Canadian investors have a wide range of exchange-traded funds (ETFs) to choose from.
The Vanguard FTSE Canada All Cap Index ETF is a popular option, offering broad diversification with a low cost.
It tracks the performance of the FTSE Canada All Cap Index, which covers over 90% of the Canadian equity market.
The ETF has a MER of 0.17%, making it an attractive choice for those looking to save on fees.
The iShares S&P/TSX Composite High Income Index ETF is another option for income-seeking investors.
It focuses on high-dividend stocks from the S&P/TSX Composite Index, providing a regular income stream.
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Providers
There are several providers of exchange-traded funds (ETFs) in Canada, including BlackRock Inc, BMO Asset Management, and Horizons ETFs Management.
BlackRock Inc is the largest ETF provider in Canada, offering a range of ETFs under the RBC iShares brand name, including the TSX: XIU – S&P/TSX 60 Total Return Index ETF.
BMO Asset Management offers a variety of ETFs, including the TSX: ZCN – BMO Dow Jones Canada Titans 60 Index ETF and the TSX: ZDV – BMO Canadian Dividend ETF.
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Horizons ETFs Management, including its Horizons Betapro series, offers a range of ETFs, including the TSX: HXT – Horizons S&P/TSX 60 Index ETF and the TSX: HBB – the Horizons CDN Select Universe Bond ETF.
Here is a list of some of the ETFs offered by these providers:
These providers offer a range of ETFs that track various indices, including Canadian and international equity, bond, and commodity markets.
Investment Details
When you're considering a Canadian exchange-traded fund (ETF), it's essential to understand the investment details. You can find this information in the ETF's investment breakdown, which provides a snapshot of how the fund's investments are allocated.
The top ten investments in the ETF are typically listed, along with the investment mix of the portfolio. This gives you a sense of how diversified the ETF is and whether it aligns with your investment goals. You can quickly see the fund's current top ten investments as well as the investment mix of the ETF's investment portfolio.
The ETF Facts document provides a four-page summary of key information about the ETF, including its investments, risk rating, past performance, and costs associated with owning it. This document is designed to help you make an informed decision about your investment.
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What Does the ETF Invest In?
The ETF invests in a variety of assets, and understanding how these investments are allocated can give you a sense of how diversified the ETF is.
The ETF Facts document provides a snapshot of how the ETF's investments are allocated, including the current top ten investments and the investment mix of the ETF's portfolio.
This information can be found in the "What does the ETF invest in?" section of the ETF Facts document.
The ETF may invest in a specific index, such as the S&P/TSX 60 Index, which is tracked by the Horizons S&P/TSX 60 Index ETF (TSX: HXT).
The investment breakdown can be by industry, asset class, or geographic location, giving you a clear picture of the ETF's investment strategy.
Here's a breakdown of the investment mix for some of the Horizons ETFs:
The investment mix can help you understand how the ETF is positioned in the market and whether it aligns with your investment goals.
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Hamilton ETFs
Hamilton ETFs is an ETF manager headquartered in Toronto, Ontario, offering actively managed, financial services-oriented ETFs. Their focus is on providing unique investment opportunities to investors.
Hamilton ETFs offers a range of ETFs, including the Hamilton Financials Innovation ETF, which is listed as TSX: HFT. This ETF tracks a specific index, but the exact details are not provided in the article section.
Their ETFs cover a variety of investment themes, including financial services, banks, and utilities. For example, the Hamilton Canadian Bank Mean Reversion Index ETF is listed as TSX: HCA, and it's an actively managed ETF.
Some of their ETFs are designed to provide income or maximize yields. The Hamilton Canadian Financials Yield Maximizer ETF, listed as TSX: HMAX, is one such example.
Here is a list of some of the ETFs offered by Hamilton ETFs:
- TSX: HFT – Hamilton Financials Innovation ETF
- TSX: HCA – Hamilton Canadian Bank Mean Reversion Index ETF
- TSX: HMAX – Hamilton Canadian Financials Yield Maximizer ETF
- TSX: HEB – Hamilton Canadian Bank Equal-Weight Index ETF
Frequently Asked Questions
Is there a Canadian ETF that tracks the S&P 500?
Yes, the Invesco S&P 500 Equal Weight Index ETF - CAD offers Canadian investors exposure to the S&P 500 Index. This ETF provides a unique way to invest in the US market with a balanced growth strategy.
What ETF tracks the Canadian stock market?
The Vanguard FTSE Canada Index ETF tracks the Canadian stock market, providing a broad representation of publicly traded Canadian securities. It's a popular choice for investors seeking to mirror the Canadian market's performance.
Does Vanguard have a Canada ETF?
Yes, Vanguard offers an ETF that tracks the performance of Canadian large- and mid-capitalization stocks. This ETF seeks to replicate the FTSE Canada Domestic Index.
Sources
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