In this post, we will delve into the realm of the Best Growth ETF in Canada and explore those that have demonstrated remarkable performance over the past 5 years. 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 Best Growth ETF in Canada – Performance
Sure, here’s the updated list in a table format:
| Symbol | ETF Name | Perf %5Y |
|---|---|---|
| HQU | BETAPRO NASDAQ 100 2X DAILY BULL ETF | +224.13% |
| HXQ.U | GLOBAL X NASDAQ 100 INDX CORP CL ETF USD | +174.50% |
| NNRG | NINEPOINT ENERGY FUND | +163.80% |
| HXQ | GLOBAL X NASDAQ 100 INDEX CORP CL ETF | +156.09% |
| ZNQ | BMO NASDAQ 100 EQUITY INDEX ETF | +153.70% |
| TEC | TD GLOBAL TECHNOLOGY LEADERS INDEX ETF | +149.00% |
| QQC.F | INVESCO NASDAQ 100 INDEX ETF | +125.07% |
| XQQ | ISHARES NASDAQ 100 INDEX ETF | +124.87% |
| ZQQ | BMO NASDAQ 100 HEDGED TO CAD INDEX ETF | +124.56% |
| HSU | BETAPRO SP500 2X DAILY BULL ETF | +121.39% |
| FCUV | FIDELITY US VALUE ETF | +112.43% |
| DRMU | DESJARDINS RI USA NZ EM PTHWY ETF | +111.13% |
| ZUQ | BMO MSCI USA HIGH QUALITY INDEX ETF | +107.06% |
| XEG | ISHARES SP TSX CAPPED ENERGY INDEX ETF | +105.71% |
| HXS | GLOBAL X SP 500 INDEX CORP CLASS ETF | +103.24% |
Review of BMO’s low volatility ETFs: ZLB and ZLU
Best Preferred Shares ETFs in Canada (High monthly Dividends)
Analysis
The table highlights the top-performing ETFs in Canada over the past 5 years. It’s evident that the technology sector has been a dominant force in delivering strong returns during this period. In fact, several ETFs related to the technology sector have shown remarkable growth, with returns exceeding 100%. Indeed, this performance reflects the growing influence and profitability of technology companies in today’s markets.
Overall, the table underscores the significance of technology-related ETFs and the importance of sector-specific and quality-driven strategies in achieving substantial returns over the past 5 years. However, as with any investment, past performance is not indicative of future results, and investors should conduct thorough research and consider their financial goals and risk tolerance before making investment decisions.
HQU BETAPRO NASDAQ 100 2X DL BL ETF NEW SHS ETF
HQU aims to double (200%) the daily performance of the NASDAQ-100 Inde in Canadian dollars. The fund uses uses leverage, making it riskier than other funds. This means that for a single day, it seeks to achieve returns of +200% or -200% of its Referenced Index. However, over longer periods or during times of high volatility, the ETF’s performance may differ significantly from that of the Referenced Index, which could be in either direction.
To manage currency risks, any gains or losses in U.S. dollars resulting from the ETF’s investments will be converted back to Canadian dollars.
Investors considering this ETF should be aware of its daily monitoring requirements. They need to also carefully read the prospectus to fully understand its features before investing.
NNRG NINEPOINT ENERGY FUND
NNRG ETF invests primarily in mid-cap companies involved directly or indirectly in the exploration, development, production and distribution of oil or gas and other related activities in the energy and resource sector.
NNRG is an active ETF. The fund does not replicate an index. On the contrary, the portfolio manager selects stocks that best fit the funds’ stated objective. NNRG is suited for investment with high-risk tolerance.
The fund invests mainly in Canadian companies.
HXQ HORIZONS NASDAQ 100 INDEX ETF
HXQ seeks to replicate, to the extent possible, the performance of the NASDAQ-100® Index.
The NASDAQ-100® Index includes 100 of the largest domestic and international nonfinancial companies listed on The NASDAQ Stock Market.
HXQ.U HORIZONS NASDAQ 100 INDEX ETF USD
HXQ seeks to replicate, to the extent possible, the performance of the NASDAQ-100® Index. The NASDAQ-100® Index (Total Return) includes 100 of the largest domestic and international nonfinancial companies listed on The NASDAQ Stock Market.
Note: This fund trades in US dollars
ZNQ BMO NASDAQ 100 EQUITY INDEX ETF
BMO Nasdaq 100 Equity Index ETF has been designed to replicate the performance of a NASDAQ listed companies index.
TEC TD GLOBAL TECHNOLOGY LEADERS INDEX ETF
The TD Global Technology Leaders Index ETF aims to mirror the performance of a global equity index that tracks mid- and large-cap tech companies worldwide. More precisely, It seeks to replicate the Solactive Global Technology Leaders Index (CA NTR) or a potential successor. To achieve its goal, the fund managers plan to invest in a selected subset of securities from the relevant index. TEC fund manager may also explore other securities for exposure. Additionally, TEC can hold cash or equivalents to meet its obligations.
XIT ISHARES SP TSX CAPPED INFO TECH IDX ETF
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 essence, this ETF invest in 24 Canadian technology stocks. In addition, there is a 25% cap put in place to avoid over exposure to a particular stock.
Top Ten Holdings
| Ticker | Name | Weight (%) |
|---|---|---|
| CSU | CONSTELLATION SOFTWARE INC | 27.05 |
| SHOP | SHOPIFY SUBORDINATE VOTING INC CLA | 21.97 |
| GIB.A | CGI INC | 20.28 |
| OTEX | OPEN TEXT CORP | 9.30 |
| DSG | DESCARTES SYSTEMS GROUP INC | 6.06 |
| KXS | KINAXIS INC | 3.07 |
| CLS | CELESTICA INC | 2.70 |
| BB | BLACKBERRY LTD | 2.47 |
| LSPD | LIGHTSPEED COMMERCE INC | 1.86 |
| ENGH | ENGHOUSE SYSTEMS LTD | 0.96 |
XQQ ISHARES NASDAQ 100 INDEX ETF
iShares NASDAQ 100 Index ETF (CAD-Hedged) is an exchange traded fund that seeks to track the performance of the NASDAQ-100 Currency Hedged CAD Index.
HSU BETAPRO SP500 2X DAILY BULL ETF
The investment objective of the BetaPro S&P 500 2x Daily Bull ETF (HSU) is to provide daily investment results, before fees, expenses, distributions, brokerage commissions, and other transaction costs, that endeavor to correspond to two times (200%) the daily performance of the S&P 500 Index. It is important to note that this ETF is designed for short-term investment purposes and not as a long-term investment due to the compounding of daily returns. Investors in HSU should have a high risk tolerance, as the use of leverage increases both potential gains and potential losses.
ZQQ BMO NASDAQ 100 HEDGED TO CAD INDEX ETF
The investment objective of the BMO NASDAQ 100 Hedged to CAD Index ETF (ZQQ) is to replicate, to the extent possible, the performance of the NASDAQ 100 Index, net of expenses. This ETF aims to provide Canadian investors with exposure to the performance of the NASDAQ 100 Index, while mitigating the currency exchange risk between the U.S. dollar and the Canadian dollar. By hedging the currency, ZQQ seeks to provide returns that are more closely aligned with the Index’s performance without the added impact of currency fluctuations.
| Weight (%) | Name |
|---|---|
| 8.77% | MICROSOFT CORP |
| 7.49% | APPLE INC |
| 6.32% | NVIDIA CORP |
| 5.23% | AMAZON.COM INC |
| 4.84% | META PLATFORMS INC |
| 4.42% | BROADCOM INC |
| 2.49% | ALPHABET INC |
| 2.43% | TESLA INC |
| 2.41% | ALPHABET INC |
| 2.35% | COSTCO WHOLESALE CORP |
Archive
FCUQ FIDELITY U S HIGH QUALITY INDEX ETF UNIT SER L (CAD)
Investing in the Fidelity U.S. High Quality Index ETF presents a compelling opportunity for investors seeking single-factor exposure to companies with robust balance sheets and more stable cash flows when compared to the broader U.S. equity market.
In addition, this ETF employs an outcome-oriented approach that aims to deliver long-term outperformance, making it an attractive addition to any investment portfolio. By providing access to high-quality companies, it acts as an efficient complement to a well-diversified portfolio.
Top ten holdings
- APPLE INC
- MICROSOFT CORP
- NVIDIA CORP
- CONOCOPHILLIPS
- TEXAS PACIFIC LAND CORP
- TESLA INC
- EOG RESOURCES INC
- MAGNOLIA OIL + GAS CORP A
- PROCTER + GAMBLE CO/THE
- COCA COLA CO/THE
| Total number of holdings | 97 |
|---|---|
| Top ten holdings aggregate | 33.9% |
QQC.F INVESCO NASDAQ 100 INDEX ETF
If you’re looking for exposure to some of the largest non-financial companies listed on The Nasdaq Stock Market based on market capitalization, the XQQ ETF might be a suitable investment option. The XQQ ETF seeks to provide long-term capital growth by replicating the performance of the NASDAQ-100 Currency Hedged CAD Index, net of expenses.
XIT ISHARES SP TSX CAPPED INFO TECH IDX ETF
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 essence, this ETF invest in 24 Canadian technology stocks. In addition, there is a 25% cap put in place to avoid over exposure to a particular stock.