How to invest in Canada using ETFs

How do I invest in Canadian stocks?

The easiest way to invest in the whole Canadian stock market is to invest in a broad market index. This can be done at low cost by using ETFs.

On the Canadian stock market you find 1 index, which is tracked by ETFs.

Alternatively, you can invest in the North American stock market. Unfortunately, Canada is only weighted around 6%.

0.33% p.a. - 0.48% p.a.
annual total expense ratio (TER) of Canada ETFs
on the Canadian stock market, which is tracked by ETFs
on the Canadian stock market
The best indices for Canada ETFs

Performance of Canadian stocks (MSCI Canada)

1 month: 3.65%
1 year: 9.11%
3 years: 16.15%
5 years: 25.06%

Indices in comparison

The best indices for ETFs on Canada

For an investment in the Canadian stock market, 1 index tracked by 6 ETFs are available. On the MSCI Canada index there are 6 ETFs. The total expense ratio (TER) of ETFs on these indices is between 0.33% p.a. and 0.48% p.a..

Index Investment focus Number of ETFs Number of constituents Short description

MSCI Canada

Canada 6 ETFs 94
(30/06/17)
The MSCI Canada index tracks the largest and most liquid Canadian stocks.
Index factsheet
ETF
ISIN
  Fund size
in m EUR
TER
in %
Use of profits Fund domicile Replication method
iShares MSCI Canada UCITS ETF (Acc)IE00B52SF786 694 0.48% p.a. Accumulating Ireland Full replication
UBS ETF (LU) MSCI Canada UCITS ETF (CAD) A-disLU0446734872 332 0.33% p.a. Distributing Luxembourg Full replication
db x-trackers MSCI Canada Index UCITS ETF (DR) 1CLU0476289540 298 0.35% p.a. Accumulating Luxembourg Optimized sampling
Lyxor Canada (S&P TSX 60) UCITS ETF D-EURLU0496786731 79 0.40% p.a. Distributing Luxembourg Unfunded swap
HSBC MSCI Canada UCITS ETF USDDE000A1JF7N6 33 0.35% p.a. Distributing Ireland Full replication
HSBC MSCI Canada UCITS ETF USDIE00B51B7Z02 33 0.35% p.a. Distributing Ireland Full replication
 
Index   1 month
in %
3 months
in %
6 months
in %
1 year
in %
3 years
in %
MSCI Canada 5.81% 4.24% -1.95% 8.41% 6.13%
Index   2017
in %
2016
in %
2015
in %
2014
in %
2013
in %
MSCI Canada -0.78% 28.41% -15.55% 15.06% 1.02%

Source: justETF.com; As of 30/09/17; Calculations in EUR based on the largest ETF of the respective index.

 
Alternative investment opportunities

North American indices with a share of Canada

Besides Canadian ETFs you can consider ETFs on the North American stock market. In order to invest in North America there is 1 index, which is tracked by 2 ETFs. The MSCI North America Index contains Canadian companies with a weight of 5.75% (as of 31/10/2016). The total expense ratio (TER) of ETFs on North America is between 0.25% p.a. and 0.40% p.a..

 
Index Investment focus Number of ETFs Number of constituents Short description
MSCI North America North America
Canada: 5.75%
(31/10/2016)
2 ETFs 729
(30/06/17)
The MSCI North America index tracks stocks from developed North American countries (Canada and United States).
Index factsheet
ETF
ISIN
  Fund size
in m EUR
TER
in %
Use of profits Fund domicile Replication method
iShares MSCI North America UCITS ETFIE00B14X4M10 1,780 0.40% p.a. Distributing Ireland Optimized sampling
ComStage MSCI North America TRN UCITS ETFLU0392494992 104 0.25% p.a. Accumulating Luxembourg Unfunded swap
 
Index   1 month
in %
3 months
in %
6 months
in %
1 year
in %
3 years
in %
MSCI North America 3.71% 0.99% -2.56% 11.09% 39.14%
Index   2017
in %
2016
in %
2015
in %
2014
in %
2013
in %
MSCI North America 1.51% 15.19% 10.42% 27.05% 23.87%

Source: justETF.com; As of 30/09/17; Calculations in EUR based on the largest ETF of the respective index.