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Compare iShares 1-10 Year Laddered Government Bond Index ETF (CLG) vs BMO Government Bond Index ETF (ZGB) to find the best fit for your portfolio. CLG provides Municipal, Sovereign, and Government Agencies exposures, while ZGB is primarily weighted in Sovereign, Municipal, and Government Agencies. When evaluating costs, CLG features a management fee (MER) of 0.15%, compared to 0.15% for ZGB. Performance-wise, CLG has returned 0.4% year-to-date with +$158 M in net flows, whereas ZGB is at 0.11% with -$198 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
CLG
ZGB
| AuM | $993.09 M | $1,244.50 M |
| Management Fees | 0.15% | 0.15% |
| Exp. ratio | 0.17% | 0.17% |
| Tracking Difference | - | - |
Historical performance and flows
As of September 2, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | CLG | -0.81% | -0.72% | +0.40% | +1.74% | +13.39% |
ZGB | -1.27% | -1.77% | -0.11% | +1.64% | +11.47% | |
| Flows | CLG | +$9 M | +$68 M | +$158 M | +$282 M | +$420 M |
ZGB | -$6 M | -$5 M | -$198 M | -$198 M | +$185 M |
CLG vs ZGB exposure
Countries
CLG
Canada
99.97%
ZGB
Canada
100.00%
Sectors
CLG
Municipal
40.39%
Sovereign
39.40%
Government Agencies
17.48%
ZGB
Sovereign
45.02%
Municipal
41.74%
Government Agencies
13.24%
As of September 2, 2026
Top 10 Holdings
CLG
Canada, Bond 2 1jun2028 10Y
4.15%
Canada, Bond 1.25 1jun2030 10Y
3.74%
Canada, Bonds 2.5% 1dec2032, CAD
2.38%
Canada, Bonds 2.75% 1jun2033, CAD
2.35%
Canada, Bond 1 1jun2027 10Y
2.17%
Canada, Bonds 1.5% 1dec2031 10Y
2.12%
Canada, Bonds 2% 1jun2032, CAD
2.07%
Canada, Bond 0.5 1oct2030 10Y
2.04%
Canada, Bond 1.5 1jun2031 10Y
1.94%
CMHC, 2.65% 15dec2028, CAD (85)
1.93%
ZGB
Canada, Bond 1.25 1jun2030 10Y
12.45%
Canada, Bonds 2% 1jun2032, CAD
6.22%
Canada, Bonds 1.5% 1dec2031 10Y
6.11%
Canada Housing Trust, 4.25% 15mar2034, CAD (118)
3.48%
Canada, Bonds 3.5% 1mar2028, CAD
3.37%
Canada, Bonds 2.5% 1dec2032, CAD
3.18%
CMHC, 1.75% 15jun2030, CAD (92)
3.16%
Province of Ontario, 2.15% 2jun2031, CAD (DMTN249)
3.16%
Canada, Bonds 2.75% 1dec2055, CAD
2.62%
Province of Ontario, 2.65% 2dec2050, CAD (DMTN242)
2.33%
Diversification
CLG
Total weight of top 10 holdings out of 99 total
24.89%
ZGB
Total weight of top 10 holdings out of 48 total
46.09%
Characteristics
Compare
CLG
ZGB
| Provider | iShares | BMO |
| Management | Passively managed | Passively managed |
| Benchmark | FTSE Canada 1-10 Year Laddered Government Bond TR Index - CAD | FTSE Canada All Government Bond TR Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Fixed Income | Fixed Income |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.61% | 3.15% |
| Meets ESG criteria | No | No |
| Inception Date | October 20, 2011 | March 7, 2018 |
Frequently asked questions about CLG and ZGB
Which ETF has performed better year to date: CLG or ZGB?
As of September 2, 2026, CLG has returned 0.40% year to date, while ZGB has returned -0.11%. CLG is ahead on YTD performance.
Which ETF is larger by assets under management: CLG or ZGB?
As of September 2, 2026, CLG manages $993.09 M in assets, while ZGB manages $1.24 B. ZGB is the larger fund by AUM.
How are CLG and ZGB managed?
CLG is passively managed by iShares. It tracks the FTSE Canada 1-10 Year Laddered Government Bond TR Index - CAD benchmark. ZGB is passively managed by BMO. It tracks the FTSE Canada All Government Bond TR Index - CAD benchmark.
What sectors do CLG and ZGB emphasize?
CLG is most exposed to Municipal, Sovereign, and Government Agencies. ZGB is most exposed to Sovereign, Municipal, and Government Agencies.
Which ETF is attracting more investor flows: CLG or ZGB?
Year to date, CLG has seen +$158.32 M in net flows, compared with -$197.62 M for ZGB. CLG has attracted more net investor money so far.
How do the fees of CLG and ZGB compare?
CLG has an expense ratio of 0.17%, while ZGB has an expense ratio of 0.17%.
What are the top holdings of CLG and ZGB?
CLG's largest holdings include Canada, Bond 2 1jun2028 10Y, Canada, Bond 1.25 1jun2030 10Y, and Canada, Bonds 2.5% 1dec2032, CAD. ZGB's top holdings include Canada, Bond 1.25 1jun2030 10Y, Canada, Bonds 2% 1jun2032, CAD, and Canada, Bonds 1.5% 1dec2031 10Y.
Which ETF is more diversified: CLG or ZGB?
CLG holds 99 securities, while ZGB holds 48. On holdings count, CLG is the more diversified portfolio.
Recent articles about CLG and ZGB
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