Do you want to invest in a US ETF to diversify your Canadian portfolio? Whether you’re looking for the best US dividend ETF you can buy in Canada, the best Nasdaq ETF or the best US ETFs based on performance, these are the funds you should watch.
ProShares Ultra Bitcoin ETF (BITU)
The ProShares Ultra Bitcoin ETF has yielded an impressive 176.39% return over the past 12 months. The fund aims to double the daily performance of the Bloomberg Bitcoin Index. The fund does not hold bitcoin directly but instead invests in bitcoin futures and swap. It’s designed for short-term investors who want exposure to BTC through a traditional brokerage account. Total assets held in BITX are worth over $1.3 billion, and the fund’s expense ratio is 0.95%.
| Symbol | ETF name | 1Y returns | Expense ratio | Total assets |
|---|---|---|---|---|
| BITU | ProShares Ultra Bitcoin ETF | 176.39% | 0.95% | $1,332M |
| BTFX | CoinShares Valkyrie Bitcoin Futures Leveraged Strategy ETF | 171.22% | 1.86% | $18M |
| BITX | 2x Bitcoin Strategy ETF | 165.56% | 2.38% | $3,114M |
| DFEN | Direxion Daily Aerospace & Defense Bull 3X Shares | 138.94% | 0.95% | $297M |
| MSTY | YieldMax MSTR Option Income Strategy ETF | 138.20% | 0.99% | $5,639M |
ProShares Ultra Semiconductors (USD)
The ProShares Ultra Semiconductors ETF has yielded an solid 58.90% return over the past five years. The fund aims to double the daily performance of the Dow Jones US Semiconductors Index, which tracks over 30 companies, including NVIDIA, Intel, AMD and Micron. USD holds more than $1.3 billion in total assets, and it has a 0.95% expense ratio.
| Symbol | ETF name | 5Y returns | Expense ratio | Total assets |
|---|---|---|---|---|
| USD | ProShares Ultra Semiconductors | 58.90% | 0.95% | $1,355M |
| GBTC | Grayscale Bitcoin Trust ETF | 57.95% | 1.50% | $21,715M |
| DFEN | Direxion Daily Aerospace & Defense Bull 3X Shares | 44.24% | 0.95% | $297M |
| FAS | Direxion Daily Financial Bull 3X Shares | 41.74% | 0.89% | $2,602M |
| DUSL | Direxion Daily Industrials Bull 3X Shares | 41.39% | 0.98% | $39M |
YieldMax MSTR Option Income Strategy ETF (MSTY)
The YieldMax MSTR Option Income Strategy ETF has yielded a strong 138.20% return over the past 12 months. The fund aims to generate monthly income by selling call options on Strategy stock (NasdaqGS: MSTR). It does not hold MSTR stock directly. Strategy, formerly MicroStrategy, provides AI-powered business analytics software and services. MSTY holds over $5.6 billion in total assets and has a 0.99% expense ratio.
These are the five best US dividend ETFs you can buy from Canada based on annual dividend yield. We excluded ETFs with negative or nonexistent one-year returns, so only ETFs with positive one-year returns are shown.
| Symbol | ETF name | Yield | Expense ratio | Total assets |
|---|---|---|---|---|
| MSTY | YieldMax MSTR Option Income Strategy ETF | 135.57% | 0.99% | $5,639M |
| CONY | YieldMax COIN Option Income Strategy ETF | 131.67% | 1.22% | $1,444M |
| TSLY | YieldMax TSLA Option Income Strategy ETF | 128.93% | 1.04% | $1,206M |
| ULTY | YieldMax Ultra Option Income Strategy ETF | 119.76% | 1.30% | $1,216M |
| IWMY | Defiance R2000 Enhanced Options & 0DTE Income ETF | 104.14% | 1.02% | $119M |
CoinShares Valkyrie Bitcoin Futures Leveraged Strategy ETF (BTFX)
The CoinShares Valkyrie Bitcoin Futures Leveraged Strategy ETF has yielded a high 171.22% return over the past 12 months. The fund invests in cash-settled bitcoin futures contracts; cash, cash-like instruments or high-quality securities are held as collateral. BTFX holds around $18 billion in assets and has an expense ratio of 1.86%.
These are the five best Nasdaq ETFs you can buy from Canada based on one-year performance. Learn more about investing in Nasdaq stocks.
| Symbol | ETF name | 1Y returns | Expense ratio | Total assets |
|---|---|---|---|---|
| BTFX | CoinShares Valkyrie Bitcoin Futures Leveraged Strategy ETF | 171.22% | 1.86% | $18M |
| BRRR | CoinShares Bitcoin ETF | 107.59% | 0.25% | $700M |
| IBIT | iShares Bitcoin Trust ETF | 107.55% | 0.12% | $84,197M |
| TARK | Tradr 2X Long Innovation ETF | 85.70% | 1.15% | $43M |
| UFO | Procure Space ETF | 79.84% | 0.94% | $85M |
Once you’ve considered the risks of investing in the best US ETFs and worked out your financial goals, you can buy and sell ETF units like any stock on the stock market through a fund manager or an online trading platform.
Here’s how to buy US ETFs through an online trading platform:
There are thousands of US ETFs to choose from, so you’ll need to consider a wide range of factors when deciding where to invest your money.
High fees can make a big dent in your overall investment returns. Like Canadian ETFs, there are two main costs involved when investing in US funds: management and brokerage fees.
Other possible fees you might encounter include account inactivity fees, quarterly or annual account maintenance fees (sometimes waived with a minimum balance) and money transfer charges.
As with all investments, buying US ETFs comes with risks:
Basic details about a fund can be found in its prospectus, which (in most cases) must be filed with the US Securities and Exchange Commission (SEC) before an ETF can be publicly traded.
The prospectus breaks down key information about a fund including:
View all public filings related to ETFs and other regulated US securities on the SEC website. You can also access an ETF’s prospectus by visiting the issuing company’s website.
Related: How to buy US stocks in Canada
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