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Building a BMO ETF Portfolio for Millennials/Gen Z vs RetireesThis fund's objective is to provide a return that is similar to the return of one or more exchange traded funds that invest primarily in Canadian equities. The Fund outperformed the S&P/TSX Composite Index over the quarter. Sector positioning detracted, but was more than offset by positive security selection effect. ETF Insight. How the Largest Canadian ETFs Performed in October. Vanguard US Total Market Index ETF led stock ETF returns while BMO MSCI EAFE Index ETF lagged.