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  • About Vanguard Canada ETFs
    • Vanguard Canada ETFs features
  • Vanguard Canada ETFs product rating: 1.2 stars
  • The pros of Vanguard Canada ETFs
  • The cons of Vanguard Canada ETFs
  • Vanguard Canada ETFs alternatives
  • FAQ
moneyGenius Team
Written and Edited By
Melanie Pitman
Expert Reviewed By

Vanguard offers an array of different exchange traded funds (ETFs) for Canadians, including equity, fixed income, and asset allocation products. There are a number of different ETFs in each of these categories. On the other hand, Vanguard prides itself on having lower fees and associated costs than other investments, which may be of interest.

As with all investments, there are risks associated with Vanguard Canada ETFs, so be sure to speak with a financial advisor or investment professional if you're unsure what those risks may entail. And if you're living outside of Canada, you may be out of luck – Vanguard Canada ETFs are designed for Canadian residents, and normally aren't available to international investors.

Vanguard Canada ETFs features

Here's what Vanguard Canada ETFs have to offer.

Vanguard
1.2
Genius Rating
Why You Want It
Invest in low-fee ETFs + Available at a number of online brokerages.
Special Features
  • Education and commentary blog
  • Fund comparison tool
  • Cost simulator tool
  • Investor questionnaire
  • YouTube channel with investment commentary
Eligibility
Provinces
ALL
Features
Types Of ETFs
  • All In One
  • Total Market ETFs
  • ESG
# Of ETFs
38
Min Management Fee
0.05%
Max Management Fee
0.42%
Min MER
0.06%
Max MER
0.62%
Personalized Advice?
No
Self-directed Investing Platform Available?
No
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Vanguard Canada ETFs product rating: 1.2 stars

Vanguard Canada ETFs are good, but lose a few points here and there. Vanguard doesn't offer any sort of personalized advice to investors, recommending instead that you speak with your financial advisor.

On the other hand, it's relatively easy to invest in Vanguard Canada ETFs, as they're available through a number of online brokers, or through your investment professional. They also offer relatively low fees and associated costs compared to some other ETF alternatives.

Rating methodology

To calculate our Genius Ratings, we compare the features of the account or product in question with other similar products in Canada. We give each feature a score out of 5 based on that comparison. Once we’ve rated all the features, we run them through our proprietary algorithm to produce a final rating out of 5.

Learn more about our rating methodology.

The pros of Vanguard Canada ETFs

Here are some of the upsides to Vanguard Canada ETFs.

Pros

pro Different types of ETFs are available

There are 3 primary categories of Vanguard Canada ETFs, including equity, fixed income, and asset allocation. With 44 ETFs available, it's relatively easy to build a diversified portfolio.

pro Available through a number of online brokerages

Vanguard Canada ETFs are available through a number of online brokerages, including BMO Investorline, Qtrade Investor, CIBC Investor's Edge, and more. If you're not interested in DIY investing, you can also speak with your financial advisor about Vanguard Canada ETFs, and they'll be able to help you out.

pro Lower associated costs than other ETFs

Vanguard prides itself on having lower fees and lower associated costs with their investments, passing those savings on to Canadian investors. With a solid track record and lower fees, Vanguard Canada ETFs are worth considering as part of your investment portfolio.

pro No minimum investment amount

ETFs are traded more like stocks than mutual funds, so you can purchase as little as a single unit of any Vanguard Canada ETFs.

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The cons of Vanguard Canada ETFs

Of course there are some drawbacks to be aware of as well.

Cons

con As with all investments, there are risks

While ETFs are designed to be more stable and diversified than other investment options, there are risks involved. Whatever investments you're making, be sure to clearly understand what the risks are. If you're unsure, we recommend taking the time to speak with a financial advisor or investment professional before investing any of your money.

con Designed for Canadian residents

Just like Vanguard U.S. ETFs are designed for residents of the United States, Vanguard Canada ETFs are designed for residents of Canada. While there are some circumstances where people living outside of Canada can invest in these products, it usually isn't possible. If you have any questions about this, Vanguard recommends speaking to a financial advisor or tax specialist about your specific circumstances.

Vanguard Canada ETFs alternatives

Wondering how Vanguard Canada ETFs measure up? Here's how they compare to a couple of other Canadian ETF alternatives.

VanguardScotiabankBMO
AccountVanguard Canada ETFsScotiabank ETFsBMO ETFs
Genius Rating1.25.03.6
Why You Want ItInvest in low-fee ETFs + Available at a number of online brokerages.Fees starting as low as 0.03% + Work with Scotia investment specialists.Choose from a large number of ETFs + Get personalized advice.
Types Of ETFs
  • All In One
  • Total Market ETFs
  • ESG
  • Fixed Income
  • Canadian Equity
  • U.S. Equity
  • International Equity
  • Index Tracker
  • Fixed Income
  • Equity
  • Asset Allocation
  • Alternatives
  • Commodity
# Of ETFs38200223
Min Management Fee0.05%0.03%0.05%
Max Management Fee0.42%0.17%1.05%
Min MER0.06%0.06%0.06%
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FAQ

Can you invest in Vanguard Canada ETFs if you don't live in Canada?

While it's possible for some people in some situations to invest in Vanguard Canada ETFs when they're not a resident of Canada, for the most part it isn't possible. Vanguard Canada ETFs are designed for people who live in Canada.

Does Vanguard Canada have any products designed for socially conscious investors?

Yes, Vanguard Canada ETFs do include investment products focused on ESG (environmental, social, and governance) issues.

Is there a minimum investment for Vanguard Canada ETFs?

No. You can purchase as little as a single unit of any Vanguard Canada ETFs.

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Editorial Disclaimer: The content here reflects the author's opinion alone, and is not endorsed or sponsored by a bank, credit card issuer, rewards program or other entity. For complete and updated product information please visit the product issuer's website.

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