Global X Launches Leveraged Single-Stock ETFs for Canadian Investors…

Event summary

Global X Investments Canada Inc. launched six lightly-leveraged single-stock ETFs, offering 33% more exposure to individual companies without requiring a margin account.
The PowerStock ETFs target Alphabet, Amazon, Apple, NVIDIA, SpaceX, and Tesla, providing approximately $133 of stock exposure for every $100 invested.
Each ETF has a management fee of 0.15% and trades in Canadian dollars, hedging foreign currency exposure back to the Canadian dollar.
The ETFs began trading on the Toronto Stock Exchange (TSX) on October 14, 2026.

The big picture

Global X's PowerStock ETFs extend the firm's strategy of using light leverage to provide enhanced market exposure, now applying it to individual companies. This move aligns with the growing trend of investors seeking targeted exposure to high-conviction stocks, particularly in the tech sector. With approximately $60 billion in assets under management, Global X is positioning itself as a key player in the Canadian ETF market, offering investors new ways to pursue long-term capital appreciation.

What we're watching

Market Volatility: How the magnified movements in the underlying stocks will affect investor returns and risk tolerance.
Regulatory Scrutiny: Whether Canadian regulators will closely monitor the use of leverage in single-stock ETFs.
Investor Adoption: The pace at which Canadian investors will adopt these leveraged ETFs for long-term capital appreciation.