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Evolve Enhanced Yield Bond Fund ETF (BOND.U) and BMO Short-Term US TIPS Index ETF (ZTIP.F) offer distinct profiles for Canadian ETF investors. A direct comparison shows that BOND.U focuses its top 3 sector exposures on Sovereign and Non-Corporate, while ZTIP.F leans towards Sovereign. When evaluating costs, BOND.U features a management fee (MER) of 0.75%, compared to 0.15% for ZTIP.F. Performance-wise, BOND.U has returned 2.62% year-to-date with -$5 M in net flows, whereas ZTIP.F is at 0.59% with +$54 M. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.
NAV Performance and Flows
Key Data
Compare
BOND.U
ZTIP.F
| AuM | $16.01 M | $243.79 M |
| Management Fees | 0.75% | 0.15% |
| Exp. ratio | 0.74% | 0.17% |
| Tracking Difference | - | - |
Historical performance and flows
As of September 10, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | BOND.U | -0.78% | -2.93% | -2.62% | -3.53% | - |
ZTIP.F | -0.18% | -0.43% | +0.59% | +0.16% | +10.68% | |
| Flows | BOND.U | -$2 M | -$2 M | -$5 M | -$19 M | - |
ZTIP.F | -$1 M | -$4 M | +$54 M | +$64 M | +$71 M |
BOND.U vs ZTIP.F exposure
Countries
BOND.U
USA
98.54%
ZTIP.F
USA
100.00%
Sectors
BOND.U
Sovereign
98.54%
ZTIP.F
Sovereign
100.00%
As of September 10, 2026
Top 10 Holdings
BOND.U
USA, Bonds 4.75% 15may2055, USD
3.53%
USA, Bonds 4.75% 15nov2053, USD
3.52%
USA, Bonds 4.125% 15aug2053, USD
3.48%
USA, Bonds 4.625% 15may2054, USD
3.45%
USA, Bonds 4.25% 15feb2054, USD
3.24%
USA, Bonds 4.75% 15feb2056, USD
3.23%
USA, Bonds 4.25% 15aug2054, USD
3.17%
USA, Bonds 4.625% 15feb2055, USD
3.15%
USA, Bonds 4.5% 15nov2054, USD
3.04%
USA, Bonds 3.625% 15may2053, USD
2.89%
ZTIP.F
USA, TIPS 1.125% 15oct2030, USD (AE-2030)
5.67%
USA, TIPS 1.25% 15apr2031, USD (X-2031)
5.62%
USA, TIPS 1.625% 15apr2030, USD (X-2030)
5.59%
USA, TIPS 1.625% 15oct2029, USD (AE-2029)
5.41%
USA, TIPS 2.125% 15apr2029, USD (X-2029)
5.26%
USA, TIPS 2.375% 15oct2028, USD (AE-2028)
5.21%
USA, TIPS 0.125% 15apr2027, USD (X-2027)
5.03%
USA, TIPS 1.625% 15oct2027, USD (AE-2027)
5.01%
USA, TIPS 0.125% 15oct2026, USD (AE-2026)
4.93%
USA, TIPS 1.25% 15apr2028, USD (X-2028)
4.89%
Diversification
BOND.U
Total weight of top 10 holdings out of 100 total
32.70%
ZTIP.F
Total weight of top 10 holdings out of 24 total
52.62%
Characteristics
Compare
BOND.U
ZTIP.F
| Provider | Evolve ETFs | BMO |
| Management | Actively managed | Passively managed |
| Benchmark | - | Bloomberg US Govt Inflation-Linked 0-5Yrs Total Return Index - USD |
| Replication Method | Direct (Physical) | |
| Asset Class | Fixed Income | Fixed Income |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 13.05% | 3.96% |
| Meets ESG criteria | No | No |
| Inception Date | February 15, 2024 | January 20, 2021 |
Frequently asked questions about BOND.U and ZTIP.F
Which ETF has performed better year to date: BOND.U or ZTIP.F?
As of September 10, 2026, BOND.U has returned -2.62% year to date, while ZTIP.F has returned 0.59%. ZTIP.F is ahead on YTD performance.
Which ETF is larger by assets under management: BOND.U or ZTIP.F?
As of September 10, 2026, BOND.U manages $16.01 M in assets, while ZTIP.F manages $243.79 M. ZTIP.F is the larger fund by AUM.
How are BOND.U and ZTIP.F managed?
BOND.U is actively managed by Evolve ETFs. It does not track an index. ZTIP.F is passively managed by BMO. It tracks the Bloomberg US Govt Inflation-Linked 0-5Yrs Total Return Index - USD benchmark.
What sectors do BOND.U and ZTIP.F emphasize?
BOND.U is most exposed to Sovereign and Non-Corporate. ZTIP.F is most exposed to Sovereign.
Which ETF is attracting more investor flows: BOND.U or ZTIP.F?
Year to date, BOND.U has seen -$5.16 M in net flows, compared with +$53.88 M for ZTIP.F. ZTIP.F has attracted more net investor money so far.
How do the fees of BOND.U and ZTIP.F compare?
BOND.U has an expense ratio of 0.74%, while ZTIP.F has an expense ratio of 0.17%.
What are the top holdings of BOND.U and ZTIP.F?
BOND.U's largest holdings include USA, Bonds 4.75% 15may2055, USD, USA, Bonds 4.75% 15nov2053, USD, and USA, Bonds 4.125% 15aug2053, USD. ZTIP.F's top holdings include USA, TIPS 1.125% 15oct2030, USD (AE-2030), USA, TIPS 1.25% 15apr2031, USD (X-2031), and USA, TIPS 1.625% 15apr2030, USD (X-2030).
Which ETF is more diversified: BOND.U or ZTIP.F?
BOND.U holds 100 securities, while ZTIP.F holds 24. On holdings count, BOND.U is the more diversified portfolio.
Recent articles about BOND.U and ZTIP.F
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