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)
1 month: 2,40%
1 year: 29,69%
3 years: 20,66%
5 years: 60,66%
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 | 85 (30-09-2024) | 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 | 1.082 | 0,48% p.a. | Accumulerend | Ierland | Volledige replicatie | |
| UBS ETF (LU) MSCI Canada UCITS ETF (CAD) A-disLU0446734872 | 825 | 0,33% p.a. | Distribueren | Luxemburg | Volledige replicatie | |
| HSBC MSCI Canada UCITS ETF USDIE00B51B7Z02 | 29 | 0,35% p.a. | Distribueren | Ierland | Volledige replicatie |
| Index | 1 month in % | 3 months in % | 6 months in % | 1 year in % | 3 years in % | |
|---|---|---|---|---|---|---|
| MSCI Canada | 1,59% | 7,00% | 5,52% | 19,57% | 25,85% |
| Index | 2024 in % | 2023 in % | 2022 in % | 2021 in % | 2020 in % | |
|---|---|---|---|---|---|---|
| MSCI Canada | 12,21% | 11,08% | -7,79% | 36,19% | -3,84% |
Source: justETF.com; As of 30-09-2024; Calculations in EUR based on the largest ETF of the respective index.
The best Canada ETFs
by 1 year return
| 1 | HSBC MSCI Canada UCITS ETF USD | 19,68% |
| 2 | iShares MSCI Canada UCITS ETF (Acc) | 19,57% |
| 3 | UBS ETF (LU) MSCI Canada UCITS ETF (CAD) A-dis | 18,89% |
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. |