— As of September 30, 2025 —
In September, the Canadian ETF industry reported AUM of $743.0 billion. Key inflow categories for the month were U.S. Equity, Canadian Fixed Income and International Equity. BMO reported AUM at $155.5 billion, and the top three selling ETFs were the BMO NASDAQ 100 Equity Index ETF (ticker: ZNQ), the BMO Aggregate Bond Index ETF (ticker: ZAG) and the BMO Mid Provincial Bond Index ETF (ticker: ZMP).*
*Industry figures reported inclusive of ETF of ETFs.
Industry Rankings
AUM is total AUM of all listed ETFs. As such it may include positions held in other investment products, including ETFs.| Provider | AUM [$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 |
$199,090.0
|
26.8% | 246 |
$10,791.3
|
$3,424.1
|
$44,883.2
|
$21,794.8
|
| BMO |
$155,463.6
|
20.9% | 220 |
$5,551.7
|
$1,047.7
|
$26,059.7
|
$13,458.8
|
| Vanguard |
$120,528.7
|
16.2% | 38 |
$6,702.8
|
$2,169.9
|
$28,542.5
|
$15,874.0
|
| Global X |
$46,220.2
|
6.2% | 147 |
$1,883.0
|
$336.4
|
$7,566.8
|
$3,786.1
|
| Fidelity |
$34,171.2
|
4.6% | 52 |
$3,503.6
|
$2,369.0
|
$17,758.6
|
$14,788.1
|
| TD |
$27,381.3
|
3.7% | 55 |
$1,594.6
|
$585.3
|
$7,847.9
|
$5,312.9
|
| CI GAM |
$23,953.5
|
3.2% | 143 |
$301.4
|
-$300.1
|
$1,270.1
|
-$826.9
|
| Mackenzie |
$20,892.7
|
2.8% | 55 |
$1,143.1
|
$572.8
|
$5,446.0
|
$3,799.5
|
| Purpose |
$15,983.3
|
2.2% | 100 |
$1,018.9
|
$591.1
|
$3,568.6
|
$2,519.5
|
| National Bank |
$13,771.5
|
1.9% | 35 |
$276.3
|
$169.0
|
$1,351.0
|
$814.9
|
| Hamilton |
$10,828.1
|
1.5% | 34 |
$840.0
|
$596.9
|
$3,959.3
|
$3,026.4
|
| Invesco |
$9,671.2
|
1.3% | 68 |
$302.4
|
-$21.9
|
$1,705.3
|
$907.6
|
| Desjardins |
$9,566.2
|
1.3% | 27 |
$1,294.8
|
$991.9
|
$5,043.1
|
$4,274.9
|
| Harvest |
$8,966.0
|
1.2% | 85 |
$783.2
|
$558.1
|
$3,848.3
|
$3,715.9
|
| CIBC |
$7,976.1
|
1.1% | 43 |
$257.5
|
$115.7
|
$3,627.1
|
$3,209.5
|
| Scotia |
$7,352.4
|
1.0% | 9 |
$1,482.3
|
$1,247.2
|
$4,191.4
|
$3,667.1
|
| Evolve |
$5,203.0
|
0.7% | 70 |
$188.6
|
$51.1
|
$955.9
|
$691.4
|
| Dynamic |
$4,698.1
|
0.6% | 33 |
$136.2
|
$24.3
|
$857.6
|
$513.2
|
| Manulife |
$4,661.7
|
0.6% | 38 |
$246.3
|
$91.0
|
$784.1
|
$229.9
|
| PIMCO |
$4,242.0
|
0.6% | 8 |
$166.9
|
$150.7
|
$1,007.1
|
$903.4
|
| Templeton |
$2,442.0
|
0.3% | 30 |
$55.2
|
-$5.0
|
$507.2
|
$316.8
|
| Picton |
$1,615.8
|
0.2% | 9 |
$57.7
|
$42.1
|
$510.5
|
$454.2
|
| Brompton |
$1,590.1
|
0.2% | 21 |
$38.7
|
$21.8
|
$405.1
|
$357.3
|
| 3iQ |
$1,020.7
|
0.1% | 4 |
$1,020.7
|
$91.1
|
$559.4
|
$548.6
|
| Guardian |
$768.0
|
0.1% | 24 |
$111.4
|
$104.6
|
$200.4
|
$196.7
|
| First Trust |
$734.5
|
0.1% | 31 |
$37.2
|
$17.6
|
$158.6
|
$97.5
|
| AGF |
$646.6
|
0.1% | 9 |
$16.2
|
$14.7
|
-$318.4
|
-$295.7
|
| Ninepoint |
$539.2
|
0.1% | 21 |
$539.2
|
$16.8
|
$51.0
|
$19.1
|
| middlefield |
$520.9
|
0.1% | 6 |
$14.9
|
$1.0
|
-$18.4
|
-$26.1
|
| Capital Group |
$497.3
|
0.1% | 4 |
$497.3
|
$24.2
|
$497.3
|
$189.7
|
| JPMorgan |
$416.7
|
0.1% | 8 |
$416.7
|
$40.9
|
$416.7
|
$318.5
|
| LongPoint |
$228.1
|
0.0% | 28 |
$228.1
|
-$2.7
|
$228.1
|
$164.0
|
| IA Clarington |
$209.7
|
0.0% | 9 |
$10.5
|
$7.9
|
$58.3
|
$54.3
|
| Bristol Gate |
$179.2
|
0.0% | 3 |
-$40.0
|
-$44.5
|
-$15.4
|
-$17.1
|
| Mulvihill |
$160.9
|
0.0% | 3 |
$160.9
|
$1.9
|
$8.4
|
-$13.9
|
| Arrow Capital |
$151.3
|
0.0% | 5 |
$6.3
|
$1.3
|
$43.2
|
$37.1
|
| Accelerate |
$112.0
|
0.0% | 6 |
-$0.3
|
$-
|
$27.0
|
$26.4
|
| Lysander |
$95.0
|
0.0% | 3 |
$1.5
|
$1.0
|
$6.0
|
$2.5
|
| Russell |
$93.7
|
0.0% | 4 |
-$12.3
|
-$14.7
|
$18.1
|
$12.4
|
| Corton |
$28.7
|
0.0% | 1 |
$28.7
|
$-
|
$5.4
|
-$19.5
|
| Tralucent |
$28.7
|
0.0% | 1 |
$28.7
|
$1.5
|
$8.9
|
$6.7
|
| Starlight |
$23.1
|
0.0% | 5 |
$0.3
|
-$0.2
|
$6.2
|
$4.7
|
| Forstrong |
$20.1
|
0.0% | 3 |
$20.1
|
$1.2
|
$6.2
|
$5.1
|
| Quadravest |
$9.5
|
0.0% | 1 |
$9.5
|
$-
|
-$11.7
|
-$11.9
|
| Sun Life |
$7.0
|
0.0% | 3 |
$7.0
|
$3.5
|
$7.0
|
$3.5
|
| Caldwell |
$5.5
|
0.0% | 1 |
$0.3
|
$-
|
$0.1
|
$0.4
|
Equity Flows
Equity style and geography
Month Over Month
Year Over Year
Fixed Income Flows
Credit and Term
Month Over Month
Year Over Year
Industry Rankings
Top BMO Funds (Month)| Fund | Ticker | AUM [$M] | Flows |
|---|---|---|---|
| BMO NASDAQ 100 Equity ETF | ZNQ | 1896.50 | 629.7 |
| BMO Aggregate Bond Index ETF | ZAG | 11558.28 | 346.5 |
| BMO Mid Provincial Bond Index ETF | ZMP | 700.39 | 232.6 |
| BMO Global Equity Active ETF | BGEQ | 2372.64 | 143.0 |
| BMO S&P/TSX Capped Composite Index ETF | ZCN | 12506.87 | 123.6 |
| BMO Corporate Bond Index ETF | ZCB | 280.75 | 106.3 |
| BMO US Aggregate Bond ETF Hedged Units | ZUAG.F | 613.14 | 61.3 |
| BMO China Equity Index ETF | ZCH | 201.75 | 60.0 |
| BMO High Yield US Corporate Bond Index ETF | ZJK | 1200.60 | 58.5 |
| BMO Money Market ETF | ZMMK | 4949.07 | 48.6 |
Industry Rankings
Top BMO Funds (Year)| Fund | Ticker | AUM [$M] | Flows |
|---|---|---|---|
| BMO Money Market Fund ETF Series | ZMMK | 4949.07 | 2354.5 |
| BMO Global Equity Active ETF | BGEQ | 2372.64 | 2207.6 |
| BMO Ultra Short-Term Bond ETF | ZST | 4627.99 | 1749.9 |
| BMO S&P/TSX Capped Composite ETF | ZCN | 12506.87 | 1638.3 |
| BMO Short Corporate Bond ETF | ZCS | 4343.86 | 1508.7 |
| BMO Aggregate Bond ETF | ZAG | 11558.28 | 1492.9 |
| BMO S&P 500 Hedged to CAD ETF | ZUE | 4099.62 | 910.8 |
| BMO Core Plus Bond ETF | ZCPB | 2225.87 | 849.0 |
| BMO MSCI EAFE ETF | ZEA | 10940.51 | 784.9 |
| BMO Low Volatility Canadian Equity ETF | ZLB | 5329.54 | 753.4 |