This Week in Canada ETFs: January 19–23, 2026
Here’s a recap of all the key developments from week 4 of 2026 in Canada’s ETF market.
Here’s a recap of the ETF action in the Canadian ETF market for the first week, from launches to filings and major updates.
Champions, utilities, and targeted equity exposure
Hamilton Capital Partners expanded its HAMILTON CHAMPIONS™ lineup with two new index ETFs built around a rules-based, market-leader philosophy.
The HAMILTON CHAMPIONS™ U.S. Technology Index ETF (QMVP) targets large, established U.S. technology names through the Solactive HAMILTON CHAMPIONS™ U.S. Technology Index.
Alongside it, the HAMILTON CHAMPIONS™ Utilities Index ETF (UMVP) tracks a high-dividend utilities benchmark via the Solactive Canadian Utility Services High Dividend Index.
Management highlighted disciplined index construction, low-cost access, and a long-term focus as the core pillars behind the Champions approach.
Nuclear power takes center stage
First Trust Canada introduced the First Trust Bloomberg Nuclear Power ETF (RCTR), bringing targeted exposure to the global nuclear power ecosystem.
The ETF tracks the Bloomberg Nuclear Power Index and gains its exposure by holding a U.S.-listed affiliate ETF. The index focuses on companies across power generation, uranium, and engineering, procurement, and construction, with additional screens tied to operational strength, scalability, and capital access.
The launch reflects a broader theme gaining traction across markets. Rising electricity demand and the limits of existing generation methods are pushing nuclear back into the spotlight as a potential long-term solution.
Yield strategies go global
Evolve ETFs added to its income-focused lineup with the Evolve International Equity UltraYield ETF (INTY).
INTY combines a portfolio of leading international equities with a covered call strategy to enhance income. Distributions are paid twice per month.
The fund also uses modest leverage, capped around one-third of net asset value, to further support yield while aiming to manage volatility through active option writing.
The structure reflects continued demand for equity income products that go beyond domestic markets.
Single-stock income keeps expanding
Harvest Portfolios Group rolled out a new batch of Harvest Enhanced High Income Shares ETFs™, pushing its single-stock ETF lineup even further.
The latest additions are tied to individual U.S. large-cap names, including Block, CrowdStrike, Johnson & Johnson, JPMorgan Chase, Novo Nordisk, and Oracle. Each ETF is designed to generate enhanced income, typically through option-based strategies, while providing focused exposure to a single underlying stock.
With these launches, Harvest continues to cement its position as the largest provider of single-stock ETFs in the Canadian market.
Fee cuts and risk recalibration at BMO
BMO Asset Management delivered a double update that will matter to cost-conscious investors.
First, management fees were reduced on several core ETFs, including gold equity strategies and a government bond index fund. The most notable cuts lowered fees on the BMO Equal Weight Global Gold Index ETF and the BMO Junior Gold Index ETF, reinforcing gold’s role as a portfolio diversifier after a strong year for the metal.
Second, BMO updated risk ratings across a range of ETFs following its annual review under the standardized Canadian framework. Several equity and sector ETFs saw risk levels adjusted downward, while certain small-cap and leveraged exposures were reclassified higher, giving investors clearer signals around portfolio construction.
Filings point to what’s next
Beyond launches, filings offered a glimpse of what could be coming soon.
Russell Investments filed to launch ETF series versions of three multi-factor equity strategies, covering Canadian, U.S., and international equities. Each would carry a competitive 0.30% fee, extending factor-based approaches into an ETF wrapper.
Meanwhile, Dynamic Funds filed for the Dynamic Active Multi-Crypto ETF, which aims to become the first Canadian bank-owned crypto ETF. The strategy would gain exposure through existing crypto ETFs, with sub-advisory support from 3iQ, marking another step in the institutionalization of digital asset access.
Please note this article is for information purposes only and does not in any way constitute investment advice. It is essential that you seek advice from a registered financial professional prior to making any investment decision.
