Best ETFs in Canada This November 2025
The Canadian exchange-traded fund (ETF) market continues to offer unprecedented opportunities for investors seeking diversified and strategic financial growth. According to the Canadian ETF Association CETFA, 47% of Canadian investors now prefer ETFs over traditional mutual funds, signaling a significant shift in investment strategies. Understanding ETF fundamentals can help investors navigate this dynamic landscape and make informed decisions that align with their financial goals. With numerous options available, this guide will reveal the top ETF performers that promise robust returns and strategic investment potential this November.
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Summary Table for Best ETFs in Canada This November 2025
| Stock | Dividend | 1-Year Return | Learn More |
|---|---|---|---|
|
Horizons S&P/TSX 60 ETF (HXT) ETF |
No | 23.12% | Learn More |
|
Vanguard FTSE Canada All Cap Index ETF (VCN) Dividend Income |
3.0% | 25.17% | Learn More |
|
iShares Core S&P/TSX Capped Composite Index ETF (XIC) Dividend Income |
2.15% | 24.54% | Learn More |
|
BMO S&P TSX Capped Composite Index ETF (ZCN) Dividend Income |
2.28% | 25.86% | Learn More |
|
BMO Equal Weight Banks Index ETF (ZEB) Dividend Income |
3.26% | 28.67% | Learn More |
|
iShares S&P/TSX 60 Index ETF (XIU) Dividend Income |
2.53% | 23.31% | Learn More |
|
iShares Canadian Select Dividend Index ETF (XDV) Dividend Income |
3.79% | 18.85% | Learn More |
|
iShares Core Equity ETF Portfolio (XEQT) ETF |
No | 19.26% | Learn More |
|
Purpose Bitcoin ETF (BTCC) Dividend Income |
38.37% | 14.62% | Learn More |
|
BMO Aggregate Bond Index ETF (ZAG) Dividend Income |
3.42% | 4.63% | Learn More |
1. Horizons S&P/TSX 60 ETF (HXT)
The Horizons S&P/TSX 60 ETF provides direct exposure to 60 of the largest and most liquid companies listed on the S&P/TSX 60® Index, offering investors a comprehensive way to invest in the Canadian large-cap market segment.
- Tracks the S&P/TSX 60™ Index (Total Return)
- Low Management Expense Ratio (MER) of 0.08%
- Covers large-cap market segment of Canadian equity market
- Corporate class structure
Pros
- Broad market representation
- Low-cost investment option
- Passive index tracking
- Transparent investment strategy
Cons
- No dividend payments
- Limited to large-cap stocks
- Dependent on overall market performance
Why is it Our Top Pick?
The Horizons S&P/TSX 60 ETF stands out for its broad market exposure, extremely low management fees, and consistent performance. With a strong year-to-date return of 23.12% and tracking the top 60 Canadian companies, it offers investors a simple, cost-effective way to gain comprehensive Canadian market exposure.
2. Vanguard FTSE Canada All Cap Index ETF (VCN)
The Vanguard FTSE Canada All Cap Index ETF provides investors with comprehensive exposure to the entire Canadian stock market, tracking approximately 230 of Canada's largest publicly traded companies across large, mid, and small-cap segments.
Vanguard FTSE Canada All Cap Index ETF (VCN)
- Tracks FTSE Canada All Cap Domestic Index
- Passively managed, full-replication strategy
- Covers large-, mid-, and small-cap Canadian equities
- Quarterly dividend distribution
Pros
- Comprehensive market coverage
- Low-cost investment
- Diversified across market capitalizations
- Quarterly dividend payments
Cons
- Dependent on overall Canadian market performance
- Limited international exposure
- Potential volatility in smaller cap segments
3. iShares Core S&P/TSX Capped Composite Index ETF (XIC)
The iShares Core S&P/TSX Capped Composite Index ETF provides comprehensive exposure to Canadian equities by tracking the S&P/TSX Capped Composite Index. This ETF offers investors a diversified, low-cost approach to investing in Canadian stocks across various sectors and market capitalizations.
iShares Core S&P/TSX Capped Composite Index ETF (XIC)
- Seeks to replicate the performance of the S&P/TSX Capped Composite Index
- Provides exposure to diversified Canadian equities
- Includes small, medium, and large businesses across manufacturing sectors
- Designed as a long-term core holding
Pros
- Comprehensive Canadian market exposure
- Low-cost investment option
- Liquid and widely traded stocks
- Suitable for long-term investment strategy
Cons
- Limited exposure to technology stocks
- Potential underperformance compared to S&P 500 Index
- Primarily focused on Canadian market
4. BMO S&P TSX Capped Composite Index ETF (ZCN)
The BMO S&P TSX Capped Composite Index ETF offers investors a passive investment strategy that aims to replicate the performance of the S&P/TSX Capped Composite Index. With strong historical returns and a low-cost approach, this ETF provides broad exposure to the Canadian equity market.
BMO S&P TSX Capped Composite Index ETF (ZCN)
- Passive investment strategy
- Replicates S&P/TSX Capped Composite Index
- Invests in constituent securities proportionally
- Quarterly dividend payments
Pros
- Transparent investment approach
- Solid historical returns
- Diversified Canadian equity exposure
- Low management fees
Cons
- Limited international diversification
- Concentrated in Canadian market
- Performance dependent on index performance
5. BMO Equal Weight Banks Index ETF (ZEB)
The BMO Equal Weight Banks Index ETF offers investors targeted exposure to the Canadian banking sector with an innovative equal-weight approach, providing a balanced opportunity to capitalize on the consistent performance of Canada's major banks.
BMO Equal Weight Banks Index ETF (ZEB)
- Seeks to replicate the Solactive Equal Weight Canada Banks Index
- Provides income and potential upside return of Canadian banks
- Equal-weight strategy across major Canadian banking institutions
- Low expense management
Pros
- Diversified banking sector investment
- Proven performance track record
- Transparent investment strategy
- Competitive dividend yield
Cons
- Concentrated in single sector
- Potential sensitivity to banking industry fluctuations
- Market-dependent returns
6. iShares S&P/TSX 60 Index ETF (XIU)
The iShares S&P/TSX 60 Index ETF provides investors with broad exposure to Canada's largest and most established companies, offering a comprehensive snapshot of the Canadian equity market with a proven long-term growth strategy.
iShares S&P/TSX 60 Index ETF (XIU)
- Tracks the S&P/TSX 60 Index
- Focuses on large, established Canadian companies
- First ETF launched in Canada in 1990
- Highly liquid investment vehicle
Pros
- Represents top 60 Canadian companies
- Historical performance stability
- Low management fees
- Diversified investment approach
Cons
- Limited international diversification
- Concentration in Canadian market
- Sector-specific market risks
7. iShares Canadian Select Dividend Index ETF (XDV)
The iShares Canadian Select Dividend Index ETF provides strategic exposure to 30 high-yielding Canadian companies, offering investors a targeted approach to dividend income and long-term capital growth through the Dow Jones Canada Select Dividend Index.
iShares Canadian Select Dividend Index ETF (XDV)
- Replicates the performance of the Dow Jones Canada Select Dividend Index
- Provides exposure to 30 high-yielding Canadian companies
- Offers monthly dividend distributions
- Rules-based methodology for stock selection
Pros
- Diversified dividend-focused strategy
- Low expense ratio (0.00%)
- Strong year-to-date performance
- Monthly income generation
Cons
- Concentrated in 30 Canadian dividend stocks
- Potential market volatility
- Limited international diversification
8. iShares Core Equity ETF Portfolio (XEQT)
The iShares Core Equity ETF Portfolio is designed to provide long-term capital growth by investing primarily in BlackRock Canada managed exchange-traded funds, offering investors a comprehensive and professionally managed equity investment strategy.
- Seeks long-term capital growth
- Invests in BlackRock Canada managed ETFs
- Broad market exposure
- Professionally managed portfolio
Pros
- Managed by reputable BlackRock Canada
- Comprehensive equity market coverage
- Consistent performance
- Low-cost investment strategy
Cons
- Dependent on overall market performance
- Limited to BlackRock managed funds
- No guaranteed returns
- Potential market volatility
9. Purpose Bitcoin ETF (BTCC)
Purpose Bitcoin ETF offers investors a unique opportunity to gain direct exposure to Bitcoin through a regulated, physically-backed ETF that provides institutional-grade storage and transparent ownership of digital assets.
Purpose Bitcoin ETF (BTCC)
- World's first spot Bitcoin ETF
- Physically settled Bitcoin ownership
- Institutional-grade cold storage
- Regulated cryptocurrency exposure
Pros
- Regulated by FINTRAC
- Backed by trusted custodians like Gemini and Coinbase
- Easy access to Bitcoin investments
- Transparent ownership structure
Cons
- High volatility in cryptocurrency markets
- Potential regulatory changes
- Dependency on Bitcoin price fluctuations
10. BMO Aggregate Bond Index ETF (ZAG)
The BMO Aggregate Bond Index ETF provides conservative investors with a low-cost, diversified fixed-income solution that tracks the FTSE Canada Universe Bond Index, offering stable income and portfolio protection during uncertain economic conditions.
BMO Aggregate Bond Index ETF (ZAG)
- Tracks FTSE Canada Universe Bond Index
- Minimal management expense ratio of 0.09%
- Low-risk investment strategy
- Monthly income distribution
Pros
- Suitable for conservative investors
- Low fees
- Predictable income stream
- Ideal for retirement portfolios
Cons
- Lower returns compared to equity investments
- Sensitive to interest rate changes
- Limited growth potential
- Current technical analysis suggests a "sell" rating
Final Words
Selecting the ideal financial product ultimately depends on your individual goals, spending patterns, and financial situation. We recommend comparing the features and benefits of our top picks, then taking action to optimize your financial strategy for the current market conditions.
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Frequently Asked Questions: Best ETFs in Canada This November 2025
What are the top low-fee Canadian ETFs to invest in right now?
The Horizons S&P/TSX 60 ETF (HXT) and BMO S&P TSX Capped Composite Index ETF (ZCN) offer some of the lowest management fees around 0.05-0.10% in the Canadian market.
Which Canadian ETF provides the most comprehensive market coverage?
The Vanguard FTSE Canada All Cap Index ETF (VCN) offers the most comprehensive market coverage, tracking over 200 Canadian companies across different market capitalizations.
How do I choose the right Canadian bank sector ETF for my investment portfolio?
The BMO Equal Weight Banks Index ETF (ZEB) provides balanced exposure to Canada's top banking institutions with equal weight allocation, making it an attractive option for sector-specific investing.
What is the most popular Canadian index tracking ETF in 2025?
The iShares Core S&P/TSX Capped Composite Index ETF (XIC) remains the most popular Canadian index tracking ETF, with over $5 billion in assets under management.