Source: Getty Images <\/p>\n
Written by Daniel Da Costa<\/a> at The Motley Fool Canada<\/p>\n Despite the uncertainty about the future of both the domestic and global economy, the TSX has been on an impressive run to start the year. Not only has it earned investors a total return of more than 22% when factoring in dividends over the last 12 months, but it has also earned investors a total return of 14.8% year-to-date so far, as many Canadian stocks continue to expand their operations rapidly.<\/p>\n This is why finding the highest-quality stocks on the market is essential. You could, of course, gain exposure to the entire index and earn a steady return. However, when you buy the highest-quality stocks, you have the potential to outperform the market for years.<\/p>\n And while big-name tech stocks typically dominate the headlines when it comes to finding high-growth stocks, as you\u2019ll see from this list, even the most reliable companies can outpace the TSX over the long haul<\/a> or in certain environments.<\/p>\n So, if you\u2019re wondering what Canadian stocks have been performing best so far in 2025, here are five stocks that have outperformed the TSX so far year-to-date.<\/p>\n One of the biggest winners on the TSX this year has been B2Gold (TSX:BTO<\/a>), which has earned investors a total return of more than 62% year-to-date.<\/p>\n In fact, many gold stocks have seen their share prices soar as the price of gold has gone on a massive rally as a result of persistent inflation and uncertainty around the global economy.<\/p>\n Furthermore, with B2Gold being one of the lowest-cost producers in the sector, it\u2019s been one of the prime beneficiaries, since every time the price of gold climbs, its margins expand significantly.<\/p>\n In fact, the low-cost Canadian gold stock has already seen its share price climb to $5.60, but analysts still see more upside, with the average target price sitting at $6.59, a roughly 17% premium to its current trading price.<\/p>\n It\u2019s not surprising to see investors gravitating toward defensive names in an uncertain environment, but the magnitude of the gains has been impressive.<\/p>\n For example, Fortis (TSX:FTS<\/a>), typically known as a reliable but slower-growing utility, has earned investors a total return of 17.6% year-to-date, quietly outpacing the TSX.<\/p>\n And while some of the rally can be attributed to the fact that interest rates are expected to decline in the near term, it also shows the appetite investors have for steady, reliable dividend stocks<\/a> in this uncertain market environment.<\/p>\n Meanwhile, Dollarama (TSX:DOL<\/a>), one of the best Canadian stocks of all time, has unsurprisingly been even stronger, continuing to execute to perfection while capitalizing on consumers\u2019 appetite for cheaper staples and household goods in this economy.<\/p>\n Story continues <\/p>\n The defensive growth stock has rallied 31.4% year-to-date and now sits just off its record high, trading at more than 38.5 times forward earnings.<\/p>\n In addition to reliable defensive stocks that have rallied significantly, some of the top Canadian growth stocks have also staged an impressive comeback.<\/p>\n For example, both Aritzia (TSX:ATZ<\/a>) and goeasy (TSX:GSY<\/a>) saw their share prices decline significantly at different points over the last 18 months, meaning long-term investors who bought the dip have been rewarded considerably.<\/p>\n Just this year, Aritzia has surged 53.8% as it continues to expand rapidly, with a massive runway for growth in the U.S. Meanwhile, goeasy has earned investors a total return of 27.8% year-to-date, nearly double the pace of the TSX, as it expands its lending business while carefully managing credit risk.<\/p>\n So, even with plenty of noise and concern about the health of the economy, not only does the TSX continue to rally, but there is also a wide range of high-quality companies across various sectors quietly growing and compounding investors\u2019 capital.<\/p>\n The post These Canadian Stocks Are Quietly Outperforming the Market<\/a> appeared first on The Motley Fool Canada<\/a>.<\/p>\n Before you buy stock in Aritzia Inc., consider this:<\/p>\n The Motley Fool Stock Advisor Canada analyst team identified what they believe are the 15 best stocks for investors to buy now\u2026 and Aritzia Inc. wasn\u2019t one of them. The 15 stocks that made the cut could potentially produce monster returns in the coming years.<\/p>\n Consider MercadoLibre, which we first recommended on January 8, 2014 \u2026 if you invested $1,000 in the \u201ceBay of Latin America\u201d at the time of our recommendation, you\u2019d have $24,427.64!*<\/p>\n Now, it\u2019s worth noting Stock Advisor Canada\u2019s total average return is 94%* \u2013 a market-crushing outperformance compared to 61%* for the S&P\/TSX Composite Index. Don\u2019t miss out on our top 15 list, available when you join Stock Advisor Canada.<\/p>\n See the 15 Stocks <\/a><\/p>\n * Returns as of July 15th, 2025<\/p>\n More reading<\/p>\n