# RBC Capital Markets: ETF Lead Market Maker (LMM)

> RBC Capital Markets, LLC is the lead market maker (LMM) for 244 US ETFs, per Cboe BZX, NYSE Arca and Nasdaq, as of Oct 23, 2026. Facts only.

Data as of Oct 23, 2026. Rebuilt every trading night.

As of Oct 23, 2026 . From each listing exchange’s own list.

## RBC Capital Markets, LLC

RBC Capital Markets, LLC is the lead market maker (LMM) for 244 US ETFs: 61 on Cboe BZX, 127 on NYSE Arca, 56 on Nasdaq. Lead market maker per Cboe BZX, NYSE Arca and Nasdaq, as of Oct 23, 2026.

rbccm.com

| Ticker | Fund | Category | Exchange | Credit |
| --- | --- | --- | --- | --- |
| AAAA | Amplius Aggressive Asset Allocation ETF | Allocation | Cboe BZX | Lead market maker per Cboe BZX, as of Oct 23, 2026 |
| AAUA | Alpha Architect US Equity 3 ETF | U.S. stocks | Cboe BZX | Lead market maker per Cboe BZX, as of Oct 23, 2026 |
| APRP | PGIM S&P 500 Buffer 12 ETF - April | Buffer | Cboe BZX | Lead market maker per Cboe BZX, as of Oct 23, 2026 |
| AUGP | PGIM S&P 500 Buffer 12 ETF - August | Buffer | Cboe BZX | Lead market maker per Cboe BZX, as of Oct 23, 2026 |
| BBAG | JPMorgan BetaBuilders U.S. Aggregate Bond ETF | Bonds | Cboe BZX | Lead market maker per Cboe BZX, as of Oct 23, 2026 |
| BBEM | JPMorgan BetaBuilders Emerging Markets Equity ETF | International stocks | Cboe BZX | Lead market maker per Cboe BZX, as of Oct 23, 2026 |
| BBSB | JPMorgan BetaBuilders U.S. Treasury Bond 1-3 Year ETF | Bonds | Cboe BZX | Lead market maker per Cboe BZX, as of Oct 23, 2026 |
| BESF | Bastion Energy ETF | Sector stocks | Cboe BZX | Lead market maker per Cboe BZX, as of Oct 23, 2026 |
| BILT | iShares Infrastructure Active ETF | Themes | Cboe BZX | Lead market maker per Cboe BZX, as of Oct 23, 2026 |
| CALF | Pacer US Small Cap Cash Cows ETF | U.S. stocks | Cboe BZX | Lead market maker per Cboe BZX, as of Oct 23, 2026 |
| COWZ | Pacer US Cash Cows 100 ETF | U.S. stocks | Cboe BZX | Lead market maker per Cboe BZX, as of Oct 23, 2026 |
| CSM | ProShares Large Cap Core Plus | Alternatives | Cboe BZX | Lead market maker per Cboe BZX, as of Oct 23, 2026 |
| DECP | PGIM S&P 500 Buffer 12 ETF - December | Buffer | Cboe BZX | Lead market maker per Cboe BZX, as of Oct 23, 2026 |
| EFAD | ProShares MSCI EAFE Dividend Growers ETF | International stocks | Cboe BZX | Lead market maker per Cboe BZX, as of Oct 23, 2026 |
| FBUF | Fidelity Dynamic Buffered Equity ETF | U.S. stocks | Cboe BZX | Lead market maker per Cboe BZX, as of Oct 23, 2026 |
| FEBP | PGIM S&P 500 Buffer 12 ETF - February | Buffer | Cboe BZX | Lead market maker per Cboe BZX, as of Oct 23, 2026 |
| FFSM | Fidelity Fundamental Small-Mid Cap ETF | U.S. stocks | Cboe BZX | Lead market maker per Cboe BZX, as of Oct 23, 2026 |
| FHEQ | Fidelity Hedged Equity ETF | Alternatives | Cboe BZX | Lead market maker per Cboe BZX, as of Oct 23, 2026 |
| FMAG | Fidelity Magellan ETF | U.S. stocks | Cboe BZX | Lead market maker per Cboe BZX, as of Oct 23, 2026 |
| FYEE | Fidelity Yield Enhanced Equity ETF | U.S. stocks | Cboe BZX | Lead market maker per Cboe BZX, as of Oct 23, 2026 |
| GSWO | Goldman Sachs ActiveBeta World Equity ETF | International stocks | Cboe BZX | Lead market maker per Cboe BZX, as of Oct 23, 2026 |
| ICOW | Pacer Developed Markets International Cash Cows 100 ETF | International stocks | Cboe BZX | Lead market maker per Cboe BZX, as of Oct 23, 2026 |
| IGRO | iShares International Dividend Growth ETF | International stocks | Cboe BZX | Lead market maker per Cboe BZX, as of Oct 23, 2026 |
| JANP | PGIM S&P 500 Buffer 12 ETF - January | Buffer | Cboe BZX | Lead market maker per Cboe BZX, as of Oct 23, 2026 |
| JULP | PGIM S&P 500 Buffer 12 ETF - July | Buffer | Cboe BZX | Lead market maker per Cboe BZX, as of Oct 23, 2026 |
| JUNP | PGIM S&P 500 Buffer 12 ETF - June | Buffer | Cboe BZX | Lead market maker per Cboe BZX, as of Oct 23, 2026 |
| LENS | Sarmaya Thematic ETF | Themes | Cboe BZX | Lead market maker per Cboe BZX, as of Oct 23, 2026 |
| LVHI | Franklin International Low Volatility High Dividend Index ETF | International stocks | Cboe BZX | Lead market maker per Cboe BZX, as of Oct 23, 2026 |
| MAYP | PGIM S&P 500 Buffer 12 ETF - May | Buffer | Cboe BZX | Lead market maker per Cboe BZX, as of Oct 23, 2026 |
| MRCP | PGIM S&P 500 Buffer 12 ETF - March | Buffer | Cboe BZX | Lead market maker per Cboe BZX, as of Oct 23, 2026 |
| MRGR | ProShares Merger ETF | Alternatives | Cboe BZX | Lead market maker per Cboe BZX, as of Oct 23, 2026 |
| NOBL | ProShares S&P 500 Dividend Aristocrats ETF | U.S. stocks | Cboe BZX | Lead market maker per Cboe BZX, as of Oct 23, 2026 |
| NOVP | PGIM S&P 500 Buffer 12 ETF - November | Buffer | Cboe BZX | Lead market maker per Cboe BZX, as of Oct 23, 2026 |
| OCTP | PGIM S&P 500 Buffer 12 ETF - October | Buffer | Cboe BZX | Lead market maker per Cboe BZX, as of Oct 23, 2026 |
| OMFL | Invesco Russell 1000 Dynamic Multifactor ETF | U.S. stocks | Cboe BZX | Lead market maker per Cboe BZX, as of Oct 23, 2026 |
| OMFS | Invesco Russell 2000 Dynamic Multifactor ETF | U.S. stocks | Cboe BZX | Lead market maker per Cboe BZX, as of Oct 23, 2026 |
| OSCV | Opus Small Cap Value ETF | U.S. stocks | Cboe BZX | Lead market maker per Cboe BZX, as of Oct 23, 2026 |
| PBAP | PGIM S&P 500 Buffer 20 ETF - April | Buffer | Cboe BZX | Lead market maker per Cboe BZX, as of Oct 23, 2026 |
| PBAU | PGIM S&P 500 Buffer 20 ETF - August | Buffer | Cboe BZX | Lead market maker per Cboe BZX, as of Oct 23, 2026 |
| PBDE | PGIM S&P 500 Buffer 20 ETF - December | Buffer | Cboe BZX | Lead market maker per Cboe BZX, as of Oct 23, 2026 |
| PBFB | PGIM S&P 500 Buffer 20 ETF - February | Buffer | Cboe BZX | Lead market maker per Cboe BZX, as of Oct 23, 2026 |
| PBJA | PGIM S&P 500 Buffer 20 ETF - January | Buffer | Cboe BZX | Lead market maker per Cboe BZX, as of Oct 23, 2026 |
| PBJL | PGIM S&P 500 Buffer 20 ETF - July | Buffer | Cboe BZX | Lead market maker per Cboe BZX, as of Oct 23, 2026 |
| PBJN | PGIM S&P 500 Buffer 20 ETF - June | Buffer | Cboe BZX | Lead market maker per Cboe BZX, as of Oct 23, 2026 |
| PBMR | PGIM S&P 500 Buffer 20 ETF - March | Buffer | Cboe BZX | Lead market maker per Cboe BZX, as of Oct 23, 2026 |
| PBMY | PGIM S&P 500 Buffer 20 ETF - May | Buffer | Cboe BZX | Lead market maker per Cboe BZX, as of Oct 23, 2026 |
| PBNV | PGIM S&P 500 Buffer 20 ETF - November | Buffer | Cboe BZX | Lead market maker per Cboe BZX, as of Oct 23, 2026 |
| PBOC | PGIM S&P 500 Buffer 20 ETF - October | Buffer | Cboe BZX | Lead market maker per Cboe BZX, as of Oct 23, 2026 |
| PBSE | PGIM S&P 500 Buffer 20 ETF - September | Buffer | Cboe BZX | Lead market maker per Cboe BZX, as of Oct 23, 2026 |
| PEX | ProShares Global Listed Private Equity ETF | International stocks | Cboe BZX | Lead market maker per Cboe BZX, as of Oct 23, 2026 |
| PIPE | Invesco SteelPath MLP & Energy Infrastructure ETF | Sector stocks | Cboe BZX | Lead market maker per Cboe BZX, as of Oct 23, 2026 |
| PWS | Pacer WealthShield ETF | U.S. stocks | Cboe BZX | Lead market maker per Cboe BZX, as of Oct 23, 2026 |
| REGL | ProShares S&P MidCap 400 Dividend Aristocrats ETF | U.S. stocks | Cboe BZX | Lead market maker per Cboe BZX, as of Oct 23, 2026 |
| SDVD | FT Vest SMID Rising Dividend Achievers Target Income ETF | Income | Cboe BZX | Lead market maker per Cboe BZX, as of Oct 23, 2026 |
| SEPP | PGIM S&P 500 Buffer 12 ETF - September | Buffer | Cboe BZX | Lead market maker per Cboe BZX, as of Oct 23, 2026 |
| SMDV | ProShares S&P SmallCap 600 Dividend Aristocrats ETF | U.S. stocks | Cboe BZX | Lead market maker per Cboe BZX, as of Oct 23, 2026 |
| SNPD | Xtrackers S&P Dividend Aristocrats Screened ETF | U.S. stocks | Cboe BZX | Lead market maker per Cboe BZX, as of Oct 23, 2026 |
| SNPG | Xtrackers S&P 500 Growth Scored & Screened ETF | U.S. stocks | Cboe BZX | Lead market maker per Cboe BZX, as of Oct 23, 2026 |
| TDVI | FT Vest Technology Dividend Target Income ETF | Income | Cboe BZX | Lead market maker per Cboe BZX, as of Oct 23, 2026 |
| XEML | Xtrackers Europe Market Leaders ETF | International stocks | Cboe BZX | Lead market maker per Cboe BZX, as of Oct 23, 2026 |
| XOEX | Xtrackers S&P 100 Ex Top 20 ETF | U.S. stocks | Cboe BZX | Lead market maker per Cboe BZX, as of Oct 23, 2026 |
| AAAC | Columbia AAA CLO ETF | Bonds | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| ATCL | REX Autocallable Income ETF | Income | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| BBLU | EA Bridgeway Blue Chip ETF | U.S. stocks | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| BDIV | AAM BRENTVIEW DIVIDEND GROWTH ETF | U.S. stocks | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| BGDV | Bahl & Gaynor Dividend ETF | U.S. stocks | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| BGIG | Bahl & Gaynor Income Growth ETF | U.S. stocks | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| BNDS | Infrastructure Capital Bond Income ETF | Bonds | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| BUYB | ProShares S&P 500 Buyback Aristocrats ETF | U.S. stocks | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| CBLS | Clough Hedged Equity ETF | Alternatives | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| CBSE | Clough Select Equity ETF | U.S. stocks | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| CGHM | Capital Group Municipal High-Income ETF | Bonds | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| CGSM | Capital Group Short Duration Municipal Income ETF | Bonds | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| CGUI | Capital Group Ultra Short Income ETF | Bonds | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| CLOC | AAM Crescent CLO ETF | Bonds | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| CLOO | NYLIM Investment Grade CLO ETF | Bonds | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| DACL | REX Defensive Autocallable Income ETF | Income | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| DHLX | Diamond Hill Large Cap Concentrated ETF | U.S. stocks | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| DIVI | Franklin International Core Dividend Tilt Index ETF | International stocks | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| EIPI | FT Energy Income Partners Enhanced Income ETF | Income | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| EIPX | FT Energy Income Partners Strategy ETF | U.S. stocks | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| EMCR | Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF | International stocks | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| EMCS | Xtrackers MSCI Emerging Markets Select ETF | International stocks | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| EPAI | Harbor AI Inflection Strategy ETF | Themes | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| EPEM | Harbor Emerging Markets Equity ETF | International stocks | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| EPIN | Harbor International Equity ETF | International stocks | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| EPMB | Harbor Mid Cap Core ETF | U.S. stocks | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| EPMV | Harbor Mid Cap Value ETF | U.S. stocks | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| EPSB | Harbor SMID Cap Core ETF | U.S. stocks | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| EPSV | Harbor SMID Cap Value ETF | U.S. stocks | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| ESIM | Eventide International ETF | International stocks | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| EVLN | Eaton Vance Floating-Rate ETF | Bonds | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| EWD | iShares MSCI Sweden ETF | International stocks | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| EWN | iShares MSCI Netherlands ETF | International stocks | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| EWQ | iShares MSCI France ETF | International stocks | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| FAI | First Trust Bloomberg Artificial Intelligence ETF | Themes | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| FBT | First Trust NYSE Arca Biotechnology Index Fund | Themes | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| FDD | First Trust STOXX European Select Dividend Index Fund | International stocks | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| FDL | First Trust Morningstar ETF | U.S. stocks | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| FDM | First Trust DJ Select MicroCap ETF | U.S. stocks | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| FDN | First Trust Dow Jones Internet Index Fund | Themes | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| FESC | First Eagle Small Cap Equity ETF | U.S. stocks | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| FHLC | Fidelity MSCI Health Care Index ETF | Sector stocks | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| FIDI | Fidelity International High Dividend ETF | International stocks | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| FIDU | Fidelity MSCI Industrials Index ETF | Sector stocks | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| FIVA | Fidelity International Value Factor ETF | International stocks | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| FPWR | First Trust EIP Power Solutions ETF | Themes | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| FPX | First Trust US Equity Opportunities ETF | U.S. stocks | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| FTEC | Fidelity MSCI Information Technology Index ETF | Sector stocks | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| FTKI | First Trust Small Cap BuyWrite Income ETF | Income | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| FTMA | Franklin Massachusetts Municipal Income ETF | Bonds | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| FTMN | Franklin Minnesota Municipal Income ETF | Bonds | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| FTMS | Franklin Short-Term Municipal Income ETF | Bonds | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| FTNJ | Franklin New Jersey Municipal Income ETF | Bonds | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| FTNY | Franklin New York Municipal Income ETF | Bonds | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| FTOH | Franklin Ohio Municipal Income ETF | Bonds | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| FTPA | Franklin Pennsylvania Municipal Income ETF | Bonds | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| FUTY | Fidelity MSCI Utilities Index ETF | Sector stocks | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| FVD | First Trust Value Line Dividend Index Fund | U.S. stocks | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| FXH | First Trust Health Care AlphaDEX Fund | Sector stocks | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| GCAL | Goldman Sachs Dynamic California Municipal Income ETF | Bonds | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| GMNY | Goldman Sachs Dynamic New York Municipal Income ETF | Bonds | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| GMUB | Goldman Sachs Municipal Income ETF | Bonds | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| GQGU | GQG US Equity ETF | U.S. stocks | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| GUMI | Goldman Sachs Ultra Short Municipal Income ETF | Bonds | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| GXUS | Goldman Sachs MarketBeta Total International Equity ETF | International stocks | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| HTAX | Nomura National High-Yield Municipal Bond ETF | Bonds | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| HUSV | First Trust Horizon Managed Volatility Domestic ETF | U.S. stocks | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| IMTB | iShares Core 5-10 Year USD Bond ETF | Bonds | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| ITAN | Sparkline Intangible Value ETF | U.S. stocks | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| IWR | iShares Russell Mid-Cap ETF | U.S. stocks | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| JHID | John Hancock International High Dividend ETF | International stocks | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| JHLN | John Hancock Global Senior Loan ETF | Bonds | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| JHMU | John Hancock Dynamic Municipal Bond ETF | Bonds | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| JMHI | JPMorgan High Yield Municipal ETF | Bonds | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| JMSI | JPMorgan Sustainable Municipal Income ETF | Bonds | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| LQDB | iShares BBB Rated Corporate Bond ETF | Bonds | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| LTAX | Nomura Tax-Free USA ETF | Bonds | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| MAVF | Matrix Advisors Value ETF | U.S. stocks | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| MBOX | Freedom Day Dividend ETF | U.S. stocks | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| MCVT | Miller Convertible Total Return ETF | Bonds | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| MFUS | PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF | U.S. stocks | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| MIDE | Xtrackers S&P MidCap 400 Scored & Screened ETF | U.S. stocks | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| MMMA | NYLIM MacKay Muni Allocation ETF | Bonds | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| MMSD | NYLIM MacKay Muni Short Duration ETF | Bonds | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| MUNX | AMG GW&K Muni Income ETF | Bonds | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| NBCR | Neuberger Core Equity ETF | U.S. stocks | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| NBDS | Neuberger Disrupters ETF | U.S. stocks | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| NBET | Neuberger Energy Transition & Infrastructure ETF | Themes | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| NBGX | Neuberger Growth ETF | U.S. stocks | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| NBIE | Neuberger International Core Equity ETF | International stocks | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| NBSM | Neuberger Small-Mid Cap ETF | U.S. stocks | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| NMB | Simplify National Muni Bond ETF | Bonds | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| NTRL | First Trust Equity Market Neutral ETF | Alternatives | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| PCLO | Virtus Seix AAA Private Credit CLO ETF | Bonds | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| PFLD | AAM Low Duration Preferred and Income Securities ETF | Bonds | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| PGRI | Putnam International Stock ETF | International stocks | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| PGRO | Putnam Focused Large Cap Growth ETF | U.S. stocks | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| PRXI | Praxis Impact International ETF | International stocks | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| PULS | PGIM Ultra Short Bond ETF | Bonds | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| PVAL | Putnam Focused Large Cap Value ETF | U.S. stocks | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| RAFE | PIMCO RAFI ESG U.S. ETF | U.S. stocks | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| RBLD | First Trust Alerian U.S. NextGen Infrastructure ETF | Themes | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| REMC | Columbia Research Enhanced Mid Cap ETF | U.S. stocks | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| RESM | Columbia Research Enhanced Small Cap ETF | U.S. stocks | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| ROPE | Coastal Compass 100 ETF | U.S. stocks | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| RXI | iShares Global Consumer Discretionary ETF | Sector stocks | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| SAWG | AAM SAWGRASS U.S. LARGE CAP QUALITY GROWTH ETF | U.S. stocks | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| SAWS | AAM SAWGRASS U.S. SMALL CAP QUALITY GROWTH ETF | U.S. stocks | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| SCAP | Infrastructure Capital Small Cap Income ETF | U.S. stocks | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| SCDV | Bahl & Gaynor Small Cap Dividend ETF | U.S. stocks | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| SCHG | Schwab U.S. Large-Cap Growth ETF | U.S. stocks | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| SCHV | Schwab U.S. Large-Cap Value ETF | U.S. stocks | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| SMIG | Bahl & Gaynor Small/Mid Cap Income Growth ETF | U.S. stocks | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| SNPE | Xtrackers S&P 500 Scored & Screened ETF | U.S. stocks | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| TCV | Towle Small-Cap Value ETF | U.S. stocks | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| TDVG | T. Rowe Price Dividend Growth ETF | U.S. stocks | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| TGRW | T. Rowe Price Growth Stock ETF | U.S. stocks | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| TIME | Clockwise U.S. Core Equity ETF | U.S. stocks | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| TMSL | T. Rowe Price Small-Mid Cap ETF | U.S. stocks | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| TMVE | Thrivent Mid Cap Value ETF | U.S. stocks | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| TRFM | AAM Transformers ETF | Themes | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| TRND | Pacer Trendpilot Fund of Funds ETF | Allocation | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| TSCV | Thrivent Small Cap Value ETF | U.S. stocks | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| TSME | Thrivent Small-Mid Cap Equity ETF | U.S. stocks | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| TSPA | T. Rowe Price U.S. Equity Research ETF | U.S. stocks | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| USSG | Xtrackers MSCI USA Selection Equity ETF | U.S. stocks | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| VPX | Variant Perception Cycle Aware US Equity ETF | U.S. stocks | NYSE Arca | Lead market maker per NYSE Arca, as of Oct 23, 2026 |
| AAAP | Pacer Barings CLO Market Flex ETF | Bonds | Nasdaq | Lead market maker per Nasdaq, as of Oct 23, 2026 |
| AAEQ | Alpha Architect US Equity 2 ETF | U.S. stocks | Nasdaq | Lead market maker per Nasdaq, as of Oct 23, 2026 |
| AAUS | Alpha Architect US Equity ETF | U.S. stocks | Nasdaq | Lead market maker per Nasdaq, as of Oct 23, 2026 |
| ACWX | iShares MSCI ACWI ex U.S. ETF | International stocks | Nasdaq | Lead market maker per Nasdaq, as of Oct 23, 2026 |
| AGGA | EA Astoria Beacon Dynamic Core US Fixed Income ETF | Bonds | Nasdaq | Lead market maker per Nasdaq, as of Oct 23, 2026 |
| AIRR | First Trust RBA American Industrial Renaissance ETF | Themes | Nasdaq | Lead market maker per Nasdaq, as of Oct 23, 2026 |
| BCLO | iShares BBB-B CLO Active ETF | Bonds | Nasdaq | Lead market maker per Nasdaq, as of Oct 23, 2026 |
| BDYN | iShares Dynamic Equity Active ETF | U.S. stocks | Nasdaq | Lead market maker per Nasdaq, as of Oct 23, 2026 |
| BREM | iShares Emerging Markets Bond Active ETF | Bonds | Nasdaq | Lead market maker per Nasdaq, as of Oct 23, 2026 |
| BSVO | EA Bridgeway Omni Small-Cap Value ETF | U.S. stocks | Nasdaq | Lead market maker per Nasdaq, as of Oct 23, 2026 |
| CAFG | Pacer US Small Cap Cash Cows Growth Leaders ETF | U.S. stocks | Nasdaq | Lead market maker per Nasdaq, as of Oct 23, 2026 |
| CCFE | Concourse Capital Focused Equity ETF | U.S. stocks | Nasdaq | Lead market maker per Nasdaq, as of Oct 23, 2026 |
| CDC | VictoryShares US EQ Income Enhanced Volatility Wtd ETF | U.S. stocks | Nasdaq | Lead market maker per Nasdaq, as of Oct 23, 2026 |
| CFA | VictoryShares US 500 Volatility Wtd ETF | U.S. stocks | Nasdaq | Lead market maker per Nasdaq, as of Oct 23, 2026 |
| CFO | VictoryShares US 500 Enhanced Volatility Wtd ETF | U.S. stocks | Nasdaq | Lead market maker per Nasdaq, as of Oct 23, 2026 |
| CHGX | Stance Sustainable Beta ETF | U.S. stocks | Nasdaq | Lead market maker per Nasdaq, as of Oct 23, 2026 |
| EFRA | iShares Environmental Infrastructure and Industrials ETF | Themes | Nasdaq | Lead market maker per Nasdaq, as of Oct 23, 2026 |
| EMXF | iShares ESG Advanced MSCI EM ETF | International stocks | Nasdaq | Lead market maker per Nasdaq, as of Oct 23, 2026 |
| ESPO | VanEck Video Gaming and eSports ETF | Themes | Nasdaq | Lead market maker per Nasdaq, as of Oct 23, 2026 |
| EUFN | iShares MSCI Europe Financials ETF | International stocks | Nasdaq | Lead market maker per Nasdaq, as of Oct 23, 2026 |
| FCVT | First Trust SSI Strategic Convertible Securities ETF | Bonds | Nasdaq | Lead market maker per Nasdaq, as of Oct 23, 2026 |
| FDIV | MarketDesk Focused U.S. Dividend ETF | U.S. stocks | Nasdaq | Lead market maker per Nasdaq, as of Oct 23, 2026 |
| FMHI | First Trust Municipal High Income ETF | Bonds | Nasdaq | Lead market maker per Nasdaq, as of Oct 23, 2026 |
| FMTM | MarketDesk Focused U.S. Momentum ETF | U.S. stocks | Nasdaq | Lead market maker per Nasdaq, as of Oct 23, 2026 |
| FTCS | First Trust Capital Strength ETF | U.S. stocks | Nasdaq | Lead market maker per Nasdaq, as of Oct 23, 2026 |
| FTHI | First Trust BuyWrite Income ETF | Income | Nasdaq | Lead market maker per Nasdaq, as of Oct 23, 2026 |
| FTQI | First Trust Nasdaq BuyWrite Income ETF | Income | Nasdaq | Lead market maker per Nasdaq, as of Oct 23, 2026 |
| FTXR | First Trust Nasdaq Transportation ETF | U.S. stocks | Nasdaq | Lead market maker per Nasdaq, as of Oct 23, 2026 |
| INDQ | Pacer ActiveAlpha India Quality ETF | International stocks | Nasdaq | Lead market maker per Nasdaq, as of Oct 23, 2026 |
| JMID | Janus Henderson Mid Cap Growth Alpha ETF | U.S. stocks | Nasdaq | Lead market maker per Nasdaq, as of Oct 23, 2026 |
| LCDS | JPMorgan Fundamental Data Science Large Core ETF | U.S. stocks | Nasdaq | Lead market maker per Nasdaq, as of Oct 23, 2026 |
| MCDS | JPMorgan Fundamental Data Science Mid Core ETF | U.S. stocks | Nasdaq | Lead market maker per Nasdaq, as of Oct 23, 2026 |
| MULT | Franklin Multisector Income ETF | Bonds | Nasdaq | Lead market maker per Nasdaq, as of Oct 23, 2026 |
| NSI | National Security Emerging Markets Index ETF | Themes | Nasdaq | Lead market maker per Nasdaq, as of Oct 23, 2026 |
| NXTG | First Trust Indxx NextG ETF | Themes | Nasdaq | Lead market maker per Nasdaq, as of Oct 23, 2026 |
| PBSC | Pacer Barings Secured Credit Flex ETF | Bonds | Nasdaq | Lead market maker per Nasdaq, as of Oct 23, 2026 |
| PTNQ | Pacer Trendpilot 100 ETF | U.S. stocks | Nasdaq | Lead market maker per Nasdaq, as of Oct 23, 2026 |
| QABA | First Trust NASDAQ ABA Community Bank Index Fund | Sector stocks | Nasdaq | Lead market maker per Nasdaq, as of Oct 23, 2026 |
| QCLN | First Trust Nasdaq Clean Edge Green Energy Index Fund | Themes | Nasdaq | Lead market maker per Nasdaq, as of Oct 23, 2026 |
| QMOM | Alpha Architect U.S. Quantitative Momentum ETF | U.S. stocks | Nasdaq | Lead market maker per Nasdaq, as of Oct 23, 2026 |
| QQEW | First Trust Nasdaq-100 Select Equal Weight ETF | U.S. stocks | Nasdaq | Lead market maker per Nasdaq, as of Oct 23, 2026 |
| QQQG | Pacer Nasdaq 100 Top 50 Cash Cows Growth Leaders ETF | U.S. stocks | Nasdaq | Lead market maker per Nasdaq, as of Oct 23, 2026 |
| QQXT | First Trust Nasdaq-100 Ex-Technology Sector Index Fund | U.S. stocks | Nasdaq | Lead market maker per Nasdaq, as of Oct 23, 2026 |
| QTEC | First Trust NASDAQ-100-Technology Sector Index Fund | Sector stocks | Nasdaq | Lead market maker per Nasdaq, as of Oct 23, 2026 |
| QVOL | Infrastructure Capital Nasdaq Option Income ETF | Income | Nasdaq | Lead market maker per Nasdaq, as of Oct 23, 2026 |
| RDVY | First Trust Rising Dividend Achievers ETF | U.S. stocks | Nasdaq | Lead market maker per Nasdaq, as of Oct 23, 2026 |
| SCDS | JPMorgan Fundamental Data Science Small Core ETF | U.S. stocks | Nasdaq | Lead market maker per Nasdaq, as of Oct 23, 2026 |
| SDG | iShares MSCI Global Sustainable Development Goals ETF | International stocks | Nasdaq | Lead market maker per Nasdaq, as of Oct 23, 2026 |
| SDVY | First Trust SMID Cap Rising Dividend Achievers ETF | U.S. stocks | Nasdaq | Lead market maker per Nasdaq, as of Oct 23, 2026 |
| SPXD | Xtrackers S&P 500 Diversified Sector Weight ETF | U.S. stocks | Nasdaq | Lead market maker per Nasdaq, as of Oct 23, 2026 |
| SQLV | Royce Quant Small-Cap Quality Value ETF | U.S. stocks | Nasdaq | Lead market maker per Nasdaq, as of Oct 23, 2026 |
| THYM | T. Rowe Price High Income Municipal ETF | Bonds | Nasdaq | Lead market maker per Nasdaq, as of Oct 23, 2026 |
| TMNL | T. Rowe Price Long Municipal Income ETF | Bonds | Nasdaq | Lead market maker per Nasdaq, as of Oct 23, 2026 |
| TMNS | T. Rowe Price Short Municipal Income ETF | Bonds | Nasdaq | Lead market maker per Nasdaq, as of Oct 23, 2026 |
| TMSF | T. Rowe Price Multi-Sector Income ETF | Bonds | Nasdaq | Lead market maker per Nasdaq, as of Oct 23, 2026 |
| VRIG | Invesco Variable Rate Investment Grade ETF | Bonds | Nasdaq | Lead market maker per Nasdaq, as of Oct 23, 2026 |

### Questions people ask

Is RBC Capital Markets a lead market maker (LMM)? Yes. RBC Capital Markets, LLC is the lead market maker (LMM) for 244 US ETFs on the lists Cboe BZX, NYSE Arca and Nasdaq publish. Lead market maker per Cboe BZX, NYSE Arca and Nasdaq, as of Oct 23, 2026. Is RBC Capital Markets also an authorized participant (AP)? Yes. RBC Capital Markets, LLC is listed as an AP for 2,561 US ETFs in their latest Form N-CEN.

### Method

Each row is one ETF on one listing exchange’s own list of the market makers it assigns: NYSE Arca’s list of its listed ETPs and their lead market makers, Cboe BZX’s LMM Securities list and Nasdaq’s ETF definitions, where the role is called Designated Liquidity Provider (a Market Quality Supporter is not counted). ETFIQ reads each list once a week as ETFIQ, credits it to its exchange beside every figure, and keeps only the ETFs it covers. A firm is joined to its authorized participant page only where its name is, letter for letter, a broker-dealer’s registered name on the SEC’s list and that registration is the AP firm’s. An exchange that refuses the read shows as not published, with the day.

### Where to next

### Where these figures came from

ETFIQ links to the documents behind every figure; a link is not an endorsement.

A list of firms is not a rating or a recommendation. ETFIQ is an independent publisher, not an adviser. Standards and sources

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Source: ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.
Cite: ETFIQ, RBC Capital Markets, LLC as an ETF lead market maker, data as of Oct 23, 2026. https://etfiq.com/trading/lead-market-makers/rbc-capital-markets/
Licence: https://etfiq.com/license/ Figures ETFIQ computes are free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.
HTML: https://etfiq.com/trading/lead-market-makers/rbc-capital-markets/