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Canada’s Top ETFs in February 2024

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1. iShares S&P/TSX 60 Index ETF (XIU)

Company History:

  • Established in 1990, XIU is one of Canada’s oldest ETFs.
  • Traded under its current form on the TSX since 1999.
  • Canada’s largest ETF with over $11 billion in assets.

Predictions:

  • With a history of consistent returns, XIU is likely to remain a stable choice for Canadian investors.
  • Continued growth can be expected, supported by the strength of the Canadian market.

2. Horizons Capped TSX Composite ETF (HXCN)

Company History:

  • Horizons ETFs is a pioneer in thematic investing, known for innovative ETF structures.
  • HXCN provides diversified exposure to the Canadian equity market with low fees.

Predictions:

  • Given Horizons’ focus on innovation, HXCN may introduce new features or thematic funds.
  • The ETF could see increased adoption as investors appreciate its low-cost and diversified approach.

3. Vanguard FTSE Canada ETF (VCN)

Company History:

  • Vanguard, founded in 1974, is a leading global asset management company.
  • VCN is part of Vanguard’s suite of low-cost, passively managed funds.

Predictions:

  • Vanguard’s commitment to low fees and diverse exposure may attract more investors.
  • VCN may continue to perform well, especially if there is increased demand for dividend-paying stocks.

4. iShares S&P/TSX Dividend Aristocrats ETF (CDZ)

Company History:

  • iShares, managed by BlackRock, is a major player in the global ETF market.
  • CDZ focuses on large, established Canadian companies with a history of dividend growth.

Predictions:

  • CDZ might see continued interest from income-seeking investors.
  • BlackRock’s ongoing research and product development may enhance CDZ or introduce similar ETFs.

5. Vanguard S&P 500 Index ETF (VFV)

Company History:

  • Vanguard is renowned for its low-cost, passive investment approach.
  • VFV tracks the S&P 500, providing exposure to top U.S. companies.

Predictions:

  • Given the historical outperformance of U.S. markets, VFV could remain attractive to Canadian investors.
  • Vanguard’s global presence may lead to the introduction of new global ETFs or variations.

6. iShares Core S&P 500 ETF (XSP)

Company History:

  • iShares, part of BlackRock, is a global leader in ETFs.
  • XSP is similar to VFV but is hedged to Canadian Dollars.

Predictions:

  • XSP may appeal to investors looking to mitigate currency risk.
  • iShares might explore more currency-hedged ETFs as investors seek diversified global exposure.

7. Vanguard FTSE Developed All Cap Ex North America ETF (VIU)

Company History:

  • Vanguard’s VIU provides diversified exposure to developed markets worldwide.
  • Known for its broad global ETF offerings.

Predictions:

  • VIU might see increased interest as investors look for global diversification.
  • Vanguard’s commitment to low fees may continue to attract cost-conscious investors.

8. BMO Aggregate Bond Index ETF (ZAG)

Company History:

  • Bank of Montreal (BMO) entered the ETF space in the early 2010s.
  • ZAG offers comprehensive bond exposure with a focus on safety.

Predictions:

  • ZAG may remain a popular choice during market uncertainties.
  • BMO might expand its bond ETF offerings to cater to evolving investor needs.

Predictions Disclaimer:

Predictions are speculative and subject to market conditions, economic factors, and unforeseen events. Investors should conduct thorough research and consider consulting financial professionals before making investment decisions.


This addition includes a brief company history and speculative predictions for each ETF. Please let me know if you need further details or modifications!

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