1.BMO Junior Gold Index ETF
ZJG.TO (TSX)
The BMO Junior Gold Index ETF has emerged as a leading choice among Canadian ETFs, boasting impressive returns of 99.05% over the past year and 251.65% over five years. This top-performing precious metals equity fund is ideal for investors seeking exposure to gold equities, providing a modest dividend yield of 0.12%. Its strong performance and recognition as a standout in the market make it a compelling option for those looking to capitalize on the precious metals sector.
Pros:
- Top-performing precious metals equity fund
- High returns over the past year
Cons:
- High volatility in precious metals
- Annual distribution may limit cash flow
2.Vanguard All-Equity ETF Portfolio
VEQT.TO (TSX)
For investors seeking a comprehensive equity exposure, the Vanguard All-Equity ETF Portfolio stands out as a top-rated choice, earning recognition for its all-in-one investment strategy. Delivering a notable 16.43% return over the past year and a robust 61.67% over five years, it also offers a dividend yield of 1.41%. According to Warren Buffett, who advocates for broad market exposure, this ETF aligns well with his recommendation for investors to consider index funds like the S&P 500.
Pros:
- Comprehensive equity exposure
- Strong long-term performance
Cons:
- Annual distribution may limit cash flow
- Market volatility risk
3.BMO All-Equity ETF
ZEQT.TO (TSX)
The BMO All-Equity ETF offers a competitive 100% equity portfolio with a low management expense ratio of 0.20%, making it an appealing choice for investors seeking broad market exposure. With a robust 1-year return of 15.56% and a 5-year return of 50.56%, it demonstrates solid performance, complemented by a dividend yield of approximately 2.88%. This ETF is built using underlying BMO index ETFs, focusing on equity investments that can enhance portfolio growth while providing consistent income.
Pros:
- Competitive 100% equity portfolio
- Low management expense ratio
Cons:
- Market risk associated with equities
- Potential for lower returns in downturns
4.BMO Equal Weight Global Gold Index ETF
ZGD.TO (TSX)
The BMO Equal Weight Global Gold Index ETF (ZGD.TO) has emerged as the second-best performing ETF in February 2026, reflecting its strong global gold exposure. With an impressive one-year return of 89% and a five-year return of 279%, this ETF is an attractive option for investors looking to benefit from gold without the complexities of physical ownership. Additionally, it boasts a modest dividend yield of 0.22%, enhancing its appeal in the current market landscape.
Pros:
- Second-best performing ETF
- High returns over the past year
Cons:
- Recent sharp decline in price
- High volatility in gold market
5.iShares Core Equity ETF Portfolio
XEQT.TO (TSX)
The iShares Core Equity ETF Portfolio is recognized as an ideal all-in-one solution for Canadian investors, attracting significant interest and watchlist additions. With a solid dividend yield of 1.69% and impressive returns of 15.47% over the past year and 59.57% over five years, this ETF offers exposure to over 9,000 global stocks, making it a strong contender for long-term holdings despite a recent slight decline in price.
Pros:
- Widely held and added to watchlists
- Long-term capital growth potential
Cons:
- Market volatility risk
- Dependence on equity market performance
6.iShares S&P/TSX Small Cap Index ETF
XCS (TSX)
The iShares S&P/TSX Small Cap Index ETF is an attractive option for investors seeking solid growth, having delivered a remarkable 48.85% return over the past year. With a forward dividend yield of 1.21%, it not only excels in capital appreciation but also offers consistent payouts, making it a strong candidate for income-focused portfolios. Currently rated as a Moderate Buy, this ETF reflects confidence from analysts, with a substantial average price target of 41.92.
Pros:
- Strong performance relative to category average
- Good for diversifying portfolios
Cons:
- High volatility
- Dependence on small-cap market performance
7.iShares S&P/TSX Global Gold Index ETF
XGD.TO (TSX)
The iShares S&P/TSX Global Gold Index ETF stands out as a strong performer, ranking third in February 2026, and offers significant exposure to precious metals. With a remarkable one-year return of 80.12% and a solid five-year return of 182.04%, this ETF is an attractive option for investors looking to capitalize on the gold market. However, it's important to note that BlackRock rates its volatility as "High," reflecting the fluctuating nature of its returns.
Pros:
- Strong precious metals exposure
- High returns over the past year
Cons:
- High volatility
- Market risk associated with gold prices
8.BMO Equal Weight REITs Index ETF
ZRE.TO (TSX)
Ideal for investors seeking consistent income, the BMO Equal Weight REITs Index ETF offers equal-weight exposure to 20 Canadian REITs with a notable dividend yield of 4.61%. Over the past year, it has delivered a return of 4.30%, while the five-year performance reflects a decline of 5.52%. Additionally, analysts have set an average price target of C$24.83, suggesting a potential upside from its current price of C$22.52.
Pros:
- Provides equal-weight Canadian REIT exposure
- High dividend yield
Cons:
- Recent downward pressure on price
- Potential for lower returns in downturns
Final Words
As you consider the best ETFs this April 2026 in Canada, remember that thorough research and comparison of your options are essential for making informed investment decisions. Take time to explore the offerings that align with your financial goals and risk tolerance.
Frequently Asked Questions
The iShares Core Equity ETF Portfolio (XEQT.TO) is an all-in-one ETF solution designed for Canadian investors, providing exposure to over 9,000 stocks globally. It is known for its diversified approach, with investments primarily in equity securities.
Over the past year, XEQT has returned 15.47%. This performance is part of a longer-term trend, with a 3-year return of 56.83% and a 5-year return of 59.57%.
As of now, the iShares Core Equity ETF Portfolio has a dividend yield of 1.69%. The next distribution is set to be $0.0910, which will be paid quarterly.
XEQT has a beta of 0.97, indicating that it tends to be slightly less volatile than the market. However, like all equity investments, it carries risks related to market fluctuations and economic conditions.
XEQT is notable for its broad diversification and low management fee of 0.20%. Compared to other ETFs, particularly sector-specific ones, it offers a balanced exposure to global equities, making it a solid choice for long-term investors.
When choosing an ETF in Canada, consider factors such as the fund's performance history, management fees, dividend yield, and the sectors or markets it covers. It's also important to align your investment choice with your financial goals and risk tolerance.


