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Compare iShares 1-5 Year Laddered Corporate Bond Index ETF (CBO) vs BMO Corporate Bond Index ETF (ZCB) to find the best fit for your portfolio. CBO provides Finance, Industrials, and Utilities exposures, while ZCB is primarily weighted in Finance, Energy, and Industrials. When evaluating costs, CBO features a management fee (MER) of 0.25%, compared to 0.15% for ZCB. Performance-wise, CBO has returned 0.92% year-to-date with +$170 M in net flows, whereas ZCB is at 0.42% with +$454 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
CBO
ZCB
| AuM | $941.79 M | $2,122.71 M |
| Management Fees | 0.25% | 0.15% |
| Exp. ratio | 0.27% | 0.17% |
| Tracking Difference | - | - |
Historical performance and flows
As of September 2, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | CBO | -0.50% | -0.20% | +0.92% | +2.34% | +17.55% |
ZCB | -0.98% | -1.36% | +0.42% | +2.59% | +18.44% | |
| Flows | CBO | +$15 M | +$37 M | +$170 M | +$179 M | +$168 M |
ZCB | +$143 M | +$263 M | +$454 M | +$2,003 M | +$2,059 M |
CBO vs ZCB exposure
Countries
CBO
Canada
91.36%
USA
8.39%
ZCB
Canada
91.52%
USA
7.42%
Sectors
CBO
Finance
58.12%
Industrials
13.82%
Utilities
12.83%
Other
15.23%
ZCB
Finance
44.99%
Energy
21.96%
Industrials
8.33%
Other
24.73%
As of September 2, 2026
Top 10 Holdings
CBO
Toronto-Dominion Bank, 4.133% 9jan2033, CAD
3.89%
Pacific Life Global Funding II, 4.195% 29jul2032, CAD (2025-8)
1.72%
New York Life Global Funding, 4% 17jun2032, CAD (2025-8)
1.72%
Coastal Gaslink Pipeline LP, 4.907% 30jun2031, CAD (C)
1.39%
Massmutual Global Funding II, 4.127% 15jul2032, CAD (2025-5)
1.29%
Greater Toronto Airports Authority, 7.1% 4jun2031, CAD (2001-1)
1.29%
ProLogis LP, 3.6% 15feb2032, CAD
1.27%
Hydro One Inc, 1.69% 16jan2031, CAD (49)
1.09%
Toronto-Dominion Bank, 3.605% 10sep2031, CAD
1.07%
Sun Life Financial, 2.06% 1oct2035, CAD (2020-2)
1.07%
ZCB
Royal Bank of Canada, 5.228% 24jun2030, CAD
4.54%
Toronto-Dominion Bank, 5.491% 8sep2028, CAD
4.47%
Bank of Nova Scotia, 4.442% 15nov2035, CAD
4.32%
Alimentation Couche-Tard, 4.603% 25jan2029, CAD (8)
3.29%
Hydro One Inc, 4.25% 4jan2035, CAD (60)
3.23%
Choice Properties REIT, 6.003% 24jun2032, CAD (R)
2.33%
Rogers Communications, 5.8% 21sep2030, CAD
2.29%
TransCanada PipeLines, 5.33% 12may2032, CAD
2.27%
Sun Life Financial, 5.5% 4jul2035, CAD (2023-1)
2.26%
Enbridge, 5.75% 2sep2039, CAD
2.25%
Diversification
CBO
Total weight of top 10 holdings out of 454 total
15.79%
ZCB
Total weight of top 10 holdings out of 67 total
31.26%
Characteristics
Compare
CBO
ZCB
| Provider | iShares | BMO |
| Management | Passively managed | Passively managed |
| Benchmark | FTSE Canada 1-5 Year Laddered Corporate Bond TR Index - CAD | FTSE Canada All Corporate Bond TR Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Fixed Income | Fixed Income |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 3.53% | 4.19% |
| Meets ESG criteria | No | No |
| Inception Date | February 25, 2009 | March 2, 2018 |
Frequently asked questions about CBO and ZCB
Which ETF has performed better year to date: CBO or ZCB?
As of September 2, 2026, CBO has returned 0.92% year to date, while ZCB has returned 0.42%. CBO is ahead on YTD performance.
Which ETF is larger by assets under management: CBO or ZCB?
As of September 2, 2026, CBO manages $941.79 M in assets, while ZCB manages $2.12 B. ZCB is the larger fund by AUM.
How are CBO and ZCB managed?
CBO is passively managed by iShares. It tracks the FTSE Canada 1-5 Year Laddered Corporate Bond TR Index - CAD benchmark. ZCB is passively managed by BMO. It tracks the FTSE Canada All Corporate Bond TR Index - CAD benchmark.
What sectors do CBO and ZCB emphasize?
CBO is most exposed to Finance, Industrials, and Utilities. ZCB is most exposed to Finance, Energy, and Industrials.
Which ETF is attracting more investor flows: CBO or ZCB?
Year to date, CBO has seen +$169.52 M in net flows, compared with +$453.53 M for ZCB. ZCB has attracted more net investor money so far.
How do the fees of CBO and ZCB compare?
CBO has an expense ratio of 0.27%, while ZCB has an expense ratio of 0.17%.
What are the top holdings of CBO and ZCB?
CBO's largest holdings include Toronto-Dominion Bank, 4.133% 9jan2033, CAD, Pacific Life Global Funding II, 4.195% 29jul2032, CAD (2025-8), and New York Life Global Funding, 4% 17jun2032, CAD (2025-8). ZCB's top holdings include Royal Bank of Canada, 5.228% 24jun2030, CAD, Toronto-Dominion Bank, 5.491% 8sep2028, CAD, and Bank of Nova Scotia, 4.442% 15nov2035, CAD.
Which ETF is more diversified: CBO or ZCB?
CBO holds 454 securities, while ZCB holds 67. On holdings count, CBO is the more diversified portfolio.
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