Skip to content
Back to Guavy Wire
Forex

Global X Launches Leveraged Single-Stock ETFs in Canada

Instruments
USD CAD
Share

Global X Investments Canada has introduced a new suite of lightly-leveraged single-stock ETFs called PowerStock ETFs. Launched on October 14, these ETFs offer Canadians enhanced exposure to six prominent companies: Alphabet, Amazon, Apple, NVIDIA, SpaceX, and Tesla. Each ETF targets 33% additional exposure to its underlying stock, meaning investors get approximately $133 of stock exposure for every $100 invested. The ETFs trade in Canadian dollars and hedge foreign currency exposure back to the Canadian dollar, magnifying both gains and losses compared to holding the stock directly.

BMO Asset Management unveiled a new Latin America index ETF on October 8. The BMO MSCI Latin America GDP Weighted Index ETF (TSX: ZLAT) tracks the performance of the MSCI EM Latin America GDP Weighted Index, which includes large- and mid-cap stocks from Brazil, Chile, Colombia, Mexico, and Peru. Unlike traditional market cap-weighted indexes, this index weights countries based on their economic size using GDP data.

Fidelity Investments Canada launched its Fidelity Global Quant Equity ETF (TSX: FGQE) on October 1. This ETF uses quantitative strategies to identify favorable investments by evaluating thousands of data points, aiming to uncover opportunities that traditional research might miss. Additionally, Manulife Investments expanded its ETF lineup on September 29 with three new ETFs, including the Manulife All-Equity ETF Portfolio (TSX: MEQP), Manulife All-Fixed Income ETF Portfolio (TSX: MBND), and Manulife Smart International Dividend ETF, USD (TSX: IDUV.U).

The Securities and Investment Management Association (SIMA) released August 2026 fund industry statistics on September 18. Mutual fund assets totaled $2.797 trillion, up 1.0% from July, while ETF assets reached $924.2 billion, up 3.1%. Mutual fund net sales were $4.7 billion, and ETF net sales were $15.5 billion. August marked the fifth consecutive month of ETF asset increases and the 16th consecutive month of positive mutual fund net sales.

More on Forex

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

© 2026 Guavy Inc