2 Best Vanguard ETFs in Canada (June 2026)

The best Vanguard ETFs in Canada include VEQT.TO (~0.20% MER), VGRO.TO (~0.24%), VBAL.TO (~0.24%), and VFV.TO (~0.06%). These ETFs offer low-cost, diversified exposure to global markets, making them ideal for TFSAs, RRSPs, and long-term investment portfolios.

Updated June 20262 ETFs ReviewedRisk: MediumBalanced

Vanguard ETFs in Canada are known for their low fees, broad diversification, and long-term investing approach. They are among the most popular choices for Canadian investors building simple, cost-effective portfolios.

ETFs like VEQT.TO and VGRO.TO offer all-in-one solutions with global exposure, while funds like VFV.TO provide targeted access to the U.S. market. Vanguard’s focus on low-cost indexing makes its ETFs ideal for long-term investors.

In this guide, we break down the best Vanguard ETFs in Canada, comparing diversification, fees, and portfolio strategy.

At a Glance: Quick Comparison

Side-by-side snapshot of fees, yield, and returns. Data updates daily.

ETFMERAUMYieldYTD1Y
Top
VEQT.TO

Vanguard All-Equity ETF Portfolio

$13.9B1.26%+13.66%+32.33%
VGRO.TO

Vanguard Growth Portfolio

$10.3B1.72%+10.87%+24.75%

What Is an ETF?

A Vanguard ETF in Canada is an exchange-traded fund issued by Vanguard Investments Canada that tracks a specific index or provides an all-in-one portfolio solution with low fees.

For example, VEQT.TO (~0.20% MER) offers 100% global equity exposure, while VGRO.TO (~0.24%) provides a growth-oriented mix of equities and bonds. VBAL.TO (~0.24%) is a balanced option, and VFV.TO (~0.06%) tracks the S&P 500 for U.S. exposure.

Vanguard ETFs are commonly used in TFSAs, RRSPs, and long-term portfolios due to their low costs, diversification, and passive investment strategy.

The 2 Best ETFs: Ranked & Reviewed

Detailed breakdown of each pick with live data.

1
Top PickVEQT.TO

Vanguard All-Equity ETF Portfolio

$61.50

+13.66% YTD

Vanguard All-Equity ETF Portfolio seeks to provide long-term capital growth by investing primarily in equity securities.

AUM$13.9B
Yield1.26%
Holdings4
FrequencyAnnually

Returns

YTD

+13.66%

1Y

+32.33%

3Y

+21.53%

5Y

+13.62%

Tracks: Morningstar Global Markets GR CADCategory: Global Equity
View Full Analysis: VEQT
2
VGRO.TO

Vanguard Growth Portfolio

$47.83

+10.87% YTD

Seeks to achieve its investment objective by primarily investing in equity and fixed income securities. It may do so either directly or indirectly through investment in one or more exchange traded funds managed by the manager or an affiliate or certain other investment funds.

AUM$10.3B
Yield1.72%
Holdings7
FrequencyQuarterly

Returns

YTD

+10.87%

1Y

+24.75%

3Y

+18.41%

5Y

+11.02%

Tracks: Morningstar Can Eq Gbl Tgt Alloc NR CADCategory: Global Equity Balanced
View Full Analysis: VGRO

Pros & Cons

Pros

  • Very low fees compared to many actively managed funds
  • Broad diversification across global markets
  • Simple all-in-one portfolio options available
  • Strong reputation for passive, long-term investing

Cons

  • Limited customization compared to building your own portfolio
  • Some ETFs have fixed asset allocations that may not suit all investors
  • Market returns are not actively managed or optimized
  • Currency exposure may impact returns in global ETFs

Compare These ETFs Head-to-Head

Drill into a side-by-side breakdown of performance, AUM, and yield.

Best next ETF step

Keep comparing ETFs

These are good next reads if you want a broader shortlist, Canadian index exposure, or a faster way to compare funds.

Frequently Asked Questions

What is the best Vanguard ETF in Canada?

VEQT.TO is one of the most popular Vanguard ETFs because it provides global diversification in a single fund. VGRO.TO and VBAL.TO are also strong options depending on your risk tolerance and desired asset allocation.

Are Vanguard ETFs good for beginners?

Yes, Vanguard ETFs are ideal for beginners due to their low fees, diversification, and simple all-in-one portfolio options like VEQT.TO or VGRO.TO.

Are Vanguard ETFs low cost?

Yes, Vanguard is known for offering some of the lowest MERs in the industry. Many of its ETFs, such as VFV.TO, have fees well below 0.10%, making them cost-efficient for long-term investing.

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