ETF Flows

Essential data at your fingertips.

— As of April 30, 2025 —

In April, the Canadian ETF industry reported AUM of $604 billion. Key inflow categories for the month were International Equity, U.S. Equity and Global Equity. BMO reported AUM at $135 billion, and the top three selling ETFs were the BMO Money Market Fund ETF Series (ticker: ZMMK), the BMO Short Corporate Bond Index ETF (ticker: ZCS) and the BMO MSCI EAFE Index ETF (ticker: ZEA).*

*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
$162,539.0
26.9% 241
$100.0
$2,035.5
$8,332.2
$9,314.6
BMO
$135,462.1
22.4% 211
-$797.2
$1,449.0
$6,058.2
$8,308.9
Vanguard
$95,770.4
15.8% 38
$823.3
$2,735.3
$3,784.3
$7,540.7
Global X
$39,661.3
6.6% 143
-$494.9
$220.2
$981.3
$2,081.3
CI GAM
$21,552.9
3.6% 132
-$347.6
$171.0
-$1,130.5
$797.6
Fidelity
$21,278.5
3.5% 51
$906.4
$1,220.5
$4,866.0
$5,165.0
TD
$20,746.5
3.4% 54
-$720.5
-$336.3
$1,213.1
$2,086.2
Mackenzie
$17,055.9
2.8% 53
$54.0
-$271.0
$1,609.2
-$511.5
Purpose
$13,328.3
2.2% 83
$575.9
$271.2
$913.6
$1,368.2
National Bank
$12,588.0
2.1% 15
-$297.0
-$263.7
$167.6
$66.0
Invesco
$8,335.6
1.4% 68
-$27.3
$341.7
$369.7
$1,847.2
Hamilton
$7,550.9
1.2% 30
$182.2
$328.5
$682.1
$1,111.7
CIBC
$6,729.0
1.1% 34
$1,317.0
$1,397.1
$2,380.0
$2,478.0
Desjardins
$6,209.0
1.0% 25
$149.1
$247.1
$1,685.9
$1,801.9
Harvest
$5,981.7
1.0% 66
$180.9
$341.1
$863.9
$1,243.7
Evolve
$4,487.5
0.7% 66
$73.5
$110.9
$240.4
$410.7
Scotia
$4,092.3
0.7% 9
-$175.0
-$60.8
$931.3
$1,128.7
Manulife
$4,050.7
0.7% 34
$33.5
$84.0
$173.1
$121.6
Dynamic
$3,965.9
0.7% 34
-$248.2
-$172.8
$125.3
$267.5
PIMCO
$3,616.0
0.6% 8
-$2.9
$26.6
$381.1
$355.9
Templeton
$2,037.2
0.3% 25
-$25.2
-$4.2
$102.4
$118.3
Picton
$1,365.8
0.2% 9
$59.9
$51.7
$260.5
$254.8
Brompton
$1,295.9
0.2% 21
-$6.0
$11.2
$110.9
$138.1
Guardian
$613.5
0.1% 22
$22.7
$29.5
$45.8
$61.2
First Trust
$582.3
0.1% 30
-$32.9
-$23.7
$6.4
$34.2
AGF
$550.0
0.1% 9
-$398.6
-$385.5
-$415.0
-$431.5
3iQ
$498.0
0.1% 3
$498.0
$122.0
$36.8
$106.5
middlefield
$482.1
0.1% 6
-$18.0
-$1.6
-$57.2
-$22.8
Ninepoint
$413.7
0.1% 7
$413.7
$7.8
-$74.6
-$25.6
Capital Group
$360.1
0.1% 4
$360.1
$21.8
$360.1
$85.6
JPMorgan
$246.5
0.0% 4
$246.5
-$20.5
$246.5
$148.5
Bristol Gate
$224.6
0.0% 3
-$12.1
-$2.3
$30.0
$41.9
IA Clarington
$140.7
0.0% 8
-$41.4
-$38.9
-$10.7
-$6.1
Mulvihill
$133.4
0.0% 3
$133.4
-$20.7
-$19.1
-$9.4
Arrow Capital
$125.3
0.0% 5
$6.7
$7.2
$17.2
$18.6
Russell
$89.7
0.0% 4
$3.6
$5.1
$14.1
$13.3
Accelerate
$86.9
0.0% 5
-$3.5
-$3.5
$2.0
$2.7
Lysander
$86.1
0.0% 3
-$1.8
$-
-$2.8
-$1.5
LongPoint
$49.0
0.0% 6
$49.0
$3.0
$49.0
$26.8
Quadravest
$26.4
0.0% 1
$26.4
$-
$5.1
-$11.9
Starlight
$21.0
0.0% 5
-$0.9
-$0.2
$4.1
$4.5
Tralucent
$20.7
0.0% 1
$20.7
$0.8
$1.0
$3.1
Corton
$20.3
0.0% 1
$20.3
$0.5
-$3.1
-$27.7
Forstrong
$15.7
0.0% 3
$15.7
$-
$1.8
$1.7
Caldwell
$4.8
0.0% 1
-$0.0
$0.4
-$0.6
$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 Money Market ETF ZMMK 4744.48 485.0
BMO Short Corporate Bond Index ETF ZCS 4052.48 455.9
BMO MSCI EAFE Index ETF ZEA 9437.03 337.0
BMO Ultra Short-Term Bond ETF ZST 4125.97 208.1
BMO Low Volatility Canadian Equity ETF ZLB 4583.60 198.9
BMO S&P 500 Index ETF ZSP 16306.35 185.2
BMO Aggregate Bond Index ETF ZAG 10879.24 135.0
BMO S&P 500 Hedged to CAD Index ETF ZUE 3294.26 122.7
BMO US Equity Buffer Hdg to CAD ETF-Aprl ZAPR 98.88 65.0
BMO Gold Bullion Hedged to CAD ETF ZGLH 85.32 65.0

Industry Rankings

Top BMO Funds (Year)
Fund Ticker AUM [$M] Flows
BMO Aggregate Bond ETF ZAG 10879.24 3692.6
BMO Money Market Fund ETF Series ZMMK 4744.48 3537.5
BMO Short Corporate Bond ETF ZCS 4052.48 2452.1
BMO Ultra Short-Term Bond ETF ZST 4125.97 2439.2
BMO S&P 500 ETF (CAD) ZSP 16306.35 1511.3
BMO S&P/TSX Capped Composite ETF ZCN 9812.49 1329.1
BMO Global Equity Active ETF BGEQ 973.68 1064.2
BMO MSCI EAFE ETF ZEA 9437.03 1026.5
BMO Equal Weight Banks ETF ZEB 4780.72 809.9
BMO Core Plus Bond ETF ZCPB 2096.87 780.4