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'll find 1 index which is tracked by ETFs.
Besides ETFs on Canada, there are no regional ETFs available with significant weight of Canadian stocks. Even North America indices hold less than 10% in Canada.
Performance of Canadian stocks (MSCI Canada)
Indices in comparison
The best indices for ETFs on Canada
For an investment in the Canadian stock market, there is 1 index available which is tracked by 3 ETFs. On the MSCI Canada index there are 3 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 | 3 ETFs | 87 (28/04/2023) |
The MSCI Canada index tracks the largest and most liquid Canadian stocks.
Index factsheet |
ETF ISIN |
Fund size in m GBP |
TER in % |
Use of profits | Fund domicile | Replication method | |
---|---|---|---|---|---|---|
iShares MSCI Canada UCITS ETF (Acc)IE00B52SF786 | 855 | 0.48% p.a. | Accumulating | Ireland | Full replication | |
UBS ETF (LU) MSCI Canada UCITS ETF (CAD) A-disLU0446734872 | 607 | 0.33% p.a. | Distributing | Luxembourg | Full replication | |
HSBC MSCI Canada UCITS ETF USDIE00B51B7Z02 | 22 | 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 | 2.73% | -1.20% | -0.22% | -3.09% | 51.74% |
Index | 2023 in % |
2022 in % |
2021 in % |
2020 in % |
2019 in % |
|
---|---|---|---|---|---|---|
MSCI Canada | 3.46% | -2.66% | 27.28% | 1.61% | 23.09% |
Source: justETF.com; As of 30/04/2023; Calculations in GBP based on the largest ETF of the respective index.
The best Canada ETFs
by 1 year return
1 | HSBC MSCI Canada UCITS ETF USD | -3.09% |
2 | iShares MSCI Canada UCITS ETF (Acc) | -3.09% |
3 | UBS ETF (LU) MSCI Canada UCITS ETF (CAD) A-dis | -3.75% |
The cheapest Canada ETFs
by total expense ratio (TER)
1 | UBS ETF (LU) MSCI Canada UCITS ETF (CAD) A-dis | 0.33% p.a. |
2 | HSBC MSCI Canada UCITS ETF USD | 0.35% p.a. |
3 | iShares MSCI Canada UCITS ETF (Acc) | 0.48% p.a. |