Stock gains were impressive in the second quarter of 2026. The S&P 500 reached yet another new high for its best Q2 performance since 2020. The Dow Jones Industrial Average also closed the month at a historic record.
But the top Canadian ETF performers for June belonged to contrarian investing. The SavvyShort (-2X) MSTR ETF (MSTZ-T) held the top position earning 160.61% price return. The SavvyShort (-2X) COIN ETF (COID-T) had a 59.15% increase on price alone. The third best performing fund was the SavvyShort Geared Crude Oil ETF (OILD-T) with a 41.95% market price return.
Meanwhile, June played host to 28 new funds to the Canadian marketplace.
CIBC ETFs
CIBC Global Asset Management added two active fixed income funds. The CIBC Short-Term Income Fund (CSTB-T) invests primarily in first mortgages on Canadian residential and commercial properties that are National Housing Act insured, and short-tern debt securities of Canadian governments and corporations. The CIBC Canadian Bond Fund (CCBA-T) invests primarily in bonds, debentures, and other debt instruments of Canadian governments and corporations.
Guardian ETFs
Guardian Capital LP launched two AI-driven dividend growth funds. Both the Guardian i3 Global Dividend Growth Fund (GIGD-T) and the Guardian i3 Canadian Dividend Growth Fund (GICD-T) incorporate artificial intelligence into their analytics model to screen the global and Canadian universe of companies that exhibit strong characteristics for earnings growth, dividend growth and sustainability of cash flow.
Mulvihill ETFs
Mulvihill Capital Management Inc. made three additions to its fund offerings. The Mulvihill Canadian Bank ETF (MBNK-T) provides exposure to a portfolio of the “Big Six” Canadian Banks, along with a modest 25% leverage for enhanced dividend yields. The Mulvihill Split Capital Share ETF (ASHR-T) invests primarily in capital shares and Class A shares of Canadian split share corporations listed on Canadian exchanges. The Mulvihill Split Preferred Share ETF (PFRD-T) focuses on preferred shares of Canadian split share corporations listed on Canadian exchanges. Both funds seek to provide an attractive or consistent monthly income.
RBC ETFs
RBC Global Asset Management Inc. listed three ETF versions of existing mutual funds on the Toronto Stock Exchange. The three alternative investment solutions include RBC Enhanced North American Value Fund (RNVL-NE), RBC Enhanced Quant Canadian Dividend Leaders Fund (RCDL-NE), and RBC Enhanced Quant U.S. Dividend Leaders Fund (RNVL-NE). These funds have the ability to use leverage to invest in a broad range of companies in North America.
National Bank ETFs
National Bank Investments Inc. launched five new ETFs onto the marketplace. The NBI Conservative ETF Portfolio (NCNS-T) aims for a high level of current income and some long-term capital appreciation. The NBI Balanced ETF Portfolio (NBLD-T) targets investors looking to invest for the medium term. The NBI Growth ETF Portfolio (NGRW-T) seeks to ensure long-term capital appreciation and some current income. The NBI Equity ETF Portfolio (NEQT-T) aims for long-term capital appreciation. Lastly, the NBI Thematic Rotation ETF (NTHM-T) dynamically rotates exposure among global equity themes.
Desjardins ETFs
Desjardins Investments added four funds to its offering. The Desjardins Global Government Bond Index ETF (DGGB-T) provides easy access to the most liquid bond markets in the world for a low management fee of 0.20%. The Desjardins Active Canadian Bond Universe ETF (DACU-T) is an actively managed diversified portfolio of federal, provincial, municipal, and corporate bonds. The Desjardins Canadian Equity Leaders ETF (DACL-T) employs a bottom-up approach to selecting high-conviction large and mid-cap Canadian corporations. Lastly, the Desjardins Global Opportunities ETF (DAGL-T) utilizes a top-down approach to locate investment opportunities in equity and equity-related securities of corporations located throughout the world, including emerging markets.
LongPoint ETFs
LongPoint Asset Management Inc. launched three additional double leveraged single stock ETFs. These ETFs provide two times (2X) leveraged long exposure to three U.S. publicly traded stocks, which includes Advanced Micro Devices Inc. (AMDU-T), Micron Technology, Inc. (MUU-T), and Space Exploration Technologies Corp. (ORBU-T).
Other launches
AGF Investments Inc. listed the AGF Enhanced U.S. Income Plus Fund (AENP-T) for investors looking for long-term capital appreciation and consistent high income. The fund invests primarily in U.S. equities while employing dynamic options strategies to generate the monthly income.
BMO Asset Management Inc. launched the BMO Market+ International Equity Fund (ZMPI-NE), which is designed to achieve long-term capital growth by investing primarily in equity securities of companies located outside Canada and the United States or other companies that benefit from international exposure.
Purpose Investments listed the Purpose Global Resource Fund (PGRX-T) for investors looking to invest in resource stocks spanning the energy and mining sectors.
Hamilton Capital Partners added a new fund to the DayMAX suite of ETFs on the Cboe Canada exchange. The Hamilton Enhanced Bitcoin DayMAX™ ETF (BDAY-NE) provides exposure to Bitcoin and a zero-days-to-expiry (0DTE) option strategy designed to monetize daily volatility while delivering an attractive monthly income.
Harvest Portfolios Group Inc. launched the Harvest SpaceX Enhanced High Income Shares ETF (SPXE-T) to capitalize on the growth potential of the industry giant, Space Exploration Technologies Corp. (SpaceX).
Ninepoint Partners LP also listed its own fund that invests in SpaceX, the Ninepoint SpaceX HighShares ETF (SXHI-T). The HighShares suite of funds is designed for income-focused investors and combines the underlying stock with exposure with covered calls and modest leverage to target higher monthly income.
Amy Mak is ETF Specialist at Inovestor.
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