— As of March 31, 2025 —
In March, the Canadian ETF industry reported AUM of $604 billion. Key inflow categories for the month were International Equity, Canadian Fixed Income and Canadian Money Market. BMO reported AUM at $136 billion, and the top three selling ETFs were the BMO Equal Weight Banks Index ETF (ticker: ZEB), the BMO Short Corporate Bond Index ETF (ticker: ZCS) and the BMO Aggregate Bond Index ETF (ticker: ZAG).*
*Industry figures reported inclusive of ETF of ETFs.
Industry Rankings
AUM is total AUM of all listed ETFs. As such it may include positions held in other investment products, including ETFs.| Provider | AUM [$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 |
$162,439.0
|
26.9% | 235 |
-$572.5
|
$2,572.0
|
$8,232.2
|
$7,279.1
|
| BMO |
$136,259.4
|
22.6% | 220 |
$366.1
|
$3,892.5
|
$6,855.5
|
$6,859.9
|
| Vanguard |
$94,947.1
|
15.7% | 38 |
-$3,251.9
|
$1,056.0
|
$2,960.9
|
$4,805.3
|
| Global X |
$40,156.2
|
6.6% | 136 |
-$507.7
|
$289.5
|
$1,476.2
|
$1,861.1
|
| CI GAM |
$21,900.5
|
3.6% | 133 |
-$411.0
|
$50.2
|
-$782.8
|
$626.7
|
| TD |
$21,467.1
|
3.6% | 53 |
$508.6
|
$1,343.9
|
$1,933.7
|
$2,422.5
|
| Fidelity |
$20,691.9
|
3.4% | 54 |
$1,179.0
|
$1,371.5
|
$4,279.3
|
$4,049.3
|
| Mackenzie |
$17,001.9
|
2.8% | 53 |
$264.6
|
-$15.5
|
$1,555.2
|
-$240.5
|
| National Bank |
$12,885.0
|
2.1% | 15 |
-$40.2
|
$130.8
|
$464.5
|
$329.7
|
| Purpose |
$12,752.5
|
2.1% | 81 |
$206.8
|
$413.5
|
$337.8
|
$1,096.9
|
| Invesco |
$8,363.0
|
1.4% | 67 |
-$294.4
|
$675.3
|
$397.1
|
$1,505.5
|
| Hamilton |
$7,368.7
|
1.2% | 29 |
-$96.8
|
$216.5
|
$499.9
|
$783.1
|
| Desjardins |
$6,059.9
|
1.0% | 25 |
$1,072.1
|
$1,211.8
|
$1,536.8
|
$1,554.8
|
| Harvest |
$5,800.8
|
1.0% | 57 |
$17.0
|
$292.0
|
$683.0
|
$902.6
|
| CIBC |
$5,412.0
|
0.9% | 34 |
$643.7
|
$730.3
|
$1,063.1
|
$1,080.9
|
| Evolve |
$4,414.0
|
0.7% | 56 |
-$27.1
|
$80.7
|
$166.9
|
$299.8
|
| Scotia |
$4,267.3
|
0.7% | 9 |
$499.2
|
$659.5
|
$1,106.3
|
$1,189.5
|
| Dynamic |
$4,214.1
|
0.7% | 34 |
$70.4
|
$190.2
|
$373.6
|
$440.3
|
| Manulife |
$4,017.2
|
0.7% | 34 |
$1.9
|
$13.6
|
$139.6
|
$37.6
|
| PIMCO |
$3,618.9
|
0.6% | 8 |
$102.0
|
$118.9
|
$384.0
|
$329.3
|
| Templeton |
$2,062.5
|
0.3% | 25 |
$17.7
|
$57.9
|
$127.6
|
$122.6
|
| Picton |
$1,305.9
|
0.2% | 9 |
$37.1
|
$45.8
|
$200.6
|
$203.1
|
| Brompton |
$1,301.9
|
0.2% | 18 |
-$22.4
|
$16.9
|
$116.9
|
$126.9
|
| AGF |
$948.6
|
0.2% | 12 |
-$84.3
|
-$86.2
|
-$16.3
|
-$46.0
|
| First Trust |
$615.2
|
0.1% | 30 |
-$22.6
|
$4.6
|
$39.3
|
$57.9
|
| Guardian |
$590.9
|
0.1% | 22 |
$14.7
|
$25.6
|
$23.2
|
$31.7
|
| middlefield |
$500.1
|
0.1% | 6 |
-$33.8
|
-$9.3
|
-$39.2
|
-$21.2
|
| Ninepoint |
$460.8
|
0.1% | 8 |
$460.8
|
-$1.3
|
-$27.4
|
-$33.4
|
| 3iQ |
$355.2
|
0.1% | 2 |
$355.2
|
-$2.8
|
-$106.0
|
-$15.5
|
| Capital Group |
$341.6
|
0.1% | 4 |
$341.6
|
$37.9
|
$341.6
|
$63.8
|
| JPMorgan |
$282.5
|
0.0% | 2 |
$282.5
|
$91.7
|
$282.5
|
$169.0
|
| Bristol Gate |
$236.7
|
0.0% | 3 |
$33.4
|
$42.5
|
$42.1
|
$44.2
|
| IA Clarington |
$182.1
|
0.0% | 8 |
-$2.7
|
$1.0
|
$30.7
|
$32.8
|
| Mulvihill |
$154.0
|
0.0% | 3 |
$154.0
|
$0.6
|
$1.5
|
$11.4
|
| Arrow Capital |
$118.6
|
0.0% | 5 |
$3.3
|
$3.6
|
$10.5
|
$11.5
|
| Accelerate |
$90.3
|
0.0% | 5 |
-$0.6
|
$1.3
|
$5.4
|
$6.3
|
| Lysander |
$87.9
|
0.0% | 3 |
-$2.2
|
-$1.6
|
-$1.0
|
-$1.5
|
| Russell |
$86.1
|
0.0% | 4 |
$2.4
|
$2.4
|
$10.5
|
$8.2
|
| LongPoint |
$53.1
|
0.0% | 6 |
$53.1
|
$2.2
|
$53.1
|
$23.8
|
| Starlight |
$21.9
|
0.0% | 3 |
$3.1
|
$3.3
|
$5.0
|
$4.7
|
| Tralucent |
$20.6
|
0.0% | 1 |
$20.6
|
$0.1
|
$0.8
|
$2.3
|
| Corton |
$19.9
|
0.0% | 1 |
$19.9
|
-$4.0
|
-$3.4
|
-$28.2
|
| Forstrong |
$16.1
|
0.0% | 4 |
$16.1
|
$4.4
|
$2.2
|
$1.7
|
| Quadravest |
$9.5
|
0.0% | 1 |
$9.5
|
$-
|
-$11.7
|
-$11.9
|
| Caldwell |
$4.8
|
0.0% | 1 |
-$0.4
|
$-
|
-$0.6
|
$-
|
Equity Flows
Equity style and geography
Month Over Month
Year Over Year
Fixed Income Flows
Credit and Term
Month Over Month
Year Over Year
Industry Rankings
Top BMO Funds (Month)| Fund | Ticker | AUM [$M] | Flows |
|---|---|---|---|
| BMO Equal Weight Banks Index ETF | ZEB | 5309.34 | 1185.7 |
| BMO Short Corporate Bond Index ETF | ZCS | 3603.32 | 770.0 |
| BMO Aggregate Bond Index ETF | ZAG | 10847.19 | 766.9 |
| BMO Money Market ETF | ZMMK | 4262.33 | 686.1 |
| BMO Core Plus Bond ETF | ZCPB | 2101.21 | 324.3 |
| BMO MSCI EAFE Index ETF | ZEA | 9135.28 | 304.2 |
| BMO Ultra Short-Term Bond ETF | ZST | 3918.41 | 253.6 |
| BMO S&P 500 Hedged to CAD Index ETF | ZUE | 3198.67 | 131.1 |
| BMO Long Federal Bond Index ETF | ZFL | 3944.08 | 125.5 |
| BMO USD Cash Management ETF (USD Units) | ZUCM.U | 188.65 | 110.8 |
Industry Rankings
Top BMO Funds (Year)| Fund | Ticker | AUM [$M] | Flows |
|---|---|---|---|
| BMO Aggregate Bond ETF | ZAG | 10847.19 | 3841.1 |
| BMO Money Market Fund ETF Series | ZMMK | 4262.33 | 3127.3 |
| BMO Ultra Short-Term Bond ETF | ZST | 3918.41 | 2642.8 |
| BMO Equal Weight Banks ETF | ZEB | 5309.34 | 2154.1 |
| BMO Short Corporate Bond ETF | ZCS | 3603.32 | 1998.3 |
| BMO S&P 500 ETF (CAD) | ZSP | 16950.03 | 1644.7 |
| BMO S&P/TSX Capped Composite ETF | ZCN | 9842.35 | 1422.4 |
| BMO Global Equity Active ETF | BGEQ | 1001.17 | 1063.2 |
| BMO MSCI EAFE ETF | ZEA | 9135.28 | 808.5 |
| BMO Core Plus Bond ETF | ZCPB | 2101.21 | 773.6 |