Investors in Canada are constantly on the lookout for opportunities that offer strong growth potential and the chance to capitalize on market trends. Exchange-Traded Funds (ETFs) have emerged as a popular investment vehicle, providing diversification, flexibility, and ease of access to a wide range of market sectors. If you’re seeking the best growth ETF in Canada, evaluating their past year performance can be a valuable starting point in identifying potential winners.
In this post, we will delve into the realm of Canadian growth ETFs and explore those that have demonstrated remarkable performance over the past year. By analyzing historical data, we can gain insights into the ETFs that have successfully navigated market fluctuations and exhibited consistent growth. However, it’s important to note that past performance does not guarantee future results, and conducting thorough research and considering other factors is crucial before making any investment decisions.
Top 10 Best Growth ETF in Canada
| Symbol | Name | AUM | Mgmnt Fee | 52W %Chg |
| XIT.TO | Ishares S&P TSX Capped Info Tech | 574 | 0.55% | 37.26% |
| HXQ.TO | Horizons Nasdaq 100 Index | 735 | 0.25% | 24.66% |
| ZNQ.TO | BMO Nasdaq 100 Equity Index | 307 | 0.35% | 24.33% |
| QQC.TO | Invesco Nasdaq 100 Index | 105 | N/A | 23.81% |
| TEC.TO | TD Global Technology Leaders Index | 1,358 | 0.35% | 23.02% |
| ZUQ.TO | BMO MSCI USA High Quality Index | 500 | 0.30% | 17.20% |
| HXQ-U.TO | Horizons Nasdaq 100 Index USD | 525 | 0.25% | 17.16% |
| ZGQ.TO | BMO MSCI All Cntry Wrld High Qlty | 331 | 0.45% | 15.43% |
| XQQ.TO | Ishares Nasdaq 100 Index | 2,093 | 0.35% | 14.96% |
| ZQQ.TO | BMO Nasdaq 100 Hedged To CAD Index | 1,523 | 0.35% | 14.95% |
Review of BMO’s low volatility ETFs: ZLB and ZLU
Best Preferred Shares ETFs in Canada (High monthly Dividends)
XIT – Ishares S&P TSX Capped Info Tech
XIT seeks long-term capital growth by replicating the performance of the S&P/TSX Capped Information Technology Index, net of expenses. The index tracked includes exclusively Canadian companies. In total, this ETF invest in 24 Canadian technology stocks. There is a 25% cap put in place to avoid over exposure to a particular stock.
HXQ – Horizons Nasdaq 100 Index
HXQ invests in the 100 of the largest domestic and international nonfinancial companies listed on The NASDAQ Stock Market.
QQC – Invesco Nasdaq 100 Index
QQC invests in the 100 of the largest domestic and international nonfinancial companies listed on The NASDAQ Stock Market.
TEC – TD Global Technology Leaders Index
The objective of the TEC ETF in Canada is to provide investors with exposure to the performance of the technology sector. By investing in the TEC ETF, investors have the opportunity to participate in the growth and potential returns of technology companies. These companies operate in various areas within the technology sector, including software, hardware, internet, telecommunications, and other related industries.
The TEC ETF seeks to offer investors exposure to both established companies and emerging players in the sector.
ZUQ – BMO MSCI USA High Quality Index
The BMO MSCI USA High Quality seeks to replicate, to the extent possible, the performance of the MSCI USA Quality Index, net of expenses. The index is 100% invested in the United States.
The fund selects the securities according to the criteria below:
• Large or medium-sized business; High return on equity; Sustained growth in revenues; Low debt ratio
HXQ-U – Horizons Nasdaq 100 Index USD
ZQQ invests in the 100 of the largest domestic and international nonfinancial companies listed on The NASDAQ Stock Market.
HXQ-U trades in US dollars.
ZGQ – BMO MSCI All Cntry Wrld High Qlty
The BMO MSCI World High Quality ETF seeks to replicate, to the extent possible, the performance of the MSCI All Country World High Quality Index, net of expenses. ZGQ is a global ETF. While ZUQ invests mainly in the American market.
The fund selects the securities according to the criteria below:
- Large or medium-sized business;
- High return on equity;
- Sustained growth in revenues;
- Low debt ratio
XQQ – Ishares Nasdaq 100 Index
XQQ invests in the 100 of the largest domestic and international nonfinancial companies listed on The NASDAQ Stock Market.
ZQQ – BMO Nasdaq 100 Hedged To CAD Index
ZQQ invests in the 100 of the largest domestic and international nonfinancial companies listed on The NASDAQ Stock Market.
Disclaimer
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