Advertisement
Our panel picks the best exchange-traded funds focussed on Canadian stocks.
All four Canadian equity ETFs return: VCN, XIC, HXT and ZCN (see accompanying chart for full ETF names), plus we added the BMO Low Volatility Canadian ETF (ZLB, MER 0.39%), as mentioned in our ETF All-star package overview.
Remember that Canadian stocks are also amply represented in the All-in-one ETFs section.
The market crash/correction in March revealed that, in Canadian-dollar terms, Canadian investors’ returns were improved if they had significant foreign exposure, “as our loonie took on some serious water,” says panelist Yves Rebetez. As such, he urges investors to review their exposure to domestic energy and financials stocks.
| ETF Name | Ticker | Management Fee | MER | # of Holdings | Description |
|---|---|---|---|---|---|
| Vanguard FTSE Canada All Cap Index ETF | VCN | 0.05 | 0.06 | 198 | Exposure to Canadian small, medium and large caps, ultra low fee |
| iShares Core S&P/TSX Capped Composite Index ETF | XIC | 0.05 | 0.06 | 230 | Tracks Canada's best known index with a very low fee |
| Horizons S&P/TSX 60 ETF | HXT | 0.07 | 0.03 | 60 | Tax-efficient; rock-bottom 0.03% fee after rebate at least till January 2021 |
| BMO S&P TSX Capped Composite Index ETF | ZCN | 0.05 | 0.06 | 234 | Fee as low as VCN and XIC; more assets than VCN |
| NEW! BMO Low Volatility Canadian Equity ETF | ZLB | 0.35 | 0.39 | 46 | Invests in low-beta Canadian stocks that have lower volatility than the market. |
Compare the best online brokers in Canada
Share this article Share on Facebook Share on Twitter Share on Linkedin Share on Reddit Share on Email
Practical advice on how to build your retirement savings for employees at mid-career, the self-employed, single parents and more.
Canada’s inflation rate rose to 2% last month, up from 1.6% in September, but a December interest-rate cut is...
Find the best GIC rates in Canada. Plus, everything you need to know about how they work.
Which ETFs should you invest in? Which ones best suit your risk tolerance? What about personal ethics? Check out...
The Trump effect and Trumponomics, Shopify’s huge earnings beat, it’s sunny days for Suncor shareholders and more.
Here’s how to get your free ticket to attend two MoneyShow virtual expos.
The oilsands giant will return all excess cash to shareholders after hitting debt target early.
You started investing in your 20s, and you feel pretty good about doing it. But now what? Consider impact...
Shopify reports third-quarter net income of USD$828 million, and its executives aren’t concerned about how Trump’s election win will...
I was somewhat disappointed that there weren’t any performance figures or other info used to choose these ETFs ala The Globe and Mail’s Number Cruncher.
I look forward to some additional info if available.
Newbie investor here. I’m trying to understand the Management Fee vs MER. Online research suggests it only MER I need to worry about, however, Vanguard’s website (along with several others) also shows both mgmt fees and MER.
Therefore, if I invest $10k in VCN, is it fair to assume on a yearly basis I will be subject to 0.05% + 0.06% = 0.11% fees?
Due to the large volume of comments we receive, we regret that we are unable to respond directly to each one. We invite you to email your question to [email protected], where it will be considered for a future response by one of our expert columnists. For personal advice, we suggest consulting with your financial institution or a qualified advisor.