VS
CI Balanced Asset Allocation ETF (CBAL) and BMO Balanced ETF (ZBAL.T) 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 ZBAL.T leans towards Finance, Technology, and Sovereign. When evaluating costs, CBAL features a management fee (MER) of 0.22%, compared to 0.18% for ZBAL.T. Performance-wise, CBAL has returned 9.73% year-to-date with +$103 M in net flows, whereas ZBAL.T is at 9.73% with +$34 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
ZBAL.T
| AuM | $201.56 M | $116.81 M |
| Management Fees | 0.22% | 0.18% |
| Exp. ratio | 0.30% | 0.20% |
| 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% |
ZBAL.T | -0.00% | +0.19% | +9.73% | +9.46% | +51.71% | |
| Flows | CBAL | +$11 M | +$33 M | +$103 M | +$119 M | +$184 M |
ZBAL.T | +$3 M | +$10 M | +$34 M | +$39 M | +$86 M |
CBAL vs ZBAL.T exposure
Countries
CBAL
Canada
49.13%
USA
22.92%
Other
8.32%
Other
19.64%
ZBAL.T
Canada
42.18%
USA
38.49%
Other
19.33%
Sectors
CBAL
Finance
19.57%
Technology
15.33%
Sovereign
11.10%
Municipal
9.34%
Other
8.32%
Other
36.34%
ZBAL.T
Finance
18.53%
Technology
18.43%
Sovereign
14.78%
Municipal
8.74%
Industrials
7.19%
Other
32.34%
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%
ZBAL.T
CA05575T1003
28.05%
CA05590X1024
27.78%
CA05574G1090
14.72%
CA05592U1140
11.70%
CA05579E1097
9.89%
CA05576Y1088
5.68%
CA05589X1050
1.46%
CA05589W2067
0.72%
Diversification
CBAL
Total weight of top 10 holdings out of 7,946 total
99.71%
ZBAL.T
Total weight of top 10 holdings out of 19,745 total
100.00%
Characteristics
Frequently asked questions about CBAL and ZBAL.T
Which ETF has performed better year to date: CBAL or ZBAL.T?
As of November 11, 2026, CBAL has returned 9.73% year to date, while ZBAL.T has returned 9.73%. CBAL is ahead on YTD performance.
Which ETF is larger by assets under management: CBAL or ZBAL.T?
As of November 11, 2026, CBAL manages $201.56 M in assets, while ZBAL.T manages $116.81 M. CBAL is the larger fund by AUM.
How are CBAL and ZBAL.T managed?
CBAL is actively managed by CI. It does not track an index. ZBAL.T is actively managed by BMO. It does not track an index.
Which ETF is more diversified: CBAL or ZBAL.T?
CBAL holds 1 securities, while ZBAL.T holds 1. On holdings count, CBAL is the more diversified portfolio.
Which ETF is attracting more investor flows: CBAL or ZBAL.T?
Year to date, CBAL has seen +$103.03 M in net flows, compared with +$33.86 M for ZBAL.T. CBAL has attracted more net investor money so far.
How do the fees of CBAL and ZBAL.T compare?
CBAL has an expense ratio of 0.30%, while ZBAL.T has an expense ratio of 0.20%.
What sectors do CBAL and ZBAL.T emphasize?
CBAL is most exposed to Finance, Technology, and Sovereign. ZBAL.T is most exposed to Finance, Technology, and Sovereign.
Recent articles about CBAL and ZBAL.T
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