ETFGI reports Canadian ETF Industry Assets Reach Record US$730 Bn as YTD Net Inflows Climb to Record US$109 Bn at End of July. During July the ETFs industry in Canada gathered net inflows of US$15.94 billion, bringing year-to-date net inflows to a record US$109.26 billion, according to ETFGI's July 2026 Canada ETFs industry landscape insights report, the monthly report which is part of an annual paid-for research subscription service. ETFGI, is a 14 year old leading independent research and consultancy firm renowned for its expertise in subscription research, consulting services, 6 annual ETFGI Global ETFs Insights Summits, and ETF TV on global ETF industry trends. (All dollar values in USD unless otherwise noted)
Highlights
- Assets invested in the ETFs industry in Canada reached a new record of $730.31 Bn at the end of July 2026, beating the previous record of $719.69 Bn in May 2026.
- Assets have increased 25.0% YTD in 2026, going from $584.47 Bn at the end of 2025 to $730.31 Bn.
- Net inflows of $15.94 Bn in July 2026.
- YTD net inflows of $109.26 Bn are the highest on record, while the second highest recorded YTD net inflows was of $56.25 Bn in 2025 and the third highest recorded YTD net inflows of $32.82 Bn in 2024.
- 49th month of consecutive net inflows.
- YTD 189 new ETFs have been launched by 37 providers, 17 ETFs have closed
“The S&P 500 declined slightly by 0.06% in July but remained up 10.14% year-to-date in 2026. Developed markets excluding the US gained 0.30% during July and were up 14.62% year-to-date, with Luxembourg (+12.10%) and Norway (+9.93%) posting the strongest gains among developed markets. Emerging markets fell 0.33% in July but remained up 9.40% year-to-date, while Taiwan (-7.80%) and Turkey (-5.91%) recorded the largest declines among emerging markets,” 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 July
Source: ETFGI data sourced from ETF/ETP sponsors, exchanges, regulatory filings, Thomson Reuters/Lipper, Bloomberg, publicly available sources and data generated in-house. Note: “ETFs” are typically open-end index funds that provide daily portfolio transparency, are listed and traded on exchanges like stocks on a secondary basis as well as utilising a unique creation and redemption process for primary transactions. “ETPs” refers to other products that have similarities to ETFs in the way they trade and settle but they do not use a mutual fund structure. The use of other structures including grantor trusts, partnerships, notes and depositary receipts by ETPs can create different tax and regulatory implications for investors when compared to ETFs which are funds.
The ETFs industry in Canada had 1,646 ETFs, with 2,051 listings, assets of $730.31 Bn, from 53 providers on 2 exchanges at the end of July.
ETF issuers
RBC iShares remained the largest ETF provider in Canada at the end of July with $200.87 billion in assets, accounting for 27.5% of the industry's assets. BMO Asset Management ranked second with $136.91 billion and an 18.7% market share, followed by Vanguard with $122.28 billion and a 16.7% market share. The three largest providers, out of 53 ETF providers in Canada, accounted for 63.0% of total industry assets, while the remaining 50 providers each held less than 7% market share.
Net flows
- Canadian ETFs gathered net inflows of $15.94 Bn in July 2026.
- Equity ETFs attracted $7.43 Bn in net inflows during July, bringing YTD net inflows to $52.67 Bn, significantly higher than the $19.90 Bn gathered by the end of July 2025.
- Fixed income ETFs recorded net inflows of $1.14 Bn in July, raising YTD net inflows to $12.43 Bn, exceeding the $7.29 Bn reported over the same period in 2025.
- Active ETFs gathered $6.88 Bn in net inflows during July, bringing YTD net inflows to $40.90 Bn, well above the $27.25 Bn recorded by the end of July 2025.
- Crypto ETFs attracted $8.61 Mn in net inflows during July, increasing YTD net inflows to $303.80 Mn, slightly below the $444.85 Mn reported during the same period in 2025.
Substantial inflows can be attributed to the top 20 ETF's by net new assets, which collectively gathered $7.12 Bn in July, the iShares Core Equity ETF Portfolio (XEQT CN) gathered $803.83 Mn alone.
Top 20 ETFs by net new assets July 2026: Canada
Source: ETFGI data sourced from ETF/ETP sponsors, exchanges, regulatory filings, Thomson Reuters/Lipper, Bloomberg, publicly available sources and data generated in-house. Note: This report is based on the most recent data available at the time of publication. Asset and flow data may change slightly as additional data becomes available.
Investors have tended to invest in Equity ETFs during July.
