— As of March 31, 2026 —
In March, the Canadian ETF industry reported AUM of $873 billion. Key inflow categories for the month were U.S. Equity, International Equity and Canadian Equity. BMO reported AUM at $170.3 billion, and the top three selling ETFs were the BMO Equal Weight Banks Index ETF (ticker: ZEB), the BMO S&P/TSX Capped Composite Index ETF (ticker: ZCN) and the BMO US Aggregate Bond Index ETF (Hedged Units) (ticker: ZUAG.F).*
*Industry figures reported inclusive of ETF of ETFs.
Industry Rankings
AUM is total AUM of all listed ETFs. As such it may include positions held in other investment products, including ETFs.| Provider | AUM [$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 |
$241,297.7
|
27.6% | 236 |
-$3,950.7
|
$6,851.5
|
$24,805.5
|
$22,774.6
|
| BMO |
$170,261.7
|
19.5% | 251 |
-$4,626.2
|
$1,560.7
|
$5,008.6
|
$4,878.7
|
| Vanguard |
$141,949.9
|
16.3% | 39 |
-$2,010.7
|
$3,992.7
|
$11,673.5
|
$12,315.5
|
| Global X |
$51,877.1
|
5.9% | 154 |
$275.3
|
$1,929.5
|
$3,617.3
|
$3,598.6
|
| Fidelity |
$50,686.4
|
5.8% | 59 |
$461.6
|
$2,557.9
|
$9,287.8
|
$9,352.7
|
| TD |
$35,728.4
|
4.1% | 52 |
$491.7
|
$1,991.6
|
$5,534.1
|
$5,809.9
|
| Mackenzie |
$26,185.0
|
3.0% | 63 |
-$344.9
|
$846.8
|
$2,067.5
|
$2,280.7
|
| CI GAM |
$23,449.3
|
2.7% | 148 |
-$764.8
|
$94.3
|
$534.8
|
$1,236.8
|
| Purpose |
$15,284.0
|
1.8% | 101 |
$124.9
|
$309.3
|
-$453.2
|
$371.7
|
| Hamilton |
$14,118.3
|
1.6% | 36 |
-$132.7
|
$449.4
|
$1,760.0
|
$1,974.2
|
| National Bank |
$13,601.3
|
1.6% | 38 |
-$319.0
|
$79.6
|
-$12.5
|
$103.4
|
| Desjardins |
$12,475.6
|
1.4% | 27 |
-$13.8
|
$609.8
|
$1,719.6
|
$1,804.2
|
| Invesco |
$10,272.7
|
1.2% | 58 |
-$143.2
|
$232.7
|
$354.3
|
$442.4
|
| Harvest |
$10,228.7
|
1.2% | 94 |
$73.3
|
$573.0
|
$578.3
|
$1,680.3
|
| CIBC |
$9,959.9
|
1.1% | 53 |
-$111.2
|
$190.9
|
$664.7
|
$651.1
|
| Scotia |
$8,345.7
|
1.0% | 9 |
-$264.8
|
$57.1
|
$314.1
|
$442.5
|
| Manulife |
$6,717.3
|
0.8% | 43 |
$125.8
|
$436.1
|
$1,574.0
|
$1,419.4
|
| Evolve |
$6,013.8
|
0.7% | 74 |
$31.2
|
$162.7
|
$124.3
|
$411.3
|
| Dynamic |
$5,575.8
|
0.6% | 34 |
-$170.2
|
$36.2
|
$377.8
|
$455.3
|
| PIMCO |
$5,375.9
|
0.6% | 9 |
$34.0
|
$161.7
|
$534.2
|
$616.4
|
| Templeton |
$2,896.5
|
0.3% | 30 |
-$49.2
|
$78.8
|
$241.6
|
$244.3
|
| Brompton |
$1,758.1
|
0.2% | 26 |
-$20.3
|
$34.6
|
$19.3
|
$65.5
|
| Picton |
$1,741.5
|
0.2% | 10 |
-$44.3
|
-$19.7
|
$22.7
|
$39.6
|
| JPMorgan |
$920.4
|
0.1% | 8 |
$32.0
|
$57.9
|
$920.4
|
$326.1
|
| Ninepoint |
$905.5
|
0.1% | 22 |
$122.7
|
$70.7
|
$271.1
|
$156.7
|
| First Trust |
$748.0
|
0.1% | 32 |
-$16.9
|
$4.1
|
$6.1
|
$19.8
|
| Capital Group |
$721.6
|
0.1% | 4 |
$46.4
|
$77.7
|
$721.6
|
$157.8
|
| AGF |
$712.6
|
0.1% | 11 |
$3.9
|
$20.5
|
$50.4
|
$51.0
|
| Guardian |
$596.6
|
0.1% | 19 |
-$112.0
|
-$50.2
|
-$112.8
|
-$53.0
|
| middlefield |
$555.2
|
0.1% | 9 |
-$27.0
|
$2.8
|
$47.8
|
$49.9
|
| 3iQ |
$505.4
|
0.1% | 4 |
-$4.5
|
-$28.9
|
-$238.5
|
-$46.2
|
| IA Clarington |
$268.1
|
0.0% | 9 |
$0.5
|
$6.5
|
$38.8
|
$43.5
|
| LongPoint |
$258.4
|
0.0% | 45 |
-$14.0
|
$17.3
|
$258.4
|
$35.0
|
| Accelerate |
$211.9
|
0.0% | 7 |
$7.7
|
$8.8
|
$38.0
|
$46.4
|
| Mulvihill |
$182.0
|
0.0% | 3 |
-$5.4
|
$3.1
|
$11.2
|
$11.1
|
| Bristol Gate |
$131.8
|
0.0% | 3 |
-$12.1
|
-$4.9
|
-$19.2
|
-$14.8
|
| Lysander |
$127.8
|
0.0% | 4 |
$1.4
|
$2.7
|
$14.4
|
$14.9
|
| Arrow Capital |
$118.2
|
0.0% | 5 |
-$19.9
|
-$18.7
|
-$22.8
|
-$23.5
|
| Russell |
$108.3
|
0.0% | 9 |
-$12.5
|
-$10.1
|
$19.3
|
$13.6
|
| Sun Life |
$75.0
|
0.0% | 5 |
$8.7
|
$9.8
|
$75.0
|
$26.7
|
| Quadravest |
$44.4
|
0.0% | 1 |
$0.1
|
$0.1
|
$0.8
|
$35.2
|
| Rocklinc |
$39.2
|
0.0% | 1 |
-$2.0
|
$1.1
|
$39.2
|
$4.6
|
| Tralucent |
$29.9
|
0.0% | 1 |
$1.0
|
$1.6
|
$0.7
|
$3.7
|
| Forstrong |
$21.5
|
0.0% | 3 |
-$0.6
|
$-
|
$1.7
|
$1.8
|
| Starlight |
$19.8
|
0.0% | 5 |
-$0.8
|
$-
|
-$0.6
|
-$0.9
|
| Corton |
$14.9
|
0.0% | 1 |
-$1.5
|
-$1.5
|
-$4.0
|
-$4.0
|
| Caldwell |
$5.6
|
0.0% | 1 |
-$0.3
|
$-
|
-$0.2
|
-$0.4
|
| True Exposure |
$4.9
|
0.0% | 1 |
-$0.0
|
$0.2
|
$4.9
|
$1.4
|
| Capstone |
$2.0
|
0.0% | 2 |
-$0.1
|
$-
|
$2.0
|
$-
|
| Lightwater |
$1.0
|
0.0% | 0 |
$1.0
|
$1.0
|
$1.0
|
$1.0
|
Equity Flows
Equity style and geography
Month Over Month
Year Over Year
Fixed Income Flows
Credit and Term
Month Over Month
Year Over Year
Industry Rankings
Top BMO Funds (Month)| Fund | Ticker | AUM [$M] | Flows |
|---|---|---|---|
| BMO Equal Weight Banks Index ETF | ZEB | 5160.03 | 421.9 |
| BMO S&P/TSX Capped Composite Index ETF | ZCN | 15037.59 | 323.6 |
| BMO US Aggregate Bond ETF Hedged Units | ZUAG.F | 1657.69 | 298.9 |
| BMO MSCI EAFE Index ETF | ZEA | 11831.10 | 222.0 |
| BMO Ultra Short-term Bond ETF | ZST.L | 725.01 | 193.5 |
| BMO Short Federal Bond Index ETF | ZFS | 806.38 | 168.6 |
| BMO MSCI Emerging Markets Index ETF | ZEM | 2812.99 | 125.3 |
| BMO AAA CLO ETF Hedged | ZAAA.F | 251.63 | 66.6 |
| BMO All-Equity ETF | ZEQT | 622.70 | 62.8 |
| BMO MSCI USA High Quality ETF Hedged | ZUQ.F | 160.63 | 58.4 |
Industry Rankings
Top BMO Funds (Year)| Fund | Ticker | AUM [$M] | Flows |
|---|---|---|---|
| BMO S&P/TSX Capped Composite ETF | ZCN | 15037.59 | 1960.8 |
| BMO Corporate Bond ETF | ZCB | 1819.16 | 1701.4 |
| BMO S&P 500 ETF (CAD) | ZSP | 20549.52 | 1448.9 |
| BMO Aggregate Bond ETF | ZAG | 11898.82 | 1367.6 |
| BMO Global Equity Active ETF | BGEQ | 2458.46 | 1311.5 |
| BMO Money Market Fund ETF Series | ZMMK | 5527.05 | 1270.3 |
| BMO MSCI Emerging Markets ETF | ZEM | 2812.99 | 1190.6 |
| BMO MSCI EAFE ETF | ZEA | 11831.10 | 1188.3 |
| BMO US Aggregate Bond ETF Hedged Units | ZUAG.F | 1657.69 | 1187.8 |
| BMO Broad Commodity ETF | ZCOM | 1059.82 | 905.9 |