VS
iShares Global Infrastructure Index ETF (CIF) and BMO Global Infrastructure Index ETF (ZGI) offer distinct profiles for Canadian ETF investors. A direct comparison shows that CIF focuses its top 3 sector exposures on Utilities, Energy, and Industrials, while ZGI leans towards Energy, Utilities, and Finance. When evaluating costs, CIF features a management fee (MER) of 0.65%, compared to 0.55% for ZGI. Performance-wise, CIF has returned 17.63% year-to-date with +$423 M in net flows, whereas ZGI is at 9.25% with +$18 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
CIF
ZGI
| AuM | $1,516.98 M | $490.33 M |
| Management Fees | 0.65% | 0.55% |
| Exp. ratio | 0.72% | 0.61% |
| Tracking Difference | - | - |
Historical performance and flows
As of September 15, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | CIF | -4.78% | -6.58% | +17.63% | +19.68% | +96.05% |
ZGI | -3.50% | -5.53% | +9.25% | +10.62% | +45.91% | |
| Flows | CIF | -$3 M | +$100 M | +$423 M | +$527 M | +$783 M |
ZGI | +$1 M | +$6 M | +$18 M | -$87 M | -$277 M |
CIF vs ZGI exposure
Countries
CIF
USA
40.12%
Canada
34.69%
Brazil
7.87%
Other
17.32%
ZGI
USA
68.69%
Canada
22.58%
Other
8.73%
Sectors
CIF
Utilities
44.52%
Energy
26.50%
Industrials
25.50%
ZGI
Energy
45.70%
Utilities
42.34%
Finance
10.47%
As of September 15, 2026
Top 10 Holdings
CIF
ATCO Ltd.
5.37%
Edison International
5.33%
Enel Chile SA
4.25%
Targa Resources Corp.
4.11%
Caterpillar, Inc.
3.86%
Companhia de Saneamento Basico do Estado de Sao Paulo SABESP
3.66%
Canadian Utilities Ltd.
3.56%
Scorpio Tankers, Inc.
3.35%
Sterling Infrastructure, Inc.
3.23%
Keyera Corp.
3.12%
ZGI
Enbridge, Inc.
9.47%
The Williams Cos., Inc.
6.79%
American Tower Corp.
6.35%
National Grid Plc
6.26%
TC Energy Corp.
5.54%
Kinder Morgan, Inc.
4.85%
Sempra
4.58%
Targa Resources Corp.
4.50%
ONEOK, Inc.
4.39%
Cheniere Energy, Inc.
4.23%
Diversification
CIF
Total weight of top 10 holdings out of 60 total
39.85%
ZGI
Total weight of top 10 holdings out of 50 total
56.97%
Characteristics
Compare
CIF
ZGI
| Provider | iShares | BMO |
| Management | Passively managed | Passively managed |
| Benchmark | MFC Global Infrastructure Index - USD | Dow Jones Brookfield Global Infrastructure North American Listed Net Total Return Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.66% | 2.40% |
| Meets ESG criteria | No | No |
| Inception Date | August 27, 2008 | January 19, 2010 |
Frequently asked questions about CIF and ZGI
Which ETF has performed better year to date: CIF or ZGI?
As of September 15, 2026, CIF has returned 17.63% year to date, while ZGI has returned 9.25%. CIF is ahead on YTD performance.
Which ETF is larger by assets under management: CIF or ZGI?
As of September 15, 2026, CIF manages $1.52 B in assets, while ZGI manages $490.33 M. CIF is the larger fund by AUM.
How are CIF and ZGI managed?
CIF is passively managed by iShares. It tracks the MFC Global Infrastructure Index - USD benchmark. ZGI is passively managed by BMO. It tracks the Dow Jones Brookfield Global Infrastructure North American Listed Net Total Return Index - CAD benchmark.
What sectors do CIF and ZGI emphasize?
CIF is most exposed to Utilities, Energy, and Industrials. ZGI is most exposed to Energy, Utilities, and Finance.
Which ETF is attracting more investor flows: CIF or ZGI?
Year to date, CIF has seen +$422.69 M in net flows, compared with +$17.57 M for ZGI. CIF has attracted more net investor money so far.
How do the fees of CIF and ZGI compare?
CIF has an expense ratio of 0.72%, while ZGI has an expense ratio of 0.61%.
What are the top holdings of CIF and ZGI?
CIF's largest holdings include ATCO Ltd., Edison International, and Enel Chile SA. ZGI's top holdings include Enbridge, Inc., The Williams Cos., Inc., and American Tower Corp..
Which ETF is more diversified: CIF or ZGI?
CIF holds 60 securities, while ZGI holds 50. On holdings count, CIF is the more diversified portfolio.
Recent articles about CIF and ZGI
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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.




