— As of July 31, 2025 —
In July, the Canadian ETF industry reported AUM of $681.0 billion. Key inflow categories for the month were Global Equity, U.S. Equity, and Canadian Equity. BMO reported AUM at $147.0 billion, and the top three selling ETFs were the BMO Global Equity Fund Active ETF Series (ticker: BGEQ), the BMO Equal Weight Banks Index ETF (ticker: ZEB) and the BMO S&P/TSX Capped Composite Index ETF (ticker: ZCN).*
*Industry figures reported inclusive of ETF of ETFs.
Industry Rankings
AUM is total AUM of all listed ETFs. As such it may include positions held in other investment products, including ETFs.| Provider | AUM [$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 |
$181,785.5
|
26.7% | 246 |
$5,117.4
|
$2,560.3
|
$27,578.6
|
$16,386.6
|
| BMO |
$147,002.4
|
21.6% | 219 |
$3,921.4
|
$2,455.3
|
$17,598.5
|
$12,144.7
|
| Vanguard |
$109,702.3
|
16.1% | 38 |
$4,034.6
|
$1,701.2
|
$17,716.1
|
$11,994.2
|
| Global X |
$43,568.3
|
6.4% | 147 |
$1,055.9
|
$401.5
|
$4,888.4
|
$3,426.1
|
| Fidelity |
$28,524.7
|
4.2% | 52 |
$2,443.4
|
$1,951.1
|
$12,112.1
|
$10,616.5
|
| TD |
$24,666.5
|
3.6% | 54 |
$1,157.9
|
$751.0
|
$5,133.1
|
$4,056.5
|
| CI GAM |
$23,345.8
|
3.4% | 132 |
$646.4
|
-$46.5
|
$662.5
|
-$567.6
|
| Mackenzie |
$19,170.3
|
2.8% | 53 |
$441.9
|
$233.6
|
$3,723.7
|
$2,964.9
|
| Purpose |
$14,840.2
|
2.2% | 90 |
$677.4
|
$190.3
|
$2,425.5
|
$1,716.3
|
| National Bank |
$13,224.6
|
1.9% | 18 |
$102.4
|
$137.2
|
$804.2
|
$417.4
|
| Invesco |
$9,291.0
|
1.4% | 68 |
$293.9
|
$135.4
|
$1,325.1
|
$986.0
|
| Hamilton |
$9,226.1
|
1.4% | 34 |
$541.5
|
$441.7
|
$2,357.2
|
$2,137.3
|
| Desjardins |
$7,692.5
|
1.1% | 26 |
$472.3
|
$380.7
|
$3,169.4
|
$2,850.3
|
| Harvest |
$7,643.2
|
1.1% | 69 |
$569.6
|
$526.8
|
$2,525.5
|
$2,550.6
|
| CIBC |
$7,532.6
|
1.1% | 38 |
$181.9
|
$143.8
|
$3,183.6
|
$3,078.3
|
| Scotia |
$5,553.1
|
0.8% | 9 |
$194.3
|
$93.2
|
$2,392.0
|
$2,191.4
|
| Evolve |
$4,942.3
|
0.7% | 68 |
$255.2
|
$154.7
|
$695.2
|
$591.9
|
| Dynamic |
$4,458.5
|
0.7% | 32 |
$60.2
|
-$19.2
|
$618.0
|
$397.5
|
| Manulife |
$4,232.4
|
0.6% | 38 |
$158.2
|
$112.5
|
$354.8
|
$68.7
|
| PIMCO |
$3,908.0
|
0.6% | 8 |
$101.9
|
$110.4
|
$673.1
|
$625.6
|
| Templeton |
$2,298.5
|
0.3% | 28 |
$27.7
|
$6.8
|
$363.7
|
$276.6
|
| Picton |
$1,536.9
|
0.2% | 9 |
$56.9
|
$52.2
|
$431.6
|
$398.9
|
| Brompton |
$1,485.1
|
0.2% | 21 |
$50.3
|
$50.1
|
$300.0
|
$278.4
|
| 3iQ |
$834.0
|
0.1% | 4 |
$834.0
|
$97.0
|
$372.7
|
$325.5
|
| First Trust |
$680.1
|
0.1% | 31 |
$15.8
|
$7.2
|
$104.2
|
$73.2
|
| Guardian |
$657.7
|
0.1% | 24 |
$22.0
|
$22.9
|
$90.0
|
$94.7
|
| AGF |
$604.5
|
0.1% | 9 |
-$16.7
|
$4.7
|
-$360.5
|
-$336.5
|
| middlefield |
$500.2
|
0.1% | 6 |
-$1.1
|
-$1.4
|
-$39.1
|
-$24.8
|
| Ninepoint |
$478.6
|
0.1% | 11 |
$478.6
|
$17.6
|
-$9.6
|
-$25.4
|
| Capital Group |
$445.0
|
0.1% | 4 |
$445.0
|
$22.4
|
$445.0
|
$150.9
|
| JPMorgan |
$355.6
|
0.1% | 6 |
$355.6
|
$40.7
|
$355.6
|
$267.6
|
| IA Clarington |
$193.4
|
0.0% | 9 |
$52.2
|
$51.4
|
$42.1
|
$42.0
|
| LongPoint |
$191.8
|
0.0% | 26 |
$191.8
|
$19.4
|
$191.8
|
$159.8
|
| Bristol Gate |
$179.9
|
0.0% | 3 |
-$3.3
|
-$2.4
|
-$14.7
|
-$12.5
|
| Mulvihill |
$141.0
|
0.0% | 3 |
$141.0
|
$1.4
|
-$11.5
|
-$16.7
|
| Arrow Capital |
$133.2
|
0.0% | 5 |
$3.5
|
$3.4
|
$25.2
|
$24.8
|
| Accelerate |
$111.3
|
0.0% | 6 |
$22.4
|
$22.5
|
$26.4
|
$25.0
|
| Russell |
$104.7
|
0.0% | 4 |
$7.1
|
$6.7
|
$29.1
|
$26.4
|
| Lysander |
$92.9
|
0.0% | 3 |
$1.9
|
$0.5
|
$4.0
|
$1.0
|
| Corton |
$26.9
|
0.0% | 1 |
$26.9
|
$0.3
|
$3.6
|
-$21.2
|
| Tralucent |
$25.0
|
0.0% | 1 |
$25.0
|
$0.1
|
$5.2
|
$3.9
|
| Starlight |
$22.6
|
0.0% | 5 |
$0.4
|
$0.3
|
$5.7
|
$5.0
|
| Forstrong |
$18.3
|
0.0% | 3 |
$18.3
|
$0.6
|
$4.4
|
$3.9
|
| Quadravest |
$9.5
|
0.0% | 1 |
$9.5
|
$-
|
-$11.7
|
-$11.9
|
| Caldwell |
$5.3
|
0.0% | 1 |
$0.3
|
$-
|
-$0.1
|
$0.4
|
Equity Flows
Equity style and geography
Month Over Month
Year Over Year
Fixed Income Flows
Credit and Term
Month Over Month
Year Over Year
Industry Rankings
Top BMO Funds (Month)| Fund | Ticker | AUM [$M] | Flows |
|---|---|---|---|
| BMO S&P 500 Index ETF | ZSP | 19094.16 | 193.2 |
| BMO S&P/TSX Capped Composite Index ETF | ZCN | 11125.25 | 289.7 |
| BMO Low Volatility Canadian Equity ETF | ZLB | 5140.84 | 114.9 |
| BMO Money Market ETF | ZMMK | 5043.03 | 97.2 |
| BMO Equal Weight Banks Index ETF | ZEB | 4829.52 | 792.5 |
| BMO Short Corporate Bond Index ETF | ZCS | 4418.07 | 116.1 |
| BMO S&P 500 Hedged to CAD Index ETF | ZUE | 3844.92 | 115.6 |
| BMO Long Federal Bond Index ETF | ZFL | 3559.51 | 94.9 |
| BMO Nasdaq 100 Equity Hedged to CAD Index ETF | ZQQ | 2504.69 | 87.1 |
| BMO Global Equity Active ETF | BGEQ | 2112.34 | 992.8 |
Industry Rankings
Top BMO Funds (Year)| Fund | Ticker | AUM [$M] | Flows |
|---|---|---|---|
| BMO S&P 500 ETF (CAD) | ZSP | 19094.16 | 847.0 |
| BMO S&P/TSX Capped Composite ETF | ZCN | 11125.25 | 1289.9 |
| BMO Aggregate Bond ETF | ZAG | 11054.66 | 1571.7 |
| BMO Money Market Fund ETF Series | ZMMK | 5043.03 | 2687.6 |
| BMO Equal Weight Banks ETF | ZEB | 4829.52 | 1007.6 |
| BMO Ultra Short-Term Bond ETF | ZST | 4562.83 | 2180.2 |
| BMO Short Corporate Bond ETF | ZCS | 4418.07 | 1618.8 |
| BMO S&P 500 Hedged to CAD ETF | ZUE | 3844.92 | 837.4 |
| BMO Core Plus Bond ETF | ZCPB | 2143.32 | 852.9 |
| BMO Global Equity Active ETF | BGEQ | 2112.34 | 2062.9 |