July 2026: New ETFs Listed in Canada

A diverse group of exchange-traded funds began trading in Canada in July 2026, with launches from major managers and boutique issuers across credit, thematic equity, multifactor and income strategies.

BMO launched ZCDX and a U.S.-dollar version, ZCDX.U, listed as the BMO Credit Stress Opportunities ETF. The fund is described by the issuer as targeting corporate credit dislocations through active exposure to stressed or dislocated credit instruments.

Guardian Investment Management introduced GIAI, the i3 AI Technology and Innovation Fund, which targets companies involved in artificial intelligence and related technology sectors.

Lysander-Canso listed PBY, the Credit Income ActivETF, an actively managed credit income fund intended to generate income from corporate credit holdings.

Capital Group added three selection ETFs to its Canadian lineup: CAPN, the International Developed Equity Select ETF; CAPQ, the Global Developed Equity Select ETF; and CAPU, the U.S. Equity Select ETF. Each fund offers targeted developed-market equity exposure selected by Capital Group portfolio teams.

IA Clarington launched IIME, the International Multifactor Equity Fund, which applies multifactor rules to developed international equity allocations.

Harvest listed HHII, the International High Income Shares ETF, and HPYG, the Premium Yield Gold ETF. Harvest describes HHII as seeking higher income from international fixed income or dividend sources and HPYG as designed to provide yield exposure tied to gold-related securities.

Brompton introduced two HighPay funds: PAYI, a Utilities & Infrastructure HighPay ETF, and PAYU, a U.S. Equity HighPay ETF. Both funds are structured to pursue higher distributions within their sector or regional focus.

Evolve launched two sector yield funds, CFIN, the Canadian Financials Yield Fund, and CUTE, the Canadian Utilities Yield Fund, each targeting income from their respective domestic sectors.

Madison Investments added MLRG and MMID to its U.S.-focused ETF line, tracking U.S. large-cap and mid-cap equities respectively. NBI listed NSDC, the SmartData Canadian Equity Fund, which selects Canadian equities using a data-driven model.

The July listings include funds focused on credit strategies, thematic AI exposure, multifactor international equity, and yield-enhanced domestic and U.S. equity products. Detailed information on investment approach, fees, index methodology and distribution policy is available in each fund’s prospectus and regulatory filings provided by the issuers.