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CI Balanced Asset Allocation ETF (CBAL) and iShares ESG Balanced ETF Portfolio (GBAL) offer distinct profiles for Canadian ETF investors. A direct comparison shows that CBAL focuses its top 3 sector exposures on Finance, Technology, and Sovereign, while GBAL leans towards Finance, Technology, and Sovereign. When evaluating costs, CBAL features a management fee (MER) of 0.22%, compared to 0.22% for GBAL. Performance-wise, CBAL has returned 9.73% year-to-date with +$103 M in net flows, whereas GBAL is at 10.48% with +$95 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
CBAL
GBAL
| AuM | $201.56 M | $307.12 M |
| Management Fees | 0.22% | 0.22% |
| Exp. ratio | 0.30% | 0.24% |
| Tracking Difference | - | - |
Historical performance and flows
As of November 11, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | CBAL | +0.12% | +0.11% | +9.73% | +9.66% | +49.86% |
GBAL | -0.80% | -0.84% | +10.48% | +10.91% | +58.65% | |
| Flows | CBAL | +$11 M | +$33 M | +$103 M | +$119 M | +$184 M |
GBAL | +$10 M | +$29 M | +$95 M | +$107 M | +$208 M |
CBAL vs GBAL exposure
Countries
CBAL
Canada
49.13%
USA
22.92%
Other
8.32%
Other
19.64%
GBAL
Canada
51.71%
USA
30.16%
Other
18.13%
Sectors
CBAL
Finance
19.57%
Technology
15.33%
Sovereign
11.10%
Municipal
9.34%
Other
8.32%
Other
36.34%
GBAL
Finance
32.90%
Technology
20.12%
Sovereign
11.47%
Municipal
8.91%
Other
26.59%
As of November 11, 2026
Top 10 Holdings
CBAL
CA17167D1042
32.89%
CA12566G1054
22.38%
CA1254661020
17.57%
US46432F8427
12.97%
CA12548U1075
7.90%
US46434G1031
5.99%
GBAL
CA46437Q1081
27.07%
CA46436U1003
18.82%
CA46438D1069
15.69%
CA46432E1007
12.61%
CA46431U1057
9.61%
CA45033L1094
8.70%
CA46436Y1025
4.73%
US4642874329
2.68%
Diversification
CBAL
Total weight of top 10 holdings out of 7,946 total
99.71%
GBAL
Total weight of top 10 holdings out of 1,365 total
99.91%
Characteristics
Compare
CBAL
GBAL
| Provider | CI | iShares |
| Management | Actively managed | Actively managed |
| Benchmark | - | - |
| Replication Method | - | - |
| Asset Class | Equity, Fixed Income | Equity, Fixed Income |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.96% | 1.58% |
| Meets ESG criteria | No | Yes |
| Inception Date | May 17, 2023 | September 10, 2020 |
Frequently asked questions about CBAL and GBAL
Which ETF has performed better year to date: CBAL or GBAL?
As of November 11, 2026, CBAL has returned 9.73% year to date, while GBAL has returned 10.48%. GBAL is ahead on YTD performance.
Which ETF is larger by assets under management: CBAL or GBAL?
As of November 11, 2026, CBAL manages $201.56 M in assets, while GBAL manages $307.12 M. GBAL is the larger fund by AUM.
How are CBAL and GBAL managed?
CBAL is actively managed by CI. It does not track an index. GBAL is actively managed by iShares. It does not track an index.
Which ETF is more diversified: CBAL or GBAL?
CBAL holds 1 securities, while GBAL holds 1. On holdings count, CBAL is the more diversified portfolio.
Which ETF is attracting more investor flows: CBAL or GBAL?
Year to date, CBAL has seen +$103.03 M in net flows, compared with +$94.97 M for GBAL. CBAL has attracted more net investor money so far.
How do the fees of CBAL and GBAL compare?
CBAL has an expense ratio of 0.30%, while GBAL has an expense ratio of 0.24%.
What sectors do CBAL and GBAL emphasize?
CBAL is most exposed to Finance, Technology, and Sovereign. GBAL is most exposed to Finance, Technology, and Sovereign.
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All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.