— As of November 30, 2025 —
In November, the Canadian ETF industry reported AUM of $786.9 billion. Key inflow categories for the month were Canadian Equity, U.S. Equity and Canadian Fixed Income. BMO reported AUM at $163.4 billion, and the top three selling ETFs were the BMO Aggregate Bond Index ETF (ticker: ZAG), the BMO Corporate Bond Index ETF (ticker: ZCB) and the BMO Equal Weight Banks Index ETF (ticker: ZEB).*
*Industry figures reported inclusive of ETF of ETFs.
Industry Rankings
AUM is total AUM of all listed ETFs. As such it may include positions held in other investment products, including ETFs.| Provider | AUM [$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 |
$211,289.7
|
26.8% | 236 |
$6,114.1
|
$3,568.6
|
$57,082.8
|
$28,550.9
|
| BMO |
$163,470.9
|
20.8% | 224 |
$4,432.2
|
$2,967.4
|
$34,067.0
|
$17,870.3
|
| Vanguard |
$128,255.5
|
16.3% | 38 |
$3,175.2
|
$2,243.3
|
$36,269.4
|
$20,251.8
|
| Global X |
$47,860.5
|
6.1% | 154 |
$817.7
|
$178.5
|
$9,207.1
|
$4,196.6
|
| Fidelity |
$39,360.4
|
5.0% | 57 |
$2,633.8
|
$2,293.7
|
$22,947.8
|
$19,502.1
|
| TD |
$29,381.1
|
3.7% | 52 |
$921.0
|
$848.0
|
$9,847.7
|
$6,679.1
|
| Mackenzie |
$23,866.7
|
3.0% | 58 |
$1,313.6
|
$1,112.6
|
$8,420.0
|
$6,322.6
|
| CI GAM |
$23,194.3
|
2.9% | 146 |
-$377.7
|
-$7.7
|
$510.9
|
-$1,380.6
|
| Purpose |
$15,389.7
|
2.0% | 101 |
-$510.6
|
$242.4
|
$2,975.0
|
$2,778.6
|
| National Bank |
$13,642.4
|
1.7% | 38 |
-$215.0
|
-$269.1
|
$1,221.9
|
$618.3
|
| Hamilton |
$11,800.3
|
1.5% | 34 |
$490.9
|
$279.6
|
$4,931.4
|
$3,686.4
|
| Desjardins |
$10,360.9
|
1.3% | 28 |
$432.0
|
$400.0
|
$5,837.8
|
$4,879.1
|
| Invesco |
$9,901.0
|
1.3% | 72 |
$92.9
|
$84.9
|
$1,935.1
|
$946.8
|
| Harvest |
$9,628.8
|
1.2% | 86 |
$58.0
|
$451.0
|
$4,511.1
|
$4,612.2
|
| CIBC |
$8,361.5
|
1.1% | 44 |
$283.1
|
$217.6
|
$4,012.5
|
$3,506.6
|
| Scotia |
$8,084.0
|
1.0% | 9 |
$478.2
|
$481.3
|
$4,922.9
|
$4,258.7
|
| Evolve |
$5,575.6
|
0.7% | 71 |
$102.3
|
$202.4
|
$1,328.5
|
$1,140.7
|
| Dynamic |
$5,155.3
|
0.7% | 33 |
$203.1
|
$194.6
|
$1,314.8
|
$889.8
|
| Manulife |
$5,045.3
|
0.6% | 42 |
$267.4
|
$181.7
|
$1,167.7
|
$473.6
|
| PIMCO |
$4,680.7
|
0.6% | 8 |
$200.3
|
$188.6
|
$1,445.8
|
$1,290.5
|
| Templeton |
$2,612.4
|
0.3% | 30 |
$71.7
|
$60.8
|
$677.5
|
$441.6
|
| Picton |
$1,688.7
|
0.2% | 9 |
$40.2
|
$37.5
|
$583.4
|
$517.0
|
| Brompton |
$1,661.6
|
0.2% | 23 |
$37.6
|
$37.4
|
$476.6
|
$424.2
|
| 3iQ |
$818.5
|
0.1% | 4 |
-$100.9
|
$92.0
|
$357.2
|
$442.9
|
| First Trust |
$766.9
|
0.1% | 31 |
-$6.2
|
-$5.7
|
$191.0
|
$117.0
|
| Guardian |
$692.7
|
0.1% | 23 |
-$43.6
|
-$42.7
|
$125.1
|
$117.4
|
| AGF |
$687.4
|
0.1% | 9 |
$28.4
|
$22.6
|
-$277.5
|
-$241.1
|
| Ninepoint |
$616.3
|
0.1% | 22 |
$43.7
|
$12.6
|
$128.0
|
$54.5
|
| JPMorgan |
$580.0
|
0.1% | 8 |
$66.9
|
$70.1
|
$580.0
|
$441.8
|
| Capital Group |
$562.4
|
0.1% | 4 |
$43.7
|
$43.4
|
$562.4
|
$249.3
|
| middlefield |
$523.0
|
0.1% | 6 |
$1.6
|
-$0.5
|
-$16.3
|
-$35.7
|
| LongPoint |
$275.2
|
0.0% | 37 |
$18.6
|
$16.2
|
$275.2
|
$202.4
|
| IA Clarington |
$227.0
|
0.0% | 9 |
$8.0
|
$8.4
|
$75.6
|
$70.9
|
| Bristol Gate |
$168.1
|
0.0% | 3 |
-$9.0
|
-$10.0
|
-$26.4
|
-$34.4
|
| Mulvihill |
$164.6
|
0.0% | 3 |
$7.3
|
$1.6
|
$12.1
|
-$18.3
|
| Arrow Capital |
$145.0
|
0.0% | 5 |
-$0.9
|
-$0.9
|
$36.9
|
$33.9
|
| Accelerate |
$121.9
|
0.0% | 6 |
$0.9
|
-$1.7
|
$37.0
|
$34.0
|
| Lysander |
$95.0
|
0.0% | 3 |
-$0.8
|
-$0.3
|
$6.0
|
$2.3
|
| Russell |
$93.9
|
0.0% | 4 |
-$2.6
|
-$4.4
|
$18.3
|
$11.0
|
| Tralucent |
$29.3
|
0.0% | 1 |
$0.5
|
$0.1
|
$9.6
|
$6.9
|
| Rocklinc |
$25.3
|
0.0% | 1 |
$25.3
|
$25.3
|
$25.3
|
$25.3
|
| Corton |
$25.2
|
0.0% | 1 |
-$2.8
|
-$2.8
|
$1.8
|
-$23.0
|
| Sun Life |
$21.0
|
0.0% | 3 |
$7.5
|
$7.5
|
$21.0
|
$17.6
|
| Starlight |
$20.4
|
0.0% | 5 |
-$2.4
|
-$2.4
|
$3.5
|
$2.1
|
| Forstrong |
$19.6
|
0.0% | 3 |
-$0.5
|
-$0.6
|
$5.8
|
$4.4
|
| Quadravest |
$9.4
|
0.0% | 1 |
-$0.0
|
$-
|
-$11.8
|
-$11.9
|
| Caldwell |
$6.1
|
0.0% | 1 |
$0.0
|
$-
|
$0.7
|
$0.8
|
| True Exposure |
$3.4
|
0.0% | 1 |
$3.4
|
$3.4
|
$3.4
|
$3.4
|
| Capstone |
$2.0
|
0.0% | 2 |
$-
|
$-
|
$2.0
|
$2.0
|
Equity Flows
Equity style and geography
Month Over Month
Year Over Year
Fixed Income Flows
Credit and Term
Month Over Month
Year Over Year
Industry Rankings
Top BMO Funds (Month)| Fund | Ticker | AUM [$M] | Flows |
|---|---|---|---|
| BMO Aggregate Bond Index ETF | ZAG | 12356.95 | 664.0 |
| BMO Corporate Bond Index ETF | ZCB | 1697.20 | 476.6 |
| BMO Equal Weight Banks Index ETF | ZEB | 5341.67 | 447.5 |
| BMO Broad Commodity ETF | ZCOM | 461.05 | 444.2 |
| BMO S&P 500 Index ETF | ZSP | 21256.36 | 341.0 |
| BMO Money Market ETF | ZMMK | 5316.70 | 245.5 |
| BMO US Aggregate Bond ETF Hedged Units | ZUAG.F | 1342.98 | 239.4 |
| BMO High Yield US Corporate Bond Index ETF | ZJK | 1601.04 | 122.8 |
| BMO High Yield US Corporate Bond Hedged ETF | ZHY | 1420.15 | 120.7 |
| BMO MSCI EAFE Index ETF | ZEA | 11195.30 | 116.1 |
Industry Rankings
Top BMO Funds (Year)| Fund | Ticker | AUM [$M] | Flows |
|---|---|---|---|
| BMO Aggregate Bond ETF | ZAG | 12356.95 | 2560.9 |
| BMO Money Market Fund ETF Series | ZMMK | 5316.70 | 2363.9 |
| BMO Global Equity Active ETF | BGEQ | 2551.85 | 2325.5 |
| BMO Short Corporate Bond ETF | ZCS | 4285.95 | 1602.6 |
| BMO Corporate Bond ETF | ZCB | 1697.20 | 1550.7 |
| BMO S&P/TSX Capped Composite ETF | ZCN | 13342.74 | 1320.5 |
| BMO US Aggregate Bond ETF Hedged Units | ZUAG.F | 1342.98 | 900.7 |
| BMO MSCI EAFE ETF | ZEA | 11195.30 | 890.9 |
| BMO Ultra Short-Term Bond ETF | ZST | 4255.95 | 850.1 |
| BMO Core Plus Bond ETF | ZCPB | 2299.53 | 805.0 |