— 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 500 Index ETF | ZSP | 21391.94 | -10.3 |
| BMO S&P/TSX Capped Composite Index ETF | ZCN | 15469.40 | 395.2 |
| BMO MSCI EAFE Index ETF | ZEA | 12509.11 | 116.9 |
| BMO Low Volatility Canadian Equity ETF | ZLB | 6139.39 | 105.6 |
| BMO MSCI Emerging Markets Index ETF | ZEM | 2961.84 | 324.0 |
| BMO Broad Commodity ETF | ZCOM | 990.77 | 144.2 |
| BMO Short Federal Bond Index ETF | ZFS | 646.08 | 271.1 |
| BMO Japan ETF | ZJPN | 637.76 | 83.3 |
| BMO S&P/TSX 60 Index ETF | ZIU | 255.61 | 127.3 |
| BMO Long Short US Equity ETF | ZLSU | 186.02 | 106.8 |
Industry Rankings
Top BMO Funds (Year)| Fund | Ticker | AUM [$M] | Flows |
|---|---|---|---|
| BMO S&P/TSX Capped Composite ETF | ZCN | 15469.40 | 1526.1 |
| BMO MSCI EAFE ETF | ZEA | 12509.11 | 1270.4 |
| BMO Aggregate Bond ETF | ZAG | 12312.92 | 2269.5 |
| BMO Low Volatility Canadian Equity ETF | ZLB | 6139.39 | 931.1 |
| BMO Money Market Fund ETF Series | ZMMK | 5552.39 | 1982.6 |
| BMO Short Corporate Bond ETF | ZCS | 4145.49 | 1281.3 |
| BMO MSCI Emerging Markets ETF | ZEM | 2961.84 | 1098.4 |
| BMO Global Equity Active ETF | BGEQ | 2574.33 | 1276.5 |
| BMO Corporate Bond ETF | ZCB | 1833.41 | 1662.4 |
| BMO US Aggregate Bond ETF Hedged Units | ZUAG.F | 1392.45 | 889.7 |