Are you looking for the best ETF in Canada to diversify your investments? We rounded up the 5 best Canadian ETFs based on performance, dividends and focus. From funds that perform well in the medium and long run to the best dividend, REIT and bond funds, these are the high-performing ETFs to watch on the TSX.
If you’re ready to invest, check out ETF fees for brokerages like Wealthsimple, TD Direct Investing, Questrade, RBC Direct Investing and more.
CI Galaxy Bitcoin ETF C$ Unhedged (BTCX.B)
The CI Galaxy Bitcoin ETF (C$) has yielded an impressive 150.01% return over the past year. The fund has net assets worth over $690 million and has a modest expense ratio of 0.40%. It’s designed for high-risk investors who want long-term capital growth from Bitcoin investments. Unlike buying cryptocurrency directly, BTCX-U provides indirect exposure to Bitcoin in the form of a professionally managed, institution-quality fund.
Buy on Interactive BrokersThese are the 5 top Canadian ETFs on the TSX based on 1-year performance:
| Symbol | ETF name | 1Y returns | Management fee | Net assets |
|---|---|---|---|---|
| BTCX.B | CI Galaxy Bitcoin ETF C$ Unhedged | 150.01% | 0.40% | 692.09M |
| FBTC | Fidelity Advantage Bitcoin ETF | 149.16% | 0.40% | 423.35M |
| BTCX.U | CI Galaxy Bitcoin ETF US$ | 149.03% | 0.40% | 302.73M |
| FBTC.U | Fidelity Advantage Bitcoin ETFTM | 148.26% | 0.40% | 312.68M |
| BTCC.B | Purpose Bitcoin CAD ETF Non-Currency Hedged Units | 147.38% | 1.00% | 1.15B |
Global X Uranium Index ETF (HURA)
The Global X Uranium Index ETF has yielded a solid 34.04% return over the past 5 years. The high-risk fund aims to replicate the Solactive Global Uranium Pure-Play Index, which tracks businesses around the world that impact the price of uranium or that are involved in uranium exploration and mining. The management expense ratio is 0.99%, and total net assets are around $88 million.
Buy on Interactive BrokersThese are the 5 top Canadian ETFs on the TSX based on 5-year performance:
| Symbol | ETF name | 5Y returns | Management fee | Net assets |
|---|---|---|---|---|
| HURA | Global X Uranium Index ETF | 34.04% | 0.75% | 88.12M |
| HBGD.U | Global X Big Data & Hardware Index ETF | 33.04% | 0.45% | 14.41M |
| HBGD | Horizons Big Data & Hardware Index ETF | 33.00% | 0.45% | 19.62M |
| HQU | BetaPro NASDAQ-100 2x Daily Bull ETF | 31.06% | 1.15% | 375.74M |
| HXQ | Global X NASDAQ-100 Index Corporate Class ETF | 21.75% | 0.25% | 948.57M |
Middlefield Innovation Dividend ETF (MINN)
The Middlefield Innovation Dividend ETF has yielded a 40.70% return over the past 12 months. The fund aims to provide long-term returns by investing in global dividend-paying companies that develop and market products and services related to artificial intelligence, cloud computing, online advertising, software and e-commerce. It holds net assets of more than $117 million and has an expense ratio of 0.90%.
Buy on Interactive BrokersThese are the 5 best dividend ETFs on the TSX based on 1-year performance:
| Symbol | ETF name | Yield | Management fee | Net assets |
|---|---|---|---|---|
| MINN | Middlefield Innovation Dividend ETF | 2.10% | 1.56% | 117.94M |
| TUED | TD Active U.S. Enhanced Dividend ETF | 2.41% | 0.65% | 313.38M |
| TUED-U | TD Active U.S. Enhanced Dividend ETF USD | 2.55% | 0.65% | 11.93M |
| TUEX | TD Active U.S. Enhanced Dividend CAD Hedged ETF | 12.12% | 0.65% | 2.52M |
| RUD | RBC Quant U.S. Dividend Leaders ETF | 1.50% | 0.39% | 530.88M |
Harvest Global REIT Leaders Income ETF (HGR)
The Harvest Global REIT Leaders Income ETF has yielded a modest 6.01% return over the past year. It aims to provide regular income and capital appreciation. Suitable for investors with a medium risk tolerance, the fund invests in more than 20 leading, large capitalization REIT companies and offers exposure to growing sectors like healthcare, technology and logistics. It holds net assets of over $16 million and has a management fee of 0.85%.
Buy on Interactive BrokersThe real estate investment trust (REIT) industry has dipped in 2024, with the S&P/TSX Capped REIT index yielding a -9.17% return year to date and a -9.86% return over the past 12 months. These are the 5 best REIT ETFs on the TSX based on 1-year performance:
| Symbol | ETF name | 1Y returns | Management fee | Net assets |
|---|---|---|---|---|
| HGR | Harvest Global REIT Leaders Income ETF | 6.01% | 0.85% | 16.46M |
| CGRE | CI Global REIT Private Pool | 4.81% | 0.70% | 58.64M |
| HRED | BetaPro Equal Weight Canadian REIT -2x Daily Bear ETF | 4.55% | 1.15% | 5.94M |
| VRE | Vanguard FTSE Canadian Capped REIT Index ETF | 1.10% | 0.35% | 255.97M |
| RIT | CI Canadian REIT ETF | 0.43% | 0.86% | 458.53M |
Global X Active Hybrid Bond and Preferred Share ETF Common (HYBR)
The Global X Active Hybrid Bond and Preferred Share ETF has yielded a solid 29.03% return over the past year. The fund has net assets worth around $63 million and has a modest expense ratio of 0.64%. It aims to provide high income by investing in fixed income and equity securities in both Canadian and US companies. Subject to the sub-advisor’s discretion, the fund may hedge some or all of its non-CAD currency exposure.
Buy on Interactive BrokersThese are the 5 best bond ETFs on the TSX based on 1-year performance:
| Symbol | ETF name | 1Y returns | Management fee | Net assets |
|---|---|---|---|---|
| HYBR | Global X Active Hybrid Bond and Preferred Share ETF Common | 29.03% | 0.55% | 63.03M |
| ZFH | BMO Floating Rate High Yield ETF | 14.82% | 0.40% | 93.05M |
| CGHY-U | CI Global High Yield Credit Private Pool | 12.77% | 0.55% | 1.68M |
| FLX.U | Purpose Global Flexible Credit Fund – ETF Non-currency hedged USD | 12.23% | 1.20% | 7.23M |
| CGHY | CI Global High Yield Credit Private Pool ETF CAD | 12.15% | 0.55% | 12.43M |
Basic details about a fund can be found in its ETF Facts document (known in other countries as Key Investor Information Documents or KIIDs), which the Canadian Securities Administrators (CSA) requires fund managers to provide investors. The document breaks down key information including:
There are 2 main ETF fees you should know about:
| Platform | ETF trade fee | |
|---|---|---|
CIBC Investor's Edge | $6.95 | |
Questrade | Free (buy), $4.95–$9.95 (sell) | |
Interactive Brokers | Min. $1.00, Max. 0.5% | |
RBC Direct Investing | $9.95 ($6.95 if completed 150 trades or more a quarter) | |
Qtrade Direct Investing | $0 - $8.75 | |
Wealthsimple | Free | |
National Bank Direct Brokerage | $0 | |
Scotia iTRADE | $9.99 ($4.99 if completed 150 trades or more a quarter) | |
TD Direct Investing | $7.00 - $9.99 | |
BMO InvestorLine | $0 - $9.95 |
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