ETFGI reports the ETFs industry in Canada celebrated 32nd anniversary and reached a record US$276 billion in assets at the end of Q1 2022

 

LONDON — April 8, 2022 — ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs/ETPs ecosystem, reported today the ETFs industry in Canada celebrated its 32nd anniversary and reached a record US$276 billion US Dollars in assets at the end of Q1 2022.   The ETFs industry in Canada gathered net inflows of US$4.29 billion during March, bringing year-to-date net inflows to US$12.05 billion. At the end of the month, Canadian ETF assets increased by 2.0%, from US$270 billion at the end of February to US$276 billion, according to ETFGI's March 2022 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

  • March 9th marked the 32nd anniversary of the listing of the first ETF in Canada.
  • Record $276 Bn invested in ETFs industry in Canada at the end of March 2022.
  • Assets increased 1.0% YTD in 2022, going from $273 Bn at the end of 2021, to $276 Bn.
  • Net inflows of $4.29 Bn in March 2022.
  • Year-to-date net inflows are $12.05 Bn slightly down from the YTD $12.08 Bn gathered in 2022 and the record YTD $12.10 Bn gathered in 2021.
  • $46.57 Bn in net inflows gathered in the past 12 months.
  • 33rd month of consecutive net inflows.
  • Equity ETFs and ETPs listed in Canada gathered a record $7.38 Bn in YTD net inflows 2022.

“The S&P 500 increased by 3.71% in March but is down 4.60% YTD in 2022. Developed markets excluding the US, increased by 1.10% in March but are down 5.57% YTD 2022. Australia (up 10.46%) and Portugal (up 6.50%) experienced the largest increases amongst the developed markets in March. Emerging markets decreased by 2.27% during March but are down 6.52% YTD in 2022. Egypt (down 14.31%) and China (down 8.34%) witnessed the largest declines among emerging markets in March, whilst Brazil (up 14.51%) and Colombia (up 11.98%) gained the most.” According to Deborah Fuhr, managing partner, founder and owner of ETFGI.

Growth in Canadian ETF assets as of the end of March 2022

 

Thirty two years ago on March 9th, 1990 the first ETF was listed in Canada on the Toronto Stock Exchange: the TIPs (Toronto 35 Index Participation Fund) tracking the TSX 35 index. The TIPS ETF listed nearly three years before the first ETF the SPDR S&P 500 ETF (SPY) was listed in the United States on January 29, 1993.

At the end of March 2022, the Canadian ETFs industry had 1,014 products, with 1,281 listings, record assets of $276 Bn, from 42 providers listed on 2 exchanges.

During March, ETFs gathered net inflows of $4.29 Bn. Equity ETFs gathered net inflows of $1.70 Bn during March, bringing YTD net inflows 2022 to $7.38 Bn, higher than the $5.35 Bn in net inflows equity products had attracted at this point in 2021. Fixed income ETFs gathered net inflows of $1.51 Bn during March, bringing net inflows for the YTD to $1.04 Bn, lower than the $1.37 Bn in net inflows fixed income products had attracted YTD in 2021. Commodities ETFs reported net outflows of $38 Mn during March, bringing net outflows YTD 2022 to $232 Mn, lower than the $207 Mn in net inflows commodities products had reported year to date in 2021. Active ETFs suffered net inflows of $726 Mn during March, YTD net inflows are $3.03 Bn, lower than the $3.92 Bn in net inflows active products had reported in the first three months of 2021.

Substantial inflows can be attributed to the top 20 ETFs by net new assets, which collectively gathered $4.55 Bn during March. Horizons Cdn Select Universe Bond ETF (HBB CN) gathered $519 Mn, the largest individual net inflow. Top 20 ETFs by net new assets March 2022: Canada

 

Name

Ticker

Assets
($ Mn)
Mar-22

NNA
($ Mn)
 YTD-22

NNA
($ Mn)
Mar-22

Horizons Cdn Select Universe Bond ETF

HBB CN

1,321.03

141.39

519.46

BMO Aggregate Bond Index ETF

ZAG CN

5,039.45

400.99

397.71

BMO Mid-Term US IG Corporate Bond Hedged to CAD Index ETF

ZMU CN

1,745.18

397.85

393.66

Horizon S&P/TSX 60 Index ETF - Acc

HXT CN

3,070.22

720.79

386.27

BMO Mid-Term US IG Corporate Bond Index ETF

ZIC CN

1,821.29

391.75

383.00

iShares S&P/TSX  Capped Energy Index ETF

XEG CN

1,678.94

333.40

259.32

BMO MSCI USA ESG Leaders Index ETF

ESGY CN

1,504.71

839.19

246.63

BMO Japan Index ETF

ZJPN CN

237.31

240.81

235.06

BMO MSCI Europe High Quality Hedged to CAD Index ETF

ZEQ CN

624.14

258.71

232.14

BMO High Yield US Corporate Bond Hedged to CAD Index ETF  

ZHY CN

679.14

209.86

201.28

BMO High Yield US Corporate Bond Index ETF

ZJK CN

713.78

212.08

200.74

BMO Equal Weight Banks Index ETF

ZEB CN

2,183.96

23.25

154.01

Purpose Bitcoin ETF - CAD - Acc

BTCC/B CN

1,626.22

242.70

144.73

Mackenzie US Large Cap Equity Index ETF

QUU CN

1,899.12

245.73

143.31

Vanguard S&P 500 Index ETF

VFV CN

5,315.88

500.60

128.06

Vanguard U.S. Total Market Index ETF

VUN CN

4,247.81

364.68

127.47

BMO Ultra Short-Term US Bond ETF

ZUS/U CN

231.94

97.12

107.20

iShares 1-10 Year Laddered Goverment Bond Index Fund

CLG CN

366.08

113.77

103.90

BMO Core Plus Bond Fund ETF - CAD Hdg - Acc

ZCPB CN

1,064.54

126.84

101.20

NBI Active International Equity ETF

NINT CN

183.96

101.82

89.04

 

 

Investors have tended to invest in Equity ETFs during March.

Contact deborah.fuhr@etfgi.com if you have any questions or comments on the press release or ETFGI events, research or consulting services.

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ETFGI is excited to see you at Exchange: An ETF Experience from April 11-14, 2022 where we’ll be located in Booth 500. Stop by to learn more about our research, events and consulting services.

Don’t forget to join ETFGI’s Founder and Managing Partner Deborah Fuhr for her “Next-Level ETFs: Level-Up Your ETF Knowledge” session on April 11 at 4:10 pm at the Fontaine Stage.

If you are not registered yet, you can use the code ETFGI10 to receive a 10% discount.

Register to join us at the 3rd annual ETFGI Global ETFs Insights Summit - Latin America, a virtual event on April 27 & 28 and receive a free copy of the ETFGI directory of all products listed in Latin America*!
 

The summit is designed to facilitate a substantive and in-depth discussion on the market structure, regulatory, trading, and technological developments impacting the use of and opportunity for local, US domiciled and UCITS ETFs by various types of investors in Latin America.  

The event is aimed at ETF issuers, brokerage firms and others in the ETF ecosystem globally that are interested in understanding how to tap into the growing interest in ETFs in Latin America.

Exciting line up of speakers in fireside chats and panel discussions on timely and relevant topics with sponsor booths and virtual networking!

?    Free registration for buy side institutional investors and financial advisors
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*(qualified investors only)

     

Speakers include:

  • Ignacio Arrospide, CIO, Creuza Advisors 
  • Alexei Bonamin, Head of the Capital Markets Group, TozziniFreire Advogados  
  • Felipe Cousino, Partner, Alessandri   
  • Matias Cremaschi, Co-Head Investments, Delta Asset Management  
  • Deborah Fuhr, Founder, Managing Partner, ETFGI 
  • Manuel Felipe García Ospina, Chief Wealth Management Officer, Skandia
  • Nicolas Gomez, Managing Director, Head of Latin America ETF and Index Investments and Product Development, BlackRock
  • Eduardo Flores Herrera, Partner, Creel
  • Joshua Kaplan, CFA, Global Head of Research & Investment Strategy, MV Index Solutions  
  • Jamie Lazaro, CEO, BBVA Asset Management Mexico
  • Martin Leinweber, CFA, Digital Asset Product Strategist, MV Index Solutions  
  • Juan Manuel Olivo, Director of Promotion and Issuers, Mexican Stock Exchange
  • Julio Pueyrredon, Partner, Negri & Pueyrredon Abogados  
  • Adriana Rangel, Head of Institutional Sales, Vanguard LATAM   
  • Rick Redding, CEO, Index Industry Association  
  • April Reppy Suydam, Head of Latin America Sales & Distribution, First Trust 
  • Jamie Saborio, Head of ETF & Indexing Sales, Mexico, HSBC Asset Management
  • Zeb Saeed, Passive Products Specialist, DWS
  • Gabriela Santos, Global Market Strategist, J.P. Morgan Asset Management  
  • Allan Stewart, ETF Sales and Relationship Manager - Investment Fund Services, Clearstream 
  • Federico Torres, SVP, Head of Latin American Sales, Global X 
  • Joswilb Vega Ugarte, CIO, AFP Profuturo 
  • Miguel A. Zapatero, Chief Executive Officer, Lima Stock Exchange

The event will cover:

  • Trends in the Use of ETFs in LATAM  
  • How Investors are Using ETFs in Argentina
  • How Investors are Using ETFs in Brazil
  • How Investors are Using ETFs in Chile
  • How Investors are Using ETFs in Colombia
  • How Investors are Using ETFs in Mexico
  • How Investors are Using ETFs in Peru
  • Overview of the offshore ETF Landscape
  • Overview of Trends in the ETF industry - ETFGI Research
  • Global Macro Outlook  
  • Sustainable Finance and ESG regulations impacting investors
  • How are Investors using equity and fixed income ESG ETFs
  • How are Investors are using Crypto and Digital Assets ETFs  
  • Designing Thematic ETFs and Rethinking Country ETF
  • Best Practices when Trading ETFs  
  • Women in ETFs: The Case for Diversity  

To view the agendas, speakers, sponsors and hear recordings from our prior events, please visit the ETFGI website.

Please contact Deborah Fuhr deborah.fuhr@etfgi.com and Margareta Hricova margareta.hricova@etfgi.com if you interested in speaking, sponsoring or have any questions about any of our upcoming events.

We look forward to seeing you at our events!
Debbie and Margareta

Follow us on  Linkedin  and  Twitter  for updates about the event. 

2022 ETFGI Global ETFs Insights Summits:

  • 3rd Annual Latin America (Virtual), April 27 - 28 Register Here
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  • 3rd Annual Europe & MEA (Hybrid), September 20 - 22 Register Here
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  • 4th Annual Canada (Hybrid), November 30 - December 1 Register Here

 ETF TV News #110 Tim Maloney, CFA, Co-Founder and Chief Investment Officer, Roundhill Investments discusses the Metaverse and listing their first ETF in Europe with Deborah Fuhr and Margareta Hricova on ETF TV #PressPlay https://bit.ly/3JmimVO

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Contact: 
Deborah Fuhr 
Managing Partner, Founder 
ETFGI 
Mobile: +44 777 5823 111 
Email: deborah.fuhr@etfgi.com 
Web: www.etfgi.com 

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