Top 10 Canadian ETFs to Buy in 2026
Compare the largest and most popular Canadian index funds on the TSX. Ranked dynamically by assets under management (AUM) and management expense ratios (MER).
Total Ranked
10 ETFs
Based on highest AUM
Combined Assets
$7412.2B
Total assets managed
Average MER Fee
0.14%
Industry leading low cost
Average Yield
1.66%
Consistent distributions
Rank | Fund / Ticker | AUM | MER | Yield | Actions |
|---|---|---|---|---|---|
| #1 | VTICanadian EquityVanguard Total Stock Market Index Fund ETF Shares | $2202.6B | 0.22% | 1.06% | |
| #2 | VOOU.S. EquityVanguard S&P 500 ETF | $1600.2B | 0.03% | 1.08% | |
| #3 | IVVU.S. EquityiShares Core S&P 500 ETF | $797.5B | 0.03% | 1.12% | |
| #4 | SPYU.S. EquityState Street SPDR S&P 500 ETF Trust | $735.1B | 0.09% | 1.03% | |
| #5 | VXUSInternational EquityVanguard Total International Stock Index Fund ETF Shares | $629.1B | 0.22% | 2.76% | |
| #6 | QQQCanadian EquityInvesco QQQ Trust | $440.3B | 0.20% | 0.42% | |
| #7 | BNDFixed IncomeVanguard Total Bond Market Index Fund | $389.7B | 0.03% | 3.93% | |
| #8 | VEAInternational EquityVanguard FTSE Developed Markets Index Fund ETF Shares | $304.3B | 0.05% | 2.73% | |
| #9 | VWOCanadian EquityVanguard Emerging Markets Stock Index Fund | $159.9B | 0.08% | 2.48% | |
| #10 | GLDCanadian EquitySPDR Gold Shares | $153.5B | 0.40% | 0.00% |
Frequently Asked Questions
How are the top Canadian ETFs ranked?
Canadian Exchange-Traded Funds (ETFs) on buyetf.ca are ranked strictly based on their total Assets Under Management (AUM) as compiled dynamically from TSX regulatory databases. Higher AUM generally indicates wider investor adoption, deeper liquidity, and tighter bid-ask spreads.
Why is the Management Expense Ratio (MER) important?
The MER is the annual fee charged by the fund provider to cover administrative and operational costs. For instance, an MER of 0.09% costs you $9 per year for every $10,000 invested. Over long horizons, selecting low-MER index funds over high-cost bank mutual funds (which often exceed 2.0%) can save you tens of thousands of dollars in compound fees.
Can I buy these ETFs commission-free in Canada?
Yes! Self-directed online brokerages like Wealthsimple and Questrade allow Canadian investors to buy and sell all TSX-listed ETFs with $0 commission fees. This makes it incredibly cost-effective to automate small weekly or monthly index contributions inside your TFSA, RRSP, or FHSA accounts.