VS
iShares 1-5 Year Laddered Corporate Bond Index ETF (CBO) and BMO S&P 500 Index ETF (ZSP) offer distinct profiles for Canadian ETF investors. A direct comparison shows that CBO focuses its top 3 sector exposures on Banks, Power, and Insurance and reinsurance, while ZSP leans towards Technology, Finance, and Consumer Non-Cyclicals. When evaluating costs, CBO features a management fee (MER) of 0.25%, compared to 0.08% for ZSP. Performance-wise, CBO has returned 1.21% year-to-date with +$149 M in net flows, whereas ZSP is at 11.96% with +$291 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
ZSP
| AuM | $929.91 M | $23,825.17 M |
| Management Fees | 0.25% | 0.08% |
| Exp. ratio | 0.27% | 0.09% |
| Tracking Difference | - | -0.10% |
Historical performance and flows
As of July 17, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | CBO | +0.02% | +0.51% | +1.21% | +3.73% | +18.18% |
ZSP | +0.08% | +8.15% | +11.96% | +22.47% | +80.87% | |
| Flows | CBO | +$13 M | +$92 M | +$149 M | +$201 M | +$136 M |
ZSP | -$96 M | +$12 M | +$291 M | +$899 M | +$5,074 M |
CBO vs ZSP exposure
Countries
CBO
Canada
85.83%
Other
13.74%
ZSP
USA
97.86%
Sectors
CBO
Banks
26.82%
Other
13.74%
Power
9.97%
Insurance and reinsurance
8.67%
Other
40.80%
ZSP
Technology
46.52%
Finance
12.65%
Consumer Non-Cyclicals
9.38%
Healthcare
8.23%
Industrials
7.68%
Other
15.54%
As of July 17, 2026
Top 10 Holdings
CBO
Coastal Gaslink Pipeline LP, 4.907% 30jun2031, CAD (C)
1.45%
Greater Toronto Airports Authority, 7.1% 4jun2031, CAD (2001-1)
1.35%
OMERS Realty, 4.96% 10feb2031, CAD
1.34%
North West Redwater Partnership, 2.8% 1jun2031, CAD (N)
1.32%
Sun Life Financial, 2.06% 1oct2035, CAD (2020-2)
1.09%
Hydro One Inc, 3.02% 5apr2029, CAD (43)
1.08%
Hydro One Inc, 1.69% 16jan2031, CAD (49)
1.07%
CA779926WF74
1.07%
CA89116C3S44
1.07%
Lower Mattagami Energy, 2.433% 14may2031, CAD (2021-1)
1.06%
ZSP
NVIDIA Corp.
8.04%
Apple, Inc.
7.08%
Microsoft Corp.
4.89%
Amazon.com, Inc.
4.14%
Alphabet, Inc.
3.51%
Broadcom Inc.
3.12%
Alphabet, Inc.
2.79%
Meta Platforms, Inc.
2.15%
Tesla, Inc.
1.92%
Micron Technology, Inc.
1.61%
Diversification
CBO
Total weight of top 10 holdings out of 482 total
11.89%
ZSP
Total weight of top 10 holdings out of 502 total
39.24%
Characteristics
Compare
CBO
ZSP
| Provider | iShares | BMO |
| Management | Passively managed | Passively managed |
| Benchmark | FTSE Canada 1-5 Year Laddered Corporate Bond TR Index - CAD | S&P 500 CAD Total Return Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Fixed Income | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 3.48% | 0.77% |
| Meets ESG criteria | No | No |
| Inception Date | February 25, 2009 | November 14, 2012 |
Frequently asked questions about CBO and ZSP
Which ETF has performed better year to date: CBO or ZSP?
As of July 17, 2026, CBO has returned 1.21% year to date, while ZSP has returned 11.96%. ZSP is ahead on YTD performance.
Which ETF is larger by assets under management: CBO or ZSP?
As of July 17, 2026, CBO manages $929.91 M in assets, while ZSP manages $23.83 B. ZSP is the larger fund by AUM.
How are CBO and ZSP managed?
CBO is passively managed by iShares. It tracks the FTSE Canada 1-5 Year Laddered Corporate Bond TR Index - CAD benchmark. ZSP is passively managed by BMO. It tracks the S&P 500 CAD Total Return Index - CAD benchmark.
What sectors do CBO and ZSP emphasize?
CBO is most exposed to Banks, Power, and Insurance and reinsurance. ZSP is most exposed to Technology, Finance, and Consumer Non-Cyclicals.
Which ETF is attracting more investor flows: CBO or ZSP?
Year to date, CBO has seen +$149.33 M in net flows, compared with +$290.69 M for ZSP. ZSP has attracted more net investor money so far.
How do the fees of CBO and ZSP compare?
CBO has an expense ratio of 0.27%, while ZSP has an expense ratio of 0.09%.
What are the top holdings of CBO and ZSP?
CBO's largest holdings include Coastal Gaslink Pipeline LP, 4.907% 30jun2031, CAD (C) and Greater Toronto Airports Authority, 7.1% 4jun2031, CAD (2001-1). ZSP's top holdings include NVIDIA Corp., Apple, Inc., and Alphabet, Inc..
Which ETF is more diversified: CBO or ZSP?
CBO holds 406 securities, while ZSP holds 499. On holdings count, ZSP is the more diversified portfolio.
Recent articles about CBO and ZSP
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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.