VS
When evaluating costs, CCLO features a management fee (MER) of 0.3%, compared to 0.25% for ZEB. Performance-wise, CCLO has returned 0.64% year-to-date with -$37 M in net flows, whereas ZEB is at 15.15% with -$1,031 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
CCLO
ZEB
| AuM | $48.59 M | $5,243.19 M |
| Management Fees | 0.30% | 0.25% |
| Exp. ratio | 0.30% | 0.28% |
| Tracking Difference | - | -0.67% |
Historical performance and flows
As of May 7, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | CCLO | +0.03% | +0.25% | +0.64% | - | - |
ZEB | +7.87% | +10.14% | +15.15% | +64.67% | +121.52% | |
| Flows | CCLO | -$4 M | -$24 M | -$37 M | - | - |
ZEB | -$289 M | -$565 M | -$1,031 M | -$1,629 M | -$1,467 M |
CCLO vs ZEB exposure
Countries
CCLO
Exposure data will be available soon
ZEB
Canada
100.00%
Sectors
CCLO
Exposure data will be available soon
ZEB
Financials
100.00%
As of May 7, 2026
Top 10 Holdings
CCLO
Exposure data will be available soon
ZEB
ROYAL BK CANADA
17.14%
TORONTO DOMINION
17.02%
BNS
16.62%
BANK OF MONTREAL
16.48%
CDN IMPERIAL BK
16.40%
NATIONAL BANK OF CANADA
16.33%
Diversification
CCLO
Exposure data will be available soon
ZEB
Total weight of top 10 holdings out of 6 total
100.00%
Characteristics
Compare
CCLO
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 | - | 2.62% |
| Meets ESG criteria | No | No |
| Inception Date | May 21, 2025 | October 20, 2009 |
Frequently asked questions about CCLO and ZEB
Which ETF has performed better year to date: CCLO or ZEB?
As of May 7, 2026, CCLO has returned 0.64% year to date, while ZEB has returned 15.15%. ZEB is ahead on YTD performance.
Which ETF is larger by assets under management: CCLO or ZEB?
As of May 7, 2026, CCLO manages $48.59 M in assets, while ZEB manages $5.24 B. ZEB is the larger fund by AUM.
How are CCLO and ZEB managed?
CCLO 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.
Which ETF is attracting more investor flows: CCLO or ZEB?
Year to date, CCLO has seen -$36.51 M in net flows, compared with -$1,030.81 M for ZEB. CCLO has attracted more net investor money so far.
How do the fees of CCLO and ZEB compare?
CCLO has an expense ratio of 0.30%, while ZEB has an expense ratio of 0.28%.
Recent articles about CCLO and ZEB
From CLOs to 3x Bets: New ETFs Shake Up the Canadian Market
Canadian investors now have two new ways to play: high-quality yield or high-octane trades.
Posted on 5/26/2025 by ETF Market Canada inLaunches
Bank Stocks: An Undervalued Gem?
Bank stocks are poised for growth amid declining inflation and rate cuts.
Posted on 7/29/2024 by ETF Market Canada inBanks
The ETF Market Canada is brought to you by Cboe in partnership with Trackinsight SA who is providing all the data, analysis and editorial content on this site. Unless explicitly stated as such, any information that you receive is not real-time.
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.
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.