— As of December 31, 2024 —
In December, the Canadian ETF industry reported AUM of $570 billion. Key inflow categories for the year were U.S Equity, Canadian Fixed Income and Canadian Equity. BMO reported AUM at $129.4 billion, and the top three selling ETFs were the BMO S&P 500 Index ETF (ticker: ZSP), the BMO Long Federal Bond Index ETF (ticker: ZFL), and the BMO Money Market Fund ETF Series (ticker: ZMMK).
The top three selling categories for BMO in 2024 were Canadian Short-Term Fixed Income, Canadian Fixed Income, and U.S. Equity, while the top three BMO ETFs sold in 2023 were the BMO S&P 500 Index ETF (ticker: ZSP), the BMO Aggregate Bond Index ETF (ticker: ZAG), and the BMO Money Market Fund ETF Series (ticker: ZMMK).*
*Industry figures reported inclusive of ETF of ETFs.
Industry Rankings
AUM is total AUM of all listed ETFs. As such it may include positions held in other investment products, including ETFs.| Provider | AUM [$M] | Market Share [%] | # ETFs | Total Change Month over Month [$M] | Capital Flows Month over Month [$M] | Total Change YTD ($M) | Capital Flows YTD ($M) |
|---|---|---|---|---|---|---|---|
| RBC iShares |
$154,206.8
|
27.1% | 233 |
$1,276.3
|
$4,469.2
|
$38,567.4
|
$20,769.0
|
| BMO |
$129,403.9
|
22.7% | 195 |
$318.0
|
$2,270.6
|
$31,893.8
|
$18,451.2
|
| Vanguard |
$91,986.2
|
16.1% | 38 |
$605.0
|
$2,084.5
|
$30,356.0
|
$16,945.5
|
| Global X |
$38,680.0
|
6.8% | 135 |
$393.2
|
$579.8
|
$8,242.2
|
$4,081.1
|
| CI GAM |
$22,683.4
|
4.0% | 133 |
-$711.2
|
$229.7
|
$1,593.5
|
$1,207.4
|
| TD |
$19,533.4
|
3.4% | 48 |
$295.8
|
$425.6
|
$7,500.9
|
$4,664.4
|
| Fidelity |
$16,412.6
|
2.9% | 48 |
$706.9
|
$1,092.1
|
$10,832.1
|
$9,047.7
|
| Mackenzie |
$15,446.6
|
2.7% | 53 |
-$136.8
|
-$349.7
|
$2,528.8
|
-$1,205.5
|
| National Bank |
$12,420.5
|
2.2% | 15 |
-$256.2
|
-$23.5
|
$1,345.8
|
$161.5
|
| Purpose |
$12,414.7
|
2.2% | 74 |
-$84.1
|
$30.4
|
$2,755.4
|
$173.8
|
| Invesco |
$7,965.9
|
1.4% | 67 |
$59.3
|
$125.6
|
$2,105.3
|
$877.9
|
| Hamilton |
$6,868.9
|
1.2% | 24 |
$77.1
|
$261.0
|
$3,182.7
|
$2,641.0
|
| Harvest |
$5,117.7
|
0.9% | 51 |
-$102.1
|
$148.4
|
$1,359.5
|
$1,308.0
|
| Desjardins |
$4,523.1
|
0.8% | 24 |
$89.5
|
$119.6
|
$2,651.0
|
$2,162.9
|
| CIBC |
$4,349.0
|
0.8% | 34 |
$298.6
|
$337.6
|
$1,554.6
|
$1,382.8
|
| Evolve |
$4,247.1
|
0.7% | 56 |
-$202.1
|
-$140.2
|
$826.2
|
$419.9
|
| Manulife |
$3,877.6
|
0.7% | 34 |
$4.0
|
$84.9
|
$995.9
|
$647.4
|
| Dynamic |
$3,840.5
|
0.7% | 32 |
$60.8
|
$80.9
|
$1,211.8
|
$703.9
|
| PIMCO |
$3,234.9
|
0.6% | 8 |
$21.0
|
$86.2
|
$875.9
|
$925.5
|
| Scotia |
$3,161.1
|
0.6% | 9 |
$150.3
|
$161.0
|
$1,618.6
|
$1,102.7
|
| Templeton |
$1,934.8
|
0.3% | 24 |
$5.0
|
$24.8
|
$528.1
|
$337.8
|
| Brompton |
$1,185.0
|
0.2% | 18 |
$13.8
|
$35.5
|
$490.2
|
$416.0
|
| Picton |
$1,105.3
|
0.2% | 9 |
$65.5
|
$63.5
|
$415.5
|
$184.6
|
| AGF |
$964.9
|
0.2% | 12 |
$2.6
|
$11.2
|
-$94.4
|
-$230.7
|
| First Trust |
$575.9
|
0.1% | 30 |
$31.9
|
$42.7
|
$169.9
|
$102.5
|
| Guardian |
$567.7
|
0.1% | 22 |
$14.4
|
$16.7
|
$205.0
|
$148.0
|
| middlefield |
$539.3
|
0.1% | 6 |
-$5.5
|
$2.2
|
$75.9
|
-$7.7
|
| Ninepoint |
$488.3
|
0.1% | 8 |
$488.3
|
-$32.9
|
-$106.8
|
-$159.1
|
| 3iQ |
$461.3
|
0.1% | 2 |
$461.3
|
-$117.0
|
$202.1
|
-$90.1
|
| Capital Group |
$279.5
|
0.0% | 4 |
$279.5
|
$2.0
|
$279.5
|
$280.6
|
| Bristol Gate |
$194.6
|
0.0% | 3 |
-$8.3
|
$-
|
-$203.8
|
-$400.8
|
| Mulvihill |
$152.5
|
0.0% | 3 |
$152.5
|
-$3.4
|
$65.4
|
$45.1
|
| IA Clarington |
$151.4
|
0.0% | 8 |
$1.3
|
$2.8
|
$23.3
|
$15.7
|
| JPMorgan |
$122.1
|
0.0% | 2 |
$122.1
|
$52.4
|
$122.1
|
$120.4
|
| Arrow Capital |
$108.1
|
0.0% | 4 |
$3.3
|
$3.4
|
$55.4
|
$50.8
|
| Lysander |
$88.9
|
0.0% | 3 |
$0.1
|
-$1.0
|
$6.9
|
-$6.0
|
| Accelerate |
$84.9
|
0.0% | 5 |
$2.4
|
$4.6
|
$17.3
|
$10.4
|
| Russell |
$75.6
|
0.0% | 4 |
$6.5
|
$9.1
|
$0.4
|
-$3.1
|
| LongPoint |
$29.4
|
0.0% | 5 |
$29.4
|
$27.4
|
$29.4
|
$29.4
|
| Corton |
$23.4
|
0.0% | 1 |
$23.4
|
$0.2
|
$23.4
|
$17.6
|
| Quadravest |
$21.2
|
0.0% | 1 |
$21.2
|
$11.7
|
$21.2
|
$20.8
|
| Tralucent |
$19.7
|
0.0% | 1 |
$19.7
|
$-
|
$17.6
|
$9.7
|
| Starlight |
$16.9
|
0.0% | 3 |
-$0.4
|
$0.4
|
-$5.1
|
-$5.4
|
| Forstrong |
$13.9
|
0.0% | 5 |
$13.9
|
-$8.5
|
-$25.7
|
-$27.9
|
| Caldwell |
$5.4
|
0.0% | 1 |
-$0.5
|
$-
|
$1.0
|
$0.1
|
Equity Flows
Equity style and geography
Month Over Month
Year Over Year
Fixed Income Flows
Credit and Term
Month Over Month
Year Over Year
Industry Rankings
Top BMO Funds (Month)| Fund | Ticker | AUM [$M] | Flows |
|---|---|---|---|
| BMO S&P 500 Index ETF | ZSP | 18997.92 | 351.1 |
| BMO Long Federal Bond Index ETF | ZFL | 3739.81 | 350.8 |
| BMO Money Market ETF | ZMMK | 3217.30 | 256.1 |
| BMO MSCI USA High Quality Index ETF | ZUQ | 1212.48 | 204.6 |
| BMO NASDAQ 100 Equity ETF | ZNQ | 1297.60 | 193.2 |
| BMO Aggregate Bond Index ETF | ZAG | 9893.72 | 161.4 |
| BMO MSCI Emerging Markets Index ETF | ZEM | 1141.97 | 148.8 |
| BMO S&P/TSX Capped Composite Index ETF | ZCN | 9388.58 | 118.3 |
| BMO S&P 500 Hedged to CAD Index ETF | ZUE | 3060.65 | 86.3 |
| BMO Equal Weight US Banks Hedged to CAD Index ETF | ZUB | 397.78 | 74.4 |
Industry Rankings
Top BMO Funds (Year)| Fund | Ticker | AUM [$M] | Flows |
|---|---|---|---|
| BMO S&P 500 ETF (CAD) | ZSP | 18997.92 | 3020.1 |
| BMO Aggregate Bond ETF | ZAG | 9893.72 | 2991.0 |
| BMO Money Market Fund ETF Series | ZMMK | 3217.30 | 2323.6 |
| BMO Ultra Short-Term Bond ETF | ZST | 3345.23 | 2245.9 |
| BMO MSCI EAFE ETF | ZEA | 8392.11 | 1211.1 |
| BMO Short Corporate Bond ETF | ZCS | 2688.63 | 1168.7 |
| BMO Mid Corporate Bond ETF | ZCM | 1456.76 | 918.7 |
| BMO S&P/TSX Capped Composite ETF | ZCN | 9388.58 | 810.7 |
| BMO Gold Bullion ETF | ZGLD | 660.24 | 596.0 |
| BMO S&P 500 Hedged to CAD ETF | ZUE | 3060.65 | 575.4 |