— As of March 31, 2024 —
In March, the Canadian ETF industry reported AUM of $456 billion. Key inflow categories for the month were U.S. Equity, Global Equity and Canadian Equity. BMO reported AUM at $104 billion, and the top three selling ETFs were BMO Nasdaq 100 Equity Index ETF (ticker: ZNQ), BMO High Yield US Corporate Bond Hedged to CAD Index ETF (ticker: ZHY), and BMO High Yield US Corporate Bond Index ETF (ticker: ZJK).*
*Industry figures reported inclusive of ETF of ETFs.
Industry Rankings
AUM is total AUM of all listed ETFs. As such it may include positions held in other investment products, including ETFs.| Provider | AUM [$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 |
$104,084.9
|
22.8% | 193 |
$1,674.0
|
-$424.7
|
$6,574.9
|
$1,891.1
|
| RBC iShares |
$126,006.0
|
27.6% | 213 |
$5,140.4
|
$1,860.5
|
$10,366.6
|
$3,746.5
|
| Vanguard |
$70,062.7
|
15.4% | 37 |
$3,020.4
|
$1,295.4
|
$8,432.5
|
$3,771.4
|
| Horizons |
$31,887.3
|
7.0% | 108 |
$277.4
|
-$353.1
|
$1,449.5
|
$226.7
|
| CI GAM |
$21,797.3
|
4.8% | 140 |
$413.7
|
$213.2
|
$707.4
|
$490.6
|
| Mackenzie |
$13,818.0
|
3.0% | 53 |
$286.2
|
-$19.7
|
$900.1
|
-$846.7
|
| Purpose |
$11,104.1
|
2.4% | 70 |
$415.3
|
$8.6
|
$1,444.9
|
-$76.8
|
| First Trust |
$445.5
|
0.1% | 27 |
$17.2
|
$11.2
|
$39.5
|
$15.8
|
| Invesco |
$6,663.4
|
1.5% | 63 |
$349.0
|
$46.0
|
$802.8
|
$269.3
|
| TD |
$14,419.3
|
3.2% | 48 |
$902.9
|
$643.2
|
$2,386.8
|
$1,556.0
|
| Lysander |
$87.6
|
0.0% | 3 |
$2.8
|
$0.5
|
$5.6
|
-$0.8
|
| Harvest |
$4,100.5
|
0.9% | 34 |
$177.3
|
$105.8
|
$342.3
|
$168.2
|
| Hamilton |
$4,738.8
|
1.0% | 20 |
$284.1
|
$134.2
|
$1,052.6
|
$847.0
|
| AGF |
$1,053.3
|
0.2% | 15 |
$3.8
|
-$13.9
|
-$6.1
|
-$65.3
|
| Desjardins |
$2,341.5
|
0.5% | 20 |
$155.8
|
$119.3
|
$469.5
|
$383.4
|
| Manulife |
$3,194.0
|
0.7% | 26 |
$77.4
|
-$18.0
|
$312.3
|
$137.2
|
| Templeton |
$1,519.0
|
0.3% | 22 |
$35.6
|
$8.0
|
$112.3
|
$35.6
|
| PIMCO |
$2,621.6
|
0.6% | 7 |
$83.8
|
$66.2
|
$262.7
|
$253.8
|
| Arrow Capital |
$62.0
|
0.0% | 4 |
-$122.1
|
-$123.4
|
$9.4
|
$6.2
|
| Bristol Gate |
$398.6
|
0.1% | 3 |
$122.7
|
$6.5
|
$0.2
|
-$140.4
|
| Brompton |
$793.0
|
0.2% | 15 |
$33.5
|
$24.0
|
$98.1
|
$59.0
|
| Evolve |
$3,524.6
|
0.8% | 54 |
$42.7
|
-$10.4
|
$103.8
|
-$117.8
|
| Scotia |
$2,442.7
|
0.5% | 9 |
$85.7
|
$31.4
|
$900.3
|
$734.0
|
| Fidelity |
$8,086.2
|
1.8% | 47 |
$993.5
|
$747.4
|
$2,505.6
|
$1,915.9
|
| IA Clarington |
$119.2
|
0.0% | 8 |
$3.6
|
$3.3
|
-$8.9
|
-$11.7
|
| Starlight |
$20.0
|
0.0% | 2 |
-$1.6
|
-$1.9
|
-$2.0
|
-$1.9
|
| CIBC |
$3,220.3
|
0.7% | 25 |
$221.6
|
$192.3
|
$425.9
|
$370.7
|
| middlefield |
$504.9
|
0.1% | 6 |
$10.6
|
$0.2
|
$41.5
|
-$2.4
|
| National Bank |
$11,891.6
|
2.6% | 16 |
$451.8
|
$339.0
|
$817.0
|
$233.7
|
| Accelerate |
$72.1
|
0.0% | 4 |
-$2.8
|
-$3.9
|
$4.4
|
-$0.9
|
| Picton |
$757.6
|
0.2% | 8 |
$25.3
|
$21.1
|
$67.8
|
-$48.9
|
| Russell |
$71.2
|
0.0% | 3 |
-$0.0
|
-$1.3
|
-$4.0
|
-$3.9
|
| Dynamic |
$3,032.0
|
0.7% | 21 |
$136.1
|
$81.0
|
$403.3
|
$169.0
|
| Caldwell |
$4.9
|
0.0% | 1 |
$0.1
|
$-
|
$0.4
|
-$0.4
|
| Guardian |
$382.9
|
0.1% | 20 |
-$1.9
|
-$2.3
|
$20.2
|
$14.7
|
| Ninepoint |
$612.0
|
0.1% | 8 |
$612.0
|
-$60.3
|
$17.0
|
-$78.4
|
| 3iQ |
$353.8
|
0.1% | 2 |
$353.8
|
-$7.5
|
$94.6
|
-$53.8
|
| Mulvihill |
$111.1
|
0.0% | 3 |
$111.1
|
$8.6
|
$24.1
|
$19.7
|
| Forstrong |
$13.0
|
0.0% | 4 |
$13.0
|
-$25.3
|
-$26.5
|
-$27.9
|
| Tralucent |
$4.7
|
0.0% | 1 |
$4.7
|
$0.6
|
$2.6
|
$2.3
|
Equity Flows
Equity style and geography
Month Over Month
Year Over Year
Fixed Income Flows
Credit and Term
Month Over Month
Year Over Year
Industry Rankings
Top BMO Funds (Month)| Fund | Ticker | AUM [$M] | Flows |
|---|---|---|---|
| BMO High Yield US Corporate Bond Hedged ETF | ZHY | 960.61 | 145.6 |
| BMO Long Federal Bond Index ETF | ZFL | 3440.40 | 104.4 |
| BMO High Yield US Corporate Bond Index ETF | ZJK | 1027.79 | 129.5 |
| BMO Global Health Care Active ETF | BGHC | 117.52 | 114.6 |
| BMO MSCI EAFE Index ETF | ZEA | 7594.20 | 79.4 |
| BMO NASDAQ 100 Equity ETF | ZNQ | 790.38 | 194.8 |
| BMO Covered Call Utilities ETF | ZWU | 1760.62 | 19.2 |
| BMO Money Market ETF | ZMMK | 1136.81 | 91.6 |
| BMO Ultra Short-Term Bond ETF | ZST | 1262.68 | 79.0 |
| BMO Long Corporate Bond Index ETF | ZLC | 406.21 | 22.7 |
Industry Rankings
Top BMO Funds (Year)| Fund | Ticker | AUM [$M] | Flows |
|---|---|---|---|
| BMO S&P 500 ETF (CAD) | ZSP | 13313.05 | 1164.3 |
| BMO Long Federal Bond ETF | ZFL | 3440.40 | 1034.5 |
| BMO Money Market Fund ETF Series | ZMMK | 1136.81 | 724.7 |
| BMO Ultra Short-Term Bond ETF | ZST | 1262.68 | 660.2 |
| BMO Government Bond ETF | ZGB | 1090.37 | 577.1 |
| BMO Aggregate Bond ETF | ZAG | 6623.15 | 457.8 |
| BMO Low Volatility Canadian Equity ETF | ZLB | 3527.86 | 367.6 |
| BMO Short Corporate Bond ETF | ZCS | 1492.60 | 259.7 |
| BMO S&P 500 Hedged to CAD ETF | ZUE | 2440.69 | 240.4 |
| BMO NASDAQ 100 Equity ETF | ZNQ | 790.38 | 200.0 |