— As of January 31, 2025 —
In January, the Canadian ETF industry reported AUM of $597 billion. Key inflow categories for the month were U.S. Equity, Global Equity and International Equity. BMO reported AUM at $133 billion, and the top three selling ETFs were the BMO S&P/TSX Capped Composite Index ETF (ticker: ZCN), the BMO MSCI EAFE High Quality Index ETF (ticker: ZIQ) and the BMO Core Plus Bond Fund (ticker: ZCPB).*
*Industry figures reported inclusive of ETF of ETFs.
Industry Rankings
AUM is total AUM of all listed ETFs. As such it may include positions held in other investment products, including ETFs.| Provider | AUM [$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 |
$161,740.5
|
27.1% | 235 |
$7,533.7
|
$2,887.6
|
$7,533.7
|
$2,887.6
|
| BMO |
$133,273.9
|
22.3% | 195 |
$3,870.0
|
$422.1
|
$3,870.0
|
$422.1
|
| Vanguard |
$97,484.8
|
16.3% | 38 |
$5,498.6
|
$2,308.9
|
$5,498.6
|
$2,308.9
|
| Global X |
$40,194.8
|
6.7% | 134 |
$1,514.9
|
$774.9
|
$1,514.9
|
$774.9
|
| CI GAM |
$23,222.4
|
3.9% | 133 |
$539.1
|
$252.7
|
$539.1
|
$252.7
|
| TD |
$20,604.4
|
3.5% | 53 |
$1,071.0
|
$491.4
|
$1,071.0
|
$491.4
|
| Fidelity |
$18,305.7
|
3.1% | 51 |
$1,893.1
|
$1,226.3
|
$1,893.1
|
$1,226.3
|
| Mackenzie |
$16,336.1
|
2.7% | 53 |
$889.4
|
-$59.7
|
$889.4
|
-$59.7
|
| Purpose |
$13,087.6
|
2.2% | 74 |
$672.8
|
$188.3
|
$672.8
|
$188.3
|
| National Bank |
$12,765.8
|
2.1% | 15 |
$345.4
|
$86.8
|
$345.4
|
$86.8
|
| Invesco |
$8,416.3
|
1.4% | 67 |
$450.3
|
$437.6
|
$450.3
|
$437.6
|
| Hamilton |
$7,356.7
|
1.2% | 29 |
$487.9
|
$289.4
|
$487.9
|
$289.4
|
| Harvest |
$5,510.7
|
0.9% | 57 |
$392.9
|
$260.2
|
$392.9
|
$260.2
|
| Desjardins |
$4,931.0
|
0.8% | 24 |
$407.9
|
$264.4
|
$407.9
|
$264.4
|
| CIBC |
$4,596.9
|
0.8% | 34 |
$248.0
|
$171.4
|
$248.0
|
$171.4
|
| Evolve |
$4,560.9
|
0.8% | 56 |
$313.8
|
$216.0
|
$313.8
|
$216.0
|
| Dynamic |
$4,093.4
|
0.7% | 34 |
$252.9
|
$154.2
|
$252.9
|
$154.2
|
| Manulife |
$3,959.4
|
0.7% | 34 |
$81.7
|
-$26.2
|
$81.7
|
-$26.2
|
| PIMCO |
$3,395.3
|
0.6% | 8 |
$160.4
|
$131.4
|
$160.4
|
$131.4
|
| Scotia |
$3,378.0
|
0.6% | 9 |
$216.9
|
$102.9
|
$216.9
|
$102.9
|
| Templeton |
$2,025.8
|
0.3% | 25 |
$91.0
|
$44.3
|
$91.0
|
$44.3
|
| Brompton |
$1,273.9
|
0.2% | 18 |
$88.8
|
$58.2
|
$88.8
|
$58.2
|
| Picton |
$1,192.3
|
0.2% | 9 |
$87.0
|
$81.5
|
$87.0
|
$81.5
|
| AGF |
$1,013.5
|
0.2% | 12 |
$48.6
|
$33.3
|
$48.6
|
$33.3
|
| First Trust |
$635.9
|
0.1% | 30 |
$60.0
|
$37.0
|
$60.0
|
$37.0
|
| Guardian |
$594.8
|
0.1% | 22 |
$27.1
|
$19.4
|
$27.1
|
$19.4
|
| middlefield |
$548.0
|
0.1% | 6 |
$8.7
|
-$6.3
|
$8.7
|
-$6.3
|
| 3iQ |
$487.8
|
0.1% | 2 |
$487.8
|
-$5.9
|
$26.5
|
-$5.9
|
| Ninepoint |
$457.1
|
0.1% | 8 |
$457.1
|
-$22.7
|
-$31.1
|
-$22.7
|
| Capital Group |
$289.4
|
0.0% | 4 |
$289.4
|
$6.1
|
$289.4
|
$6.1
|
| Bristol Gate |
$248.3
|
0.0% | 3 |
$53.7
|
$43.8
|
$53.7
|
$43.8
|
| JPMorgan |
$163.0
|
0.0% | 2 |
$163.0
|
$36.4
|
$163.0
|
$36.4
|
| IA Clarington |
$161.9
|
0.0% | 8 |
$10.5
|
$7.5
|
$10.5
|
$7.5
|
| Mulvihill |
$157.2
|
0.0% | 3 |
$157.2
|
$2.2
|
$4.7
|
$2.2
|
| Arrow Capital |
$114.3
|
0.0% | 5 |
$6.3
|
$6.6
|
$6.3
|
$6.6
|
| Lysander |
$89.8
|
0.0% | 3 |
$0.9
|
$0.0
|
$0.9
|
$0.0
|
| Accelerate |
$87.8
|
0.0% | 5 |
$2.9
|
$1.4
|
$2.9
|
$1.4
|
| Russell |
$80.2
|
0.0% | 4 |
$4.6
|
$2.9
|
$4.6
|
$2.9
|
| LongPoint |
$28.6
|
0.0% | 5 |
$28.6
|
$0.2
|
$28.6
|
$0.2
|
| Corton |
$23.7
|
0.0% | 1 |
$23.7
|
$0.4
|
$0.3
|
$0.4
|
| Tralucent |
$21.4
|
0.0% | 1 |
$21.4
|
$1.1
|
$1.6
|
$1.1
|
| Starlight |
$18.8
|
0.0% | 3 |
$1.9
|
$1.6
|
$1.9
|
$1.6
|
| Forstrong |
$14.3
|
0.0% | 5 |
$14.3
|
$-
|
$0.5
|
$-
|
| Quadravest |
$9.6
|
0.0% | 1 |
$9.6
|
-$11.9
|
-$11.6
|
-$11.9
|
| Caldwell |
$5.5
|
0.0% | 1 |
$0.1
|
$-
|
$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/TSX Capped Composite Index ETF | ZCN | 10028.50 | 309.3 |
| BMO MSCI EAFE High Quality ETF | ZIQ | 215.48 | 201.5 |
| BMO Core Plus Bond ETF | ZCPB | 1654.51 | 188.7 |
| BMO Short Corporate Bond Index ETF | ZCS | 2869.37 | 163.7 |
| BMO S&P 500 Index ETF | ZSP | 19854.76 | 113.0 |
| BMO S&P 500 Hedged to CAD Index ETF | ZUE | 3254.55 | 110.8 |
| BMO NASDAQ 100 Equity ETF | ZNQ | 1451.90 | 109.1 |
| BMO MSCI EAFE Index ETF | ZEA | 9008.32 | 92.4 |
| BMO S&P US Small Cap ETF | ZSML | 277.13 | 76.4 |
| BMO Low Volatility U.S. Equity ETF | ZLU | 2048.68 | 75.2 |
Industry Rankings
Top BMO Funds (Year)| Fund | Ticker | AUM [$M] | Flows |
|---|---|---|---|
| BMO S&P 500 ETF (CAD) | ZSP | 19854.76 | 2947.3 |
| BMO Aggregate Bond ETF | ZAG | 9837.61 | 2759.5 |
| BMO Ultra Short-Term Bond ETF | ZST | 3409.70 | 2267.4 |
| BMO Money Market Fund ETF Series | ZMMK | 3244.75 | 2265.0 |
| BMO Short Corporate Bond ETF | ZCS | 2869.37 | 1307.7 |
| BMO MSCI EAFE ETF | ZEA | 9008.32 | 1224.0 |
| BMO S&P/TSX Capped Composite ETF | ZCN | 10028.50 | 1091.8 |
| BMO Mid Corporate Bond ETF | ZCM | 1490.55 | 930.8 |
| BMO NASDAQ 100 Equity ETF | ZNQ | 1451.90 | 647.5 |
| BMO S&P 500 Hedged to CAD ETF | ZUE | 3254.55 | 636.0 |