— As of May 31, 2025 —
In May, the Canadian ETF industry reported AUM of $637 billion. Key inflow categories for the month were U.S. Equity, Canadian Fixed Income and Canadian Equity. BMO reported AUM at $140.8 billion, and the top three selling ETFs were the BMO Aggregate Bond Index ETF (ticker: ZAG), the BMO MSCI EAFE Index ETF (ticker: ZEA) and the BMO Equal Weight US Banks Index ETF (ticker: ZBK).*
*Industry figures reported inclusive of ETF of ETFs.
Industry Rankings
AUM is total AUM of all listed ETFs. As such it may include positions held in other investment products, including ETFs.| Provider | AUM [$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 |
$171,452.6
|
26.9% | 245 |
$8,913.5
|
$2,728.7
|
$17,245.7
|
$12,043.3
|
| BMO |
$140,847.6
|
22.1% | 221 |
$5,385.4
|
$1,444.7
|
$11,443.7
|
$9,753.6
|
| Vanguard |
$101,446.9
|
15.9% | 38 |
$5,676.5
|
$1,381.8
|
$9,460.7
|
$8,922.4
|
| Global X |
$41,546.2
|
6.5% | 143 |
$1,884.9
|
$696.9
|
$2,866.2
|
$2,778.2
|
| Fidelity |
$23,724.7
|
3.7% | 52 |
$2,446.2
|
$1,601.0
|
$7,312.1
|
$6,766.0
|
| CI GAM |
$22,488.4
|
3.5% | 132 |
$935.6
|
$59.6
|
-$194.9
|
-$451.9
|
| TD |
$22,452.0
|
3.5% | 54 |
$1,705.5
|
$726.8
|
$2,918.6
|
$2,812.9
|
| Mackenzie |
$18,090.2
|
2.8% | 56 |
$1,034.4
|
$545.5
|
$2,643.6
|
$2,392.7
|
| Purpose |
$13,827.9
|
2.2% | 87 |
$499.6
|
$52.8
|
$1,413.2
|
$1,420.9
|
| National Bank |
$12,899.7
|
2.0% | 15 |
$311.7
|
$86.5
|
$479.2
|
$152.4
|
| Invesco |
$8,731.5
|
1.4% | 68 |
$395.8
|
$30.8
|
$765.6
|
$826.4
|
| Hamilton |
$8,176.8
|
1.3% | 30 |
$625.8
|
$281.1
|
$1,307.9
|
$1,392.8
|
| CIBC |
$7,048.1
|
1.1% | 38 |
$319.1
|
$205.0
|
$2,699.1
|
$2,683.0
|
| Desjardins |
$6,731.5
|
1.1% | 25 |
$522.6
|
$299.5
|
$2,208.4
|
$2,101.4
|
| Harvest |
$6,414.7
|
1.0% | 68 |
$433.0
|
$357.6
|
$1,296.9
|
$1,601.3
|
| Evolve |
$4,575.1
|
0.7% | 66 |
$87.6
|
-$22.0
|
$328.0
|
$388.7
|
| Scotia |
$4,540.7
|
0.7% | 9 |
$448.3
|
$274.5
|
$1,379.6
|
$1,403.2
|
| Dynamic |
$4,214.8
|
0.7% | 34 |
$248.9
|
$88.0
|
$374.2
|
$355.5
|
| Manulife |
$3,906.5
|
0.6% | 38 |
-$144.2
|
-$268.7
|
$28.9
|
-$147.2
|
| PIMCO |
$3,703.4
|
0.6% | 8 |
$87.4
|
$100.5
|
$468.5
|
$456.4
|
| Templeton |
$2,183.2
|
0.3% | 25 |
$146.0
|
$91.0
|
$248.4
|
$209.4
|
| Picton |
$1,426.2
|
0.2% | 9 |
$60.4
|
$44.5
|
$320.9
|
$299.2
|
| Brompton |
$1,371.7
|
0.2% | 21 |
$75.8
|
$50.6
|
$186.7
|
$188.7
|
| First Trust |
$643.5
|
0.1% | 30 |
$61.2
|
$30.9
|
$67.6
|
$65.1
|
| Guardian |
$621.2
|
0.1% | 22 |
$7.7
|
-$0.8
|
$53.5
|
$60.4
|
| 3iQ |
$606.4
|
0.1% | 3 |
$606.4
|
$35.2
|
$145.2
|
$141.7
|
| AGF |
$599.8
|
0.1% | 9 |
$49.8
|
$51.2
|
-$365.2
|
-$380.3
|
| middlefield |
$489.7
|
0.1% | 6 |
$7.6
|
-$2.9
|
-$49.6
|
-$25.7
|
| Ninepoint |
$444.3
|
0.1% | 7 |
$444.3
|
-$7.5
|
-$44.0
|
-$33.1
|
| Capital Group |
$389.4
|
0.1% | 4 |
$389.4
|
$21.1
|
$389.4
|
$106.7
|
| JPMorgan |
$266.6
|
0.0% | 4 |
$266.6
|
$16.4
|
$266.6
|
$165.0
|
| Bristol Gate |
$189.0
|
0.0% | 3 |
-$35.6
|
-$44.9
|
-$5.6
|
-$3.0
|
| Mulvihill |
$137.5
|
0.0% | 3 |
$137.5
|
-$4.6
|
-$14.9
|
-$14.0
|
| LongPoint |
$137.5
|
0.0% | 18 |
$137.5
|
$89.6
|
$137.5
|
$116.4
|
| IA Clarington |
$136.9
|
0.0% | 8 |
-$3.8
|
-$5.6
|
-$14.5
|
-$11.8
|
| Arrow Capital |
$127.8
|
0.0% | 5 |
$2.5
|
$1.1
|
$19.7
|
$19.7
|
| Russell |
$93.9
|
0.0% | 4 |
$4.1
|
$2.8
|
$18.2
|
$16.1
|
| Accelerate |
$89.8
|
0.0% | 6 |
$2.9
|
$0.7
|
$4.9
|
$3.4
|
| Lysander |
$88.7
|
0.0% | 3 |
$2.6
|
$1.0
|
-$0.2
|
-$0.5
|
| Tralucent |
$22.3
|
0.0% | 1 |
$22.3
|
$0.2
|
$2.6
|
$3.3
|
| Starlight |
$21.7
|
0.0% | 5 |
$0.7
|
$-
|
$4.8
|
$4.5
|
| Corton |
$19.9
|
0.0% | 1 |
$19.9
|
-$0.5
|
-$3.5
|
-$28.2
|
| Forstrong |
$16.4
|
0.0% | 3 |
$16.4
|
$0.5
|
$2.6
|
$2.3
|
| Quadravest |
$9.5
|
0.0% | 1 |
$9.5
|
$-
|
-$11.8
|
-$11.9
|
| Caldwell |
$4.9
|
0.0% | 1 |
$0.1
|
$-
|
-$0.5
|
$0.4
|
Equity Flows
Equity style and geography
Month Over Month
Year Over Year
Fixed Income Flows
Credit and Term
Month Over Month
Year Over Year
Industry Rankings
Top BMO Funds (Month)| Fund | Ticker | AUM [$M] | Flows |
|---|---|---|---|
| BMO Aggregate Bond Index ETF | ZAG | 11297.02 | 445.7 |
| BMO MSCI EAFE Index ETF | ZEA | 10140.01 | 300.8 |
| BMO Equal Weight US Banks Index ETF | ZBK | 912.86 | 207.1 |
| BMO Ultra Short-Term Bond ETF | ZST | 4321.33 | 194.4 |
| BMO Money Market ETF | ZMMK | 4934.31 | 190.0 |
| BMO Gold Bullion ETF (CAD Units) | ZGLD | 976.88 | 181.1 |
| BMO Short Corporate Bond Index ETF | ZCS | 4229.58 | 170.6 |
| BMO Low Volatility Canadian Equity ETF | ZLB | 4873.07 | 132.5 |
| BMO Government Bond Index ETF | ZGB | 1444.46 | 109.9 |
| BMO Long Federal Bond Index ETF | ZFL | 3559.36 | 99.9 |
Industry Rankings
Top BMO Funds (Year)| Fund | Ticker | AUM [$M] | Flows |
|---|---|---|---|
| BMO Aggregate Bond ETF | ZAG | 11297.02 | 3841.4 |
| BMO Money Market Fund ETF Series | ZMMK | 4934.31 | 3642.1 |
| BMO Short Corporate Bond ETF | ZCS | 4229.58 | 2616.1 |
| BMO Ultra Short-Term Bond ETF | ZST | 4321.33 | 2463.2 |
| BMO S&P 500 ETF (CAD) | ZSP | 17196.37 | 1409.3 |
| BMO MSCI EAFE ETF | ZEA | 10140.01 | 1308.1 |
| BMO S&P/TSX Capped Composite ETF | ZCN | 10381.37 | 1299.9 |
| BMO Global Equity Active ETF | BGEQ | 1023.97 | 1064.2 |
| BMO Core Plus Bond ETF | ZCPB | 2126.31 | 808.4 |
| BMO Gold Bullion ETF | ZGLD | 976.88 | 772.5 |