ETFGI reports that assets invested in the ETFs industry in Canada reached a new record of US$410.69 billion at the end of January
Press Release
LONDON — February 19, 2025 — ETFGI, a leading independent research and consultancy firm renowned for its expertise in subscription research, consulting services, events, and ETF TV on global ETF industry trends, reported today that assets invested in the ETFs industry in Canada reached a new record of US$410.69 billion at the end of January. During January the ETFs industry in Canada gathered net inflows of US$7.43 billion, according to ETFGI's January 2025 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
- The 35th anniversary of the listing of the first ETF is approaching quickly, with the milestone date being March 9th in Canada
- Assets invested in the ETFs industry in Canada reached a record of $410.69 Bn at the end of January beating the previous record of $404.60 Bn at the end of November 2024.
- Assets have increased 3.4% YTD in 2025, going from $397.15 Bn at the end of 2024 to $410.69 Bn.
- Net inflows of $7.43 Bn in January are the highest on record, followed by January net inflows of $4.40 Bn for 2022 and the third highest recorded January net inflows are of $3.37 Bn in 2024.
- 31st month of consecutive net inflows.
“The S&P 500 index increased by 2.78% in January. The developed markets excluding the US index increased by 4.71% in January. Germany (up 9.04%) and Sweden (up 8.81%) saw the largest increases amongst the developed markets in January. The Emerging markets index increased by 0.31% during January. Colombia (up 17.29%) and Brazil (up 12.68%) saw the largest increases amongst emerging markets in January,” according to Deborah Fuhr, managing partner, founder, and owner of ETFGI.
Growth in assets in the ETFs industry in Canada as of the end of January
The ETFs industry in Canada has 1,256 ETFs, with 1,570 listings, assets of $410.69 Bn, from 45 providers listed on 2 exchanges at the end of January.
During January, ETFs gathered net inflows of $7.43 Bn. Equity ETFs reported net inflows of $2.72 Bn which is slightly higher than the $2.01 Bn in net inflows in January 2024. Fixed income ETFs gathered net inflows of $538.73 Mn during January which is much higher than the $58.53 Mn in net inflows in January 2024. Active ETFs reported net inflows of $3.84 Bn during the month, which is higher than the $1.56 Bn in net inflows in January 2024. Crypto ETFs reported net inflows of $73.59 Mn during January which is higher than the $334.68 Mn in net outflows in January 2024. Currency ETFs reported net inflows of $61.73 Mn during January, which is higher than the $9.63 Mn in net inflows in January 2024.
Substantial inflows can be attributed to the top 20 ETFs by net new assets, which collectively gathered $3.92 Bn during January. Vanguard S&P 500 Index ETF (VFV CN) gathered $609.12 Mn, the largest individual net inflow.
Top 20 ETFs by net new assets January 2025: Canada
|
Name |
Ticker |
Assets |
NNA |
NNA |
|
VFV CN |
15,360.97 |
609.12 |
609.12 |
|
|
iShares Core Equity ETF Portfolio |
XEQT CN |
4,548.06 |
324.89 |
324.89 |
|
iShares MSCI EAFE IMI Index Fund |
XEF CN |
7,057.34 |
310.48 |
310.48 |
|
Global X High Interest Savings ETF |
CASH CN |
4,061.79 |
302.02 |
302.02 |
|
BMO S&P/TSX Capped Composite Index ETF |
ZCN CN |
6,896.94 |
216.53 |
216.53 |
|
iShares Core S&P/TSX Capped Composite Index ETF |
XIC CN |
10,525.81 |
213.10 |
213.10 |
|
Vanguard All-Equity ETF Portfolio |
VEQT CN |
4,400.59 |
205.41 |
205.41 |
|
iShares S&P 500 Index ETF |
XUS CN |
6,380.35 |
202.98 |
202.98 |
|
iShares Core S&P 500 Index ETF (CAD-Hedged) |
XSP CN |
8,157.14 |
170.07 |
170.07 |
|
Fidelity All-in-One Balanced ETF |
FBAL CN |
1,627.93 |
164.39 |
164.39 |
|
iShares Premium Money Market Fund |
CMR CN |
1,082.05 |
142.49 |
142.49 |
|
BMO MSCI EAFE High Quality Index ETF |
ZIQ CN |
148.19 |
138.02 |
138.02 |
|
Vanguard U.S. Total Market Index ETF |
VUN CN |
8,009.58 |
132.86 |
132.86 |
|
Fidelity Absolute Income Fund |
FCAB CN |
129.61 |
130.69 |
130.69 |
|
BMO Core Plus Bond Fund ETF - CAD Hdg |
ZCPB CN |
1,137.87 |
128.35 |
128.35 |
|
iShares NASDAQ 100 Index Fund (CAD-Hedged) |
XQQ CN |
2,376.08 |
116.57 |
116.57 |
|
BMO Short Corporate Bond Index ETF |
ZCS CN |
1,988.42 |
111.49 |
111.49 |
|
High Interest Savings Account Fund |
HISA CN |
1,014.73 |
105.63 |
105.63 |
|
Vanguard U.S. Aggregate Bond Index ETF (CAD-hedged) |
VBU CN |
892.82 |
101.38 |
101.38 |
|
BMO S&P 500 Index ETF |
ZSP CN |
16,055.45 |
91.12 |
91.12 |
Investors have tended to invest in Active ETFs during January.
Contact deborah.fuhr@etfgi.com if you have any questions or comments on the press release or ETFGI events, research or consulting services.
Join Us to Celebrate 35 Years of ETFs in Canada at the ETFGI Global ETFs Insights Summit in Toronto on December 9th!
We are excited to announce that our 7th Annual ETFGI Global ETFs Insights Summit - Canada will take place in Toronto at Borden Ladner Gervais LLP (BLG)’s office on December 9th!
The day will begin with an opening bell-ringing ceremony with the TMX Group to celebrate 35 years of ETFs in Canada, followed by a full-day of panel discussions featuring industry leaders and concluding with a networking drinks reception.
Secure your spot now to be part of this landmark event! Register now to join us!
The summit is designed as an educational event fostering discussions on the evolving role of ETFs, including active and virtual assets, for financial advisors and institutional investors in Canada. Industry leaders from issuers, regulators, investors, exchanges, and trading firms will share insights on market structure, regulations, trading practices, and technological advancements shaping ETF innovation and usage.
Don’t miss this opportunity to explore key trends and network with experts driving the future of ETFs.
📅Event Date: December 9th
⏰Time: Full day event including a networking drinks reception
📍Location: Borden Ladner Gervais’s office in Toronto
🆓Free Registration: For CFA members, buy-side institutional investors, and financial advisors.
🐤Early Bird Discount: Ends October 31st, 2025
CPD Credits: Earn educational credits
📋View the agenda, speakers, and topics from last year's successful ETFGI Global ETFs Insights Summit - Canada - https://rb.gy/rremx7
2025 ETFGI Global ETFs Insights Summits schedule:
- 6th Annual – Europe & Africa 2025 - Join us to Celebrate 25 Years of ETFs in Europe on May 1st at the London Stock Exchange, and virtually on May 2nd! Register now.
- 6th Annual - Latin America 2025 - in Mexico City on May 21st at Bolsa Institucional de Valores (BIVA) and virtually on May 22nd. Register now.
- 6th Annual - Asia Pacific 2025 (in Hong Kong on September 3rd and virtually on September 4th). Register now.
- 6th Annual - Middle East 2025 (in the UAE in October). Register your interest.
- 6th Annual - United States 2025 (in New York in November). Register your interest.
| ETFGI (www.ETFGI.com) is a leading independent firm which has for over 13 years provided subscription research services providing monthly reports covering trends in the global ETFs ecosystem, factsheets on all ETFs and ETPs listed globally, consulting services, ETF TV (www.ETFtv.net) and our Annual ETFGI Global ETFs Insights Summit educational events. If you are interested in sponsoring or speaking at any of our upcoming events or have any questions, please contact us deborah.fuhr@etfgi.com and margareta.hricova@etfgi.com. |
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