— As of February 28, 2026 —
In February, the Canadian ETF industry reported AUM of $884 billion. Key inflow categories for the month were International Equity, U.S. Equity and Canadian Equity. BMO reported AUM at $175 billion, and the top three selling ETFs were the BMO S&P/TSX Capped Composite Index ETF (ticker: ZCN), the BMO MSCI Emerging Markets Index ETF (ticker: ZEM) and the BMO Short Federal Bond Index ETF (ticker: ZFS).*
*Industry figures reported inclusive of ETF of ETFs.
Industry Rankings
AUM is total AUM of all listed ETFs. As such it may include positions held in other investment products, including ETFs.| Provider | AUM [$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 |
$245,248.4
|
27.7% | 236 |
$15,762.1
|
$7,106.8
|
$28,756.2
|
$15,923.0
|
| BMO |
$174,888.0
|
19.8% | 244 |
$5,374.6
|
$987.9
|
$9,634.8
|
$3,318.0
|
| Vanguard |
$143,960.6
|
16.3% | 38 |
$7,437.8
|
$4,019.0
|
$13,684.2
|
$8,322.7
|
| Global X |
$51,601.8
|
5.8% | 153 |
$1,818.7
|
$558.5
|
$3,342.0
|
$1,669.1
|
| Fidelity |
$50,224.8
|
5.7% | 59 |
$5,040.2
|
$3,711.4
|
$8,826.1
|
$6,794.8
|
| TD |
$35,236.6
|
4.0% | 52 |
$2,870.6
|
$1,975.6
|
$5,042.4
|
$3,818.3
|
| Mackenzie |
$26,529.9
|
3.0% | 63 |
$1,500.6
|
$785.9
|
$2,412.4
|
$1,434.0
|
| CI GAM |
$24,214.0
|
2.7% | 148 |
$862.6
|
$770.0
|
$1,299.6
|
$1,142.5
|
| Purpose |
$15,159.1
|
1.7% | 101 |
-$610.7
|
$89.4
|
-$578.1
|
$62.4
|
| Hamilton |
$14,251.0
|
1.6% | 36 |
$901.1
|
$463.4
|
$1,892.6
|
$1,524.8
|
| National Bank |
$13,920.3
|
1.6% | 38 |
$470.1
|
$186.4
|
$306.5
|
$23.9
|
| Desjardins |
$12,489.4
|
1.4% | 27 |
$1,068.2
|
$709.5
|
$1,733.4
|
$1,194.4
|
| Invesco |
$10,415.8
|
1.2% | 58 |
$239.6
|
$82.8
|
$497.5
|
$209.7
|
| Harvest |
$10,155.4
|
1.1% | 94 |
$102.8
|
$436.5
|
$505.0
|
$1,107.3
|
| CIBC |
$10,071.1
|
1.1% | 50 |
$552.2
|
$323.9
|
$775.9
|
$482.0
|
| Scotia |
$8,610.5
|
1.0% | 9 |
$259.3
|
$121.6
|
$578.9
|
$385.4
|
| Manulife |
$6,591.5
|
0.7% | 42 |
$764.9
|
$448.0
|
$1,448.2
|
$983.2
|
| Evolve |
$5,982.6
|
0.7% | 73 |
$11.7
|
$100.2
|
$93.1
|
$248.6
|
| Dynamic |
$5,746.0
|
0.6% | 33 |
$228.8
|
$135.2
|
$548.1
|
$419.1
|
| PIMCO |
$5,341.9
|
0.6% | 9 |
$281.1
|
$245.9
|
$500.2
|
$454.7
|
| Templeton |
$2,945.7
|
0.3% | 30 |
$171.3
|
$85.3
|
$290.7
|
$165.5
|
| Picton |
$1,785.9
|
0.2% | 10 |
$45.6
|
$39.5
|
$67.0
|
$59.3
|
| Brompton |
$1,778.4
|
0.2% | 24 |
$28.2
|
$19.0
|
$39.6
|
$30.9
|
| JPMorgan |
$888.4
|
0.1% | 8 |
$141.8
|
$137.6
|
$888.4
|
$268.1
|
| Ninepoint |
$782.8
|
0.1% | 22 |
$82.6
|
$49.9
|
$148.4
|
$86.0
|
| First Trust |
$764.9
|
0.1% | 32 |
$17.9
|
$12.6
|
$23.0
|
$15.7
|
| AGF |
$708.7
|
0.1% | 11 |
$24.6
|
$13.8
|
$46.6
|
$30.5
|
| Guardian |
$708.6
|
0.1% | 23 |
-$1.4
|
-$6.5
|
-$0.8
|
-$2.9
|
| Capital Group |
$675.2
|
0.1% | 4 |
$49.1
|
$41.7
|
$675.2
|
$80.1
|
| middlefield |
$582.2
|
0.1% | 7 |
$64.5
|
$47.2
|
$74.9
|
$47.1
|
| 3iQ |
$509.9
|
0.1% | 4 |
-$177.4
|
-$4.9
|
-$234.0
|
-$17.3
|
| LongPoint |
$272.3
|
0.0% | 40 |
$20.0
|
$10.6
|
$272.3
|
$17.7
|
| IA Clarington |
$267.5
|
0.0% | 9 |
$40.4
|
$39.1
|
$38.2
|
$36.9
|
| Accelerate |
$204.2
|
0.0% | 7 |
$22.1
|
$26.5
|
$30.3
|
$37.6
|
| Mulvihill |
$187.4
|
0.0% | 3 |
$14.5
|
$5.0
|
$16.6
|
$8.1
|
| Bristol Gate |
$143.8
|
0.0% | 3 |
-$4.5
|
-$7.5
|
-$7.1
|
-$9.9
|
| Arrow Capital |
$138.1
|
0.0% | 5 |
-$0.8
|
-$1.6
|
-$2.8
|
-$4.8
|
| Lysander |
$126.4
|
0.0% | 4 |
$3.4
|
$2.9
|
$13.0
|
$12.2
|
| Russell |
$120.8
|
0.0% | 9 |
$27.9
|
$22.3
|
$31.8
|
$23.6
|
| Sun Life |
$66.3
|
0.0% | 5 |
$11.6
|
$11.0
|
$66.3
|
$16.9
|
| Quadravest |
$44.4
|
0.0% | 1 |
$1.1
|
$0.8
|
$0.7
|
$35.1
|
| Rocklinc |
$41.2
|
0.0% | 1 |
$3.8
|
$1.1
|
$41.2
|
$3.6
|
| Tralucent |
$28.9
|
0.0% | 1 |
$0.1
|
$1.0
|
-$0.3
|
$2.2
|
| Forstrong |
$22.1
|
0.0% | 3 |
$0.9
|
$0.6
|
$2.3
|
$1.8
|
| Starlight |
$20.7
|
0.0% | 5 |
$1.0
|
$0.2
|
$0.3
|
-$0.9
|
| Corton |
$16.4
|
0.0% | 1 |
-$0.8
|
-$0.8
|
-$2.5
|
-$2.5
|
| Caldwell |
$5.9
|
0.0% | 1 |
$0.4
|
$-
|
$0.1
|
-$0.4
|
| True Exposure |
$4.9
|
0.0% | 1 |
$1.5
|
$1.2
|
$4.9
|
$1.2
|
| Capstone |
$2.1
|
0.0% | 2 |
$0.0
|
$-
|
$2.1
|
$-
|
| WisdomTree |
$-
|
0.0% | 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/TSX Capped Composite Index ETF | ZCN | 15469.40 | 395.2 |
| BMO MSCI Emerging Markets Index ETF | ZEM | 2961.84 | 324.0 |
| BMO Short Federal Bond Index ETF | ZFS | 646.08 | 271.1 |
| BMO S&P 500 Index ETF | ZSP.u | 3514.95 | 224.9 |
| BMO Broad Commodity ETF | ZCOM | 990.77 | 144.2 |
| BMO S&P/TSX 60 Index ETF | ZIU | 255.61 | 127.3 |
| BMO MSCI EAFE Index ETF | ZEA | 12509.11 | 116.9 |
| BMO Long Short US Equity ETF | ZLSU | 186.02 | 106.8 |
| BMO Low Volatility Canadian Equity ETF | ZLB | 6139.39 | 105.6 |
| BMO Japan ETF | ZJPN | 637.76 | 83.3 |
Industry Rankings
Top BMO Funds (Year)| Fund | Ticker | AUM [$M] | Flows |
|---|---|---|---|
| BMO Aggregate Bond ETF | ZAG | 12312.92 | 2269.5 |
| BMO Money Market Fund ETF Series | ZMMK | 5552.39 | 1982.6 |
| BMO Corporate Bond ETF | ZCB | 1833.41 | 1662.4 |
| BMO S&P/TSX Capped Composite ETF | ZCN | 15469.40 | 1526.1 |
| BMO Short Corporate Bond ETF | ZCS | 4145.49 | 1281.3 |
| BMO Global Equity Active ETF | BGEQ | 2574.33 | 1276.5 |
| BMO MSCI EAFE ETF | ZEA | 12509.11 | 1270.4 |
| BMO MSCI Emerging Markets ETF | ZEM | 2961.84 | 1098.4 |
| BMO Low Volatility Canadian Equity ETF | ZLB | 6139.39 | 931.1 |
| BMO US Aggregate Bond ETF Hedged Units | ZUAG.F | 1392.45 | 889.7 |