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 weighted with less than 5%.

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: 2.47%
1 year: 1.55%
3 years: 6.35%
5 years: 53.15%

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 5 ETFs. On the MSCI Canada index there are 5 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 5 ETFs 86
(30/09/20)
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
UBS ETF (LU) MSCI Canada UCITS ETF (CAD) A-disLU0446734872 890 0.33% p.a. Distributing Luxembourg Full replication
iShares MSCI Canada UCITS ETF (Acc)IE00B52SF786 460 0.48% p.a. Accumulating Ireland Full replication
Xtrackers MSCI Canada UCITS ETF 1CLU0476289540 202 0.35% p.a. Accumulating Luxembourg Full replication
Lyxor MSCI Canada UCITS ETF - DistLU0496786731 30 0.40% p.a. Distributing Luxembourg Unfunded swap
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 -2.55% 1.77% 25.86% -7.12% 5.10%
Index   2020
in %
2019
in %
2018
in %
2017
in %
2016
in %
MSCI Canada -4.75% 22.97% -12.47% 5.90% 49.34%

Source: justETF.com; As of 30/09/20; Calculations in GBP based on the largest ETF of the respective index.

 

The cheapest Canada ETFs
by total expense ratio (TER)

Show all
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 are 2 indices, which are tracked by 4 ETFs. However, Canada is weighted with less than 5% in these indices (as of 29/05/2020). The total expense ratio (TER) of ETFs on North America is between 0.10% p.a. and 0.40% p.a..

 
Index Investment focus Number of ETFs Number of constituents Short description
FTSE North America North America
Canada: 4.20%
(29/05/2020)
2 ETFs 664
(30/09/20)
The FTSE North America index tracks stocks in USA and Canada.
Index factsheet
MSCI North America North America
Canada: 4.48%
(29/05/2020)
2 ETFs 705
(30/09/20)
The MSCI North America index tracks stocks from developed North American countries (Canada and United States).
Index factsheet
ETF
ISIN
  Fund size
in m GBP
TER
in %
Use of profits Fund domicile Replication method
Vanguard FTSE North America UCITS ETF DistributingIE00BKX55R35 851 0.10% p.a. Distributing Ireland Full replication
iShares MSCI North America UCITS ETFIE00B14X4M10 812 0.40% p.a. Distributing Ireland Optimized sampling
Amundi ETF MSCI North America UCITS ETF DRLU1437016543 681 0.15% p.a. Accumulating Luxembourg Full replication
Vanguard FTSE North America UCITS ETF (USD) AccumulatingIE00BK5BQW10 170 0.10% p.a. Accumulating Ireland Full replication
 
Index   1 month
in %
3 months
in %
6 months
in %
1 year
in %
3 years
in %
MSCI North America -0.24% 4.54% 26.62% 10.46% 44.54%
FTSE North America -0.35% 4.51% 26.44% 10.62% 45.69%
Index   2020
in %
2019
in %
2018
in %
2017
in %
2016
in %
FTSE North America 8.95% 27.01% -0.21% 10.50% 34.84%
MSCI North America 9.03% 26.54% -0.56% 10.03% 34.38%

Source: justETF.com; As of 30/09/20; Calculations in GBP based on the largest ETF of the respective index.