Canadian ETFs: October fund launches span active and alternative strategies

The Globe and Mail · Amy Mak · 2026-11-06 16:15 UTC

New offerings include those focused on equities, fixed income, single-stock overlays, and alternative liquid strategies

As earnings season begins for the third quarter of 2026, tech stocks dominated the headlines in October with about 80% of the S&P 500 companies beating estimates. Despite the positive reports, the markets experienced sharp declines as overall sentiment surrounding the AI spend shifts towards flight mode.

North American central banks took diverging paths on interest rates with Canada raising its policy rate by 25 basis points and the United States holding steady.

The top Canadian ETF performers for October were led by LongPoint Asset Management’s leveraged short strategies. The SavvyShort (-2X) COIN ETF (COID-T) led all listings with a 57.11% return for the month. The SavvyShort Geared Natural Gas ETF (GASD-T) trailed with 53.79% return on stock price alone. Rounding third was MegaShort (-3X) US Semiconductors Daily Leveraged Alternative ETF (SOXD-T) with 53.77% followed closely by spot Bitcoin and Ethereum funds as crypto markets rallied.

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