Skip to main content

How you judge your investing results this year as a user of exchange-traded funds will depend in large part on what Canadian-market ETF you use. There are 10 that will give a broad exposure to the Canadian stock market and there's a huge gap of 20 percentage points between the best and worst performers for the year to date. These returns don't tell you anything about where these ETFs are headed from here, but they do highlight the important differences in the way all of these funds go about their business.

Here's a close-up look at your Canadian market ETF choices, ranked by year-to-date returns.





ETFs that the experts choose
We asked some money managers who use ETFs to tell us their go-to fund for the Canadian stock market. The virtually unanimous reply: the iShares CDN LargeCap 60 Index Fund (XIU-T), which tracks the S&P/TSX 60 index. Here are their comments on this ETF

Story continues below advertisement

Jeff Black, Crestridge Asset Management: "Few large-cap active equity managers have outperformed the S&P/TSX 60 over the long term on a consistent and reliable basis."

Vikash Jain of archerETF Portfolio Management "Its 60 stocks cover three-quarters of total market cap … there's also BCA - BMO's new replica of the XIU. But why bother when it costs the same and all the liquidity is in XIU?"

Adrian Mastracci of KCM Wealth Management (Uses XIU, with a sprinkling of CRQ) "They represent some of the biggest Canadian companies and are core holdings."

Tyler Mordy of Hahn Investment Stewards
"Low cost, highly liquid and broadly diversified."

Report an error
About the Author
Personal Finance Columnist

Rob Carrick has been writing about personal finance, business and economics for close to 20 years. He joined The Globe and Mail in late 1996 as an investment reporter and has been personal finance columnist since November 1998. Rob's personal finance columns appear in The Globe on Tuesday and Thursday, and his Portfolio Strategy column for investors appears on Saturday. More

Comments

The Globe invites you to share your views. Please stay on topic and be respectful to everyone. For more information on our commenting policies and how our community-based moderation works, please read our Community Guidelines and our Terms and Conditions.

We’ve made some technical updates to our commenting software. If you are experiencing any issues posting comments, simply log out and log back in.

Discussion loading… ✨