VS
CIBC Active Investment Grade Corporate Bond ETF (CACB) and BMO Equal Weight Banks Index ETF (ZEB) offer distinct profiles for Canadian ETF investors. A direct comparison shows that CACB focuses its top 3 sector exposures on Banks, Power, and Pipelines, while ZEB leans towards Finance. When evaluating costs, CACB features a management fee (MER) of 0.35%, compared to 0.25% for ZEB. Performance-wise, CACB has returned 1.36% year-to-date with +$337 M in net flows, whereas ZEB is at 32.77% with +$48 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
CACB
ZEB
| AuM | $2,438.51 M | $7,095.48 M |
| Management Fees | 0.35% | 0.25% |
| Exp. ratio | 0.40% | 0.28% |
| Tracking Difference | - | -0.54% |
Historical performance and flows
As of July 30, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | CACB | -0.93% | +0.77% | +1.36% | +3.96% | +19.91% |
ZEB | +1.95% | +15.98% | +32.77% | +68.32% | +146.77% | |
| Flows | CACB | +$71 M | +$179 M | +$337 M | +$577 M | +$1,199 M |
ZEB | +$364 M | +$1,061 M | +$48 M | +$292 M | -$759 M |
CACB vs ZEB exposure
Countries
CACB
Canada
54.84%
Other
43.28%
ZEB
Canada
100.00%
Sectors
CACB
Other
43.28%
Banks
13.15%
Power
11.12%
Other
32.45%
ZEB
Finance
100.00%
As of July 30, 2026
Top 10 Holdings
CACB
CA07813ZCX02
2.25%
Toronto-Dominion Bank, 5.177% 9apr2034, CAD (D)
2.12%
Bank of Nova Scotia, 4.95% 1aug2034, CAD
1.92%
Province of Ontario, 3.45% 2jun2045, CAD (DMTN220)
1.69%
CA89116WDF73
1.49%
Capital Power Corporation, 4.831% 16sep2031, CAD (8)
1.45%
CA34527ADD96
1.45%
Videotron Ltd., 4.5% 15jan2030, CAD
1.44%
Bank of Montreal, 4.976% 3jul2034, CAD (M)
1.34%
CIBC, 3.8% 10dec2030, CAD
1.23%
ZEB
The Toronto-Dominion Bank
17.42%
Royal Bank of Canada
17.32%
Bank of Montreal
17.15%
The Bank of Nova Scotia
16.61%
Canadian Imperial Bank of Commerce
15.79%
National Bank of Canada
15.70%
Diversification
CACB
Total weight of top 10 holdings out of 244 total
16.38%
ZEB
Total weight of top 10 holdings out of 6 total
100.00%
Characteristics
Compare
CACB
ZEB
| Provider | CIBC | BMO |
| Management | Actively managed | Passively managed |
| Benchmark | - | Solactive Equal Weight Canada Banks GTR Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Fixed Income | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 4.46% | 2.29% |
| Meets ESG criteria | No | No |
| Inception Date | January 22, 2019 | October 20, 2009 |
Frequently asked questions about CACB and ZEB
Which ETF has performed better year to date: CACB or ZEB?
As of July 30, 2026, CACB has returned 1.36% year to date, while ZEB has returned 32.77%. ZEB is ahead on YTD performance.
Which ETF is larger by assets under management: CACB or ZEB?
As of July 30, 2026, CACB manages $2.44 B in assets, while ZEB manages $7.10 B. ZEB is the larger fund by AUM.
How are CACB and ZEB managed?
CACB is actively managed by CIBC. It does not track an index. ZEB is passively managed by BMO. It tracks the Solactive Equal Weight Canada Banks GTR Index - CAD benchmark.
What sectors do CACB and ZEB emphasize?
CACB is most exposed to Banks, Power, and Pipelines. ZEB is most exposed to Finance.
Which ETF is attracting more investor flows: CACB or ZEB?
Year to date, CACB has seen +$337.21 M in net flows, compared with +$48.05 M for ZEB. CACB has attracted more net investor money so far.
How do the fees of CACB and ZEB compare?
CACB has an expense ratio of 0.40%, while ZEB has an expense ratio of 0.28%.
What are the top holdings of CACB and ZEB?
CACB's largest holdings include Toronto-Dominion Bank, 5.177% 9apr2034, CAD (D) and Bank of Nova Scotia, 4.95% 1aug2034, CAD. ZEB's top holdings include The Toronto-Dominion Bank, Royal Bank of Canada, and Bank of Montreal.
Which ETF is more diversified: CACB or ZEB?
CACB holds 134 securities, while ZEB holds 6. On holdings count, CACB is the more diversified portfolio.
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