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.
Alternatively, you can invest in the North American stock market. Unfortunately, Canada is weighted with less than 5%.
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 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 | 88 (31/12/2020) |
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 | |
---|---|---|---|---|---|---|
UBS ETF (LU) MSCI Canada UCITS ETF (CAD) A-disLU0446734872 | 1,067 | 0.33% p.a. | Distributing | Luxembourg | Full replication | |
iShares MSCI Canada UCITS ETF (Acc)IE00B52SF786 | 599 | 0.48% p.a. | Accumulating | Ireland | Full replication | |
Xtrackers MSCI Canada UCITS ETF 1CLU0476289540 | 250 | 0.35% p.a. | Accumulating | Luxembourg | Full replication | |
Lyxor MSCI Canada UCITS ETF - DistLU0496786731 | 35 | 0.40% p.a. | Distributing | Luxembourg | Unfunded swap | |
HSBC MSCI Canada UCITS ETF USDIE00B51B7Z02 | 26 | 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 | 1.07% | 8.82% | 10.78% | -3.39% | 8.46% |
Index | 2021 in % |
2020 in % |
2019 in % |
2018 in % |
2017 in % |
|
---|---|---|---|---|---|---|
MSCI Canada | -3.84% | -3.39% | 29.29% | -13.17% | 2.17% |
Source: justETF.com; As of 31/12/2020; Calculations in EUR based on the largest ETF of the respective index.
The best Canada ETFs
by 1 year return
1 | Lyxor MSCI Canada UCITS ETF - Dist | -3.37% |
2 | UBS ETF (LU) MSCI Canada UCITS ETF (CAD) A-dis | -3.39% |
3 | Xtrackers MSCI Canada UCITS ETF 1C | -3.80% |
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 | Xtrackers MSCI Canada UCITS ETF 1C | 0.35% p.a. |
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 5 ETFs. However, Canada is weighted with less than 5% in these indices (as of 30/10/2020). 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: 4.02% (30/10/2020) |
2 ETFs | 637 (31/12/2020) |
The FTSE North America index tracks stocks in USA and Canada.
Index factsheet |
MSCI North America | North America
Canada: 4.40% (30/10/2020) |
3 ETFs | 709 (31/12/2020) |
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 | |
---|---|---|---|---|---|---|
Vanguard FTSE North America UCITS ETF DistributingIE00BKX55R35 | 1,052 | 0.10% p.a. | Distributing | Ireland | Full replication | |
iShares MSCI North America UCITS ETFIE00B14X4M10 | 960 | 0.40% p.a. | Distributing | Ireland | Optimized sampling | |
Vanguard FTSE North America UCITS ETF (USD) AccumulatingIE00BK5BQW10 | 198 | 0.10% p.a. | Accumulating | Ireland | Full replication | |
Lyxor MSCI North America UCITS ETFLU0392494992 | 110 | 0.25% p.a. | Distributing | Luxembourg | Unfunded swap | |
Amundi Index MSCI North America UCITS ETF DR EUR (D)LU1737653045 | 6 | 0.15% p.a. | Distributing | Luxembourg | Full replication |
Index | 1 month in % |
3 months in % |
6 months in % |
1 year in % |
3 years in % |
|
---|---|---|---|---|---|---|
FTSE North America | 1.49% | 7.68% | 12.55% | 9.60% | 44.85% | |
MSCI North America | 1.58% | 7.83% | 12.75% | 9.72% | 43.99% |
Index | 2021 in % |
2020 in % |
2019 in % |
2018 in % |
2017 in % |
|
---|---|---|---|---|---|---|
FTSE North America | 8.83% | 9.60% | 33.54% | -1.03% | 6.63% | |
MSCI North America | 9.07% | 9.72% | 33.07% | -1.38% | 6.18% |
Source: justETF.com; As of 31/12/2020; Calculations in EUR based on the largest ETF of the respective index.