ETF Flows

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— As of February 28, 2023 —

In February, the Canadian ETF industry reported AUM of $356 billion. Key inflow categories for the month were Canadian Money Market, High Yield Fixed Income and International Equity. During the same period, BMO reported AUM of $90.8 billion, with BMO High Yield US Corporate Bond Index ETF (ticker: ZJK), BMO High Yield US Corporate Bond Hedged to CAD Index ETF (Hedged Units) (ticker: ZHY) and BMO MSCI EAFE Index ETF (ticker: ZEA) as the top 3 selling BMO ETFs.*

* 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)
BMO
$90,825.7
25.5% 176
-$437.7
$977.5
$3,094.1
$505.7
RBC iShares
$99,264.1
27.9% 208
-$1,403.3
$562.2
$2,628.2
-$685.6
Vanguard
$52,417.2
14.7% 37
-$46.0
$642.0
$2,528.3
$635.3
Horizons
$24,017.4
6.8% 108
-$1.6
$358.4
$1,182.5
$710.1
CI GAM
$17,766.0
5.0% 135
$596.8
$34.6
$1,819.3
$105.8
Mackenzie
$12,358.0
3.5% 47
$7.3
$686.5
-$58.0
$1,261.4
Purpose
$7,013.5
2.0% 74
$167.2
$170.2
$118.7
-$201.7
First Trust
$378.2
0.1% 26
-$2.5
-$1.1
$17.8
-$0.6
Invesco
$4,905.3
1.4% 79
-$45.2
$156.3
$262.8
-$406.5
TD
$9,196.5
2.6% 44
$33.7
$145.8
$1,211.1
$845.4
Lysander
$82.9
0.0% 3
-$1.8
-$1.2
$2.7
-$1.6
Harvest
$3,096.1
0.9% 28
$10.3
$106.1
$238.0
$247.8
Hamilton
$2,195.3
0.6% 12
$92.8
$161.6
$371.9
$288.8
AGF
$1,218.1
0.3% 10
$60.1
$75.1
$67.0
$73.1
Desjardins
$1,608.6
0.5% 20
-$104.9
-$89.2
-$5.8
-$44.8
Manulife
$2,445.9
0.7% 24
-$100.1
-$65.5
$54.2
-$40.8
Templeton
$1,269.1
0.4% 21
-$69.9
-$52.9
-$39.3
-$79.4
PIMCO
$2,139.4
0.6% 7
-$2.6
$14.6
$63.7
$48.6
Arrow Capital
$42.3
0.0% 3
$1.9
$2.0
$2.7
$2.5
Bristol Gate
$186.1
0.1% 3
-$1.3
$-
$4.8
-$1.3
Brompton
$571.0
0.2% 14
$8.0
$19.9
$51.5
$45.3
Evolve
$2,645.7
0.7% 48
$71.7
$77.7
$461.0
$381.1
Scotia
$1,288.1
0.4% 9
$4.8
$19.1
$42.8
-$3.6
Fidelity
$3,645.5
1.0% 37
$136.5
$180.3
$380.1
$268.6
IA Clarington
$101.5
0.0% 5
-$1.3
$0.5
-$10.7
-$12.6
Starlight
$25.4
0.0% 2
-$0.4
$0.2
$0.3
-$0.3
CIBC
$2,536.0
0.7% 25
-$37.1
-$3.2
$53.3
$9.9
SmartBe
$22.6
0.0% 4
-$1.0
-$0.8
$0.0
-$0.8
middlefield
$446.0
0.1% 7
-$9.6
-$1.3
$5.2
-$2.0
National Bank
$7,346.7
2.1% 15
$314.6
$389.8
$952.5
$803.4
Accelerate
$66.0
0.0% 5
$0.3
$-
-$0.8
-$2.8
Picton
$606.1
0.2% 8
$20.8
$22.8
$33.5
$27.5
Emerge
$225.0
0.1% 22
-$0.2
$6.0
$33.3
-$0.9
Russell
$54.6
0.0% 3
-$1.1
-$0.0
$2.8
$2.2
Dynamic
$2,260.6
0.6% 17
-$5.9
$17.8
$100.9
-$24.0
Caldwell
$4.8
0.0% 1
-$0.3
-$0.3
-$0.1
$0.0
Guardian
$212.1
0.1% 15
-$22.7
-$19.2
-$17.0
-$20.0
Norrep CM
$5.5
0.0% 1
-$0.1
$-
$5.5
$-
Ninepoint
$656.7
0.2% 8
$656.7
$7.7
$656.7
$20.6
3iQ
$452.2
0.1% 2
$452.2
$13.3
$452.2
$53.9
Evermore
$14.2
0.0% 8
$14.2
$-
$14.2
$-
Mulvihill
$72.2
0.0% 3
$72.2
$3.3
$72.2
$9.2

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 Flows AUM [$M]
BMO High Yield US Corporate Bond Hedged ETF ZHY 218.4 1105.18
BMO High Yield US Corporate Bond Index ETF ZJK 222.7 1189.48
BMO MSCI EAFE Index ETF ZEA 213.8 6098.37
BMO Mid-Term U.S. IG Corporate Bond Index Hedged to CAD ETF ZMU 127.9 2669.69
BMO Mid-Term U.S. IG Corporate Bond Index ETF ZIC 160.8 2804.57
BMO US Aggregate Bond ETF Hedged Units ZUAG.F 147.5 165.72
BMO Emerging Markets Bond Hedged to CAD Index ETF ZEF 58.3 641.30
BMO Long Federal Bond Index ETF ZFL 61.2 2083.31
BMO Covered Call Utilities ETF ZWU 39.9 1763.20
BMO Long Provincial Bond Index ETF ZPL 44.8 153.53

Industry Rankings

Top BMO Funds (Year)
Fund Ticker Flows AUM [$M]
BMO MT US IG Corp Bd Hdgd to CAD ETF ZMU 1229.0 2669.69
BMO Mid-Term US IG Corp Bond ETF (CAD) ZIC 1079.7 2804.57
BMO Equal Weight Banks ETF ZEB 818.3 3106.16
BMO Mid Federal Bond ETF ZFM 776.2 1010.59
BMO Short Federal Bond ETF ZFS 758.7 1161.25
BMO Aggregate Bond ETF ZAG 699.0 6148.43
BMO High Yld US Corp Bd Hdgd to CAD ETF ZHY 609.8 1105.18
BMO High Yld US Corp Bd ETF ZJK 575.9 1189.48
BMO Covered Call Canadian Banks ETF ZWB 552.8 2904.46
BMO Covered Call Utilities ETF ZWU 466.4 1763.20