ETFGI reports assets invested in ETF and ETPs listed in Canada reached a record US$246.13 billion at the end of May 2021
LONDON — June 30, 2021 — ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs and ETPs ecosystem, reports assets invested in ETF and ETPs listed in Canada reached a record US$246.13 Bn at the end of May. ETFs listed in Canada gathered net inflows of US$6.09 billion during May, bringing year-to-date net inflows to US$22.25 billion. At the end of the month, Canadian ETF assets increased by 5.3%, from US$233.83 billion at the end of April to US$246.13 billion, according to ETFGI's May 2021 Canadian ETFs and ETPs industry landscape insights report, the monthly report which is part of an annual paid-for research subscription service. (All dollar values in USD unless otherwise noted.)
Highlights
- Assets invested in ETFs and ETPs listed in Canada reach a record $246.13 Bn at the end of May.
- Record YTD net inflows of $22.25 Bn beating the prior record of $14.44 Bn gathered YTD in 2020.
- Twenty-three months of consecutive net inflows
“The S&P 500 gained 0.7% in May and 12.62% YTD, with positive figures for four consecutive months. Developed markets ex-U.S. gained 3.11% in May. Austria 8.29% and Luxembourg 8.12% were the leaders of the month while New Zealand lost 3.92%. Emerging markets were up 2.58% at the end of May. Hungary (up 15.54%) and Poland (up 13.98%) were the leaders, whilst Egypt (down 3.86%), Chile (down 3.64%), and Malaysia (down 2.79%) were down the most.” According to Deborah Fuhr, managing partner, founder and owner of ETFGI.
Growth in Canadian ETF assets as of the end of May 2021
The Canadian ETF industry had 902 ETFs, with 1,115 listings, assets of $246 Bn, from 41 providers listed on 2 exchanges at the end of May.
Equity ETFs gathered net inflows of $2.68 Bn during May, bringing net inflows for the year to $9.84 Bn, higher than the $8.38 Bn in net inflows equity products had attracted YTD in 2020. Fixed income ETFs had net inflows of $1.07 Bn during May, bringing net inflows YTD to $3.34 Bn, higher than the $1.45 Bn in net inflows fixed income products attracted YTD in 2020. Commodities ETFs reported net outflows of $18 Mn during May, bringing net inflows YTD to $128 Mn, lower than the $285 Mn in net inflows YTD in 2020. Active ETFs attracted net inflows of $1.2 Bn over the month, gathering net inflows YTD of $5.48 Bn, higher than the $4.04 Bn in net inflows YTD in 2020.
Substantial inflows can be attributed to the top 20 ETFs by net new assets, which collectively gathered $4.09 Bn during May. iShares S&P/TSX 60 Index Fund (XIU CN) gathered the largest net inflows of $611 Mn.
Top 20 ETFs by net new assets May 2021: Canada
Name |
Ticker |
Assets |
NNA |
NNA |
XIU CN |
9,206.50 |
479.27 |
610.62 |
|
iShares Global Government Bond Index ETF Cad Hedged |
XGGB CN |
990.60 |
540.95 |
485.89 |
BMO S&P 500 Index ETF |
ZSP CN |
7,374.76 |
(877.00) |
408.80 |
3iQ CoinShares Bitcoin ETF |
BTCQ/U CN |
671.74 |
803.87 |
401.53 |
BMO MSCI USA ESG Leaders Index ETF |
ESGY CN |
689.00 |
635.05 |
323.95 |
3iQ CoinShares Ether ETF |
ETHQ/U CN |
210.81 |
307.86 |
305.05 |
Desjardins Alt Long/Short Equity Market Neutral ETF |
DANC CN |
610.10 |
422.57 |
230.20 |
Vanguard S&P 500 Index ETF |
VFV CN |
3,866.47 |
579.87 |
145.67 |
CI Galaxy Ethereum ETF |
ETHX/B CN |
180.93 |
217.28 |
137.39 |
CI Galaxy Bitcoin ETF - Acc (USD) |
BTCX/U CN |
106.93 |
171.57 |
136.94 |
TD S&P/TSX Capped Composite Index ETF |
TTP CN |
1,217.46 |
335.58 |
121.62 |
iShares MSCI EAFE IMI Index Fund |
XEF CN |
4,333.02 |
560.65 |
112.62 |
Vanguard U.S. Total Market Index ETF |
VUN CN |
3,282.41 |
571.49 |
105.04 |
BMO Long Federal Bond Index ETF |
ZFL CN |
1,869.03 |
255.88 |
96.47 |
Horizon S&P/TSX 60 Index ETF - Acc |
HXT CN |
2,155.55 |
(12.80) |
87.36 |
iShares S&P/TSX Capped Financials Index Fund |
XFN CN |
1,241.88 |
231.38 |
86.57 |
Vanguard Growth ETF Portfolio |
VGRO CN |
2,111.24 |
511.09 |
79.04 |
Manulife Smart Short-Term Bond ETF |
TERM CN |
353.59 |
336.74 |
77.07 |
BMO MSCI EAFE Index ETF |
ZEA CN |
3,828.10 |
121.51 |
66.87 |
Vanguard All-Equity ETF Portfolio |
VEQT CN |
886.13 |
350.18 |
66.74 |
Investors have tended to invest in Equity ETFs during May.
Contact deborah.fuhr@etfgi.com if you have any questions or comments on the press release or ETFGI events, research or consulting services.
###
Recent interviews on ETFs in Canada on ETF tv.
ETF TV News #70 Trevor Cummings, TD Asset Management, discusses Global Healthcare ETFs with Deborah Fuhr #PressPlay https://bit.ly/3dAp3GM
ETF TV News #77 Steve Hawkins of Horizons ETFs discusses the demand for ESG ETFs in Canada with Deborah Fuhr #PressPlay https://bit.ly/3w6V6oO
ETF TV News www.ETFtv.net is sponsored by Syntax Advisors https://www.syntaxadvisors.com/.
For more information on ETF TV contact Deborah.Fuhr@ETFtv.net and Oliver@ETFtv.net
Register now for the 2nd Annual ETFGI Global ETFs Insights Summit - Europe & MEA (virtual), September 14 - 16.
Our summits are designed to provide the opportunity for institutional investors, RIAs and financial advisors, to hear from the leading ETF issuers, banks, exchanges, law firms and others around the impact that market structure and regulations have on ETF product development for ESG and non-transparent active, due diligence, suitability, the use and trading, and technological developments of ETFs.
Topics Include:
- Panel sessions providing an overview of the ETF Landscape in South Africa, Africa, Saudi Arabia, Qatar and United Arab Emirates
- Regulatory Issues Impacting ETF Trading and Market Structure
- Creating Better Trading Systems and Tools for ETFs
- How a Consolidated Tape Could Contribute to the Development of ETFs in the EU
- Understanding Benchmark and Sustainable Finance Disclosure Regulations
- The Evolving Role of Index Providers
- Trends in Fixed Income Indices and ETFs
- Trends in ESG Indices
- Trends in Crypto Indices
- Active ETFs
- European Regulatory Initiatives Impacting ETFs
- US Regulatory Initiatives Impacting ETFs
- Macro Investment Outlook
- How Investors Are Implementing ESG Into Their Portfolios
- Responsible Investment and ESG Integration
- Investing in Digital Assets
- How Are Institutions and Financial Advisors Using ETFs?
- Women in ETFs – Managing Career Transitions
- ETF Landscape in Israel
- Trends That Will Drive the ETF and Financial Industry in 2021 and beyond
Visit the ETFGI website to see further updates as we continue building up the event agenda.
Free registration and CPD educational credits are offered to institutional investors and financial advisors. If you cannot attend, register anyway and we will send you the session recordings.
Please contact Deborah Fuhr deborah.fuhr@etfgi.com and Margareta Hricova margareta.hricova@etfgi.com if you have any questions or are interested in sponsoring or speaking at any of the upcoming events.
Register now for the 2nd Annual ETFGI Global ETFs Insights Summit - Asia Pacific (virtual), November 2 - 3.
Our summits are designed to provide the opportunity for institutional investors, RIAs and financial advisors, to hear from the leading ETF issuers, banks, exchanges, law firms and others around the impact that market structure and regulations have on ETF product development for ESG and non-transparent active, due diligence, suitability, the use and trading, and technological developments of ETFs.
Topics Include:
- Introduction to ETF Landscape in Asia Pacific
- Fireside Chat on an Update on Global and Local Regulatory Initiatives Impacting ETFs
- Update on Hong Kong ETF Market
- Best Practices When Trading US, European and Asia Listed ETFs from Asia
- Update on Singapore ETF Market
- Update on Trends in the US ETF Industry
- Update on the Mainland China ETF Market
- European ETF Industry Outlook
- How Regulators View ESG, Crypto and Digital Assets
- Global Macro Outlook
- Best Practices When Using ETFs in Portfolio Construction
Free registration and CPD educational credits are offered to institutional investors and financial advisors. If you cannot attend, register anyway and we will send you the session recordings.
Please contact Deborah Fuhr deborah.fuhr@etfgi.com and Margareta Hricova margareta.hricova@etfgi.com if you have any questions or are interested in sponsoring or speaking at any of the upcoming events.
Upcoming ETFGI Global ETFs Insights Summits (Virtual)
- 2nd Annual Europe & MEA, September 14 - 16 Register Here
- 2nd Annual Asia Pacific, November 2 & 3 Register Here
- 3rd Annual Canada, December 1 & 2 Register Here
ETFGI is supporting Jobs in ETFs, the first website for careers and recruitment in the ETF industry. www.jobsinetfs.com
Contact:
Deborah Fuhr
Managing Partner, Founder
ETFGI
Mobile: +44 777 5823 111
Email: deborah.fuhr@etfgi.com
Web: www.etfgi.com
Connect on:
Deborah Fuhr
ETFGI
ETF Network
ETF TV
Women in ETFs