ETF Flows

Essential data at your fingertips.

— As of February 28, 2025 —

In February, the Canadian ETF industry reported AUM of $604 billion. Key inflow categories for the month were Global Equity, Canadian Fixed Income and U.S. Equity. BMO reported AUM at $136 billion, and the top three selling ETFs were the BMO Global Equity Fund Active ETF Series (ticker: BGEQ), the BMO Equal Weight Banks Index ETF (ticker: ZEB) 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
$163,011.5
27.0% 235
$1,271.0
$1,819.6
$8,804.7
$4,707.2
BMO
$135,893.2
22.5% 217
$2,619.4
$2,545.3
$6,489.4
$2,967.4
Vanguard
$98,199.0
16.3% 38
$714.2
$1,440.4
$6,212.8
$3,749.4
Global X
$40,663.9
6.7% 136
$469.0
$796.8
$1,983.9
$1,571.7
CI GAM
$22,311.5
3.7% 133
-$910.9
$323.8
-$371.8
$576.5
TD
$20,958.4
3.5% 53
$354.0
$587.1
$1,425.0
$1,078.5
Fidelity
$19,513.0
3.2% 54
$1,207.3
$1,451.4
$3,100.4
$2,677.7
Mackenzie
$16,737.3
2.8% 53
$401.2
-$165.3
$1,290.7
-$225.1
National Bank
$12,925.2
2.1% 15
$159.3
$112.1
$504.7
$198.9
Purpose
$12,545.7
2.1% 81
-$541.9
$495.2
$131.0
$683.4
Invesco
$8,657.4
1.4% 67
$241.1
$392.6
$691.5
$830.2
Hamilton
$7,465.5
1.2% 29
$108.8
$277.3
$596.6
$566.7
Harvest
$5,783.8
1.0% 57
$273.1
$350.5
$666.0
$610.6
Desjardins
$4,987.8
0.8% 25
$56.8
$78.5
$464.7
$342.9
CIBC
$4,768.3
0.8% 34
$171.4
$179.2
$419.3
$350.6
Evolve
$4,441.1
0.7% 56
-$119.8
$3.0
$194.0
$219.0
Dynamic
$4,143.7
0.7% 34
$50.3
$95.9
$303.2
$250.2
Manulife
$4,015.3
0.7% 34
$56.0
$50.2
$137.7
$24.0
Scotia
$3,768.1
0.6% 9
$390.1
$427.0
$607.1
$529.9
PIMCO
$3,516.8
0.6% 8
$121.6
$79.0
$282.0
$210.4
Templeton
$2,044.8
0.3% 25
$18.9
$20.3
$109.9
$64.7
Brompton
$1,324.3
0.2% 18
$50.4
$51.7
$139.3
$110.0
Picton
$1,268.8
0.2% 9
$76.5
$75.7
$163.5
$157.2
AGF
$1,032.9
0.2% 12
$19.4
$6.9
$68.0
$40.2
First Trust
$637.7
0.1% 30
$1.8
$16.4
$61.8
$53.3
Guardian
$576.1
0.1% 22
-$18.7
-$13.4
$8.4
$6.0
middlefield
$533.9
0.1% 6
-$14.1
-$5.6
-$5.5
-$11.9
Ninepoint
$433.4
0.1% 8
$433.4
-$9.4
-$54.9
-$32.1
3iQ
$376.3
0.1% 2
$376.3
-$6.8
-$85.0
-$12.7
Capital Group
$310.2
0.1% 4
$310.2
$19.8
$310.2
$26.0
Bristol Gate
$203.2
0.0% 3
-$45.0
-$42.2
$8.7
$1.6
JPMorgan
$202.5
0.0% 2
$202.5
$41.0
$202.5
$77.3
IA Clarington
$184.8
0.0% 8
$22.9
$24.3
$33.5
$31.8
Mulvihill
$161.9
0.0% 3
$161.9
$8.5
$9.4
$10.7
Arrow Capital
$115.3
0.0% 5
$0.9
$1.3
$7.2
$7.9
Accelerate
$90.9
0.0% 5
$3.1
$3.6
$6.0
$5.0
Lysander
$90.1
0.0% 3
$0.2
$-
$1.1
$0.0
Russell
$83.7
0.0% 4
$3.5
$3.0
$8.0
$5.8
LongPoint
$51.8
0.0% 6
$51.8
$21.4
$51.8
$21.6
Corton
$24.0
0.0% 1
$24.0
-$24.6
$0.6
-$24.2
Tralucent
$22.0
0.0% 1
$22.0
$1.1
$2.3
$2.2
Starlight
$18.8
0.0% 3
$0.0
-$0.2
$1.9
$1.4
Forstrong
$11.7
0.0% 4
$11.7
-$2.7
-$2.1
-$2.7
Quadravest
$9.7
0.0% 1
$9.7
$-
-$11.5
-$11.9
Caldwell
$5.2
0.0% 1
-$0.3
$-
-$0.2
$-

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 Global Equity Active ETF BGEQ 1061.53 1063.1
BMO Equal Weight Banks Index ETF ZEB 4358.08 637.5
BMO Money Market ETF ZMMK 3577.68 334.5
BMO Ultra Short-Term Bond ETF ZST 3663.64 254.1
BMO Aggregate Bond Index ETF ZAG 10142.03 223.9
BMO S&P/TSX Capped Composite Index ETF ZCN 10175.15 187.7
BMO Core Plus Bond ETF ZCPB 1799.68 125.0
BMO S&P 500 Hedged to CAD Index ETF ZUE 3268.54 61.9
BMO Long Federal Bond Index ETF ZFL 3890.39 60.8
BMO Mid-Term U.S. IG Corporate Bond Index Hedged to CAD ETF ZMU 3115.65 52.3

Industry Rankings

Top BMO Funds (Year)
Fund Ticker AUM [$M] Flows
BMO Aggregate Bond ETF ZAG 10142.03 2937.7
BMO Money Market Fund ETF Series ZMMK 3577.68 2532.8
BMO Ultra Short-Term Bond ETF ZST 3663.64 2468.1
BMO S&P 500 ETF (CAD) ZSP 19043.02 2361.0
BMO S&P/TSX Capped Composite ETF ZCN 10175.15 1486.9
BMO Short Corporate Bond ETF ZCS 2834.38 1246.5
BMO Global Equity Active ETF BGEQ 1061.53 1062.7
BMO Mid Corporate Bond ETF ZCM 1526.90 946.4
BMO NASDAQ 100 Equity ETF ZNQ 1430.07 641.6
BMO Gold Bullion ETF ZGLD 725.24 599.2