holds Canadian oil and gas producers, including Canadian Natural Resources, Suncor, Cenovus and Imperial Oil. Its returns depend on how those businesses perform and on conditions in the energy sector. That is not the same as owning an ETF that directly tracks the price of crude oil. XEG is also concentrated.
Are XEQT and VEQT stock or mixed portfolio ETFs?
Stock ETFs. Both hold only stocks, spread across several regional indexes, with no bond allocation. All-in-one describes the structure; the underlying assets decide the category.
Are cash ETFs the same as insured savings accounts?
No. Cash ETFs trade through a brokerage and can incur trading costs. HISA ETFs and investment funds are not CDIC-insured, while eligible deposits held directly at a member institution can be insured. Check access, principal protection, costs and the source of the fund’s return.
Why are leveraged and inverse ETFs excluded?
These products have different objectives and risk characteristics. Many target a multiple or the opposite of a benchmark’s daily return; their result over weeks or months can differ substantially from that simple multiple. They are outside this page’s main ranking.
Disclaimer:
- Any analysis or commentary reflects the opinions of WOWA.ca analysts and should not be considered financial advice. Please consult a licensed professional before making any decisions.
- The calculators and content on this page are for general information only. WOWA® does not guarantee the accuracy and is not responsible for any consequences of using the calculator.
- Financial institutions and brokerages may compensate us for connecting customers to them through payments for advertisements, clicks, and leads.
- Interest rates are sourced from financial institutions' websites or provided to us directly. Real estate data is sourced from the Canadian Real Estate Association (CREA) and regional boards' websites and documents.