ETF Flows

Essential data at your fingertips.

— As of August 31, 2025 —

In August, the Canadian ETF industry reported AUM of $704.0 billion. Key inflow categories for the month were International Equity, U.S. Equity and Global Equity. BMO reported AUM at $149.9 billion, and the top three selling ETFs were the BMO MSCI EAFE Index ETF (ticker: ZEA), the BMO S&P 500 Index ETF (ticker: ZSP) 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
$188,298.8
26.8% 246
$6,513.3
$1,984.1
$34,091.9
$18,370.7
BMO
$149,911.9
21.3% 220
$2,902.0
$260.4
$20,508.0
$12,411.0
Vanguard
$113,825.8
16.2% 38
$4,123.5
$1,709.9
$21,839.6
$13,704.1
Global X
$44,337.2
6.3% 147
$796.2
$20.9
$5,683.8
$3,449.7
Fidelity
$30,667.6
4.4% 52
$2,142.9
$1,802.7
$14,255.0
$12,419.2
TD
$25,786.7
3.7% 54
$1,120.2
$671.0
$6,253.3
$4,727.5
CI GAM
$23,652.0
3.4% 143
$306.2
$40.8
$968.7
-$526.8
Mackenzie
$19,749.6
2.8% 55
$579.2
$261.7
$4,302.9
$3,226.7
Purpose
$14,964.5
2.1% 100
$124.3
$212.0
$2,549.8
$1,928.4
National Bank
$13,495.2
1.9% 18
$270.6
$228.5
$1,074.8
$645.9
Hamilton
$9,988.1
1.4% 34
$762.0
$292.3
$3,119.2
$2,429.6
Invesco
$9,368.8
1.3% 68
$77.8
-$56.5
$1,402.9
$929.5
Desjardins
$8,271.4
1.2% 27
$578.9
$432.7
$3,748.3
$3,283.0
Harvest
$8,182.9
1.2% 81
$539.6
$607.2
$3,065.1
$3,157.8
CIBC
$7,718.5
1.1% 43
$186.0
$15.5
$3,369.6
$3,093.8
Scotia
$5,870.2
0.8% 9
$317.1
$228.5
$2,709.1
$2,419.9
Evolve
$5,014.4
0.7% 68
$72.1
$48.4
$767.3
$640.3
Dynamic
$4,561.9
0.6% 33
$103.4
$91.4
$721.4
$489.0
Manulife
$4,415.4
0.6% 38
$183.0
$70.2
$537.8
$139.0
PIMCO
$4,075.1
0.6% 8
$167.1
$127.1
$840.2
$752.7
Templeton
$2,386.8
0.3% 30
$88.3
$45.3
$452.0
$321.8
Picton
$1,558.2
0.2% 9
$21.2
$13.1
$452.8
$412.1
Brompton
$1,551.4
0.2% 21
$66.3
$57.1
$366.4
$335.5
3iQ
$931.3
0.1% 4
$931.3
$132.0
$470.0
$457.5
First Trust
$697.3
0.1% 31
$17.2
$6.6
$121.4
$79.9
Guardian
$656.6
0.1% 24
-$1.0
-$2.7
$89.0
$92.0
AGF
$630.4
0.1% 9
$25.9
$26.0
-$334.6
-$310.5
middlefield
$506.0
0.1% 6
$5.8
-$2.3
-$33.3
-$27.1
Ninepoint
$499.0
0.1% 20
$499.0
$29.0
$10.8
$3.6
Capital Group
$463.3
0.1% 4
$463.3
$14.6
$463.3
$165.5
JPMorgan
$364.7
0.1% 6
$364.7
$10.0
$364.7
$277.6
Bristol Gate
$219.2
0.0% 3
$39.3
$39.9
$24.6
$27.4
LongPoint
$200.0
0.0% 28
$200.0
$6.9
$200.0
$166.7
IA Clarington
$199.2
0.0% 9
$5.8
$4.4
$47.9
$46.4
Mulvihill
$151.1
0.0% 3
$151.1
$0.9
-$1.4
-$15.8
Arrow Capital
$145.0
0.0% 5
$11.7
$11.0
$36.9
$35.8
Accelerate
$112.3
0.0% 6
$1.0
$1.4
$27.4
$26.4
Russell
$106.0
0.0% 4
$1.3
$0.7
$30.4
$27.1
Lysander
$93.5
0.0% 3
$0.6
$0.5
$4.6
$1.5
Corton
$28.8
0.0% 1
$28.8
$1.8
$5.4
-$19.5
Tralucent
$26.3
0.0% 1
$26.3
$1.3
$6.6
$5.2
Starlight
$22.8
0.0% 5
$0.2
$-
$5.9
$5.0
Forstrong
$18.6
0.0% 3
$18.6
$0.1
$4.8
$4.0
Quadravest
$9.5
0.0% 1
$9.5
$-
-$11.7
-$11.9
Caldwell
$5.2
0.0% 1
-$0.1
$-
-$0.2
$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 MSCI EAFE Index ETF ZEA 10598.43 639.9
BMO S&P 500 Index ETF ZSP 19523.45 217.4
BMO S&P/TSX Capped Composite Index ETF ZCN 11817.49 138.4
BMO Long Federal Bond Index ETF ZFL 3616.04 88.5
BMO Nasdaq 100 Equity Hedged to CAD Index ETF ZQQ 2603.31 80.3
BMO Equal Weight Utilities Index ETF ZUT 786.73 71.0
BMO Ultra Short-Term Bond ETF ZST 4631.65 65.9
BMO MSCI Emerging Markets Index ETF ZEM 1616.15 46.4
BMO Mid-Term U.S. IG Corporate Bond Index Hedged to CAD ETF ZMU 3181.19 31.9
BMO MSCI EAFE Hedged to CAD Index ETF ZDM 1278.40 30.6

Industry Rankings

Top BMO Funds (Year)
Fund Ticker AUM [$M] Flows
BMO Money Market Fund ETF Series ZMMK 4900.97 2448.2
BMO Global Equity Active ETF BGEQ 2152.10 2064.6
BMO Ultra Short-Term Bond ETF ZST 4631.65 1957.3
BMO S&P/TSX Capped Composite ETF ZCN 11817.49 1733.4
BMO Short Corporate Bond ETF ZCS 4396.64 1485.5
BMO Aggregate Bond ETF ZAG 11035.62 1067.8
BMO Equal Weight Banks ETF ZEB 4569.08 870.4
BMO Core Plus Bond ETF ZCPB 2161.85 867.6
BMO S&P 500 Hedged to CAD ETF ZUE 3941.81 832.6
BMO Long Federal Bond ETF ZFL 3616.04 771.4