Best Wealthsimple Stocks 2026 — 15 Canadian & US Picks for Every Investor
Editorial roundup, not investment advice. Tickers below are widely-held names available on Wealthsimple's Self-Directed product. Prices, yields, and fundamentals change daily — verify on the Wealthsimple app and at sedar.com before buying.
Wealthsimple is the largest commission-free trading platform in Canada by user count, and "what should I buy on Wealthsimple?" is one of the most-asked questions in Canadian investing communities. This guide picks 15 stocks and ETFs across three buckets — dividend payers, growth names, and beginner-friendly diversified bets — that are all available on the Wealthsimple platform with fractional-share support for most.
Want a deeper look at the platform itself first? Read our Wealthsimple 2026 review. For broader market context, see the Canadian ETF screener.
How we picked these 15 names
- Available on Wealthsimple Self-Directed — TSX, NYSE, or NASDAQ listings only (no OTC/penny stocks).
- Liquid — average daily volume above 100,000 shares for the past year.
- No corporate distress — excluded any name that cut its dividend or filed for creditor protection in the last 5 years.
- Beginner-readable business model — you should be able to explain what the company does in one sentence.
5 dividend stocks for income on Wealthsimple
These are the names that show up in nearly every Canadian dividend portfolio. Hold them in a TFSA or non-registered account to claim the dividend tax credit.
| Ticker | Company | Sector | Yield |
|---|---|---|---|
| ENB.TO | Enbridge | Pipelines / Energy infrastructure | ~6.5% |
| BCE.TO | BCE Inc. | Telecom | ~7.0% |
| T.TO | TELUS | Telecom | ~6.5% |
| RY.TO | Royal Bank of Canada | Big 5 Banks | ~3.7% |
| FTS.TO | Fortis | Regulated utility | ~4.2% |
ENB.TO — Enbridge. Long-running monthly-style quarterly dividend grower; eligible for the dividend tax credit in non-registered accounts.
BCE.TO — BCE Inc.. Highest-yield Big-3 telecom; dividend has grown for over 15 consecutive years.
T.TO — TELUS. Steady dividend hiker; lower payout ratio than BCE.
RY.TO — Royal Bank of Canada. Largest bank in Canada by market cap; uninterrupted dividend since 1870.
FTS.TO — Fortis. 50+ consecutive years of dividend increases — one of the longest streaks on the TSX.
5 growth stocks on Wealthsimple
Higher volatility, no or low dividend, longer time horizon. Best held in a TFSA so any capital gains are tax-free, or in an RRSP if you have years of contribution room.
| Ticker | Company | Sector | Yield |
|---|---|---|---|
| SHOP.TO | Shopify | E-commerce SaaS | 0% |
| CSU.TO | Constellation Software | Vertical-market software | ~0.2% |
| BN.TO | Brookfield Corp. | Alternative asset management | ~0.7% |
| DOL.TO | Dollarama | Discount retail | ~0.3% |
| TRI.TO | Thomson Reuters | Information services | ~1.2% |
SHOP.TO — Shopify. Canada's flagship growth stock; dual-listed on TSX and NYSE.
CSU.TO — Constellation Software. Long-term compounder; share price near $4,000 makes fractional shares useful.
BN.TO — Brookfield Corp.. Spun off Brookfield Asset Management; broad exposure to infrastructure, renewables, real estate.
DOL.TO — Dollarama. Defensive growth — same-store sales held up through both 2008 and 2020 recessions.
TRI.TO — Thomson Reuters. Toronto-based; recurring revenue from legal and tax-software subscriptions.
5 beginner-friendly picks (mostly ETFs)
If you're brand-new to investing, the most common advice from regulators and financial planners is to start with broad-market index funds rather than individual stocks. These five tickers are the ones most often suggested to new Wealthsimple users on Reddit's r/PersonalFinanceCanada — and a couple of safer single-stock picks.
| Ticker | Name | Type | Yield |
|---|---|---|---|
| VFV.TO | Vanguard S&P 500 Index ETF (CAD) | ETF — US equities | ~1.2% |
| XEQT.TO | iShares All-Equity ETF Portfolio | ETF — global equities | ~1.7% |
| VEQT.TO | Vanguard All-Equity ETF Portfolio | ETF — global equities | ~1.6% |
| BRK.B | Berkshire Hathaway B | Diversified holding company | 0% |
| COST | Costco Wholesale | Membership retail | ~0.5% |
VFV.TO — Vanguard S&P 500 Index ETF (CAD). Not a stock, but the most-bought single ticker on Wealthsimple. Instant US-market exposure in one trade.
XEQT.TO — iShares All-Equity ETF Portfolio. One-ticket global stock portfolio. Often the first 'whole portfolio' for new investors.
VEQT.TO — Vanguard All-Equity ETF Portfolio. Vanguard's all-equity sibling to XEQT; very similar holdings.
BRK.B — Berkshire Hathaway B. Owned by Warren Buffett; arguably the most beginner-friendly individual US stock.
COST — Costco Wholesale. Strong Canadian footprint; defensive consumer-staples exposure.
How to actually buy these on Wealthsimple
- Open the Wealthsimple app → Trade tab.
- Search the ticker (e.g. VFV.TO or SHOP.TO).
- Tap Buy → choose your account (TFSA, RRSP, FHSA, or Personal).
- Enter dollar amount (fractional) or share count (whole shares).
- Review the order and submit. Trades settle T+2.
Choosing the right account for each pick
Account choice matters more than people think. A quick rule of thumb:
- Canadian dividend stocks (ENB, BCE, T, RY, FTS) → TFSA or non-registered to use the dividend tax credit.
- US dividend stocks (COST, BRK.B if dividends ever start) → RRSP to skip the 15% US withholding tax.
- Growth stocks with no dividend (SHOP, CSU, BN) → TFSA for tax-free gains.
- Broad ETFs (VFV, XEQT, VEQT) → any account; they work everywhere.
For the full breakdown, see which registered account to fund first in 2026.
Good Wealthsimple habits
- Turn on auto-deposit from your chequing account so you keep buying through downturns.
- Set a twice-yearly review reminder rather than checking daily.
- Keep at least 6 months of expenses in a high-interest savings account before going heavy on stocks — see our HISA rate comparison.
- If you want exposure to Canadian dividend payers without picking individual names, look at Canadian dividend ETFs.
Sources
- sedar.com — Canadian issuer filings (dividend history, payout ratios).
- sec.gov/edgar — US issuer filings.
- wealthsimple.com — fractional-share availability and current commission schedule.
Editorial disclaimer
This article is published by LoonieLabs for general information only. It is not financial, tax, legal, accounting, or immigration advice and must not be relied on as such. Rules, dollar figures, interest rates, and program eligibility change — always verify with the Canada Revenue Agency, IRCC, or a qualified professional before acting. Spotted an error? See our corrections policy. Last reviewed: April 20, 2026.
Frequently Asked Questions
Written and reviewed by Shrey Patel — Founder & Editor-in-Chief
Winnipeg, MB · Fact-checked by our Editorial reviewer · Last reviewed April 20, 2026 · LinkedIn
Founder of LoonieLabs · based in Winnipeg, MB · writes and reviews every page on the site I oversee every figure on this page personally — verified against primary sources (CRA, IRCC, Statistics Canada, the Bank of Canada, or the originating provincial ministry). LoonieLabs has no affiliate relationships with any bank, credit card, or immigration consultant featured on this site. Spotted a mistake? Tell us.
Published by the LoonieLabs Editorial Team.