Canadian Equities - Updated Monthly

Canadian ETF Leaders

Updated August 2026 with factor data through April 2026. 2,053 Canadian ETFs are in the current universe, 761 were excluded as under two years old, 1,047 produced usable analysis output, and 1 passed the publish filters.

Analysis model: AQR Canada factors: market, size, value, quality, and momentum
The Canadian leaders table maps directly to the current AQR-backed Canadian model. Quality is represented by QMJ, so the public table shows a quality score rather than separate profitability and investment columns. Relative valuation uses split-adjusted recurring distributions; special distributions are excluded from valuation but remain in total return. A fund must also score on at least one non-market factor beyond market beta to qualify for the Leaders list.
What makes this page useful for Canadian ETF research

The Canadian leaders table is designed for readers who want a disciplined view of TSX-listed smart-beta funds rather than a marketing list of past winners. It highlights funds with credible factor capture, sensible beta, acceptable valuation, and enough history to judge the signal. Use it as the entry point for Canadian screening, then move into the full Canadian universe page when you need to compare near-miss funds or inspect the underlying factor mix in more detail.

Important disclaimer

This table is educational research, not a personalized recommendation for Canadian investors or advisors. A fund can rank well here and still be unsuitable because of taxes, currency exposure, liquidity, or account-specific constraints. Treat the list as a screening tool, then validate implementation details yourself.

Universe
2,053
Canadian ETF universe
Excluded as < 2y Old
761
Fewer than 24 monthly returns
Analyzed
1,047
Produced valid analysis output
Leaders
1
Passed publish filters
Top Leader
DGRC
CI Canada Quality Dividend Growth Index ETF
This update
April 2026 update: 0 added / 0 dropped / 1 methodology exclusion
Download and API access

Use the table's CSV export for a spreadsheet snapshot. For agents, scripts, and repeatable research workflows, use the VerifiedBeta API for structured leaders data, factor metrics, model metadata, and ticker aliases.

Scroll horizontally using the top or bottom bar to view the full factor and performance detail.

Ticker Fund Name Fund
Score		 Mkt
Beta		 Small Value Quality Momentum Alpha % Non-Mkt
Factor %		 Rel. Sharpe
Backtested		 Rel. Sharpe
Actual		 Period Start Adj.
R^2		 Dividend Val.
100=Median		 MER
%		 AUM
($M)
Ticker Fund Name Fund
Score		 Mkt
Beta		 Small Value Quality Momentum Alpha % Non-Mkt
Factor %		 Rel. Sharpe
Backtested		 Rel. Sharpe
Actual		 Period Start Adj.
R^2		 Dividend Val.
100=Median		 MER
%		 AUM
($M)
DGRC CI Canada Quality Dividend Growth Index ETF 80.6 100.0 - - 100.0 - -3.08 3.54 1.167 0.909 8.58Y 103M 2017-Oct 0.893 104.7 0.21 838
What changed this update

1 Canadian Leader after the April 2026 factor update, versus 2 in the prior factor month.

Factor data advanced from March 2026 to April 2026.

Added
No funds were added after the current Leaders gate.
Dropped
No prior Leaders dropped on the current data/filter pass.
Methodology
  • HDIV Hamilton Enhanced Canadian Covered Call ETF Methodology Covered-call income strategy

Methodology update: enhanced-income, covered-call, option-income, defined-outcome, levered/inverse, and single-stock-linked funds are now kept in Universe but excluded from Leaders.

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Important context

VerifiedBeta publishes educational ETF research, not personalized investment advice, portfolio management, or security recommendations. Funds that screen well here can still be unsuitable for your objectives, taxes, liquidity needs, or constraints. Review fund documents, methodology assumptions, and your own circumstances before acting. See the full disclaimer.